and Freie Universitaet Berlin shows that the overall amount borrowed by firms decreases if their relationship banks reduce … distress spills over to the real economy. However, the reduction in investment is smaller than the reduction in banks' credit …

and Freie Universitaet Berlin shows that the overall amount borrowed by firms decreases if their relationship banks reduce … distress spills over to the real economy. However, the reduction in investment is smaller than the reduction in banks' credit …

whether banks are sufficiently resilient to stress effects, which can arise if the economy suffers an unexpected downturn, for … example. This might coincide with system-wide deleveraging if banks are insufficiently resilient. Systemwide deleveraging, in … take multiple first-round scenarios into account. The sequence comprises (i) the loss-absorbing capacity of banks in the …

In Germany banks play a major role in finance. In tranquil times the German banking sector was known as stable but low … known. Meanwhile it became clear that single banks have the potential to destabilize the whole sector. Banking crises and … the following re-stabilization of banks by state intervention are extremely expensive. Against the background of …