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We investigate whether saving Wall Street through the Troubled Assets Relief Program (TARP) really saved Main Street during the recent financial crisis. Our difference-in-difference analysis suggests that TARP statistically and economically significantly increased net job creation and net hiring...
Persistent link: https://www.econbiz.de/10013006410
Theoretical foundations in banks' response to capital settlement suggest that the systems proposed by Basel are not … performs a PCA analysis on a set of 13 financial ratios to exploit and compare the financial characteristics of 239 banks (175 … Conventional and 64 Islamic commercial banks) in the MENA region over a 2004-2015 period. This gives the main indices EXIGCP …
Persistent link: https://www.econbiz.de/10013365505
Developments in information technology are fundamentally changing many traditional business models. Progress in the IT area is bringing about one change in particular: it is reducing search costs and allowing buyers and sellers of products and services to find each other directly on web-based...
Persistent link: https://www.econbiz.de/10010532619
find that the introduction of free banking laws stimulated the creation of new banks and led to more bank failures. Our …
Persistent link: https://www.econbiz.de/10010227307
regulatory equity and the increasing reliance on banks’ internal risk models for the determination of risk weights. The first …
Persistent link: https://www.econbiz.de/10010256881
of this paper is that when the efficient pricing hypothesis is imposed in the form of an average cost pricing rule, banks … will maximally differentiate their product. However, high quality-type banks benefit from increased market power, while low … quality-type banks could benefit from either increased market share, or increased market power …
Persistent link: https://www.econbiz.de/10013141057
This paper evaluates the incentives that banks have to herd. It includes a complete literature review of papers from … the last fifteen years, and a model of several banks and infinite time periods. The literature review looks at recent … policy that reduces the costs of over-investment increases the incentives of banks to herd …
Persistent link: https://www.econbiz.de/10013113747
. Poor lending decisions allowed banks to transfer risk to the fund, resulting in their capturing returns on performing loans …, activity, and leverage were collected on the largest seven national banks, which control 87% of the capital in the banking …
Persistent link: https://www.econbiz.de/10013113793
The paper provides the IMF staff views on policy options to mitigate the risks posed by institutions perceived as too-important-to-fail (“TITF"). These institutions have become bigger and more complex since the crisis, and risky practices have started to reappear. The paper emphasizes the need...
Persistent link: https://www.econbiz.de/10013124367
curtailed credit supply, particularly at less-well capitalized banks. Second, such negative impact was larger for countries … significantly smaller for foreign-owned banks, suggesting that opening up to foreign investors may be an effective way to partly … shield the domestic banking sector from negative shocks. Overall, CAR enforcement — by inducing banks to reduce their lending …
Persistent link: https://www.econbiz.de/10013124730