Showing 1 - 10 of 301
We assess the relationship between finance and growth over the period 1980-2014. We estimate a cross-country growth regression for 48 countries during 20 periods of 15 years starting in 1980 (to 1995) and ending in 1999 (to 2014). We use OLS and IV estimations and we find that: 1) overall...
Persistent link: https://www.econbiz.de/10011918936
We assess the relationship between finance and growth over the period 1980-2014. We estimate a cross-country growth regression for 48 countries during 20 periods of 15 years starting in 1980 (to 1995) and ending in 1999 (to 2014). We use OLS and IV estimations and we find that: 1) overall...
Persistent link: https://www.econbiz.de/10012908835
What is the impact of stress tests on bank stock prices? To answer this question we study the impact of the publication … model. Second, we study whether both returns and volatility of bank stock prices changes upon the disclosure of stress tests … stress tests provides new information to markets. Banks performing poorly in stress tests experience, on average, a reduction …
Persistent link: https://www.econbiz.de/10013342212
forbearance on distressed banks during the crisis, there is less restructuring in the real sector and the banking sector remains … forbearance is greater for state-chartered banks and in regions with weaker banking competition and more independent banks, while … recapitalisation of distressed banks through TARP does not facilitate cleansing. …
Persistent link: https://www.econbiz.de/10012242672
the existence of a potent global bank lending channel. In response to changes in U.S. monetary conditions, U.S. banks …We examine how U.S. monetary policy affects the international activities of U.S. Banks. We access a rarely studied US … bank-level dataset to assess at a quarterly frequency how changes in the U.S. Federal funds rate (before the crisis) and …
Persistent link: https://www.econbiz.de/10011336667
We assess the relationship between finance and growth over the period 1980-2014. We estimate a cross-country growth regression for 48 countries during 20 periods of 15 years starting in 1980 (to 1995) and ending in 1999 (to 2014). We use OLS and IV estimations and we find that: 1) overall...
Persistent link: https://www.econbiz.de/10011920142
This paper provides evidence on how the new international regulation on Global Systemically Important Banks (G …-SIBs) impacts the market value of large banks. We analyze the stock price reactions for the 300 largest banks from 52 countries … value of the newly regulated banks, yet that the official designation of banks as “globally systemically important” itself …
Persistent link: https://www.econbiz.de/10010412297
We study the impact of higher capital requirements on banks' balance sheets and its transmission to the real economy … higher capital requirements using a difference-in-differences matching estimator. We find that treated banks increase their … credit supply results in lower firm-, investment-, and sales growth for firms which obtain a larger share of their bank …
Persistent link: https://www.econbiz.de/10011570578
Is bank- versus market-based financing different in its attitudes towards Environmental, Social, and Governance (ESG … financing outcomes. We find that companies with higher ESG risk borrow less from banks than from markets, potentially to avoid … bank monitoring and scrutiny. The Social and Governance components, in particular, matter. Furthermore, firms suffering …
Persistent link: https://www.econbiz.de/10013169151
Is bank- versus market-based financing different in its attitudes towards Environmental, Social, and Governance (ESG … financing outcomes. We find that companies with higher ESG risk borrow less from banks than from markets, potentially to avoid … bank monitoring and scrutiny. The Social and Governance components, in particular, matter. Furthermore, firms suffering …
Persistent link: https://www.econbiz.de/10013185205