Narrow search
Showing 1 - 10 of 307
Cover Image
Relationship Lending in the Interbank Market and the Price of Liquidity
Bräuning, Falk - 2016
This paper empirically investigates the effect of interbank relationship lending on banks' access to liquidity. Our analysis is based on German interbank payment data which we use to create a panel of unsecured overnight loans between 1079 distinct borrower-lender pairs. The data shows that...
Persistent link: https://www.econbiz.de/10012988824
Cover Image
Cutting the Credit Line : Evidence from Germany
Goldbach, Stefan - 2016
The massive decline in international trade in 2008/09 is often attributed to the global deterioration in financial conditions after the bankruptcy of a US investment bank, Lehman Brothers. This paper examines the association between external finance and firm activity in Germany in more detail....
Persistent link: https://www.econbiz.de/10012988680
Cover Image
The Winner's Curse : Evidence on the Danger of Aggressive Credit Growth in Banking
Kick, Thomas K. - 2016
Excessive credit creation by banks was at the root of the recent financial crisis. Nevertheless, micro-prudential regulation lacks a clear methodology to identify these banks. Combining arguments from banking and auction theory, we show that overoptimism causes excessive lending, subsequently...
Persistent link: https://www.econbiz.de/10012988673
Cover Image
Credit Portfolio Modelling and its Effect on Capital Requirements
Bulbul, Dilek - 2016
The subprime crisis revealed that the adoption of suitable systems for the management of credit risk is of utmost concern. The Basel Committee on Banking Supervision (2009) advises banks to use credit portfolio models with caution when assessing the capital adequacy. This paper investigates...
Persistent link: https://www.econbiz.de/10012988834
Cover Image
The effect of bank shocks on firm-level and aggregate investment
Amador, João; Nagengast, Arne J. - 2016
We show that credit supply shocks have a strong impact on firm-level as well as aggregate investment by applying the methodology developed by Amiti and Weinstein (2013) to a rich dataset of matched bank-firm loans in the Portuguese economy for the period 2005 to 2013. We argue that their...
Persistent link: https://www.econbiz.de/10011497725
Cover Image
The Effect of Bank Shocks on Firm-Level and Aggregate Investment
Amador, João - 2016
We show that credit supply shocks have a strong impact on firm-level as well as aggregate investment by applying the methodology developed by Amiti and Weinstein (2013) to a rich dataset of matched bank-firm loans in the Portuguese economy for the period 2005 to 2013. We argue that their...
Persistent link: https://www.econbiz.de/10012987210
Cover Image
Cutting the credit line: Evidence from Germany
Goldbach, Stefan; Nitsch, Volker - 2015
The massive decline in international trade in 2008/09 is often attributed to the global deterioration in financial conditions after the bankruptcy of a US investment bank, Lehman Brothers. This paper examines the association between external finance and firm activity in Germany in more detail....
Persistent link: https://www.econbiz.de/10011307513
Cover Image
Cyclicality of SME Lending and Government Involvement in Banks
Behr, Patrick - 2016
on financial stability and the real economy. We investigate the cyclicality of SME lending by local banks with vs …
Persistent link: https://www.econbiz.de/10012988665
Cover Image
Evaluation of Minimum Capital Requirements for Bank Loans to Smes
Duellmann, Klaus - 2016
). Key contributions are the use of a unique data set of SME lending by over 400 German banks and relating systematic risk to … granted in Basel II for SMEs relative to large firms. For SME loans in the corporate portfolio of the Internal Ratings …-Based Approach and also for SME loans treated under the revised standardized approach of Basel II, our asset correlation estimates …
Persistent link: https://www.econbiz.de/10012988786
Cover Image
Implications of bank regulation for loan supply and bank stability: A dynamic perspective
Bucher, Monika; Dietrich, Diemo; Hauck, Achim - 2018
A bank's decision on loan supply and capital structure determines its immediate bankruptcy risk as well as the future availability of internal funds. These internal funds in turn determine a bank's future costs of external finance and future vulnerability to bankruptcy risks. We study these...
Persistent link: https://www.econbiz.de/10011919020