Showing 1 - 10 of 194
banks submit in Term Deposit Facility operations, a Federal Reserve tool created to manage the quantity of bank reserves. We … term deposits qualify for the LCR. These results suggest that liquidity regulation affects bank demand in monetary policy …
Persistent link: https://www.econbiz.de/10011578907
European bank equity values - an effect that is normally positive - has become negative since interest rates in the euro area …
Persistent link: https://www.econbiz.de/10012182094
Using confidential loan officer survey data on lending standards and internal risk ratings on loans, we document an effect of large-scale asset purchase programs (LSAPs) on lending standards and risk-taking. We exploit cross-sectional variation in banks? holdings of mortgage-backed securities to...
Persistent link: https://www.econbiz.de/10014352384
banking sector. This paper offers unique new insights for U.S. banks by using supervisory data to examine bank …
Persistent link: https://www.econbiz.de/10014352395
experience of the United States during the Great Depression, a period of intense bank distress, to conduct our analysis. We … availability as indicated by the survey. A number of scholars have posited different ways that bank distress constrained credit …. In this study, we find that bank failures had the most dominant impact, but there is also some evidence for the …
Persistent link: https://www.econbiz.de/10013118655
The effect of bank capital on lending is a critical determinant of the linkage between financial conditions and real … Bernanke and Lown (1991) and Hancock and Wilcox (1993, 1994) - to study the lending of large bank holding companies (BHCs) and … and Morgan's (2006) VAR model, and again find modest effects of bank capital ratio changes on lending. These results are …
Persistent link: https://www.econbiz.de/10013122083
low-quality bank-dependent issuers from higher-quality issuers with access to public debt. In a baseline equilibrium with … expensive bank lending, this separation across debt market segments provides information, but equilibrium ratings are … uninformative. A positive shock to private (bank) relative to public lending supply allows banks to compete with public lenders for …
Persistent link: https://www.econbiz.de/10013006572
This paper investigates the causal effects of voluntary information disclosures on a bank's expected default … probability, enterprise risk, and value. I measure disclosure via a self-constructed index for the largest 80 U.S. bank holding … companies for the period 1998-2011. I provide evidence that a bank's management responds to a plausibly exogenous deterioration …
Persistent link: https://www.econbiz.de/10013011743
? To investigate this question, I exploit changes in tax rates on bank profits across U.S. states. Banks respond by …
Persistent link: https://www.econbiz.de/10012855726
Deposit insurance designs in many countries place a limit on the coverage of deposits in each bank. However, no limits …
Persistent link: https://www.econbiz.de/10013043004