Developments in risk-transfer instruments and risk management techniques in the last two decades have fundamentally … profitability matters for the asset-liability dependency but not in the same way for all three sectors. Asset-liability dependency …

-offs and write-downs, we examine the impact of loan portfolio sector concentration on credit risk. By controlling for common … risk factors, we separate the bank-specific selection and monitoring abilities from the composition of the loan portfolio …

-offs and write-downs, we examine the impact of loan portfolio sector concentration on credit risk. By controlling for common … risk factors, we separate the bank-specific selection and monitoring abilities from the composition of the loan portfolio …

study for the German market to shed light on the question whether or not the benefits of risk sharing outweigh those of … specialization. We use data from the Bundesbank's quarterly borrowers statistic to determine the degree of diversification in the …

study for the German market to shed light on the question whether or not the benefits of risk sharing outweigh those of … specialization. We use data from the Bundesbank's quarterly borrowers statistic to determine the degree of diversification in the …

-balance risk. (iii) When risk-taking becomes more lucrative, banks tend to increase their on-balance exposure. This effect is more …

-balance risk. (iii) When risk-taking becomes more lucrative, banks tend to increase their on-balance exposure. This effect is more …

short run. Using a time series of more than 40 years for the German banking system, we show that the opposite effect exists …

Using unique data of a survey among small and medium-sized German banks, we analyze various aspects of risk management … rate risk and to credit risk are remunerated, that banks' try to stabilize the mid-term net interest margin with exposure … to interest rate risk and that they act as if they have a risk budget which they allocate either to interest rate risk or …