Showing 1 - 10 of 222
, populations are shrinking and ageing at the same time. This paper explores the impact of demographic change on the banking …
Persistent link: https://www.econbiz.de/10008534055
We examine evidence for a systematic underperformance of Germany’s state-owned banks in the current financial crisis and study if the bank losses can be traced to the quality of bank governance. For this purpose, we examine the biographical background of 593 supervisory board members in the 29...
Persistent link: https://www.econbiz.de/10005051557
We study differences in the price paid for liquidity across banks using price data at the individual bank level. Unique to this paper, we also have data on individual banks’ reserve requirements and actual reserve holdings, thus allowing us to gauge the extent to which a bank is short or long...
Persistent link: https://www.econbiz.de/10005051588
When firms borrow in foreign currency but collect revenues in local currency, exchange rate changes can affect their ability to repay their debt. Using loan-level data from U.S. banks' regulatory filings, this paper studies the effect of exchange rate changes on firms' loan payments. A 10...
Persistent link: https://www.econbiz.de/10012853395
We analyze the effect of negative monetary policy rates on banks, using detailed supervisory information from Switzerland. For identification, we compare changes in the behavior of banks that had different fractions of their central bank reserves exempt from negative rates. More affected banks...
Persistent link: https://www.econbiz.de/10012921277
We document that the first leak of customer information from a tax haven bank caused a sudden flight of deposits from tax havens and a sharp decrease in the market value of banks known to be assisting with tax evasion. The loss of market value was largest for the banks most strongly involved in...
Persistent link: https://www.econbiz.de/10012928123
We develop a stylized DSGE model in which banks face capital regulation and their loan portfolios are subject to non-diversifiable losses due to aggregate shocks. The framework is used to explore the importance of the interaction between macroeconomic conditions, credit default and bank...
Persistent link: https://www.econbiz.de/10012978077
We use payroll data on 1.2 million bank employee years in the Austrian, German, and Swiss banking sector to identify … incentive pay in the critical banking segments of treasury/capital market management and investment banking for 66 banks. We … banking. Moreover, pre-crisis incentive pay appears too strong for an optimal trade-off between trading income and risk which …
Persistent link: https://www.econbiz.de/10013045935
This paper examines the impact of the global financial crisis on the banking sector in the Middle East and North Africa …
Persistent link: https://www.econbiz.de/10012988301
We study the efficiency of banking regulation under financial integration. Banks freely choose the jurisdiction where …
Persistent link: https://www.econbiz.de/10012991941