Showing 1 - 10 of 469
defaults. The measure is based on an explicit criterion, the aggregate debt repayments, and is bank’s specific, affected by the … bank’s characteristics and links to other banks. Such measure can be useful to a regulator to determine in which banks cash …
Persistent link: https://www.econbiz.de/10010509633
-border contagion effects could turn out to be important in the EU because national banking problems could easily spread via the highly … take cross-border contagion effects into account. Supervisors with such a national mandate fail to implement the optimum …
Persistent link: https://www.econbiz.de/10011514035
traditional banks to modernize their core business activities. Banks attempt to confront the challenges of digitalization by … banks to form alliances with fintechs. Furthermore, we analyze whether such bank-fintech alliances affect the market … valuation of banks. We provide descriptive evidence on the different forms of alliances occurring in practice. Using hand …
Persistent link: https://www.econbiz.de/10011882455
contagion and spillovers in exporting and in foreign ownership decisions within an area of 10 miles in the city of Shanghai … amplify fixed-cost reductions for both exporting as well as foreign ownership of neighboring firms. Contagion among exporters …
Persistent link: https://www.econbiz.de/10011822884
Global financial regulators are currently reflecting on the nature of the insurance business. Specifically, they are trying to classify insurance into "traditional" and "non-traditional" activities, and to distinguish them from "non-insurance" activities. Subsequently, they will seek to apply...
Persistent link: https://www.econbiz.de/10010479958
rate independent of the source of loans - banks or moneylenders though the level effect (intercept) is higher if the loan … is obtained from banks or lower if the household lives below poverty line. The same also holds for the rate of growth of …
Persistent link: https://www.econbiz.de/10011952114
-intensive stocks. Our results reinforce concerns about "stranded assets" and the risk of financial contagion. Our policy implications …
Persistent link: https://www.econbiz.de/10012050954
This paper argues that the Eurozone crisis stems from a risk management failure in the Eurosystem's design, and that applying insurance theory is useful. We model risk neutral agents choosing portfolios of government bonds of n countries in a monetary union and other assets. We firstly analyse a...
Persistent link: https://www.econbiz.de/10010533082
marginal expected shortfall (MES), the systemic impact index (SII) and the vulnerability index (VI) for 16 listed banks in … that Chinese banks are at greater risk according to the CoVaR, the SII and the VI approaches, but have the lowest MES. …
Persistent link: https://www.econbiz.de/10011342308
We present a network model of the interbank market in which optimizing risk averse banks lend to each other and invest … entropy, closest matching and random matching. Contagion occurs through liquidity hoarding, interbank interlinkages and fire …
Persistent link: https://www.econbiz.de/10010475334