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The bursting of the stock market and real estate bubbles of the 1980s dramatically shocked and changed the performance of the Japanese economy and the functioning of its banking system, resulting in a prolonged period of economic malaise in Japan, commonly known as the "Lost Decade," although it...
Persistent link: https://www.econbiz.de/10011590342
This chapter puts forward a manual for how to setup and solve a continuous time model that allows to analyze endogenous (1) level and risk dynamics. The latter includes (2) tail risk and crisis probability as well as (3) the Volatility Paradox. Concepts such as (4) illiquidity and liquidity...
Persistent link: https://www.econbiz.de/10014024265
Southeast Asia -- Chapter 3: Bank Competition + Market Concentration = Financial Stability? -- Chapter 4: Does Income … Diversification Enhance Bank Efficiency And Stability In Periods Of Increased Competition? -- Chapter 5: Macro Stress Testing Of The … on bank competition, concentration, efficiency and financial stability in the Philippines. Jovi Clemente Dacanay is an …
Persistent link: https://www.econbiz.de/10014577584
We study the impact of higher bank capital buffers, namely of the Other Systemically Important Institu- tions (O …
Persistent link: https://www.econbiz.de/10012024808
This paper investigates the effect of bank competition and financial stability on economic growth by examining panel …-data from 38 European countries over 2001 to 2017. Bank competition is measured with the Boone indicator, and bank stability … effect of economic growth, and reverse causality in its estimation. Results show that bank stability significantly …
Persistent link: https://www.econbiz.de/10012176206
policy on bank-level lending and leverage by drawing on a single natural experiment. In 1920, when U.S. monetary policy was … stance. Macroprudential policy caused both bank-level lending and leverage to fall significantly (by 11%-14%), whereas LAW … had only weak and, in some areas, even perverse effects on these bank-level outcomes. I show that the macroprudential tool …
Persistent link: https://www.econbiz.de/10012318753
by the following types of bank financial distress: 1) low equity ratio; 2) low Tier 1 capital ratio; and 3) losses on … crunch ; financial crisis ; bank lending channel ; business lending …
Persistent link: https://www.econbiz.de/10003973496
availability by including a set of unlisted firms (which are the firms most likely to be bank dependent) in the analysis, and by … data on ownership by banks are available, a higher concentration of ownership of the firm by either the main bank or the … firm's top three lenders increases the likelihood of the firm obtaining increased loans, suggesting that bank ownership of …
Persistent link: https://www.econbiz.de/10009665488
This paper analyzes the effects of the financial crisis on credit supply by using highly detailed data on bank … borrowers' risk, by exploiting multiple lending. We find evidence of a contraction of credit supply, associated to low bank …' productivity and interest rates at bank-firm level …
Persistent link: https://www.econbiz.de/10013138576
highlights a literature that began more than 20 years ago associated with the bank credit crunch of the early 1990s. It is useful …
Persistent link: https://www.econbiz.de/10013012450