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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
question, we identify the compositional changes in banks' supply of credit using the variation in their holdings of residential …
Persistent link: https://www.econbiz.de/10012643066
All other terms being equal (e.g. seniority), syndicated loan contracts provide larger lending compensations (in percentage points) to institutions funding larger amounts. This paper explores empirically the motivation for such a price design on a sample of sovereign syndicated loans in the...
Persistent link: https://www.econbiz.de/10009767117
increases credit supply. In my empirical strategy I compare banks with and without access to securitisation and exploit the ABCP …: banks use unlocked capital from the securitisation of consumer credit to propel C&I lending …
Persistent link: https://www.econbiz.de/10012952237
While regulatory capital buffers are expected to be drawn to absorb losses and meet credit demand during crises, this …-cyclical behaviour to preserve capital ratios. By employing granular data from the credit register of the European System of Central … Banks, we isolate credit supply effects and find that banks with little headroom above regulatory buffers reduced their …
Persistent link: https://www.econbiz.de/10012818793
credit growth during a home banking crisis, while foreign private-owned banks increase lending in the host countries …. Moreover, we find evidence that bank-specific characteristics were more important determinants of credit growth than ownership …
Persistent link: https://www.econbiz.de/10013193442
countries experiencing systemic banking crises on profitability, credit, and the performance of borrower firms. Crisis exposures … reduce bank returns and tighten credit conditions for borrowers, constraining investment and growth. The effects are larger …
Persistent link: https://www.econbiz.de/10012181946
We classify a large sample of banks according to the geographic diversification of their international syndicated loan portfolio. Our results show that diversified banks maintain higher loan supply during banking crises in borrower countries. The positive loan supply effects lead to higher...
Persistent link: https://www.econbiz.de/10011993704
that excessive credit growth, credit cycles, and bank failures are phenomena related to distinct patterns of banks …
Persistent link: https://www.econbiz.de/10014158509
Persistent link: https://www.econbiz.de/10011685010