Showing 1 - 10 of 3,516
__Abstract__ Banks play a crucial role for the financing of small and medium-sized enterprises (SMEs). SMEs represent a … obtain more credit and/or lower loan rates under relationship lending. Furthermore, bank competition makes benefits for … borrowers more likely. The second conclusion is that trade credit has limited scope to replace bank debt when the latter is …
Persistent link: https://www.econbiz.de/10011185628
We analyze the effect of counterparty risk on insurance contracts using the case of credit risk transfer in banking. In … to other, possibly unstable parties, especially in newer financial markets such as that of credit derivatives. …
Persistent link: https://www.econbiz.de/10011940750
This paper studies the problem of monitoring the monitor in a model of money and banking with aggregate uncertainty. It … money by its inherent ability to provide incentives even on the existence of multiple banks. Thus, in addition to providing … liquidity to the economy, inside money contributes to banking by eliminating the cost of monitoring the bank and improving the …
Persistent link: https://www.econbiz.de/10005051246
We analyze the effect of counterparty risk on insurance contracts using the case of credit risk transfer in banking. In … to other, possibly unstable parties, especially in newer financial markets such as that of credit derivatives. …
Persistent link: https://www.econbiz.de/10005787598
-type banks were at the center, and research emphasizing the role played by capital markets has generally been in the minority … banks and stock markets from both a quantitative and a qualitative perspective. On the quantitative side, it examines the … coverage and not from any basic changes in systems. On the qualitative side, the paper compares the roles played by banks and …
Persistent link: https://www.econbiz.de/10004971259
Persistent link: https://www.econbiz.de/10011982312
banking sector. Precisely, it is questioned whether currently employed systemic risk indicators are able to account for banks … indicators are indeed able to account for the German banking sector's heterogeneity, providing insight into different bank types … risk. Structural features of the German banking sector amplify the risk of individual institutions and thus their …
Persistent link: https://www.econbiz.de/10012117773
This Paper studies the incentives for transparency under different forms of corporate governance in a context of product market competition. This Paper endogenizes the governance and financial structure of firms and determines a strategic decision on the degree of transparency in a context of...
Persistent link: https://www.econbiz.de/10005656269
debit cards transactions increased sharply. We test the wage-banking channel of the financial program exploiting differences … fail to find effects on either access to short-term credit or expenditure or savings. …
Persistent link: https://www.econbiz.de/10014461503
banking sector. Precisely, it is questioned whether currently employed systemic risk indicators are able to account for banks … indicators are indeed able to account for the German banking sector's heterogeneity, providing insight into different bank types … risk. Structural features of the German banking sector amplify the risk of individual institutions and thus their …
Persistent link: https://www.econbiz.de/10012140464