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This paper uses a large firm-level data set of UK companies and information on their pre-crisis lending relationships to identify the causal links from changes in credit supply to the real economy following the 2008 financial crisis. Controlling for demand in the product market, we find that the...
Persistent link: https://www.econbiz.de/10013013732
of the European Union (EU) bank deposits and loans. Despite their importance, little is known about the relationship … between bank stability and competition for these small credit institutions. Does competition affect the stability of … relationship between competition and bank soundness (both in the short and long run) in the European cooperative banking between …
Persistent link: https://www.econbiz.de/10013063544
The contribution of institutionally diversified financial sectors to more sustainable growth and financial stability-in particular the role of effective local banking structures—is not always fully appreciated, whether in the context of development cooperation or in policy discussions in the...
Persistent link: https://www.econbiz.de/10012153567
policymakers to consider policies that discourage banks from getting larger, including explicit caps on bank size. However, limits … presents new estimates of returns to scale for U.S. banks based on nonparametric, local-linear estimation of bank cost, revenue … high percentage of banks faced increasing returns to scale in cost in both years, including most of the 10 largest bank …
Persistent link: https://www.econbiz.de/10012904022
their ability to transform deposits from households into loans to firms. Bank size differences emerge endogenously in the … model, and in steady state, the induced bank size distribution matches two stylized facts in the data: bigger banks borrow …
Persistent link: https://www.econbiz.de/10013022442
We consider three measures on the systemic importance of a financial institution within a interconnected financial system. Based on the measures, we study the relation between the size of a financial institution and its systemic importance. From both theoretical model and empirical analysis, we...
Persistent link: https://www.econbiz.de/10013133936
This paper examines how the impact of financial crises on bank earnings volatility (proxied by the volatility of return … on assets) varies with bank size and market concentration. Using fixed effects panel regression analysis for more than … systems. These results are robust to the use of absolute and relative bank size definitions, different types of banks, and …
Persistent link: https://www.econbiz.de/10013134374
We examine whether bank earnings volatility depends on bank size and the degree of concentration in the banking sector … quality of management, leverage, and diversification, we find that bank size reduces return volatility. The negative impact of … bank size on bank earnings volatility decreases (in absolute terms) with market concentration. We also find that larger …
Persistent link: https://www.econbiz.de/10013119074
banks and find no evidence that this shift in the bank business model harms bank profitability. To the contrary, a higher … share of non-traditional bank income is associated with a higher profitability. The increase in profitability does not seem … to come at the cost of substantially larger bank-level risk taking, at least not for large banks, which are the banks …
Persistent link: https://www.econbiz.de/10011342495
We show that the effect of diversification on systemic risk exposures varies with bank size and a country …
Persistent link: https://www.econbiz.de/10013058912