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more lax lending policies than banks, we unveil important evidence that nonbanks increased bank borrowing following the …
Persistent link: https://www.econbiz.de/10011657569
Global liquidity refers to the volumes of financial flows—largely intermediated through global banks and non-bank … regulatory agendas related to non-bank financial institutions. …
Persistent link: https://www.econbiz.de/10014302919
bank monitoring based on banks' requests for information on their existing borrowers and we investigate the effect of bank … exogenous variation in bank monitoring. Our identification strategy is supported by a theoretical model predicting that a … decrease in the tax rate improves bank incentives to monitor borrowers by increasing returns from lending. We find that bank …
Persistent link: https://www.econbiz.de/10012224299
United Kingdom, Norway, France, Italy, Spain, and Portugal. Small firms in countries with higher financial frictions (for …
Persistent link: https://www.econbiz.de/10011904686
, and the bank approval disparity is also larger in more racially biased counties. We conclude that insofar as automation by …
Persistent link: https://www.econbiz.de/10014283621
well as bank risk-taking, growth, and operating costs. We use a difference-in-differences approach, making use of the fact … in large "jumbo" mortgages. We find no clear evidence of substitution in lending between bank and nonbank subsidiaries …, or effects on asset growth or bank noninterest expenses. …
Persistent link: https://www.econbiz.de/10011868541
The coronavirus outbreak raises the question of how central bank liquidity support affects financial stability and … promotes economic recovery. Using newly assembled data on cross-county flu mortality rates and state-charter bank balance … withdrawals. Banks that were members of the Federal Reserve System were able to access central bank liquidity, enabling them to …
Persistent link: https://www.econbiz.de/10012224329
In this paper, we introduce a model to study the interaction between insurance and banking. We build on the Federal Crop Insurance Act of 1980, which significantly expanded and restructured the decades-old federal crop insurance program and adverse weather shocks - over-exposure of crops to heat...
Persistent link: https://www.econbiz.de/10014551978
The Federal Home Loan Bank (FHLB) System is a large, complex, and understudied government-sponsored liquidity facility … provide evidence on the uses of these funds by the System’s bank and thrift members. Next, we identify the trade-offs faced by … about the respective roles of the various liquidity facilities would be helpful. -- Federal Home Loan Bank ; government …
Persistent link: https://www.econbiz.de/10003812547
-market banks does not by itself provide sufficient basis for identifying the degree of shock transmission from abroad. -- Bank …
Persistent link: https://www.econbiz.de/10003864584