Showing 1 - 10 of 5,149
We explore the global footprint of Chinese banks and compare it with that of other bank nationalities. Chinese banks have become the largest cross-border creditors for almost half of all emerging market and developing economies (EMDEs). Their global reach resembles that of banks from advanced...
Persistent link: https://www.econbiz.de/10013252034
We show that since 1994, branching deregulations in the U.S have signi…cantly af-fected the supply of mortgage credit, and ultimately house prices. With deregulation,the number and volume of originated mortgage loans increase, while denial rates fall.But the deregulation has no effect on a...
Persistent link: https://www.econbiz.de/10009522189
We explore the observable characteristics of sustainable banks, using a hand-collected dataset comprising of all public US bank holding companies, for the period 1999-2011. Our results indicate that sustainable banks are characterized by superior performance, more prudent behavior and a business...
Persistent link: https://www.econbiz.de/10013015352
We study how financial system architecture evolves through the development of banks and financial markets. The predominant existing view is that banks and markets compete, which often contradicts actual patterns of development. We show that banks and markets exhibit three forms of interaction:...
Persistent link: https://www.econbiz.de/10013151029
Against the background of the great financial crisis, this paper assesses the merits of bank-based versus market-based financing by exploring the relationship between financial structure and systemic risk. The findings indicate that bank-based financial structures are associated with higher...
Persistent link: https://www.econbiz.de/10012853274
, leads to the creation of “zombie” firms in the Japanese banking crisis of 1997-2003. Capital weak banks bankrupt large …
Persistent link: https://www.econbiz.de/10013128467
We analyze how bank management sentiment affects liquidity hoarding. Our newly-created sentiment measure derives bank … liquidity beyond what is warranted by their own conditions and external circumstances faced. Our results also suggest that this …
Persistent link: https://www.econbiz.de/10012835721
investigates the impact of the projected shock on banking sector liquidity at a country level. The study encompasses 112 countries … affected nations experiencing a drop in their liquid asset ratios that would place their banking sector at significant … liquidity risk …
Persistent link: https://www.econbiz.de/10013217693
Liquidity is very important for the functioning of financial markets, especially for the banking sector, because one of … the critical aspects in the banking business is precisely the process of transforming short-term funds and placing them in … the medium and long term. This paper aims to comprehensively assess the liquidity positions of Portuguese and Spanish …
Persistent link: https://www.econbiz.de/10013173817
The number of firm bankruptcies is surprisingly low in economies with poor institutions. We study a model of bank-firm relationship and show that the bank's decision to liquidate bad firms has two opposing effects. First, the bank gets a payoff if a firm is liquidated. Second, it loses the rent...
Persistent link: https://www.econbiz.de/10010440454