This paper uses data from a panel of more than 400 Italian banks for the period 2001 - 2012 to examine the main …, signalling) or non-discretionary (related to the business cycle). The results suggest that LLP in Italian banks is driven mainly … local banks: since their loans are more collateralised, their behaviour is more strongly affected by supervisory activity …

This paper uses data from a panel of more than 400 Italian banks for the period 2001 – 2012 to examine the main …,signalling) or non-discretionary (related to the business cycle). The results suggest that LLP in Italian banks is driven mainly by … local banks: since their loans are more collateralised, their behaviour is more strongly affected by supervisory activity …

account both bond and issuing bank’s characteristics, and also considers the role of country−specific CoCo bond market …−to−book ratio and total regulatory capital to risk−weighted asset ratio. Further, sizeable responses to CoCo bond and issuing bank’s …

This paper uses data from a panel of more than 400 Italian banks for the period 2001 - 2012 to examine the main …,signalling) or non-discretionary (related to the business cycle). The results suggest that LLP in Italian banks is driven mainly by … local banks: since their loans are more collateralised, their behaviour is more strongly affected by supervisory activity …

This paper uses data from a panel of more than 400 Italian banks for the period 2001 - 2012 to examine the main …, signalling) or non-discretionary (related to the business cycle). The results suggest that LLP in Italian banks is driven mainly … local banks: since their loans are more collateralised, their behaviour is more strongly affected by supervisory activity …

taking into account both bond and issuing banks' characteristics; it also provides evidence on the role of country … percentiles. Globally, buyers are most responsive to CoCo bonds with higher coupon rates issued by banks with a higher valuation …

This paper uses data from a panel of more than 400 Italian banks for the period 2001-2012 to examine the main …, signalling) or non-discretionary (related to the business cycle). The results suggest that LLP in Italian banks is driven mainly … local banks: since their loans are more collateralised, their behaviour is more strongly affected by supervisory activity …

This paper uses data from a panel of more than 400 Italian banks for the period 2001-2012 to examine the main …, signalling) or non-discretionary (related to the business cycle). The results suggest that LLP in Italian banks is driven mainly … local banks: since their loans are more collateralised, their behaviour is more strongly affected by supervisory activity …

−to−book ratio and total regulatory capital to risk−weighted asset ratio. Further, sizeable responses to CoCo bond and issuing bank’s …

This paper uses data from a panel of more than 400 Italian banks for the period 2001 – 2012 to examine the main …,signalling) or non-discretionary (related to the business cycle). The results suggest that LLP in Italian banks is driven mainly by … local banks: since their loans are more collateralised, their behaviour is more strongly affected by supervisory activity …