Showing 1 - 10 of 1,863
period during which more than 1,300 banks failed. Bank failures are fundamentally important because of the unique role played … during this period. First, commercial real estate was only a factor in the bank failures of 1988-92. Second, construction … loans played a much larger role in bank failures than permanent loans, and the relationship is strongest with construction …
Persistent link: https://www.econbiz.de/10008615013
one-period probit model used by Cole and Gunther (1998). Using data on U.S. bank failures from 1985 – 1992, we find that …, from an econometric perspective, the hazard model is more accurate than the probit model in predicting bank failures, but … data from the 1980s performs surprisingly well in forecasting bank failures during 2009 – 2010. …
Persistent link: https://www.econbiz.de/10008615025
offsite monitoring system based on publicly available accounting data. Their findings suggest that, if a bank has not been … off-site systems derives from both their timeliness—an updated off-site rating is available for every bank in every …
Persistent link: https://www.econbiz.de/10008615036
In this study, we analyze why U.S. commercial banks failed during the recent financial crisis. We find that proxies for commercial real estate investments, as well as traditional proxies for the CAMELS components, do an excellent job in explaining the failures of banks that were closed during...
Persistent link: https://www.econbiz.de/10008615045
This paper empirically examines the effect of bank’s revenue diversification across different activities on the stock … increasing non-interest income share on the franchise values of banks, while there is no strong evidence that it reduce bank … risk, idiosyncratic risk, and total risk). Furthermore, we find that the effects of bank’s revenue diversification on …
Persistent link: https://www.econbiz.de/10011259806
In this paper, we examine whether legal systems affect the structure of capital markets in terms of the development of bond markets versus equity markets. Using a dataset of 42 developed and developing countries, we document that a country's legal system, especially investor protections,...
Persistent link: https://www.econbiz.de/10011110744
Insurance Industry is going through a very important stage of its transformation - the transition from the classical system of management into a risk-based management. These changes were launched in Europe by international organizations which deal with the development of the necessary...
Persistent link: https://www.econbiz.de/10008728065
reflect funds’ credit exposure to eurozone banks. Instead, credit risk in prime MMFs rose because of the deteriorating credit …
Persistent link: https://www.econbiz.de/10011108102
bank loans to solvent but liquidity strained banks and federal deposit insurance, was developed in the early 1900s to … believe their bank is in financial trouble. • While the safety net solves the instability problem, it also creates incentives … adequately assess, monitor, and control bank risk taking. Current activities conducted by banks that would be prohibited for them …
Persistent link: https://www.econbiz.de/10011259288
banks, other authors, among whom Ross Levine and his co-authors from the World Bank, question heavily the present banking …
Persistent link: https://www.econbiz.de/10005836074