Showing 1 - 10 of 125
We employ proprietary data from a large bank to analyze how – in times of crisis – depositors react to a bank nationalization, re-privatization and an accompanying increase in deposit insurance. Nationalization slows depositors fleeing the bank, provided they have sufficient trust in the...
Persistent link: https://www.econbiz.de/10012385380
German savers are renowned for preferring safe, long-term investments, thus providing patient capital, with bank deposits playing an important role. Using a comprehensive data set for the German banking sector, we examine whether German depositors are really that patient, abstaining from any...
Persistent link: https://www.econbiz.de/10011285397
Persistent link: https://www.econbiz.de/10000850977
Using granular data of German banks for the 2003 to 2018 period, we analyse the determinants of bank rates on retail deposits. We find that a bank's rate on sight deposits is especially low if the bank operates in rural districts, if it is not exposed to strong competition and if it provides...
Persistent link: https://www.econbiz.de/10012697977
Recent regulatory initiatives such as the European Deposit Insurance Scheme propose a change in the coverage and backing of deposit insurances. An assessment of these proposals requires a thorough understanding of what drives depositors' withdrawal decisions. We show that Google searches for...
Persistent link: https://www.econbiz.de/10011995053
We exploit variation in the share of seniors across European banking markets to construct an IV for banks’ dependence on long-term deposit funding and find that greater long-term deposit funding reduces demand for long-term central bank funding via targeted longer-term refinancing operations...
Persistent link: https://www.econbiz.de/10014320568
We investigate the relationship between bank complexity and bank risk-taking using German banking data over the period … 2005-2017. We find that more complex banking organizations tend to take on more risk, but that this complexity-risk nexus … (SIBs) in general and complexity more specifically, alter banks’ choices of complexity and risk. Banks reduce their …
Persistent link: https://www.econbiz.de/10012510180
's vulnerability to periods of heightened risk and uncertainty. This paper develops a framework to evaluate such vulnerabilities. It … and explore how they are affected by domestic and global risk. We apply this framework to ten OECD economies, showing the … Kingdom, show that a substantial degree of international risk sharing can occur through current accounts and international …
Persistent link: https://www.econbiz.de/10011477292
Time pressure is a central aspect of economic decision making nowadays. It is therefore natural to ask how time pressure affects decisions, and how to detect individual heterogeneity in the ability to successfully cope with time pressure. In the context of risky decisions, we ask whether a...
Persistent link: https://www.econbiz.de/10011899690
Persistent link: https://www.econbiz.de/10000885117