Similar Search Results

Interdependence Between Assets and Liabilities in the Banking System : Changes in the Last Two Decades

Michelangeli, Valentina; Fabio Massimo, Piersanti - 2023

Asset and liability management deals with the joint evaluation of assets and liabilities in a bank’s balance sheet; it is a traditional tool used by intermediaries to limit financial risks. Building on a measure of the extent of asset-liability management practices, which we name...

Persistent link: https://www.econbiz.de/10014354346

Italian Banks and Market-Based Corporate Financing

Albareto, Giorgio - 2018

The recent financial crisis has induced firms to turn increasingly to financing sources other than bank credit, and banks to boost their income from non-lending services. This paper provides some evidence concerning possibility and convenience for Italian banks to expand the supply of financial...

Persistent link: https://www.econbiz.de/10012921176

Risks and Challenges of Complex Financial Instruments : An Analysis of SSM Banks

Roca, Rosario - 2018

We investigate the valuation risk affecting financial instruments classified as L2 and L3 for accounting purposes. These are instruments that are not directly traded in active markets and are often relatively complex, opaque and illiquid. There is a huge volume of L2 and L3 instruments in the...

Persistent link: https://www.econbiz.de/10012927631

Why Do Banks Use Derivatives? An Analysis of the Italian Banking System

Infante, Luigi - 2018

The derivatives market has experienced quick growth all over the world in the last two decades. Banks decide to … participate in the derivatives market either to hedge against unexpected movements in economic variables or for trading and broker …-dealer activities. This paper analyses, by means of multivariate descriptive statistical tools, the determinants of Italian banks' use …

Persistent link: https://www.econbiz.de/10012914887

Fragilità Finanziaria Delle Imprese E Allocazione Del Credito (Firms’ Financial Fragility and Credit Allocation)

Bonaccorsi di Patti, Emilia - 2017

Nel 2015 i prestiti bancari sono cresciuti per le imprese di maggiore dimensione mentre hanno continuato a contrarsi per quelle più piccole; questo divario si osserva anche per le aziende appartenenti allo stesso settore di attività economica o con condizioni di bilancio simili. Stime...

Persistent link: https://www.econbiz.de/10012958375

Regulation, Tax and Capital Structure : Evidence from Administrative Data on Italian Banks

Bond, Steve - 2017

This paper explores the effect of taxation on the capital structure of banks. For identification, we exploit exogenous regional variations in the rate of the Italian tax on productive activities (IRAP) using administrative, confidential data on regional banks provided by the Bank of Italy...

Persistent link: https://www.econbiz.de/10012963003

The Bank-Firm Relationships After Basel 2 : A Survey on Italian Firms

Bentivogli, Chiara - 2009

This paper shows the results of a survey on firms regarding the changes that are occurring in the bank-firm relationship in view of Basel II. The survey has been conducted on an national basis together with a local one directed to small firms localized in the regions of Emilia-Romagna, Puglia...

Persistent link: https://www.econbiz.de/10012721208

Credit Access for Female Firms : Evidence from a Survey on European SMEs

Stefani, Maria Lucia - 2013

This paper uses ECB survey data to assess whether gender matters in the small firms' financial structure and access to credit. Firms owned or managed by women (female firms) use smaller amounts and less heterogeneous sources of external finance than their male counterparts. According to...

Persistent link: https://www.econbiz.de/10013078679

An Assessment of Financial Sector Rescue Programmes

Faeh, Thomas - 2010

We analyse the wide array of rescue programmes adopted in several countries, following Lehman Brothers' default in September 2008, in order to support banks and other financial institutions. We first provide an overview of the programmes, comparing their characteristics, magnitudes and...

Persistent link: https://www.econbiz.de/10013143555

Financial Fragility and Growth Prospects : Credit Rationing During the Crisis

Albareto, Giorgio - 2012

This paper analyzes firms' difficulties in accessing credit before and during the crisis, by focusing on two of their characteristics: financial fragility and growth prospects. Our econometric analysis indicates that fragile financial conditions were associated with a much higher than average...

Persistent link: https://www.econbiz.de/10013099614

1
2
3
4
5
6
7
8
9
10
Next
Last