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’ impact on lending cycles, controlling for other determinants of credit growth. We find robust empirical evidence that higher … when entering a credit contraction period severely impacts lending (i.e., may bring about a deep credit crunch), with …In this paper, we analyze the role bank capital played in systemic banking crises and in lending expansion and …
Persistent link: https://www.econbiz.de/10012545573
The research shows that banking relationships are important to lending. However, few studies focus on the banking … shows the impacts of credit rationing and tightening credit conditions, even in the syndicated loans market. We investigate …
Persistent link: https://www.econbiz.de/10010960595
Bank profitability in the USA was extremely high in the pre-crisis period, yet this did not prevent the current crisis. It has become clear that these profits were on shaky grounds and also that bank profits were not used to buttress banks' capital bases. This paper analyses the effects of...
Persistent link: https://www.econbiz.de/10013152291
On May 11-12, 2011, SUERF, the Belgian Financial Forum, the Brussels Finance Institute and the Centre for European Policy Studies (CEPS) jointly organised the 29th SUERF Colloquium New paradigms in money and finance? The papers included in this SUERF Study are based on contributions to the...
Persistent link: https://www.econbiz.de/10011711451
Persistent link: https://www.econbiz.de/10012622870
believed to be important drivers of credit risks and market risks faced by financial institutions. We suggest that marginal …
Persistent link: https://www.econbiz.de/10010464535
Why do some banks fail in financial crises while others survive? This article answers this question by analysing the effect of the Dutch financial crisis of the 1920s on 142 banks, of which 33 failed. We find that choices of balance sheet composition and product market strategy made in the...
Persistent link: https://www.econbiz.de/10010357612
believed to be important drivers of credit risks and market risks faced by financial institutions. We suggest that marginal …
Persistent link: https://www.econbiz.de/10010199517
We use the German Crisis of 1931, a key event of the Great Depression, to study how depositors behave during a bank run in the absence of deposit insurance. We find that deposits decline by around 20 percent during the run and that there is an equal outflow of retail and nonfinancial wholesale...
Persistent link: https://www.econbiz.de/10013161892
institutions and the central bank, leading to a major, persistent disruption in business lending. In line with the gold standard … severe, persistent credit crunch …
Persistent link: https://www.econbiz.de/10012907970