Narrow search
Showing 1 - 10 of 268
Cover Image
A dynamic model of bank behaviour under multiple regulatory constraints
Behn, Markus; Daminato, Claudio; Salleo, Carmelo - 2019
We develop a dynamic structural model of bank behaviour that provides a microeconomic foundation for bank capital and …
Persistent link: https://www.econbiz.de/10011975498
Cover Image
The determinants of bank capital structure
Gropp, Reint; Heider, Florian - 2009
deposits towards non-deposit liabilities. We find that unobserved timeinvariant bank fixed effects are ultimately the most … important determinant of banks' capital structures and that banks' leverage converges to bank specific, time invariant targets …. -- Bank capital ; capital regulation ; capital structure ; leverage …
Persistent link: https://www.econbiz.de/10003963775
Cover Image
The impact of financial position on investment : an anlysis for non-financial corporations in the euro area
Martínez-Carrascal, Carmen (contributor);  … - 2008
This paper analyses the impact that firms' financial position has on investment decisions using panel data from a large sample of non-financial corporations (around 120,000 firms) in six euro area countries (Belgium, Germany, France, Italy, the Netherlands and Spain). The results indicate that...
Persistent link: https://www.econbiz.de/10003790950
Cover Image
Financing obstacles and growth : an analysis for euro area non-financial corporations
Coluzzi, Chiara; Ferrando, Annalisa; … - 2009
This paper investigates whether financial obstacles, and, more generally, financial pressure faced by firms, significantly affect firm growth. For this purpose, we use an unbalanced panel of about 1,000,000 observations for around 155,000 non-financial corporations in five euro area countries....
Persistent link: https://www.econbiz.de/10003826608
Cover Image
Corporate debt and investment : a firm level analysis for stressed euro area countries
Gebauer, Stefan; Setzer, Ralph; Westphal, Andreas - 2017
smaller firms or when profitability is low. …
Persistent link: https://www.econbiz.de/10011719911
Cover Image
Medium-term investment responses to activity shocks : the role of corporate debt
Barrela, Rodrigo; López-García, Paloma; Setzer, Ralph - 2022
This paper analyses the implications of corporate indebtedness for investment following large economic shocks. The empirical analysis is based on a large Orbis-iBACH firm-level data set for euro area countries from 2005 to 2018. Our results suggest that investment of high-debt firms is...
Persistent link: https://www.econbiz.de/10013448723
Cover Image
Bank business models at zero interest rates
Lucas, André; Schaumburg, Julia; Schwaab, Bernd - 2017
We propose a novel observation-driven finite mixture model for the study of banking data. The model accommodates time-varying component means and covariance matrices, normal and Student's t distributed mixtures, and economic determinants of time-varying parameters. Monte Carlo experiments...
Persistent link: https://www.econbiz.de/10011668141
Cover Image
Dynamic clustering of multivariate panel data
João, Igor Custodio; Lucas, André; Schaumburg, Julia; … - 2021
explained by differences in bank profitability, suggesting that low interest rates can lead to long-lasting changes in financial …
Persistent link: https://www.econbiz.de/10012594269
Cover Image
The nonlinear effects of banks' vulnerability to capital depletion in euro area countries
Davidson, Sharada Nia; Moccero, Diego Nicolas - 2024
are typically associated with low bank margins and profitability, also lead to a larger decline in lending. De-risking is … either assume that the effects of bank capital shocks are linear or ignore feedback effects and the impact on the …
Persistent link: https://www.econbiz.de/10014490448
Cover Image
Credit constraints, firm investment and growth : evidence from survey data
García-Posada, Miguel - 2018
and instrumental variables. Our findings suggest that credit constraints, both in bank financing and other financing (e …
Persistent link: https://www.econbiz.de/10011792068