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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...
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We use a unique data set that comprises each bank’s bids in the Eurosystem’s main refinancing operations and its … that a bank’s willingness-to-pay is a good indicator for the probability that this bank draws on the LOLR facility. Our …
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This book explains how to restructure and successfully turn around a bank or financial institution at a time when the … financial system -- 3 An approach to bank restructuring -- 4 A new resolution regime in the European Union …
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Müller: "Bank-Räuber" (BA 7/10), H.-W. Sinn: "Kasino-Kapitalismus" (BA 8/09) ist, aber sehr wohl mit klaren Aussagen Position …
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