Showing 1 - 10 of 272
the public, long-term systemic risk among banks tends to increase. From the dynamic perspective, bank penalties represent … long-term. In this respect, bank penalties resemble still waters that run deep. In contrast, a settlement with regulatory …
Persistent link: https://www.econbiz.de/10012697108
rate of growth of capital asset or income whether source of borrowing is bank or money lender. This is then formalized in a …
Persistent link: https://www.econbiz.de/10011952114
survival of top executives (Presidents, CEOs and General Managers) to bank performance and the manager's local connections …, controlling for (observable and unobservable) bank and manager characteristics by exploiting longitudinal information on bank …-manager appointments. We measure the extent? of managers' local connections by the distance between the province of the bank's headquarters …
Persistent link: https://www.econbiz.de/10003772161
volatility of growth and profitability are bank-size dependent, and (iii) the relationship between growth and profitability of a … bank. Using a dynamic panel model estimated by GMM for a mixed sample of more than 1500 banks from 65 countries, we find no … evidence of persistence in bank growth. However, our findings suggest significant persistence in bank profitability. Moreover …
Persistent link: https://www.econbiz.de/10003883061
We model EU countries' bank ratings using financial variables and allowing for intercept and slope heterogeneity. Our …
Persistent link: https://www.econbiz.de/10003974520
Traditionally banks have used securitization for expanding credit and thus their profitability. It has been well documented that, at least before the 2008 crisis, many banks were keeping a high proportion of the securities that they created on their own balance-sheets. Those securities retained...
Persistent link: https://www.econbiz.de/10009570572
This paper studies the impact of a financial transactions tax on a financial market where financial institutions trade with each other. Assets are marked to the market and financial institutions with negative equity are forced out of business. There are two main results: First, if all banks have...
Persistent link: https://www.econbiz.de/10009571254
credit constraints on firm-level innovation. We find that access to bank credit helps firms to adopt existing products and … acquiring external know-how. We find no evidence that bank credit also stimulates firm innovation through in-house R&D. This …
Persistent link: https://www.econbiz.de/10011300996
mechanisms for bank risk-taking studied in a large partial equilibrium literature. We show that competitive equilibriums maximize … banks is higher than that of banks enjoying monopoly rents, and is robust to the introduction of social costs of bank … failures. In this model, there is no trade-off between bank competition and financial stability. -- general equilibrium ; bank …
Persistent link: https://www.econbiz.de/10009707593
This paper seeks to understand the interplay between banks, bank regulation, sovereign default risk and central bank … guarantees in a monetary union. I assume that banks can use sovereign bonds for repurchase agreements with a common central bank … cheaply, effectively shifting the risk of some of the potential sovereign default losses on the common central bank. …
Persistent link: https://www.econbiz.de/10009786077