Showing 1 - 10 of 150
In a theoretical model of the Diamond-Dybvig style, in which deposit-taking banks and financial markets coexist, bank … findings suggest that in particular bank-dominated financial systems are prone to contagious bank runs due to asset price … buffers to weather future crises if the ex-ante crisis probability exceeds a certain threshold. Moreover, central bank …
Persistent link: https://www.econbiz.de/10010344668
Ongoing financial innovation and greater information availability increase the tradability of bank assets and reduce … banks' dependence on individual bank managers as private information in the lending process declines. In this paper we argue … bank managers and shareholders becomes less severe. Consequently, banks' capital structure needs to be less concerned with …
Persistent link: https://www.econbiz.de/10010295931
Ongoing financial innovation and greater information availability increase the tradability of bank assets and reduce … banks' dependence on individual bank managers as private information in the lending process declines. In this paper we argue … bank managers and shareholders becomes less severe. Consequently, banks' capital structure needs to be less concerned with …
Persistent link: https://www.econbiz.de/10012989289
We use a Diamond/Dybvig-based model with two banks operating in separate regions connected by a common asset market in which banks and sophisticated depositors invest. We study the effect of a potential run (crisis) and subsequent fire sales on the asset price in both the crisis and no-crisis...
Persistent link: https://www.econbiz.de/10012988724
the proprietary bank-to-bank European interbank dataset extracted from Target2 and also exploit the Lehman and sovereign …
Persistent link: https://www.econbiz.de/10011196038
the proprietary bank-to-bank European interbank dataset extracted from Target2 and also exploit the Lehman and sovereign …
Persistent link: https://www.econbiz.de/10011161234
In a theoretical model of the Diamond-Dybvig style, in which deposit-taking banks and financial markets coexist, bank … findings suggest that in particular bank-dominated financial systems are prone to contagious bank runs due to asset price … buffers to weather future crises if the ex-ante crisis probability exceeds a certain threshold. Moreover, central bank …
Persistent link: https://www.econbiz.de/10010958144
In a theoretical model of the Diamond-Dybvig style, in which deposit-taking banks and financial markets coexist, bank … findings suggest that in particular bank-dominated financial systems are prone to contagious bank runs due to asset price … buffers to weather future crises if the ex-ante crisis probability exceeds a certain threshold. Moreover, central bank …
Persistent link: https://www.econbiz.de/10010329252
Ongoing financial innovation and greater information availability increase the tradability of bank assets and reduce … banks' dependence on individual bank managers as private information in the lending process declines. In this paper we argue … bank managers and shareholders becomes less severe. Consequently, banks' capital structure needs to be less concerned with …
Persistent link: https://www.econbiz.de/10005082790
We analyze how the Lehman and sovereign crises affect international financial integration, exploiting euro-area proprietary interbank data, crisis and monetary shocks, and loan terms to the same borrower during the same day by domestic versus foreign lenders. Crisis shocks reduce the supply of...
Persistent link: https://www.econbiz.de/10012210872