Showing 1 - 10 of 499
Credit scoring was introduced in India in 2007. We study the pace of its adoption by new private banks (NPBs) and state …
Persistent link: https://www.econbiz.de/10012889500
We analyze the performance of Indian banks during 2007–09 relative to their vulnerability to a crisis measured using pre-crisis data, in order to study the impact of government guarantees on bank performance during a crisis. Using bank branch-level regulatory data, we exploit geographic...
Persistent link: https://www.econbiz.de/10013403886
equity. The dwindling pool of common equity in the banking system may have been one reason for the continued reluctance by …
Persistent link: https://www.econbiz.de/10013128263
We document that trust in public institutions--and particularly trust in banks, business and government--has declined over recent years. U.S. time series evidence suggests that this partly reflects the pro-cyclical nature of trust in institutions. Cross-country comparisons reveal a clear legacy...
Persistent link: https://www.econbiz.de/10013128268
The Nigerian banking system was in crisis for much of the 1990's and early 2000's. The reforms of 2005 were ambitious …
Persistent link: https://www.econbiz.de/10013128269
We analyze government interventions to alleviate debt overhang among banks. Interventions generate two types of rents. Informational rents arise from opportunistic participation based on private information while macroeconomic rents arise from free riding. Minimizing informational rents is a...
Persistent link: https://www.econbiz.de/10013130980
in banking. The effects of corporate and personal taxes, government regulation, the technology of producing deposit … services and the costs of bankruptcy and agency problems are all discussed in the context of the U.S. commercial banking system …
Persistent link: https://www.econbiz.de/10013133321
This paper studies the domestic and international effects of the transition to an interstate banking system implemented …. Interstate banking reduces the degree of local monopoly power of financial intermediaries. We show that the an economy that … the U.S. and international business cycle after the U.S. began its transition to interstate banking …
Persistent link: https://www.econbiz.de/10013135057
This paper assesses the impact of the geographic diversification of bank holding company (BHC) assets across the United States on their market valuations. Using two novel identification strategies based on the dynamic process of interstate bank deregulation, we find that exogenous increases in...
Persistent link: https://www.econbiz.de/10013117404
We estimate holdings of highly-rated tranches of mortgage securitizations of American deposit-taking banks ahead of the credit crisis and evaluate hypotheses that have been advanced to explain these holdings. We find that holdings of highly-rated tranches were economically trivial for the...
Persistent link: https://www.econbiz.de/10013121733