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We examine the effect of negative nominal interest rates on bank profitability and behavior using a cross-country panel …
Persistent link: https://www.econbiz.de/10012480657
disentangle loan supply from loan demand shift in the bank lending channel' literature. The results, derived from a sample of … in the pass-through on the interest rate on current accounts depends mainly on banks' liability structure. Bank's size is …
Persistent link: https://www.econbiz.de/10012468399
Persistent link: https://www.econbiz.de/10012467179
The banking systems of some countries export intermediation services to the rest of the world, while many other … money relative to bank assets than nonbanking-center countries. This paper develops a stylized model of regulated bank …
Persistent link: https://www.econbiz.de/10012474246
-funded capital injections. However, on closer inspection the composition of bank capital shifted radically from one based on common …
Persistent link: https://www.econbiz.de/10012461761
This paper examines the impact of bank regulations, market structure, and national institutions on bank net interest … margins and overhead costs using data on over 1,400 banks across 72 countries while controlling for bank …-specific characteristics. The data indicate that tighter regulations on bank entry and bank activities boost the cost of financial …
Persistent link: https://www.econbiz.de/10012468807
foreigners. We use a bank-level panel data set spanning all British and foreign banks providing loans within the United Kingdom …," domestic (British) loans of a bank expressed as a fraction of its total loan activity. We also study effective short …
Persistent link: https://www.econbiz.de/10012461585
Social Security benefits may be commenced at any time between ages 62 and 70. As individuals who claim later can, on average, expect to receive benefits for a shorter period, an actuarial adjustment is made to the monthly benefit to reflect the age at which benefits are claimed. In earlier work...
Persistent link: https://www.econbiz.de/10012460451
The global imbalance explanation of the financial crisis of 2007-09 suggests that demand for riskless assets from countries with current account surpluses created fragility in countries with current account deficits, most notably, in the United States. We examine this explanation by analyzing...
Persistent link: https://www.econbiz.de/10012462576
We offer a new explanation of loan syndicate structure based on banks' comparative advantage in managing systematic liquidity risk. When a syndicated loan to a rated borrower has systematic liquidity risk, the fraction of passive participant lenders that are banks is about 8% higher than for...
Persistent link: https://www.econbiz.de/10012464844