Showing 1 - 10 of 1,281
The paper compares the degree of capital market integration across euro-area countries with that across regions in Italy and provinces in Canada. Analyzing saving-investment correlations, and developing as well as fitting to the data a model of capital flows, reveal no compelling differences...
Persistent link: https://www.econbiz.de/10014403500
identifies some key patterns of cross-border investment in bank subsidiaries by key banking groups in sub-Saharan Africa (SSA …) and discusses some of the determinants of this investment. Using a gravity model relating the annual value of a banking …-border banking is in part driven by a search for yield, diversification, and expansion for strategic reasons …
Persistent link: https://www.econbiz.de/10012102113
-border banking. Furthermore, recipient country characteristics are found to affect not only the level of country-specific flows, but …
Persistent link: https://www.econbiz.de/10014411210
This paper studies the transmission of bank capital shocks to loan supply in Indonesia. A series of theoretically founded dynamic panel data models are estimated and find nonlinear effects of capital on loan growth: the response of weaker banks to changes in their capital positions is larger...
Persistent link: https://www.econbiz.de/10011763618
This paper constructs a new measure of currency mismatch in the banking sector that controls for bank lending to …
Persistent link: https://www.econbiz.de/10014402704
We analyse euro area investors' portfolio rebalancing during the ECB's Asset Purchase Programme at the security level. Our empirical analysis shows that euro area investors (in particular investment funds and households) actively rebalanced away from securities targeted under the Public Sector...
Persistent link: https://www.econbiz.de/10012251289
markets, and aspects of systemic risk management. The implications for wholesale and retail banking markets are also discussed …
Persistent link: https://www.econbiz.de/10014400521
recently the importance of both US and Euro Area (EA) financial/banking sectors' related variables. Our contribution is the …
Persistent link: https://www.econbiz.de/10012103728
became known as the Chicago Plan. It envisaged the separation of the monetary and credit functions of the banking system, by … embedding a comprehensive and carefully calibrated model of the banking system in a DSGE model of the U.S. economy. We find …
Persistent link: https://www.econbiz.de/10010481421
We document external investment positions among European Union countries at the start of the financial crisis through the creation of a new database comprising bilateral external financial asset and liabilities, excluding reserve assets and derivatives. While there are some gaps in the data, the...
Persistent link: https://www.econbiz.de/10014403092