Showing 1 - 10 of 6,614
The banking literature concludes that the performance of client firms deteriorates if their distressed main bank … other banks, such that if a client firm changes its main bank, its access to credit worsens. Using Japanese data from a … period including financial shocks, we show that firms change the main banking relationship when their main bank becomes …
Persistent link: https://www.econbiz.de/10009397180
We model an economy in which domestic banks and firms face incentive constraints, as in Holmstrom and Tirole (1997). Firms borrow from banks and uninformed investors, and can collude with banks to reduce the intensity of monitoring. We study the general equilibrium effects of capital flows...
Persistent link: https://www.econbiz.de/10005248244
In this paper a simple optimizing model is developed to analyze the implications of a banking crisis. Banks are incorporated by assuming that they intermediate funds between firms and households. It is shown that when depositors perceive the quality of deposits to have deteriorated, they switch...
Persistent link: https://www.econbiz.de/10005769311
We use data on 1,294 banks in Central and Eastern Europe to analyze how bank ownership and creditor coordination in the …
Persistent link: https://www.econbiz.de/10011242213
collateral. This latter finding suggests that the information provided by MGIs turned out to be key for bank-firm relations as …
Persistent link: https://www.econbiz.de/10008837880
the crisis this large bank used soft information to shift its loan supply toward borrowers with lower ex ante asymmetries …
Persistent link: https://www.econbiz.de/10010561559
recommendations of the 2004 FSAP. Many improvements have been made to bank and securities supervision. The banking sector as a whole …
Persistent link: https://www.econbiz.de/10011244277
The Hong Kong Special Administrative Region (SAR)'s healthy labor market and supportive fiscal policy helped its domestic economy's resilience, while its gross domestic product (GDP) growth was marginally slow owing to its weak external environment. Its fiscal policy has been effective in...
Persistent link: https://www.econbiz.de/10011244791
discipline bank behavior. By controlling for a more comprehensive set of risk/return factors, the study improves upon …
Persistent link: https://www.econbiz.de/10005825773
A rapidly growing empirical literature is studying the causes and consequences of bank fragility in present …
Persistent link: https://www.econbiz.de/10005826068