Showing 1 - 10 of 1,315
- border lending after the Lehman failure; for banks headquartered in periphery countries, the impact is quantitatively …
Persistent link: https://www.econbiz.de/10010471858
Based on a detailed trade-level dataset, we analyze the proprietary trading behavior of German banks in the months … German banking system that was both unexpected and exogenous. We examine banks' immediate reactions as well as their … banks' trading behavior by inducing shifts towards eligible securities and reducing pressure on market liquidity. This …
Persistent link: https://www.econbiz.de/10012952017
combination of a number of factors, such as banks following strict internal credit limits, investment incentives created by yield … liquidity that resulted also determined TARGET2 balances.At the individual bank level, when controlling for banks' capital, non … smaller and better-capitalised banks, and for banking groups with liquidity centralised at the head institution. In addition …
Persistent link: https://www.econbiz.de/10012943463
Based on a detailed trade-level dataset, we analyze the proprietary trading behavior of German banks in the months … German banking system that was both unexpected and exogenous. We examine banks' immediate reactions as well as their … banks' trading behavior by inducing shifts towards eligible securities and reducing pressure on market liquidity. This …
Persistent link: https://www.econbiz.de/10011671299
combination of a number of factors, such as banks following strict internal credit limits, investment incentives created by yield … liquidity that resulted also determined TARGET2 balances. At the individual bank level, when controlling for banks' capital, non … smaller and better-capitalised banks, and for banking groups with liquidity centralised at the head institution. In addition …
Persistent link: https://www.econbiz.de/10011747703
Since the global financial crisis Eurozone’s architectural flaws and risk segregating policies have raised an issue of euro sustainability for several member countries. This has often resulted in anti-Europeanist sentiments and rising consensus to populist parties. Italy, in particular, in...
Persistent link: https://www.econbiz.de/10014092450
, not defined in a market, but by the collateral frameworks and interest rate policies of central banks. Using the …
Persistent link: https://www.econbiz.de/10011296085
options to address this 'doom loop' in which the government may need to raise debt to recapitalise banks, and an increase in … bias in banks sovereign bond holdings by reducing excessive exposure to domestic sovereigns has only limited benefit in …
Persistent link: https://www.econbiz.de/10012053254
This paper dwells on the Eurozone woes and addresses the origins of the transition from a fictitious boom to a painful bust by unravelling (i) the supply-side structural imbalances that formed the core-periphery economic divide, and (ii) the necessity of the periphery's sovereign debt to finance...
Persistent link: https://www.econbiz.de/10009687800
We adopt an unobserved components time series model to extract financial cycles for the United States and the five largest euro area countries over the period 1970 to 2014. We find that credit, the credit-to-GDP ratio and house prices have medium-term cycles which share a few common statistical...
Persistent link: https://www.econbiz.de/10011456728