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The National Establishment Time Series (NETS) is a private sector source of U.S. business microdata. Researchers have used state-specific NETS extracts for many years, but relatively little is known about the accuracy and representativeness of the nationwide NETS sample. We explore the...
Persistent link: https://www.econbiz.de/10011803267
We exploit variation in commercial bank capital ratios across states to identify the impact of commercial bank balance … indicate a lack of substitutes for bank funding both in the short and long run. This lack of substitutes implies a notable … highlight the potential effects that bank balance sheet pressures, for example, from tightening capital adequacy standards, such …
Persistent link: https://www.econbiz.de/10013096073
The Durbin Amendment to the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 alters the competitive structure of the debit card payment processing industry and caps debit card interchange fees for banks with over $10 billion in assets. Market participants predicted that debit...
Persistent link: https://www.econbiz.de/10013046469
This paper examines the optimal design of and interaction between capital and liquidity regulations in a model characterized by fire sale externalities. In the model, banks can insure against potential liquidity shocks by hoarding sufficient precautionary liquid assets. However, it is never...
Persistent link: https://www.econbiz.de/10013210384
variation in the data based on the theories of bank capital regulation. The results show that countries with high average …
Persistent link: https://www.econbiz.de/10013210425
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
In this paper, we exploit a natural experiment in which thrifts in several states witnessed an exogenous reduction in supervisory attention to assess the effect of supervision on financial institutions' willingness to take risk. We show that the affected institutions took on much more risk than...
Persistent link: https://www.econbiz.de/10011710132
attention on the relationship between financial frictions and economic growth. With bank loans having only recently started …: whether the standards used to assign commercial bank CAMELS ratings have changed materially over time (1991-2011). We show …
Persistent link: https://www.econbiz.de/10013096068
bank or economic conditions. Moreover, banks above the CRE thresholds tended to have slower commercial and industrial loan … influence that portfolio-based macroprudential regulation might have on bank behavior …
Persistent link: https://www.econbiz.de/10012972963
probabilities of failure during the crisis even after controlling for standard bank characteristics and local economic conditions … that banks managed this risk by building stronger capital buffers. The bank level mortgage risk measures we develop could …
Persistent link: https://www.econbiz.de/10012827818