The theory and empirical research of discrimination and credit rationing indicates that certain socio-demographic borrower groups are more likely to be financially constrained than others. In Germany, especially in the mortgage market, empirical evidence for this issue is scarce because of...

Diese Arbeit beschäftigt sich mit den quantitativen Auswirkungen des demographischen Wandels auf die zukünftige Ertragslage der deutschen Sparkassen. Hierzu wird ein mikroökonometrisch fundiertes Simulationsmodell genutzt, in das neben offiziellen Bevölkerungsprognosen ein neuartiger,...

We analyze how aging populations might affect the stability of banking systems through changes in the balance sheets and risk preferences of banks over the period 2000-2022. While the anticipated decline in maturity transformation due to aging hints at a possible reduction in risk exposure, an...

Using 288 cities in China from 2000 to 2018, we show that a one-standard-deviation increase in bank concentration is associated with 7.9% lower population growth relative to the mean. This effect holds robust after controlling for city characteristics. Cities with higher bank concentration have...

This paper examines the relationship between changes in the financial sector and the increasing inequality in Germany. For this, first an overview about the development of the main inequality indicators for Germany is given, which show inequality has been rising since the 1980s. Thereafter, the...