Die Untersuchung geht den räumlichen Unterschieden im Aufkommen von Kreditausfallrisiken der Privathaushalte in deutschen Ballungsräumen nach. Zahlungsschwierigkeiten sind eine gravierende Auswirkung persönlicher Fehlentscheidungen und können auf mangelnde finanzielle Grundkompe-tenzen...

We develop a macroeconomic portfolio stress test that is specifically geared towards small and medium-sized banks. We combine a credit risk stress test which simulates credit impairments via a CreditMetrics type multi-factor portfolio model with an income stress test in the form of dynamic panel...

Using a unique data set on German banks' sector specific loan exposures to the real economy and the corresponding write-offs and write-downs, we examine the impact of loan portfolio sector concentration on credit risk. By controlling for common risk factors, we separate the bank-specific...