Showing 1 - 10 of 44
This paper investigates the role that state-owned enterprises (SOEs) played during periods of economic sanctions against Iran. Using difference-in-difference techniques and exploiting survey data on the manufacturing sector, our analysis shows that the sanctions reduced revenues, profits, and...
Persistent link: https://www.econbiz.de/10015060048
The paper finds that, given Australia's conservative approach in implementing the Basel II framework, Australian banks' headline capital ratios underestimate their capital strengths. Given their high capital quality and the progress in their funding profiles since the global financial crisis,...
Persistent link: https://www.econbiz.de/10009423924
This paper analyzes the evolution of bank funding structures in the run up to the global financial crisis and studies … the implications for financial stability, exploiting a bank-level dataset that covers about 11,000 banks in the U.S. and …-crisis period were more likely to fail afterward. The likelihood of bank failure also increases with bank risk-taking. In the cross …
Persistent link: https://www.econbiz.de/10009423928
individual bank returns has not yet been developed. This paper proposes an extension of the so-called CoVaR measure that captures …
Persistent link: https://www.econbiz.de/10009618560
This paper presents a simple heuristic measure of tail risk, which is applied to individual bank stress tests and to …
Persistent link: https://www.econbiz.de/10009621630
-TAKING INSTITUTIONS -- IV. CREDIT RISK AND BANK LENDING DECISIONS -- V. CONCLUSIONS AND ISSUES GOING FORWARD: CREATING THE INCENTIVES AND …
Persistent link: https://www.econbiz.de/10012690992
Intro -- Contents -- I. INTRODUCTION -- II. THE FRAMEWORK FOR ASSESSING THE BANKING SECTOR: LONG-TERM TRENDS AND SHORT- TERM DEVELOPMENTS -- III. ASSESSING THE SOUNDNESS OF THE BANKING SECTOR -- IV. SUMMARY AND CONCLUSION -- BIBLIOGRAPHY.
Persistent link: https://www.econbiz.de/10012691047
Intro -- Contents -- I. INTRODUCTION -- II. MODEL SETTING AND CHARACTERISTICS -- III. UNIQUE EQUILIBRIUM CANDIDATE WITH STRATEGIC INTERMEDIATION -- IV. EXISTENCE OF AN EQUILIBRIUM WITH FREE RECONTRACTING OPPORTUNITY -- V. DISCUSSION -- VI. CONCLUDING REMARKS -- REFERENCES -- APPENDIX I. PROOFS...
Persistent link: https://www.econbiz.de/10012691170
This paper examines the financial stability implications arising from securitization markets, with one eye on the past and another on the future. The paper begins by deriving a number of “lessons learned†based on an examination of key industry developments in the years before the...
Persistent link: https://www.econbiz.de/10011142086
banks can extract market power rents. We show that more bank competition results in lower economy-wide risk, lower bank … allocation and optimal levels of bank risk and capitalization. These results are at variance with those obtained by a large …
Persistent link: https://www.econbiz.de/10012677775