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This paper presents a new dataset on the dynamics of non-performing loans (NPLs) during 88 banking crises since 1990. The data show similarities across crises during NPL build-ups but less so during NPL resolutions. We find a close relationship between NPL problems-elevated and unresolved...
Persistent link: https://www.econbiz.de/10012206258
This paper uses a unique dataset where credit rejections experienced by euro area firms are matched with firm and bank … characteristics. This allows us to study simultaneously the role that bank and firm weakness had in the credit reduction observed in … strong determinants of credit rejections, in the crisis period bank weakness made it harder to obtain external finance for …
Persistent link: https://www.econbiz.de/10012150099
. Moreover, we find evidence that bank-specific characteristics were more important determinants of credit growth than ownership …In this study, we reassess the links between commercial bank ownership and lending growth during the 1996-2019 period … credit growth during a home banking crisis, while foreign private-owned banks increase lending in the host countries …
Persistent link: https://www.econbiz.de/10013193442
significance. Our results do not point to a major role of newly introduced bank levies in explaining cross-border banking …
Persistent link: https://www.econbiz.de/10011802126
We show that a reduction in lender of last resort (LOLR) policy uncertainty posi-tively affects bank lending and … privatemarket and central bank security valuations - plays a key role in the propagation ofthe shock to lending and the real economy. …
Persistent link: https://www.econbiz.de/10012426306
We propose the CoJPoD, a novel framework explicitly linking the cross-sectional and cyclical dimensions of systemic risk. In this framework, banking sector distress in the form of the joint probability of default of financial intermediaries (reflecting contagion from both direct and indirect...
Persistent link: https://www.econbiz.de/10013332831
Bank market power, both in the loan and deposit market, has important implications for credit provision and for … offer demandable contracts. This structure allows us to review the literature on the role of market power for credit … identifies relevant channels that deserve further analysis, especially given the rising importance of bank market power for …
Persistent link: https://www.econbiz.de/10014484222
strategy for a comparable sample of banks. We find that banks participating in the stress tests reallocate credit away from …
Persistent link: https://www.econbiz.de/10013277156
This paper provides insights into the determinants of currency choice in cross-border bank lending, such as bilateral …-border bank lending in US dollars, and particularly in euro, is highly concentrated in a small number of countries. The UK is … particular, lending to non-bank financial intermediaries in the Cayman Islands, possibly as a result of regulatory and tax …
Persistent link: https://www.econbiz.de/10014507151
Loan guarantees represent a form of government intervention to support bank lending. However, their use raises concerns … as to their effect on bank risk-taking incentives. In a model of financial fragility that incorporates bank capital and a … bank incentive problem, we show that loan guarantees reduce depositor runs and improve bank underwriting standards, except …
Persistent link: https://www.econbiz.de/10013553424