Showing 1 - 10 of 176
We analyse the effects of supranational versus national banking supervision on credit supply, and its interactions with … institutional change leading to the centralisation of European banking supervision; (iii) high-frequency monetary policy surprises … supervision reduces credit supply to firms with very high ex-ante and ex-post credit risk, while stimulating credit supply to …
Persistent link: https://www.econbiz.de/10012137670
We study the relationship between banks' size and risk-taking in the context of supranational banking supervision …. Consistently with theoretical work on banking unions and in contrast to analyses emphasising incentives under- pinned by the too …
Persistent link: https://www.econbiz.de/10012627903
When the Covid-19 crisis struck, banks using internal-rating based (IRB) models quickly recognized the increase in risk and reduced lending more than banks using a standardized approach. This effect is not driven by borrowers' quality or by banks in countries with credit booms before the...
Persistent link: https://www.econbiz.de/10013485965
We evaluate the role of insider ownership in shaping banks' equity issuances in response to the global financial crisis. We construct a unique dataset on the ownership structure of U.S. banks and their equity issuances and discover that greater insider ownership leads to less equity issuances....
Persistent link: https://www.econbiz.de/10012418825
tests to establish the link between competition and measures of profit efficiency in banking, and find that competition …
Persistent link: https://www.econbiz.de/10003789457
and trends in the euro area banking sector in terms of the degree of homogeneity of countries. We find that in the period … 1998-2004 the banking sectors in the euro area countries seem to have become somewhat more homogeneous, although the …
Persistent link: https://www.econbiz.de/10003337152
applicable also to the European markets where regulatory and economic borders do not coincide and bank identities and reputation … seem to matter a great deal. -- Relationship banking ; bank organization ; bank origin ; loan announcement return …
Persistent link: https://www.econbiz.de/10003832012
market overlap, the decline is much smaller when there is a significant increase in local banking market concentration …
Persistent link: https://www.econbiz.de/10003790938
In this paper the probability of informed trading (PIN) model developed by Easley and O'Hara (1992) is applied to analyze the role and impact of heterogeneities in euro overnight unsecured market. The empirical assessment of the functioning of this market is based on the PIN which measures the...
Persistent link: https://www.econbiz.de/10003826076
This paper is the first that applies a new measure of competition, the Boone indicator, to the banking industry. This … competition can consider the entire banking market only. A caveat of the Boone-indicator may be that it assumes that banks …
Persistent link: https://www.econbiz.de/10003484173