about the role of liquidity, equity, income levels, and payment burden as determinants of mortgage default using a unique … data set of JPMorgan Chase customers with a Chase mortgage and Chase deposit accounts. Our analysis suggests that liquidity … little post-closing liquidity defaulted at a considerably higher rate than borrowers with at least three mortgage payment …

We study the role of captive finance in the car loan market when manufacturers' liquidity demand increases. Using a new … multi-country dataset on securitized car loans, we show that captive lending enables a liquidity constrained integrated … exploit quasi-exogenous variation in manufacturers' liquidity cost and need following the Volkswagen emissions scandal to …

banking system to aggregate liquidity shocks? And what are the implications, if any, for banking regulation? To answer these … questions, I study a Diamond-Dybvig environment, where banks hedge against aggregate liquidity risk in the interbank market or … contract, and default in equilibrium only when facing systemic liquidity risk. In this case, the allocation at default is …

-contract data of the derivatives' use of 189 German middle-market companies that stems from a major bank as well as Basel II default …

indeed find that a failure prediction model for large banks is considerably different from that for small banks. Major bank … for bank failures should be separate for small and large banks …