Showing 1 - 10 of 16
We analyze the impact of quantitative easing by the Federal Reserve, European Central Bank and Bank of England on cross … and UK, respectively. In general QE works at short maturities across bank locations and loan currencies, more strongly for …
Persistent link: https://www.econbiz.de/10012052426
We find that stricter merger control legislation increases abnormal announcement returns of targets in bank mergers by …
Persistent link: https://www.econbiz.de/10011518760
This paper studies the effects of the bank capital requirements imposed by the European authorities in October 2011 on … granted by a representative Spanish bank and several subsidiaries to nonfinancial corporations around that date. We document …
Persistent link: https://www.econbiz.de/10012051949
bank- rm level credit data, we show that banks reallocate credit within their domestic loan portfolio in at least three …
Persistent link: https://www.econbiz.de/10012101160
We study how information sharing between banks influences the geographical clustering of branches. A spatial oligopoly model first explains why branches cluster and how information sharing impacts price competition and equilibrium clustering. With data on 59,333 branches of 676 banks in 22...
Persistent link: https://www.econbiz.de/10011875705
across countries, which could explain the plurality in conclusions in the Islamic/conventional bank efficiency debate. We … find that the alignment between the two bank types is positively related to the country's financial depth, transparency …, economic stability and banking concentration. At the bank level, the alignment in the two banking systems is associated with …
Persistent link: https://www.econbiz.de/10012177418
Comparing banks to non-bank lenders, we investigate whether the geographical distance between lenders, borrowers and … period. The difference in loan spread when bank-borrower distance increases from zero to the median of about 900 miles is 17 …, geographical distance does not seem to have any effect on the loan spread of mortgages granted by non-bank lenders. Moreover, loans …
Persistent link: https://www.econbiz.de/10012134672
In this paper we gauge the degree of interconnectedness and quantify the linkages between global and other systemically important institutions, and the global financial system. We document that the two groups and the financial system become more interconnected during the global financial crisis...
Persistent link: https://www.econbiz.de/10012219367
What is the impact of positive information sharing on households’ access to credit? Exploiting a nation-wide introduction of mandatory information sharing between banks on borrowers` current exposures, we differentiate between borrowers who apply to new banks and those who reapply to banks...
Persistent link: https://www.econbiz.de/10014238103
How do banks respond to changes in capital requirements as a result of the stress tests? Does the disclosure of stress test results matter? To answer these questions, we study the impact of European stress tests on banks' lending, their corresponding risk-taking, the ensuing effect on their...
Persistent link: https://www.econbiz.de/10013403421