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This article provides an empirical insight on the heterogeneity in the estimates of banking efficiency produced by the …
Persistent link: https://www.econbiz.de/10013135106
Persistent link: https://www.econbiz.de/10011636873
financing, especially long-term lending. -- small and medium enterprises, bank finance, financial constraints, banking market …
Persistent link: https://www.econbiz.de/10003850504
We exploit the cross-state, cross-time variation in bank tangible capital ratios-brought about by bank branch deregulation on a state-by-state basis-to identify the effects of bank capital pressures on employment and firm dynamics during two waves of changes in bank capital regulation. We show...
Persistent link: https://www.econbiz.de/10011459508
The “conventional wisdom” in academic and policy circles argues that, while large and foreign banks are generally not interested in serving SMEs, small and niche banks have an advantage because they can overcome SME opaqueness through relationship lending. This paper shows that there is a...
Persistent link: https://www.econbiz.de/10013089735
his paper documents a positive relation between internationalization and bank risk. This is consistent with the empirical dominance of the market risk hypothesis – whereby internationalization increases banks' risk due to market-specific factors in foreign markets – over the diversification...
Persistent link: https://www.econbiz.de/10013015280
Small and medium enterprises (SMEs) are important for employment and economic activity; however, they are perceived to lack adequate financing, which hampers their growth. As a consequence, governments have implemented a number of programs to foster SME lending and attention has focused on...
Persistent link: https://www.econbiz.de/10013159698
wholesale-funded commercial banking model that are robust to the choice of inputs. In comparison, a model emphasising trading … activities and a universal banking model are less robustly identified. Both commercial banking models exhibit lower cost … witnessed mainly switches away from wholesale-funded and into retail-funded banking. Over the entire sample period, banks that …
Persistent link: https://www.econbiz.de/10012941236
This paper documents a positive relation between internationalization and bank risk. This is consistent with the empirical dominance of the market risk hypothesis – whereby internationalization increases banks' risk due to market-specific factors in foreign markets – over the diversification...
Persistent link: https://www.econbiz.de/10013007577
This paper documents a positive relation between internationalization and bank risk. This is consistent with the empirical dominance of the market risk hypothesis – whereby internationalization increases banks' risk due to market-specific factors in foreign markets – over the diversification...
Persistent link: https://www.econbiz.de/10012855877