Narrow search
Showing 1 - 10 of 14,149
Cover Image
All You Need Is Cash: Corporate Cash Holdings and Investment after the Global Financial Crisis
Joseph, Andreas; Kneer, Christiane; van Horen, Neeltje - 2021
Cash holdings at the onset of a financial crisis are a key determinant of investment by SMEs not only during the crisis but also during the recovery period. Cash-rich SMEs could maintain their capital stock during the global financial crisis, while cash-poor rivals reduced theirs. This gave...
Persistent link: https://www.econbiz.de/10012582116
Cover Image
Do credit lines provide reliable liquidity insurance? Evidence from commercial-paper backup lines
Amberg, Niklas - 2023
Commercial-paper backup lines account for a substantial share of undrawn loan commitments in the corporate sector, but have despite this received scant attention in the credit-line literature. In this paper, I study the liquidity-insurance properties of backup lines using a comprehensive loan-...
Persistent link: https://www.econbiz.de/10014563964
Cover Image
Contagion and Spillovers: New Insights from the Crisis
Backé, Peter; Feldkircher, Martin; Gnan, Ernest; … - 2010
On February 12, 2010, SUERF, the Oesterreichische Nationalbank and the Bankwissenschaftliche Gesellschaft continued their established tradition of jointly organised conferences. As evidenced also by the 115 conference participants, this year's subject of "Contagion and Spillovers – New...
Persistent link: https://www.econbiz.de/10011689946
Cover Image
Cross-border banking and the international transmission of financial distress during the crisis of 2007-2008
Popov, Alexander; Udell, Gregory F. - 2010
by the following types of bank financial distress: 1) low equity ratio; 2) low Tier 1 capital ratio; and 3) losses on …
Persistent link: https://www.econbiz.de/10011605249
Cover Image
Are ethical and social banks less risky? Evidence from a new dataset
Karl, Marlene - 2015
This paper introduces a new and comprehensive dataset on “alternative” banks in EU and OECD countries. Alternative banks (e.g. ethical, social or sustainable banking) experienced a recent increase in media interest and have been hailed as an answer to the financial crisis but no research...
Persistent link: https://www.econbiz.de/10011411067
Cover Image
International regulation and treatment of trade finance: What are the issues?
Auboin, Marc - 2010
The paper discusses a number of issues related to the treatment of trade credit internationally, a priori (treatment by banking regulators) and a posteriori (treatment by debtors and creditors in the case of default), which are currently of interest to the trade finance community, in particular...
Persistent link: https://www.econbiz.de/10010326770
Cover Image
Stress scenarios from the tails of historical distributions of macro-financial risk factors in Denmark
Abildgren, Kim - 2013
The paper puts the outcome during the most recent financial crisis in a historical perspective by taking a closer look at the frequency of extreme events in the economic history of Denmark, in some cases based on time series back to the late 1600s. We focus on the frequency distribution of a...
Persistent link: https://www.econbiz.de/10010464535
Cover Image
Are ethical and social banks less risky? Evidence from a new dataset
Karl, Marlene - 2015
This paper introduces a new and comprehensive dataset on 'alternative' banks in EU and OECD countries. Alternative banks (e.g. ethical, social or sustainable banking) experienced a recent increase in media interest and have been hailed as an answer to the financial crisis but no research exists...
Persistent link: https://www.econbiz.de/10011279517
Cover Image
Bank-firm relationships and the performance of non-financial firms during the financial crisis 2008-09: Microeconometric evidence from large-scale firm-level data
Abildgren, Kim; Buchholst, Birgitte Vølund; Staghøj, Jonas - 2011
the financial crisis 2008-09 was significantly higher for firms with a weak bank than for comparable firms with a sound … bank. Second, non-defaulting firms with a weak bank did not have a lower return on assets during the financial crisis 2008 …-09 than comparable firms with a sound bank. Taken together, these results may indicate the presence of heterogeneous effects …
Persistent link: https://www.econbiz.de/10010321165
Cover Image
Dynamic credit constraints: Theory and evidence from credit lines
Amberg, Niklas; Jacobson, Tor; Quadrini, Vincenzo; … - 2023
We use a comprehensive Swedish credit register to document that firms throughout the size distribution have access to fairly large and reasonably priced credit lines, but borrow relatively little from them. We rationalize this using a theoretical framework in which the expected cost of financial...
Persistent link: https://www.econbiz.de/10014564040