Narrow search
Showing 1 - 10 of 7,744
Cover Image
COVID-19 and entrepreneurial processes in U.S. equity crowdfunding
Cumming, Douglas J.; Reardon, Robert S. - 2021
were drastically impacted by COVID-19. We examine all U.S. equity crowdfunding offerings starting with the very first … housing prices post-COVID-19 are a strong predictor of the number of equity crowdfunding campaigns and the amount of capital … raised. The impact of housing price changes on crowdfunding is more pronounced among more prosperous regions. The housing …
Persistent link: https://www.econbiz.de/10012672286
Cover Image
Do macroprudential measures increase inequality? : evidence from the euro area household survey
Georgescu, Oana-Maria; Vila Martin, Diego - 2021
Borrower-based macroprudential (MP) policies - such as caps on loan-to-value (LTV) ratios and debt-service-to-income (DSTI) limits - contain the build-up of systemic risk by reducing the probability and conditional impact of a crisis. While LTV/DSTI limits can increase inequality at...
Persistent link: https://www.econbiz.de/10012547560
Cover Image
Macroprudential Policy, Mortgage Cycles and Distributional Effects : Evidence from the UK
Peydró, José-Luis - 2020
Macroprudential regulators worldwide have introduced regulations to limit household leverage in light of existing evidence which suggests that high leverage is associated with household distress during crisis. We analyse the distributional effects of such a macroprudential policy on mortgage and...
Persistent link: https://www.econbiz.de/10012832639
Cover Image
Shadow banking : financial intermediation beyond banks
Adrian, Tobias; Chrétien, Edouard; Chui, Michael; … - Shadow Banking: Financial Intermediation beyond Banks …; … - 2018
Persistent link: https://www.econbiz.de/10011790739
Cover Image
Too TAF towards the risk
Puddu, Stefano; Waelchli, Andreas - 2011 - This version: October 2011
During the last financial crisis the Federal Reserve launched several extraordinary actions, including the creation of a number of new facilities for auctioning short-term credit, with the general aim of sustaining the financial sector and of ensuring adequate access to liquidity to financial...
Persistent link: https://www.econbiz.de/10009259440
Cover Image
Market liquidity after the financial crisis
Adrian, Tobias; Fleming, Michael J.; Shachar, Or; Vogt, Erik - 2017 - Revised June 2017
This paper examines market liquidity in the post-crisis era in light of concerns that regulatory changes might have reduced dealers' ability and willingness to make markets. We begin with a discussion of the broader trading environment, including an overview of regulations and their potential...
Persistent link: https://www.econbiz.de/10011547707
Cover Image
Big Bad Banks? The Winners and Losers from Bank Deregulation in the United States
Beck, Thorsten - 2010
We assess the impact of bank deregulation on the distribution of income in the United States. From the 1970s through the 1990s, most states removed restrictions on intrastate branching, which intensified bank competition and improved bank performance. Exploiting the cross-state, cross-time...
Persistent link: https://www.econbiz.de/10013152550
Cover Image
The Effect of Liquidity Regulation on U.S. Bank Risk-Taking : Evidence from Non-Performing Loans and CDS Spreads
Bosshardt, Joshua - 2020
This paper illustrates channels by which regulations that require banks to hold liquid assets can either increase or decrease a bank's incentive to take risk with its remaining ineligible assets. A greater capacity to respond to liquidity stress increases the potential profits a bank would put...
Persistent link: https://www.econbiz.de/10012839958
Cover Image
US Housing Market During COVID-19 : Aggregate and Distributional Evidence
Zhao, Yunhui - 2021
Using zip code-level data and nonparametric estimation, I present eight stylized facts on the US housing market in the COVID-19 era. Some aggregate results are: (1) growth rate of median housing price during the four months (April-August 2020) since the Federal Reserve's unprecedented monetary...
Persistent link: https://www.econbiz.de/10013314842
Cover Image
Liquidity in the Mortgage Market : How Does the COVID-19 Crisis Compare with the Global Financial Crisis?
Pence, Karen M. - 2022
The liquidity strains that contributed to the meltdown of the mortgage market in the Global Financial Crisis (GFC) re-emerged in the Coronavirus 2019 (COVID-19) Crisis. Some of these strains were acute. For example, the dependence of mortgage real estate investment trusts (REITs) on short-term...
Persistent link: https://www.econbiz.de/10013404844