Showing 1 - 10 of 352
stakes or institutional holdings. We investigate the effects of these bank-firm governance links on the global syndicated … the endogeneity of the bank-firm governance link. Our findings suggest that the benefits of bank involvement in firms …
Persistent link: https://www.econbiz.de/10003867057
This paper addresses the trade-off between additional loss-absorbing capacity and potentially higher bank risk …
Persistent link: https://www.econbiz.de/10011662963
framework were more likely to require public support during the crisis. We instrument some characteristics of bank balance … sheets with these prudential indicators to investigate how they affect bank resilience. The share of non-interest income …
Persistent link: https://www.econbiz.de/10012009213
We analyse the impact of standard and non-standard monetary policy measures on bank profitability. For empirical … identification, the analysis focuses on the euro area, thereby exploiting substantial bank and country heterogeneity within a … monetary union where the central bank has implemented a broad range of unconventional policies, including quantitative easing …
Persistent link: https://www.econbiz.de/10011732734
Bank market power, both in the loan and deposit market, has important implications for credit provision and for … identifies relevant channels that deserve further analysis, especially given the rising importance of bank market power for …
Persistent link: https://www.econbiz.de/10014484222
We assess the impact on bank bond holdings of regulatory changes in the requirements for bail-inable liabilities …) induced banks to increase their holdings of eligible bank bonds, especially if issued by other banks. The requirement for own … debt issued by global systemically important banks. Finally, we find evidence of increased within-country bank …
Persistent link: https://www.econbiz.de/10013485858
We build a three-period model to investigate market failures in the market-based financial system. Institutional investors (IIs), such as insurance companies and pension funds, have liabilities offering guaranteed returns and operate under a risk-sensitive solvency constraint. They seek to...
Persistent link: https://www.econbiz.de/10012511085
. Results using firm(-bank) fixed effects and loan volume versus price information suggest a credit supply-driven mechanism …
Persistent link: https://www.econbiz.de/10014490453
We analyze jointly optimal carbon pricing and leverage regulation in a model with financial constraints and endogenous climate-related transition and physical risks. The socially optimal emissions tax is below the Pigouvian benchmark (equal to the direct social cost of emissions) when emissions...
Persistent link: https://www.econbiz.de/10014315161
-country bank-level data we find that after a tightening of household-specific macroprudential policy during a credit expansion … unexpected policy tightening. Further evidence from bank lending standards surveys suggests that the leakage effects are stronger …
Persistent link: https://www.econbiz.de/10013553461