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The banking and currency crises of the last two decades inflictedsubstantial financial, economic, and social damage on thecountries in which they originated. In this work, the efficiencyof early warning indicators for these disastrous economic eventsis evaluated. An analysis of the traditional...
Persistent link: https://www.econbiz.de/10009471830
This paper investigates whether corporate political influence affects government investment decisions. We study the efficacy of the various forms of political influence, ranging from the relatively passive connections between firms and politicians, such as those based on politicians’ voting...
Persistent link: https://www.econbiz.de/10009480986
We study the effect of government assistance on bank risk taking. Using hand-collected data on bank applications for …-level data on home mortgages and corporate loans. Our difference-indifference analysis indicates that after the bailout, bailed …
Persistent link: https://www.econbiz.de/10009482955
En este estudio se propone un análisis econométrico de la evolución del crédito bancario al sector privado con el objetivo de describir los ciclos de crédito e identificar, por ejemplo, las fases de crecimiento anormalmente bajo, como las que suelen asociarse con episodios de crisis...
Persistent link: https://www.econbiz.de/10012530337
explained by theories on signaling. So, good borrowers choose short maturities to signal their good quality to the bank and to … made to micro, small and medium enterprises (MSMEs) by one Bulgarian bank between 2003 and 2007. Chapter 3 studies the …, long-term or mortgage loans. My results also indicate that this is driven by firms’ anticipation that the bank is reluctant …
Persistent link: https://www.econbiz.de/10009476202
Situation auf dem formellen Beteiligungsmarkt in Deutschland nach dem Ausbruch der Finanzkrise. Neben den allgemeinen …
Persistent link: https://www.econbiz.de/10009449026
Auswirkungen einer Bankenkrise auf die Volkswirtschaft so gering wie möglich zu halten. …
Persistent link: https://www.econbiz.de/10009476271
bank-based financial system against a market-based one. Instead of considering the role of financial intermediaries and … the optimal allocation of resources. The design of the bailout policy plays an important role in this issue, therefore the … optimal crisis management.The analysis here addresses such issues as constructive ambiguity and forbearance in the bailout …
Persistent link: https://www.econbiz.de/10009476251
Since the start of the financial crisis, various forms of securitization have been criticized for causing the problems experienced. The amount of Asset Backed Commercial Paper outstanding fell drastically in the middle of 2007 drawing our attention to this market. Our study focuses on the use of...
Persistent link: https://www.econbiz.de/10009438964
The availability of a unique data set of financially distressed firms enabled this study to apply the dynamic capital structure adjustment model to a study of capital structure. In addition, the factors driving capital structure adjustment of financially distressed and of healthy firms were...
Persistent link: https://www.econbiz.de/10009441702