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of the art works on disclosure and bank transparency. It deals with questioning whether it is beneficial or not to …
Persistent link: https://www.econbiz.de/10012857565
This paper deals with both system-wide and banks' internal stress tests. For system-wide stress tests it describes the evolution over time, compares the stress test design in major jurisdictions, and discusses academic research. System-wide stress tests have gained in importance and nowadays...
Persistent link: https://www.econbiz.de/10012534563
competitive environment affect bank monitoring choices and the effectiveness of capital regulation? Our approach deviates from the …
Persistent link: https://www.econbiz.de/10011348715
mechanisms and capital regulations are the determinants of the bank performance …
Persistent link: https://www.econbiz.de/10014155156
The adoption of the “Bank ... …
Persistent link: https://www.econbiz.de/10012436955
The bail-in tool as implemented in the European bank resolution framework suffers from severe shortcomings. To some …-runnable long-term debt, even if investors are able to gauge the relevant risk of PSI in a bank’s failure correctly at the time of …
Persistent link: https://www.econbiz.de/10011720767
set available at the European Central Bank related to the 2016 EU-wide stress test, this paper presents novel empirical … evidence that supervisory scrutiny associated to stress testing has a disciplining effect on bank risk. We ftnd that banks that …
Persistent link: https://www.econbiz.de/10012518263
evidence that supervisory scrutiny associated to stress testing has a disciplining effect on bank risk. We find that banks that …
Persistent link: https://www.econbiz.de/10013403472
This paper distils three lessons for bank regulation from the experience of the 2009-12 euro-area financial crisis …. First, it highlights the key role that sovereign debt exposures of banks have played in the feedback loop between bank and …
Persistent link: https://www.econbiz.de/10010424982
We analyse the impact of the adoption of expected credit loss accounting (IFRS 9) on the timeliness and potential procyclicality of banks' loan loss provisioning. We use granular loan-level data from the euro area's credit register and investigate both firm-level credit events and macroeconomic...
Persistent link: https://www.econbiz.de/10014362650