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We document that the deregulation of bank branching restrictions in the United States triggered a reallocation across … bank access to branching affects the sectoral specialization of output, in a manner that depends on the variance …
Persistent link: https://www.econbiz.de/10013143586
Starting in March 2023, depositor runs quickly led to the failures of Silicon Valley Bank (SVB), Signature Bank, and … First Republic Bank. In the wake of higher interest rates, uninsured depositors of these banks had lost confidence in their … supervisory capacity to deal with a large number of bank failures were they to materialize? Will regulators respond with alacrity …
Persistent link: https://www.econbiz.de/10014352647
The U.S. bank stress tests aim to improve financial system stability. However, they may also affect bank credit supply …
Persistent link: https://www.econbiz.de/10012955765
The global imbalance explanation of the financial crisis of 2007-09 suggests that demand for riskless assets from countries with current account surpluses created fragility in countries with current account deficits, most notably, in the United States. We examine this explanation by analyzing...
Persistent link: https://www.econbiz.de/10013145090
In the August of 2007, banks faced a freeze in funding liquidity from the asset-backed commercial paper (ABCP) market. We investigate how banks scrambled for liquidity in response to this freeze and its implications for the real economy. Commercial banks in the United States raised deposits and...
Persistent link: https://www.econbiz.de/10013037066
ratios- following intra- and (particularly) interstate liberalization of bank branching restrictions. This effect arises …
Persistent link: https://www.econbiz.de/10005858336
(particularly) interstate liberalization of bank branching restrictions. This effect arises primarily from convergence in the …
Persistent link: https://www.econbiz.de/10005162993
We document that the deregulation of bank branching restrictions in the United States triggered a reallocation across …. They suggest that improving bank access to branching affects the sectoral specialization (or diversification) of output, in …
Persistent link: https://www.econbiz.de/10012713156
In August of 2007, banks faced a freeze in funding liquidity from the asset-backed commercial paper (ABCP) market. We investigate how banks scrambled for liquidity in response to this freeze and its implications for corporate borrowing. Commercial banks in the United States raised deposits and...
Persistent link: https://www.econbiz.de/10009781869
We model a loop between sovereign and bank credit risk. A distressed financial sector induces government bailouts …-bailout changes in sovereign CDS explain changes in bank CDS even after controlling for aggregate and bank-level determinants of … credit spreads, confirming the sovereign-bank loop …
Persistent link: https://www.econbiz.de/10013037894