Memmel, Christoph; Gündüz, Yalın; Raupach, Peter - 2012
regional factors, the loans' maturity structure is found to drive the bank-wide loss rates in the credit portfolio. (ii) The … banks, this percentage is less than eight percent. -- Credit risk ; systematic risk ; maturity ; stress tests …Using a unique data set on German banks' loans to the German real economy, we investigate banks' credit risk. This data …