Showing 1 - 10 of 42,927
Since the beginning of the financial crisis, multinational banks have been accused of being among the major causes of the financial system's destabilization. But the available empirical evidence on the relationship between international diversification, value creation and riskiness of financial...
Persistent link: https://www.econbiz.de/10013089079
This paper compares four commonly used systemic risk metrics using data on U.S. financial institutions over the period 2005-2014. The four systemic risk measures examined are the (i) marginal expected shortfall, (ii) codependence risk, (iii) delta conditional value at risk, and (iv) lower tail...
Persistent link: https://www.econbiz.de/10012855872
This paper exploits a novel bank-level monthly dataset to assess the effects of global liquidity on the global flows of … bank claims on extra-euro area residents, against a background of contracting euro area credit supply. Controlling for bank … supports a range of determinants of global liquidity - including global risk, global bank equity and unconventional monetary …
Persistent link: https://www.econbiz.de/10011446311
and Fortis Bank NL in the Dutch retail banking market. The financial crisis delayed the completion of the merger giving …
Persistent link: https://www.econbiz.de/10012268034
Numerous bank productivity studies indicate rapid changes in the structure of the financial services industry and … financial institutions. The measurement of bank productivity is of vital importance from both a microeconomic and a …
Persistent link: https://www.econbiz.de/10012178843
We analyze the joint impact of macroprudential and capital control measures on cross-border banking flows, while controlling for multidimensional aspects in lender-and-borrower-relationships(e.g., distance, cultural proximity, microprudential regulations). We uncover interesting spillover...
Persistent link: https://www.econbiz.de/10012907951
Supranational resolution of insolvent banks does not necessarily improve welfare. Supranational regulators are more inclined to bail-out banks indebted towards international creditors because they take into account cross-border contagion. When banks' creditors are more likely to be bailed out,...
Persistent link: https://www.econbiz.de/10013007004
In recent years considerable attention has been devoted to differences across countries in the institutional environments in which corporations operate, and the consequences of these institutional differences for corporate performance. In this paper we test for the presence of differences in...
Persistent link: https://www.econbiz.de/10013036901
Persistent link: https://www.econbiz.de/10003504854
Persistent link: https://www.econbiz.de/10008657059