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The role of structural funding for stability in the German banking sector

Schupp, Fabian; Silbermann, Leonid - 2017

We analyze whether, and if so by how much, stable funding would have contributed to the financial soundness of German banks in the time period between 1995 and 2013, before the Basel III liquidity regulation to address excessive maturity mismatches in the wake of the financial crisis via the Net...

Persistent link: https://www.econbiz.de/10011608695

Asymmetric credit growth and current account imbalances in the euro area

Unger, Robert - 2015

factor. The pull factor captures flows of bank loans to the domestic non-financial private sector. An increase in these flows … less clear-cut. The paper also shows that variations in the flows of bank loans to the non-financial private sector (i …

Persistent link: https://www.econbiz.de/10011373649

The synchronization of European credit cycles

Meller, Barbara; Metiu, Norbert - 2015

We study the synchronization of credit booms and busts among 12 major European economies and the United States between 1972-2011. We propose a regression-based procedure to test whether boom-bust phases of credit cycles coincide across countries and to cluster countries with positively...

Persistent link: https://www.econbiz.de/10011299045

External financing and economic activity in the euro area : why are bank loans special?

Aldasoro, Iñaki; Unger, Robert - 2017

restrictive bank loan supply shock has a strong and persistent negative impact on real GDP and the GDP deflator. This result comes … "spare tire" for the reduction in bank loans. We show that this result can be rationalized by a recently revived view of … the act of lending. Consequently, our findings indicate that a substitution of bank loans by other sources of financing …

Persistent link: https://www.econbiz.de/10011632175

Bank loan supply shocks and alternative financing of non-financial corporations in the euro area

Mandler, Martin; Scharnagl, Michael - 2019

We analyse the macroeconomic effects of exogenous contractions in bank lending to non-financial corporations in the … to bank loans, such as financing via equity, debt securities, trade credit and lending from non-banks. We investigate … whether these alternative financing sources are complements to or substitutes for bank lending using the joint posterior …

Persistent link: https://www.econbiz.de/10012034573

The impact of the diffusion of a financial innovation on company performance : an analysis of SWIFT adoption

Scott, Susan V.; Van Reenen, John; Zachariadis, Markos - 2010

Persistent link: https://www.econbiz.de/10003990925

Multinational banks’ deleveraging in the crisis driven by pre-crisis characteristics and behavior

Frey, Rainer - 2015

After the collapse of Lehman Brothers, a rapid and far-reaching shrinkage of international banks’ assets with a focus on foreign claims took place. For the largest 67 German banking groups, we find that both their characteristics and behavior in the pre-crisis episode had repercussions for the...