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interest rate policy period, change in banks' competitive behaviour affected the bank lending channel and discouraged banks …
Persistent link: https://www.econbiz.de/10013553575
LCR considers only a subset of central bank eligible assets and thereby offers banks an arbitrage opportunity to improve … their regulatory ratio by altering their collateral pledging with the European Central Bank. We use the existence of … national liquidity requirements to proxy for banks' incentives to exploit this differential treatment of central bank eligible …
Persistent link: https://www.econbiz.de/10011994641
We provide evidence on the estimated effects of digital euro news on bank valuations and lending and find that they … bank intermediation and the economy. Under empirically-relevant assumptions (i.e., central bank collateral requirements and … through an expansion of the central bank balance sheet and profits. The issuance of CBDC exerts a smoothing effect on lending …
Persistent link: https://www.econbiz.de/10013328782
of banking sector concentration. Using a local projections framework with 2003-2023 country-level and bank-level data for …
Persistent link: https://www.econbiz.de/10014484425
How do banks set their target capital ratio? How do they adjust to reach it? This paper answers these questions using an original dataset of capital ratio targets directly announced to investors by European banks, materially improving data quality compared to usual estimated implicit target. It...
Persistent link: https://www.econbiz.de/10012705420
in line with the economic conditions they face. Bank responses feed back to the macroeconomic environment affecting …
Persistent link: https://www.econbiz.de/10012286943
We study the impact of higher bank capital buffers, namely of the Other Systemically Important Institu- tions (O …
Persistent link: https://www.econbiz.de/10012024808
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/10013277156
mix, pricing decisions, management buffers, and profit distribution along with individual bank conditions, including their …
Persistent link: https://www.econbiz.de/10014477728
analyzes the implications of the change from IAS 39 to IFRS 9 in the context of bank resilience. We shed light on two effects … bank resilience through lower capital levels. In the absence of archival data of IFRS 9 and their potential biases due to … the COVID-19 pandemic, we use the European bank stress test results as a natural experiment, in which all banks are …
Persistent link: https://www.econbiz.de/10014230334