We analyse the ftnancial forecasts small and medium-sized German banks provided in several waves of a quantitative … survey, called LIRES, and compare them with the results the banks actually realized. Based on this unique data set, we ftnd ….e. banks whose predictions are more accurate tend to have a higher return on assets. Looking at the forecasts made just before …

We analyse the ftnancial forecasts small and medium-sized German banks provided in several waves of a quantitative … survey, called LIRES, and compare them with the results the banks actually realized. Based on this unique data set, we ftnd ….e. banks whose predictions are more accurate tend to have a higher return on assets. Looking at the forecasts made just before …

We analyze the dynamics of banks' regulatory capital ratios. Using monthly data of regulatory capital ratios for a … subset of large German banks, we estimate the target level and the adjustment speed of the capital ratio for each bank … separately. We find evidence that, first, there exists a target level for a substantial percentage of banks; second, that private …

changed how banks manage their assets and liabilities. In this document we show that, for all three sectors of German … universal banks (private commercial banks, savings banks, and cooperative banks), asset-liability dependency declined over the … period 1994-2007, the decline was strongest for those banks that use more than sector-average amounts of derivatives. Only in …

, there has been the impression that relationship lending loses ground due to a change of the banks' business models, which …

changed how banks manage their assets and liabilities. In this document we show that, for all three sectors of German … universal banks (private commercial banks, savings banks, and cooperative banks), asset-liability dependency declined over the … period 1994-2007, the decline was strongest for those banks that use more than sector-average amounts of derivatives. Only in …

, there has been the impression that relationship lending loses ground due to a change of the banks' business models, which …

We analyze the dynamics of banks' regulatory capital ratios. Using monthly regulatory data of large German banks, we … for a substantial percentage of banks. Unlike with panel regressions, we can estimate individual adjustment speeds and … find large variation across banks. Adjustments on the liability side are most effective, although adjustment rates on the …

. The analysis is based on unique micro data comprising firms' balance sheet data and their lending relationships with banks …