Narrow search
Showing 1 - 10 of 109
Cover Image
Risk spillovers and interconnectedness between systemically important institutions
Andrieş, Alin Marius; Ongena, Steven; Sprincean, Nicu; … - 2020 - This version: May 9, 2020
. Other systemically important institutions bear more individual market risk. The two groups and the global financial system …
Persistent link: https://www.econbiz.de/10012219367
Cover Image
Leverage Ratio and Risk-taking. Theory and Practice
Fatouh, Mahmoud; Giansante, Simone; Ongena, Steven - 2022
We assess the impact of leverage ratio (LR) requirements on risk-taking behaviour of banks theoretically, using a … regulatory framework with risk-based requirements induces banks to re-optimise, shifting from safer to riskier assets (higher … asset-risk). Yet, this shift wouldn’t be one-for-one due to risk-weight differences, meaning the shift would be associated …
Persistent link: https://www.econbiz.de/10013307362
Cover Image
Unintended consequences of the global derivatives market reform
Gandré, Pauline; Mariathasan, Mike; Merrouche, Ouarda; … - 2020
We investigate regulatory arbitrage during the G20's global derivatives market reform. Using hand-collected data on staggered reform progress, we find that banks shift their trading towards less regulated jurisdictions. The result is driven by agenda items – such as the promotion of central...
Persistent link: https://www.econbiz.de/10012179682
Cover Image
ESG and systemic risk
Aevoae, George-Marian; Andrieş, Alin Marius; Ongena, Steven - 2022
How do changes in Environmental, Social and Governance (ESG) scores influence banks’ systemic risk contribution? We … interconnectedness and maintaining financial stability. A similar relationship for banks’ exposure to systemic risk is also found. Our …
Persistent link: https://www.econbiz.de/10013169195
Cover Image
Shocks Abroad, Pain at Home? Bank-Firm Level Evidence on the International Transmission of Financial Shocks
Ongena, Steven - 2015
We study the international transmission of shocks from the banking to the real sector during the global financial crisis. For identification, we use matched bank-firm level data, covering mainly small and medium-sized firms in Eastern Europe and Turkey, and exploit the Lehman failure. We find...
Persistent link: https://www.econbiz.de/10013035354
Cover Image
Shocks Abroad, Pain at Home? Bank-Firm Level Evidence on the International Transmission of Financial Shocks
Ongena, Steven - 2013
We study the international transmission of shocks from the banking to the real sector during the global financial crisis. For identification, we use matched bank-firm level data, including many small and medium-sized firms, in Eastern Europe and Central Asia. We find that...
Persistent link: https://www.econbiz.de/10013078687
Cover Image
The countercyclical capital buffer and the composition of bank lending
Auer, Raphael A.; Matyunina, Alexandra; Ongena, Steven - 2021
Do macroprudential regulations on residential lending influence commercial lending behavior too? To answer this question, we identify the compositional changes in banks' supply of credit using the variation in their holdings of residential mortgages on which extra capital requirements were...
Persistent link: https://www.econbiz.de/10012643066
Cover Image
The impact of policy interventions on systemic risk across banks
Nistor, Simona; Ongena, Steven - 2020
What is the impact of policy interventions on the systemic risk of banks? To answer this question, we analyze a …-affected European banks between 2005 and 2014. We find a positive and significant association of 'guarantees' with systemic risk, which … different for large banks. 'Liquidity injections' are similarly positively linked with systemic risk, but the long run effect is …
Persistent link: https://www.econbiz.de/10012419677
Cover Image
The countercyclical capital buffer and the composition of bank lending
Auer, Raphael A.; Ongena, Steven - 2019
Do macroprudential regulations on residential lending influence commercial lending behavior too? To answer this question, we identify the compositional changes in banks' supply of credit using the variation in their holdings of residential mortgages on which extra capital requirements were...
Persistent link: https://www.econbiz.de/10012064522
Cover Image
The impact of policy interventions on systemic risk across banks
Nistor, Simona; Ongena, Steven - In: Journal of financial services research 64 (2023) 2, pp. 155-206
Persistent link: https://www.econbiz.de/10014380686