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Persistent link: https://www.econbiz.de/10011705283
How do banks respond to changes in capital requirements as a result of the stress tests? Does the disclosure of stress test results matter? To answer these questions, we study the impact of European stress tests on banks' lending, their corresponding risk-taking, the ensuing effect on their...
Persistent link: https://www.econbiz.de/10013277156
How do banks respond to changes in capital requirements as a result of the stress tests? Does the disclosure of stress test results matter? To answer these questions, we study the impact of European stress tests on banks' lending, their corresponding risk-taking, the ensuing effect on their...
Persistent link: https://www.econbiz.de/10013403421
might be of lower credit quality than -- otherwise similar -- non-securitized loans. We assess the effect of securitization …, at issuance, banks do not select and securitize loans of lower credit quality. Following securitization, however, the …
Persistent link: https://www.econbiz.de/10011459232
Persistent link: https://www.econbiz.de/10011326742
. Macroeconomic factors also play a large role explaining the impact of securitization activity on bank lending standards: banks more … from all major trustees. - Securitization ; bank risk taking ; syndicated loans ; financial crisis …We investigate the effect of securitization activity on banks’ lending standards using evidence from pricing behavior …
Persistent link: https://www.econbiz.de/10009233425
. Macroeconomic factors also play a large role explaining the impact of securitization activity on bank lending standards: banks more … from all major trustees. - Securitization ; bank risk taking ; syndicated loans ; financial crisis …We investigate the effect of securitization activity on banks’ lending standards using evidence from pricing behavior …
Persistent link: https://www.econbiz.de/10009238013
securitization activity on loans' relative credit quality employing a uniquely detailed dataset from the euro-denominated syndicated … securitization, however, the credit quality of borrowers whose loans are securitized deteriorates by more than those in the control … detailed loan-by-loan information on loan credit quality would be useful to reap out the benefits of securitization …
Persistent link: https://www.econbiz.de/10012963923
. Macroeconomic factors also play a large role explaining the impact of securitization activity on bank lending standards: banks more …We investigate the effect of securitization activity on banks' lending standards using evidence from pricing behavior … aggressive on their loan pricing practices. This suggests that securitization activity lead to laxer credit standards …
Persistent link: https://www.econbiz.de/10013122259
. Macroeconomic factors also play a large role explaining the impact of securitization activity on bank lending standards: banks more …We investigate the effect of securitization activity on banks' lending standards using evidence from pricing behavior … aggressive on their loan pricing practices. This suggests that securitization activity lead to laxer credit standards …
Persistent link: https://www.econbiz.de/10013122538