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Bad Banks Choking Good Banks : Simulating Balance Sheet Contagion

Kinsella, Stephen - 2011

We investigate the propagation of contagion through banks' balance sheets in a two-country model. We simulate an increase in non-performing loans in one bank, and study the effects on other banks and the macro economy of each country. We show that credit crunches destabilize each economy in the...

Persistent link: https://www.econbiz.de/10013119825

Long-term risk class migrations of non-bankrupt and bankrupt enterprises

Korol, Tomasz - In: Journal of business economics and management 21 (2020) 3, pp. 783-804

This paper investigates how the process of going bankrupt can be recognized much earlier by enterprises than by traditional forecasting models. The presented studies focus on the assessment of credit risk classes and on determination of the differences in risk class migrations between...

Persistent link: https://www.econbiz.de/10012270447

Debt recovery in firm liquidations : do liquidation trustees matter?

Cepec, Jaka; Grajzl, Peter; Zajc, Katarina - 2016

Insolvency systems play a crucial role in protection of creditor rights, yet micro-level empirical evidence on the … functioning of insolvency regimes worldwide is sparse. We investigate whether creditors' recovery of outstanding claims, a measure … of ex-post efficiency of an insolvency regime, depends on the characteristics of the trustee delegated the administration …

Persistent link: https://www.econbiz.de/10011518156

The real effects of bank distress : evidence from bank bailouts in Germany

Bersch, Johannes; Degryse, Hans; Kick, Thomas; Stein, Ingrid - 2019

How does bank distress impact their customers' probability of default and trade credit availability? We address this question by looking at a unique sample of German firms from 2000 to 2011. We follow their firm-bank relationships through times of distress and crisis, featuring the different...

Persistent link: https://www.econbiz.de/10012108717

Financial distress, earnings management and market pricing of accruals during the global financial crisis

Habib, Ahsan; Bhuiyan, Md. Borhan Uddin; Islam, Ainul - In: Managerial finance 39 (2013) 2, pp. 155-180

Persistent link: https://www.econbiz.de/10009732956

Changes in New Zealand's business insolvency rates after the GFC

Hall, Vivian Bruce; McDermott, C. John - In: New Zealand economic papers 55 (2021) 2, pp. 173-187

Persistent link: https://www.econbiz.de/10012623238

Home country versus cross-border negative externalities in barge banking organization failures and how to avoid them

Eisenbeis, Robert A. (contributor) - 2006

This paper examines the negative externalities that may occur when a large bank fails, describes the nature of those externalities, and explores whether they may be greater in a case involving a large cross-border banking organization. The analysis suggests that the chief negative externalities...

Persistent link: https://www.econbiz.de/10003730539

In the wake of the crisis : dealing with distressed debt across the transition region

Haas, Ralph de; Knobloch, Stephan - 2010

judicial system. -- distressed debt ; insolvency ; financial crisis …

Persistent link: https://www.econbiz.de/10003928000

The real costs of industry contagion

Garcia-Appendini, Emilia - 2014 - This draft: June 2014

This paper analyzes whether the financial distress of a firm affects the investment decisions of non-distressed competitors. On average, firms in distress impose indirect costs to non-distressed competitors by increasing costs of credit in the industry and hence restricting credit access and...

Persistent link: https://www.econbiz.de/10010410806

Bank-firm relationships and the performance of non-financial firms during the financial crisis 2008 - 09 : microeconometric evidence from large-scale firm-level data

Abildgren, Kim; Buchholst, Birgitte Vølund; Staghøj, Jonas - 2011

Utilising a unique data set with annual accounts from around 37,000 Danish non-financial firms spanning one and a half decade or so, we offer microeconometric evidence on bankfirm relationships and the performance of non-financial firms during the financial crisis 2008-09. Two major conclusions...

Persistent link: https://www.econbiz.de/10009301082

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