Showing 1 - 10 of 79
We present a life cycle view of how systemic risks build during a boom, are realized during the following crisis, and are addressed in the aftermath. We also offer potential explanations of the seemingly irrational behavior by private-sector agents and policy makers. We show how the model...
Persistent link: https://www.econbiz.de/10013306654
Persistent link: https://www.econbiz.de/10012224330
Persistent link: https://www.econbiz.de/10011729380
Persistent link: https://www.econbiz.de/10014445463
We examine the impact of economic policy uncertainty (EPU) on bank liquidity hoarding. We create a comprehensive measure of bank liquidity hoarding that takes into account asset-, liability-, and off-balance sheet activities. Using over one million bank-quarter observations, we find that in...
Persistent link: https://www.econbiz.de/10012853824
Conventional wisdom in banking argues that diversification tends to reduce bank risk and improve performance, but the … recent financial crisis suggests that aggressive diversification strategies may have resulted in increased risk taking and … diversification strategies and the risk-return tradeoff in banking. Our data set covers Russian banks during the 1999-2006 period and …
Persistent link: https://www.econbiz.de/10013139765
Persistent link: https://www.econbiz.de/10013184659
Persistent link: https://www.econbiz.de/10011479054
Persistent link: https://www.econbiz.de/10011481645
Persistent link: https://www.econbiz.de/10011484548