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mortgage lending related sectors. This paper examines the determinants of US Savings and Loan (S&L) profitability in the time … on bank earnings, the effects of interest rates can vary depending on the profit indicator used. By and large, there is …
Persistent link: https://www.econbiz.de/10013067231
This paper uses a two-step methodology to examine the relationship between managerial cost inefficiency and the takeover of U.S. thrifts during a period of market liberalization and widespread takeover activity, 1994 to 2000. In the first stage using stochastic cost frontiers, controllable...
Persistent link: https://www.econbiz.de/10013004388
In 1865, the first minority bank in the United States was established. Over time, banks owned or controlled by …
Persistent link: https://www.econbiz.de/10012848169
they lost their predominance within the following decades as they were pushed to convert into Savings and Loans (S …&Ls). This study examines whether the U.S. government-insured Postal Savings System attracted funds away from B&Ls precisely when … show that the sudden rise in local postal savings was associated with local downturns in B&Ls. Using a panel vector …
Persistent link: https://www.econbiz.de/10013435171
of the central bank that act on the asset side of its balance sheet, the motivations of individual banks in accumulating … systematic analysis of this massive accumulation of excess reserves using bank-level data for more than 7,000 commercial banks … and almost 1,000 savings institutions during the U.S. financial crisis. We propose a testable stochastic model of reserves …
Persistent link: https://www.econbiz.de/10013062488
We study market reactions to seasoned equity issuances that were announced by financial companies between 2002 and 2013. To assess the risk and valuation implications of these seasoned equity issuances, we conduct an event analysis using daily credit default swap (CDS) and stock market pricing...
Persistent link: https://www.econbiz.de/10010423809
This study is motivated by the development of credit-related instruments and signals of stock price movements of large banks during the recent financial crisis. What is common to most of the empirical studies in this field is that they concentrate on modeling the conditional mean. However,...
Persistent link: https://www.econbiz.de/10010209431
In the wake of the global financial crisis that erupted in 2008, there has been extensive commentary and regulatory focus on the 'Too Big to Fail' issue. In this paper, we survey the proposed solutions and regulatory initiatives that have been undertaken. We conduct a longitudinal analysis of...
Persistent link: https://www.econbiz.de/10012022346
Persistent link: https://www.econbiz.de/10000478100
voluntary federal government employee retirement savings vehicle called the Thrift Savings Plan. The G-Fund is managed as …
Persistent link: https://www.econbiz.de/10012514922