Showing 1 - 10 of 12,955
This paper examines the driving effect of economic policy uncertainty on bank systemic risk with a distinction between … systemic linkage and bank tail risk. Using bank-level data of 25 economies during the period 2010-2020, we find consistent and … robust evidence that policy uncertainty is negatively associated with bank tail risk but positively related to systemic …
Persistent link: https://www.econbiz.de/10013404472
In this paper, we discuss 10 parallels between the lack of preparation of financial system regulators prior to the GFC and the lack of preparation by public health authorities and governments prior to Covid-19. These parallels relate to: required stocks (of capital or equipment), data collection...
Persistent link: https://www.econbiz.de/10012490913
investigates the effect of economic policy uncertainty (EPU) on bank profitability in 22 advanced countries. The measures of bank … effect on bank profitability in Asia and the region of the Americas as these regions witnessed high return on equity in times … some indicators of bank profitability, regional characteristics can ameliorate the depressive effects of EPU on bank …
Persistent link: https://www.econbiz.de/10014239637
through a reduction in credit supply and loan re-pricing. High economic policy uncertainty compel bank managers to … discretionary distort bank financial reporting in ways that help them to mitigate the depressing effect of economic policy … uncertainty on their profitability …
Persistent link: https://www.econbiz.de/10013226016
Intervention has taken different forms in different countries and periods of time. Moreover, the high interconnection of financial institutions makes the (implicitly or explicitly) promise of no intervention made by governments barely credible. Moreover, it is largely claimed that these...
Persistent link: https://www.econbiz.de/10012974864
Ukraine are proposed. The results of the study can be used by banking institutions of Ukraine, the National Bank of Ukraine …
Persistent link: https://www.econbiz.de/10012502596
Using news-based government economic policy uncertainty (EPU) index of Baker et al. (2016) and bank-level data from 17 … with interest rates on bank gross loans. Specifically, a one standard deviation increase in EPU leads to 21.84 basis points … increase in average interest rates on bank gross loans. We conjecture the economic policy uncertainty boosts banks' loan prices …
Persistent link: https://www.econbiz.de/10012859755
We examine the influence of economic policy uncertainty on bank stability post-2007-2008 global financial crisis. We … observations for US commercial banks over the period from 2011Q1 to 2020Q3 and find consistent and robust evidence that bank … indicates that the decrease in bank stability not only originates from borrowers’ and customers’ conditions but also from a …
Persistent link: https://www.econbiz.de/10013224541
This paper takes stock of the current state of development of the financial systems in five Central European transition economies (the Czech Republic, Hungary, Poland, the Slovak Republic, and Slovenia) that are also leading EU accession candidates. It presents both a progress report and an...
Persistent link: https://www.econbiz.de/10013317850