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set of country-specific foreign variables, computed using bilateral bank lending exposures. Results reveal consi …
Persistent link: https://www.econbiz.de/10012677717
policymakers' efforts to strengthen bank capitalization …
Persistent link: https://www.econbiz.de/10012677547
identified late, solutions are much more costly. Until recently, Europe has seen only a small number of outright bank failures …, which made the estimation of early warning models for bank supervision very difficult. This paper presents a unique database … of individual bank distress across the European Union from mid-1990s to 2008. Using this data set, we analyze the causes …
Persistent link: https://www.econbiz.de/10012677700
The credit risk measures we develop in this paper are used to investigate macrofinancial linkages in the Mexican banking system. Domestic and external macro-financial variables are found to be closely associated with banking soundness. At the aggregate level, high external volatility and...
Persistent link: https://www.econbiz.de/10012677777
The paper assesses the effects of certain institutional factors on financial sector development in Sub- Saharan Africa (SSA). Data Envelopment Analysis (DEA) is applied to determine the extent to which these institutions affect the financial sector, and to suggest which institutions play a more...
Persistent link: https://www.econbiz.de/10012677506
-level data for central and eastern Europe and controlling for the feedback effect of credit growth on bank soundness. No evidence …This paper examines the behavior of bank soundness indicators during episodes of brisk loan growth, using bank …
Persistent link: https://www.econbiz.de/10012677467
resulting in an acceleration of bank lending. In particular, regulatory reforms pertaining to loan classification and …
Persistent link: https://www.econbiz.de/10012677865
This paper links the current sub-prime mortgage crisis to a decline in lending standards associated with the rapid expansion of this market. We show that lending standards declined more in areas that experienced larger credit booms and house price increases. We also find that the underlying...
Persistent link: https://www.econbiz.de/10012677586
Persistent link: https://www.econbiz.de/10012678161
Intro -- Contents -- I. INTRODUCTION -- II. SYSTEMIC RISK IN THE SINGLE FINANCIAL MARKET -- III. THE ARCHITECTURE FOR FINANCIAL CRISIS MANAGEMENT -- IV. THE LENDER OF LAST RESORT FUNCTION IN PRACTICE -- V. CHALLENGES -- VI. WAYS FORWARD: COORDINATION VS. CENTRALIZATION OF POLICYMAKING --...
Persistent link: https://www.econbiz.de/10012690995