Showing 1 - 10 of 207
Several papers find a positive association between a bank's equity stake in a borrowing firm and lending to that firm …
Persistent link: https://www.econbiz.de/10011820943
risk factors, we separate the bank-specific selection and monitoring abilities from the composition of the loan portfolio …, on average, lower loan losses, (b) the loss rate of a given industry in a bank's loan portfolio is lower if the bank has …
Persistent link: https://www.econbiz.de/10010233376
This paper uses matched bank-firm-level data and the 2014 depreciation of the euro to show that exchange rate … depreciations lead to increased bank loan supply of large banks with significant net foreign asset exposure. This increase in …
Persistent link: https://www.econbiz.de/10012792736
We provide the first empirical tests for financial protectionism, defined as a nationalistic change in bank's lending … foreigners. We use a bank-level panel data set spanning all British and foreign banks providing loans within the United Kingdom …, foreign nationalised banks seem to have engaged in financial protectionism, while British nationalised banks have not. -- Bank …
Persistent link: https://www.econbiz.de/10009125050
This paper examines the relationship between central bank funding and credit risk-taking. Employing comprehensive bank …-firm-level data from the German credit registry during 2009:Q1-2014:Q4, we find that borrowing from the central bank is associated … with rebalancing of bank portfolios towards ex-ante riskier firms. We further establish that this relationship is …
Persistent link: https://www.econbiz.de/10012250631
How does a shock to the liquidity of bank assets affect credit supply, cross-border lending, and real activity at the … firm level? We exploit that, in 2007, the European Central Bank replaced national collateral frameworks by a single list …
Persistent link: https://www.econbiz.de/10014467917
Bank distress can have severe negative consequences for the stability of the financial system, the real economy, and … for public finances. Regimes for the restructuring and resolution of banks, financed by bank levies and fiscal backstops …, seek to reduce these costs. Bank levies attempt to internalize systemic risk and to increase the costs of leverage. This …
Persistent link: https://www.econbiz.de/10010459282
requirements. We find that an increase in the bankspecific regulatory capital requirement results in a higher bank capital ratio … and higher bank leverage. We do not observe differences between confidential and public disclosure of capital requirements …. Our results empirically illustrate a tradeoff between bank resilience and a fostering of the economy through more bank …
Persistent link: https://www.econbiz.de/10011865005
Central Bank’s policy-rate cuts in mid-2014. The pass-through of the rate cuts to banks’ funding costs differs across the euro … provide a simple model of an augmented bank balance-sheet channel where in addition to costly external financing, there is …
Persistent link: https://www.econbiz.de/10013259629
minimum standard is unlikely to exhibit adverse consequences for credit supply and bank profitability. …
Persistent link: https://www.econbiz.de/10011541056