Showing 1 - 10 of 109
-deposit creditors. Testing the model using EU bank level data yields evidence consistent with the model, suggesting that explicit …
Persistent link: https://www.econbiz.de/10009636525
Persistent link: https://www.econbiz.de/10010516419
Persistent link: https://www.econbiz.de/10011410169
Persistent link: https://www.econbiz.de/10011410173
Persistent link: https://www.econbiz.de/10011410174
We model the impact of bank mergers on loan competition, banks' reserve holdings and aggregate liquidity. Banks compete … in liquidity risk and expected liquidity needs for each bank and for the banking system. Large mergers tend to increase … expected aggregate liquidity needs, and thus the liquidity provision by the central bank. Comparative statics suggest that a …
Persistent link: https://www.econbiz.de/10009635892
With very low unemployment, a large and stable current account surplus, low government debt and a budget in surplus, the Dutch economy was assessed initially to be relatively well prepared to weather the financial and economic crisis. In 2008, however, the negative effects of the financial...
Persistent link: https://www.econbiz.de/10009641070
The financial crisis may pose a risk as well as offer an opportunity for the European defence sector: on the one hand, it sounds plausible that shrinking budgets increase the pressure on member states to cooperate and thus overcome the EU’s problems related to capability development and...
Persistent link: https://www.econbiz.de/10011902469
Overall, household debt levels have risen sharply over the past decades in EU Member States. While certain levels of household debts can be beneficial, they can become problematic especially with a sudden, unexpected decrease of incomes or increase of expenditures. The current financial crisis...
Persistent link: https://www.econbiz.de/10011903923
Household over-indebtedness is among the causes of the current financial crisis. In turn, the crisis exacerbated both public and private debt problems. In this paper, household over-indebtedness is broadly defined as the situation where a household cannot comply with payment requirements –...
Persistent link: https://www.econbiz.de/10011903924