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supervisory data on the quality of banks’ loan portfolio, we show that a similar portfolio of the lending and borrowing bank helps …
Persistent link: https://www.econbiz.de/10014320321
volatility on bank asset allocation. …
Persistent link: https://www.econbiz.de/10012038701
The urgency of estimating the impact of climate risks on the financial system is increasingly recognized among scholars and practitioners. By adopting a network approach to financial dependencies, we look at how climate policy risk might propagate through the financial system. We develop a...
Persistent link: https://www.econbiz.de/10012855741
This paper presents a framework for understanding the interactions between political and legal institutions, property rights protection, and their implications for financial development. Whereas the literature has answered questions on why some countries lag behind in terms of financial and...
Persistent link: https://www.econbiz.de/10012931243
This paper develops a theory in which heterogeneity in bank capital choices arises in a general equilibrium despite ex … continued access to funding liquidity but low-capital banks do not. Inter-bank trading in legacy assets allows some frozen banks … market funding from low-capital to high-capital banks. Inter-bank trading unfreezes the market without government …
Persistent link: https://www.econbiz.de/10012826432
The unusual severity of the recent global financial crisis has drawn much attention to systemic risk, particularly its measurement, and the institutions that contribute most to it. This paper provides an empirical examination of the systemic risk potential among banking institutions in Asia...
Persistent link: https://www.econbiz.de/10013005020
theoretical literature on bank capital regulation. Empirical results on large Italian banks are reported on the third section. The …
Persistent link: https://www.econbiz.de/10013112532
This paper studies the effects of harmonizing collateral policy in a monetary union. In 2007, the European Central Bank …
Persistent link: https://www.econbiz.de/10013279271
This paper studies the effects of harmonizing collateral policy in a monetary union. In 2007, the European Central Bank …
Persistent link: https://www.econbiz.de/10013336407
We use unique data on banks' private risk assessments of corporate borrowers to quantify how competition among banks affect the risk sensitivity of interest rates in the Norwegian credit market. We show that an increase in competition makes corporate lending rates less sensitive to banks' own...
Persistent link: https://www.econbiz.de/10012795608