Narrow search
Showing 1 - 10 of 1,550
Cover Image
When Prosperity Merges into Crisis : The Decline and Fall of Ohio Life, Political Economy of Bank Suspension, and the Panic of 1857
Riddiough, Timothy J. - 2016
The historical record has remained incomplete as to exactly why the Ohio Life failed on August 24, 1857 and what, if any, causal connection existed between the failure and the subsequent panic. Using new information sources, we make three main contributions to the literature. First, we conduct a...
Persistent link: https://www.econbiz.de/10012977135
Cover Image
Banking Regulation and Supervision, and the Output Cost of Systemic Banking Crises in Developed and Emerging Countries
Guerry, Nicolas - 2014
Recessions associated with banking crises are deeper and longer than other recessions. While banking crises are often believed to reflect defects in regulation and supervision, regulatory and supervisory frameworks may also determine the shape of subsequent recoveries. Combining new databases...
Persistent link: https://www.econbiz.de/10013063328
Cover Image
Troubling times for the commercial banker : exploring the recent wave of failures
Hendickson, Jill M.; Nichols, Mark W. - In: Journal of applied finance & banking 1 (2011) 4, pp. 1-37
. Contrary to popular perception, we do not find evidence that mortgage-backed securities or the performance of real estate loans … ; financial crisis ; mortgage crisis …
Persistent link: https://www.econbiz.de/10009539403
Cover Image
Resolving a Non-Performing Loan Crisis : The Ongoing Case of the Irish Mortgage Market
McCann, Fergal - 2021
resolution of the mortgage arrears crisis in Ireland. Using a large and close to exhaustive panel data set of Irish mortgages … legacy effects of the crisis in explaining recent entry to arrears, the role of mortgage modification in the reduction in … Irish mortgage market …
Persistent link: https://www.econbiz.de/10013248981
Cover Image
Survival of the Biggest : Large Banks and Crises since 1870
Baron, Matthew; Schularick, Moritz; Zimmermann, Kaspar - 2022
This paper studies a newly compiled data set of annual balance sheets of more than 11,000 commercial banks across 17 advanced economies since 1870. The new data expose the central role of large banks for credit cycles and financial instability throughout modern financial history and the...
Persistent link: https://www.econbiz.de/10013492660
Cover Image
Banking Stability : The Impact of Financial Sector Heterogeneity on Systemic Risk in Financial Crises and Economic Recessions
León, Carlos; LIU, Zihao; Renneboog, Luc - 2023
Financial institutions heterogeneity, a high degree of dissimilarity across multiple dimensions, including business focuses, correlated asset holdings, capital structures, and funding sources, reduces systemic risk. We empirically test this hypothesis using a bank holding company (BHC) level...
Persistent link: https://www.econbiz.de/10014355963
Cover Image
Banking Stability : The Impact of Financial Sector Heterogeneity on Systemic Risk in Financial Crises and Economic Recessions
León, Carlos; Liu, Zihao; Renneboog, Luc - 2023
Financial institutions heterogeneity, a high degree of dissimilarity across multiple dimensions, including business focuses, correlated asset holdings, capital structures, and funding sources, reduces systemic risk. We empirically test this hypothesis using a bank holding company (BHC) level...
Persistent link: https://www.econbiz.de/10014258573
Cover Image
Prudential policies and their impact on credit in the United States
Calem, Paul Seth; Correa, Ricardo; Lee, Seung Jung - 2016
, we test whether the U.S. bank stress tests had any impact on the supply of mortgage credit. We find that the first … Comprehensive Capital Analysis and Review (CCAR) stress test in 2011 had a negative effect on the share of jumbo mortgage …
Persistent link: https://www.econbiz.de/10011629709
Cover Image
Is the Bond Market a Reliable Partner in the Regulation of Banks? An Examination of Subordinated Debt and the Pricing of Residential Mortgage Risk During the Financial Crises
Chang, Yan - 2010
Toxic mortgage related assets in bank portfolios have tested the pervasive free market wisdom that markets can …-leveraged themselves by investing in risky mortgage securities. In an efficient and perfectly informed market investors punish firms for … subordinated bond spreads by examining the role of underlying mortgage assets in the pricing of subordinated bonds by investors …
Persistent link: https://www.econbiz.de/10013148445
Cover Image
Banking crises and market discipline: International evidence
Cubillas, Elena; Fonseca, Ana Rosa; González, Francisco - In: Journal of Banking & Finance 36 (2012) 8, pp. 2285-2298
This paper analyzes the effect of banking crises on market discipline in an international sample of banks. We also evaluate how bank regulation, supervision, institutions, and crisis intervention policies shape the effect of banking crises on market discipline. We control for unobservable bank,...
Persistent link: https://www.econbiz.de/10011065563