Showing 1 - 10 of 4,599
We investigate the extent to which various structural risks exacerbate the materialization of cyclical risk. We use a … role in explaining the severity of cyclical and credit risk materialization during financial cycle contractions. Among …
Persistent link: https://www.econbiz.de/10013391113
In this paper, we analyze the role bank capital played in systemic banking crises and in lending expansion and contraction for nearly 150 years in Spain. We first build a measure of capital ratio (i.e., the capital to assets ratio) for Spain's banking sector, starting in 1880. Then, we analyze...
Persistent link: https://www.econbiz.de/10012545573
performance in financial institutions and in financial regulation and supervision all over the world. The contributors to the … present volume look with critical eyes on financial theories, supervisory structures, (mis)pricing of risk and distorted … incentives, risk management models and procedures, conflicts of interest and bank strategies. Their perspectives are quite …
Persistent link: https://www.econbiz.de/10011689953
performance in financial institutions and in financial regulation and supervision all over the world. The contributors to the … present volume look with critical eyes on financial theories, supervisory structures, (mis)pricing of risk and distorted … incentives, risk management models and procedures, conflicts of interest and bank strategies. Their perspectives are quite …
Persistent link: https://www.econbiz.de/10011711451
Our study explores the impact financial crisis has on performance of microfinance institutions in Zimbabwe employing … impact of financial crisis on performance of Microfinance Institutions. We also found a positive effect of gross domestic … product, money supply, the first lag of inflation and exchange rates on microfinance institutions performance while the second …
Persistent link: https://www.econbiz.de/10013365496
This paper investigates the determinants of banking system fragility by underlining the impact of bank liberalization on banking stability during the process of financial liberalization in emerging and developed countries. To this effect, we adopted a panel model with spatial dependency from a...
Persistent link: https://www.econbiz.de/10009565371
In the aftermath of the financial crisis trust, in the European Central Bank (ECB) has reached an historical low. Taking panel data and using a fixed effects DFGLS estimation for a 12–country sample over the time period 1999 to 2011 with a total of 312 observations, this paper detects a...
Persistent link: https://www.econbiz.de/10013114710
One of the challenges of financial stability analysis and bank stress testing is how to establish scenarios with meaningful macro-financial linkages, i.e., taking into account spillover effects and other forms of contagion. We come up with an approach to simulate the potential impact of...
Persistent link: https://www.econbiz.de/10013050679
conduct an econometric analysis of the driving factors of banks’ asset encumbrance, highlighting the relevance of credit risk …
Persistent link: https://www.econbiz.de/10012617772
sovereign debt crisis have been driven mainly by weak growth prospects and heightened sovereign risk and to a lesser extent, by … deteriorating funding conditions and investor sentiment. While the equity return performance in the banking sector has been dismal …
Persistent link: https://www.econbiz.de/10010128764