securitization activity, weak supervision for bank capital and too low for too long monetary policy rates. Conversely, low long …Using a unique dataset of the Euro area and the U.S. bank lending standards, we find that low (monetary policy) short …

. 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 … on the syndicated loan market. We find that banks more active at originating asset-backed securities are also more …

Traditionally banks have used securitization for expanding credit and thus their profitability. It has been well …-rated tranche. This paper builds a simple model of securitization that accounts for the above retention strategies. Banks in the … documented that, at least before the 2008 crisis, many banks were keeping a high proportion of the securities that they created …

to commercial banks. During the crisis, however, the Federal Reserve created a number of facilities to support brokers … banks to nonbank financial institutions. In a specialized financial system, which the GSA had helped create, the use of the … lender-of-last-resort safety net could be more comfortably limited to commercial banks. However, the elimination of GSA …

banks' dependence on individual bank managers as private information in the lending process declines. In this paper we argue … bank managers and shareholders becomes less severe. Consequently, banks' capital structure needs to be less concerned with … marketability of bank assets allows banks to adopt a safer capital structure, the default risk of banks does not necessarily decline. …

factor. The pull factor captures flows of bank loans to the domestic non-financial private sector. An increase in these flows … of claims of domestic banks on debtors in other euro-area countries, and an increase is expected to lead to higher … less clear-cut. The paper also shows that variations in the flows of bank loans to the non-financial private sector (i …

I address the following issue in this paper: how does information sharing among banks about borrowers affect banks … sharing among banks reduces lenders' risk and results in lower lending rates than any other arrangement. This may be the … rates than any other form of information sharing under fairly general conditions. Despite its lucrative features, banks are …

Central Bank (ECB), seeks to harness private financial markets and instruments to provide the public policy good of … knowledge and expertise, established securitization and market-based finance as solutions to EMU's governance problems. …

worldwide political institutions to approve a more rigorous regulation on financial institutions and predict financial crises … theoretical models and a survey of institutions involved in securitization. With the conclusions of this analysis we evaluate the … EU regulation on credit rating agencies and current Basel II enhancements. Finally we can determine that most regulatory …