Narrow search
Showing 1 - 10 of 184
Cover Image
Systemic Risk and Heavy Tails : The Case of Banks’ Loan Portfolio
Agarwal, Sumit - 2011
findings, based on simulated data that reproduce a bank's mean PD and LGD values. The findings do show that the Pareto …
Persistent link: https://www.econbiz.de/10013128402
Cover Image
Bank stress test results and their impact on consumer credit markets
Agarwal, Sumit; An, Xudong; Cordell, Larry; Roman, Raluca A. - 2020
Persistent link: https://www.econbiz.de/10012372949
Cover Image
Bank Stress Test Results and Their Impact on Consumer Credit Markets
Agarwal, Sumit; An, Xudong; Cordell, Larry; Roman, Raluca A. - 2020
Using Federal Reserve (Fed) confidential stress test data, we exploit the gap between the Fed and bank capital …
Persistent link: https://www.econbiz.de/10014048801
Cover Image
Did the Community Reinvestment Act (CRA) Lead to Risky Lending?
Agarwal, Sumit - 2015
Yes, it did. We use exogenous variation in banks' incentives to conform to the standards of the Community Reinvestment Act (CRA) around regulatory exam dates to trace out the effect of the CRA on lending activity. Our empirical strategy compares lending behavior of banks undergoing CRA exams...
Persistent link: https://www.econbiz.de/10013036301
Cover Image
Bank Stress Test Results and Their Impact on Consumer Credit Markets
Agarwal, Sumit - 2020
Using Federal Reserve (Fed) confidential stress test data, we exploit the gap between the Fed and bank capital …
Persistent link: https://www.econbiz.de/10012827732
Cover Image
Owe a Bank Millions, the Bank Has a Problem : Credit Concentration in Bad Times
Agarwal, Sumit; Correa, Ricardo; Morais, Bernardo; … - 2020
How does a bank react when a substantial share of its borrowers suffer a large negative shock? To answer this question … we exploit the 2014 collapse of energy prices using the universe of Mexican commercial bank loans. We show that, after …, relaxing credit margins to their larger debtors in the sector. An increase of one standard deviation in a bank's ex …
Persistent link: https://www.econbiz.de/10014352283
Cover Image
Do consumers choose the right credit contracts?
Agarwal, Sumit; Chomsisengphet, Souphala; Liu, Chunlin; … - 2005
financial decisions. We utilize a unique market experiment conducted by a large U.S. bank to assess how systematic and costly … such mistakes are in practice. The bank offered consumers a choice between two credit card contracts, one with an annual …
Persistent link: https://www.econbiz.de/10010298314
Cover Image
Why do borrowers make mortgage refinancing mistakes?
Agarwal, Sumit; Rosen, Richard J.; Yao, Vincent - 2013
Refinancing a mortgage is often one of the biggest and most important financial decisions that people make. Borrowers need to choose the interest rate differential at which to refinance and, when that differential is reached, they need to take the steps to refinance before rates change again....
Persistent link: https://www.econbiz.de/10010352189
Cover Image
Do consumers choose the right credit contracts?
Agarwal, Sumit; Chomsisengphet, Souphala; Liu, Chunlin; … - Center for Financial Studies - 2005
financial decisions. We utilize a unique market experiment conducted by a large U.S. bank to assess how systematic and costly … such mistakes are in practice. The bank offered consumers a choice between two credit card contracts, one with an annual …
Persistent link: https://www.econbiz.de/10010958552
Cover Image
Do Consumers Choose the Right Credit Contracts?
Agarwal, Sumit; Chomsisengphet, Souphala; Liu, Chunlin; … - Center for Financial Studies - 2005
financial decisions. We utilize a unique market experiment conducted by a large U.S. bank to assess how systematic and costly … such mistakes are in practice. The bank offered consumers a choice between two credit card contracts, one with an annual …
Persistent link: https://www.econbiz.de/10005022421