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We assess the effect of securitization activity on banks' lending rates employing a uniquely detailed dataset from the …, the relative level of securitization activity by the originating bank is not related to narrower lending spreads. Our … results suggest that while the credit cycle seems to have a major impact of lending standards, the effect of securitization …
Persistent link: https://www.econbiz.de/10013016058
We assess the effect of securitization activity on banks' lending rates employing a uniquely detailed dataset from the …, the relative level of securitization activity by the originating bank is not related to narrower lending spreads. Our … results suggest that while the credit cycle seems to have a major impact of lending standards, the effect of securitization …
Persistent link: https://www.econbiz.de/10013017110
securitization activity on loans' relative credit quality employing a uniquely detailed dataset from the euro-denominated syndicated … securitization, however, the credit quality of borrowers whose loans are securitized deteriorates by more than those in the control … detailed loan-by-loan information on loan credit quality would be useful to reap out the benefits of securitization. …
Persistent link: https://www.econbiz.de/10011636924
risk securitization announcements in European banking. Baseline results hold when comparing estimated wealth effects with a … find that the nexus between credit risk securitization, the issuing banks' overall risk exposure and wealth effects is …
Persistent link: https://www.econbiz.de/10013115966
1997 to 2010, this paper provides empirical evidence that loan securitization in Europe is a composite decision based on … change when separately investigating securitization transactions during the pre-crisis and crisis period. Moreover, results … from several subsample regressions reveal that determinants of loan securitizations in Europe depend on the transaction …
Persistent link: https://www.econbiz.de/10013029983
potential discrepancies in risk-taking behavior. We subdivide our sample into two sub-samples (East Europe and West Europe …
Persistent link: https://www.econbiz.de/10011877555
We provide an estimate of the size of the shadow banking sector in Europe. We compare it to the shadow banking sector … aspects of hedge funds activities and exchange-traded funds. According to our estimates, the shadow banking sector in Europe … banking sector liabilities in Europe and 130% in the U.S. Beyond data uncertainties for Europe, the difference with the U …
Persistent link: https://www.econbiz.de/10013108750
We investigate the effect of securitization activity on banks’ lending standards using evidence from pricing behavior … aggressive on their loan pricing practices. This suggests that securitization activity lead to laxer credit standards …. Macroeconomic factors also play a large role explaining the impact of securitization activity on bank lending standards: banks more …
Persistent link: https://www.econbiz.de/10009233425
We investigate the effect of securitization activity on banks’ lending standards using evidence from pricing behavior … aggressive on their loan pricing practices. This suggests that securitization activity lead to laxer credit standards …. Macroeconomic factors also play a large role explaining the impact of securitization activity on bank lending standards: banks more …
Persistent link: https://www.econbiz.de/10009238013
We investigate the effect of securitization activity on banks' lending standards using evidence from pricing behavior … aggressive on their loan pricing practices. This suggests that securitization activity lead to laxer credit standards …. Macroeconomic factors also play a large role explaining the impact of securitization activity on bank lending standards: banks more …
Persistent link: https://www.econbiz.de/10013122259