Showing 1 - 10 of 253
We study bank supervision by combining a theoretical model that distinguishes supervision from regulation and a novel … supervision and use the model to interpret the relationship between supervisory efforts and bank characteristics observed in the … proportionally with bank size, suggesting the presence of technological economies of scale in supervision. The data also show …
Persistent link: https://www.econbiz.de/10011537999
In moral hazard models, bank shareholders have incentives to transfer wealth from the deposit insurer - that is … value, and a risk measure, this paper develops a semi-parametric model for estimating the critical level of bank risk at …
Persistent link: https://www.econbiz.de/10010283427
Program (SCAP), better known as the bank 'stress test,' is one example of how the macro- and microprudential perspectives can … reviews the key features of the SCAP and discusses how they can be leveraged to improve bank supervision in the future. …
Persistent link: https://www.econbiz.de/10010283502
identify plausibly exogenous variation in the intensity of supervision across large U.S. bank holding companies (BHCs), based …
Persistent link: https://www.econbiz.de/10011537998
We measure bank supervision using the database of supervisory issues, known as matters requiring attention or immediate … a bank faces, which may suggest capacity constraints in addressing multiple supervisory issues. Using computational … and are less correlated with bank observables. By categorizing questions asked by analysts at banks' quarterly earnings …
Persistent link: https://www.econbiz.de/10011538000
We estimate the cost of capital for the banking industry and find that while the cost of capital soared for banks in the financial crisis, after the passage of the Dodd-Frank Act, the value-weighted cost of capital for banks fell differentially more than did the cost of capital for nonbanks. The...
Persistent link: https://www.econbiz.de/10012144697
We argue that post-crisis bank regulation can explain large, persistent deviations from parity on basis trades … a global systemically important bank suffer significant declines in assets and returns relative to unlevered funds. Thus … bank intermediation for their arbitrage strategies. …
Persistent link: https://www.econbiz.de/10012144701
had a measurable effect on the stock market valuation of the forty-two bank holding companies subject to the SEC order. I …
Persistent link: https://www.econbiz.de/10010283363
financial services, the number of U.S. bank branches has continued to increase steadily over time. Further, an increasing … lower bank-average deposits per branch and roughly equal volumes of small business loans per branch, but no reduction in net …-sized branch networks had lower bank-average deposits and small business loan volume per branch, but had lower net deposit costs …
Persistent link: https://www.econbiz.de/10010283383
particular, I find that a bank affiliated with a multi-bank holding company is significantly safer than either a stand-alone bank … or a bank affiliated with a one-bank holding company. Not only does affiliation reduce the probability of future … other banks. Moreover, the effects of affiliation are strengthened for an expanding bank holding company. However, the …
Persistent link: https://www.econbiz.de/10010283388