Showing 1 - 10 of 37,038
This paper explores the relationship between bank global exposure and their syndicated loan spreads. Linking syndicated … loan information from Dealscan with confidential US bank foreign exposure data and borrower characteristics, we find that … more bank global exposure is associated with a higher loan spread that is statistically significant. To analyze this …
Persistent link: https://www.econbiz.de/10012965831
weather conditions. This paper provides the theoretical framework to study the impact of weather through its influence on bank … manager's mood on bank inefficiency. In particular, we provide empirical evidence of the dynamic interactions between weather … and bank loan inefficiency, using a panel data set that includes 69 banks operating in the US spanning the period 1994 to …
Persistent link: https://www.econbiz.de/10009565392
This paper documents that an appreciation of the U.S. dollar is associated with a reduction in the supply of commercial and industrial loans by U.S. banks. An increase in the broad dollar index by 2.5 points (one standard deviation) reduces U.S. banks' corporate loan originations by 10 percent....
Persistent link: https://www.econbiz.de/10011922169
This paper documents that an appreciation of the U.S. dollar is associated with a reduction in the supply of commercial and industrial loans by U.S. banks. An increase in the broad dollar index by 2.5 points (one standard deviation) reduces U.S. banks' corporate loan originations by 10 percent....
Persistent link: https://www.econbiz.de/10012004720
stressed credit markets and confirms their superior performance in explaining the behavior of Credit Default Swap rates for the …
Persistent link: https://www.econbiz.de/10012954808
reallocation of credit supply across financial institutions …
Persistent link: https://www.econbiz.de/10012825310
This paper uses U.S. credit register data and the 2018-19 Trade War to study the effects of uncertainty on domestic … credit supply. Exploiting differences in banks' ex-ante exposure to trade uncertainty, we find that increased uncertainty is … has significant real effects, especially for bank-dependent firms. …
Persistent link: https://www.econbiz.de/10015080984
the distribution of risk via credit supply. For identification, we exploit exhaustive US loan-level data since the 1990s …, borrowerlender relationships and Gertler-Karadi monetary policy shocks. Higher policy rates shift credit supply from banks to …, higher policy rates increase risk-taking, as less-regulated, fragile nonbanks -in all credit markets- expand supply to …
Persistent link: https://www.econbiz.de/10013259697
While student loans continue to be a hot topic from economic, political, and social perspectives, and recent research has focused on the individual outcomes and macroeconomic effects of student borrowers, this paper focuses on a different group of borrowers – parent borrowers, specifically...
Persistent link: https://www.econbiz.de/10013238046
importance of bank liquidity risk management as a motivation for loan sales, in addition to the credit risk transfer motive …We examine the impact of banks' liquidity risk management on secondary loan sales. We track the dynamics of bank loan … share ownership in the secondary market using data from the Shared National Credit Program, a credit register of syndicated …
Persistent link: https://www.econbiz.de/10013028630