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German bank lending during emerging market crises: A bank level analysis

Heid, Frank; Nestmann, Thorsten; di Mauro, Beatrice Weder; … - 2004

This paper studies German bank lending during the Asian and Russian crises, using a bank level data set, which has been compiled from credit data at the Deutsche Bundesbank. Our aim is to gain more insight into the pattern of German bank lending during financial crises in emerging markets. We...

Persistent link: https://www.econbiz.de/10010295891

The threat of systemic risk in banking: evidence for Europe

Schüler, Martin - 2002

This paper attempts to answer the question whether the threat of systemic risk in banking exists only on a national or …

Persistent link: https://www.econbiz.de/10010298100

More or less aggressive? Robust monetary policy in a New Keynesian model with financial distress

Gerke, Rafael; Hammermann, Felix; Lewis, Vivien - 2009

This paper investigates the optimal monetary policy response to a shock to collateral when policymakers act under discretion and face model uncertainty. The analysis is based on a New Keynesian model where banks supply loans to transaction constrained consumers. Our results confirm the...

Persistent link: https://www.econbiz.de/10010298839

A tale of two debt crises: a stochastic optimal control analysis

Stein, Jerome L. - In: Economics: The Open-Access, Open-Assessment E-Journal 4 (2010) 2010-3, pp. 1-24

Creditors, banks and bank regulators should evaluate whether a borrower is likely to default. I apply several techniques in the extensive mathematical literature of stochastic optimal control/dynamic programming to derive an optimal debt in an environment where there are risks on both the asset...

Persistent link: https://www.econbiz.de/10010299829

The threat of systemic risk in banking - evidence for Europe

Schüler, Martin - 2002

This paper attempts to answer the question whether the threat of systemic risk in banking exists only on a national or …

Persistent link: https://www.econbiz.de/10010301767

Instabile Finanzmärkte

Franke, Günter; Krahnen, Jan Pieter - 2009

Die Vorstellung selbst-stabilisierender, zum Gleichgewicht tendierender Finanzmärkte, lange Zeit als Selbstverständlichkeit angesehen, ist durch die aktuelle Banken- und Kreditkrise in Frage gestellt. Trotz ausgefeilten Risikomanagements der Banken und einer an Basel II orientierten Aufsicht...

Persistent link: https://www.econbiz.de/10010303746

The Transatlantic Banking Crisis: Lessons and EU Reforms

Welfens, Paul J. J. - 2009

The key dynamics of the transatlantic banking crisis are analyzed - with emphasis on the fact that the banking disaster …/OECD banking sector are highlighted. Most important, however, is the introduction of a new tax regime designed to encourage bankers …

Persistent link: https://www.econbiz.de/10010331377

A tale of two debt crises: a stochastic optimal control analysis

Stein, Jerome L. - 2008

Banks should evaluate whether a borrower is likely to default. I apply several techniques in the extensive mathematical literature of stochastic optimal control/dynamic programming to derive an optimal debt in an environment where there are risks on both the asset and liabilities sides. The...

Persistent link: https://www.econbiz.de/10010264305

Crisis? What crisis? Currency vs. banking in the Financial Crisis of 1931

Ritschl, Albrecht; Sarferaz, Samad - 2010

This paper examines the role of currency and banking in the German financial crisis of 1931 for both Germany and the U … banking channel. Banking distress in both economies was apparently not endogenous to monetary policy. Results confirm Bernanke …

Persistent link: https://www.econbiz.de/10010270717

How resilient is the German banking system to macroeconomic shocks?

Dovern, Jonas; Meier, Carsten-Patrick; Vilsmeier, Johannes - 2008

Macro-stress testing studies often rely on rather short sample periods due to the limited availability of banking data …. They may fail to appropriately account for the cyclicality in the interaction between the banking system and macroeconomic … to model the interaction between the banking sector and the macroeconomy. Our identified-VAR analysis indicates that the …

Persistent link: https://www.econbiz.de/10010273175