Showing 1 - 10 of 241
We find that that the Current Expected Credit Loss (CECL) standard would slightly dampen fluctuations in bank lending … predictability of credit losses …
Persistent link: https://www.econbiz.de/10012182062
This paper presents empirical evidence on the effect of banks' financial position on credit growth using a sample of 29 … most important predictor of credit growth in the current year. The relationship between capital and credit growth is non … (decrease) in capital is associated with an increase (decrease) of 0.8 (0.3) percentage points in credit growth upon impact and …
Persistent link: https://www.econbiz.de/10011579142
The new forward-looking credit loss provisioning standard, CECL, is intended to promote proactive provisioning as loan …
Persistent link: https://www.econbiz.de/10011927112
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
, in the context of the eurozone periphery, the increase in domestic government bond holdings, the reduction of bank credit …
Persistent link: https://www.econbiz.de/10011710170
We modify the Diamond and Dybvig (1983) model of banking to jointly study various regulations in the presence of credit … liability side. The endogenously determined asset portfolio and capital structure interact to support credit extension, as well …
Persistent link: https://www.econbiz.de/10011803125
We empirically document that banks with greater exposure to high home price-to-income ratio regions in 2005 and 2006 have higher mortgage delinquency and charge-off rates and significantly higher probabilities of failure during the last financial crisis even after controlling for capital,...
Persistent link: https://www.econbiz.de/10011803674
The convention in calculating trading costs in corporate bond markets is to assume that dealers provide liquidity to non-dealers (customers) and calculate average bid-ask spreads that customers pay dealers. We show that customers often provide liquidity in corporate bond markets, and thus,...
Persistent link: https://www.econbiz.de/10011803677
We provide new evidence that credit supply shifts contributed to the U.S. subprime mortgage boom and bust. We collect …
Persistent link: https://www.econbiz.de/10012181334
Persistent link: https://www.econbiz.de/10015053949