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worldwide political institutions to approve a more rigorous regulation on financial institutions and predict financial crises … theoretical models and a survey of institutions involved in securitization. With the conclusions of this analysis we evaluate the … EU regulation on credit rating agencies and current Basel II enhancements. Finally we can determine that most regulatory …
Persistent link: https://www.econbiz.de/10008695393
understanding for the motivation to originate securitization products is less discovered. Therefor this paper tries to identify main … to securitize that are in line with observable behavior of market participants. US banks use securitization mainly as … and performance improvement. For German banks securitization seems to be an appropriate funding tool. The proposed …
Persistent link: https://www.econbiz.de/10008907723
In this paper we study systemic risk for the US and Europe. We show that banks' exposures to common risk factors are crucial for systemic risk. We come to this conclusion by first showing that relations between US and European banks are smaller than within each region. We then show that European...
Persistent link: https://www.econbiz.de/10009784871
regulation on the probability of a crisis. We test this relationship by applying a Probit model of a non-linear specification to …: it rises as regulation stringency moves from low to medium levels and falls from medium to high levels. Countries located …
Persistent link: https://www.econbiz.de/10012030889
This paper provides the first empirical evidence on how home-country regulation and supervision affects bank risk … independently from the effect that bank balance sheets have on lending. These findings imply that loose home-country regulation and …
Persistent link: https://www.econbiz.de/10013068368
how to treat sovereign exposures in bank regulation. Our contribution is to model endogenous sovereign portfolio …
Persistent link: https://www.econbiz.de/10012061145
Euro area governments have committed to break the doom loop between bank risk and sovereign risk. But policymakers have not reached consensus on whether and how to reform the regulatory treatment of banks' sovereign exposures. To inform policy discussions, this paper simulates portfolio...
Persistent link: https://www.econbiz.de/10011978559
the organizational design of supervisory institutions impacts the enforcement of financial regulation. Banks under …
Persistent link: https://www.econbiz.de/10013470956
the organizational design of supervisory institutions impacts the enforcement of financial regulation. Banks under …
Persistent link: https://www.econbiz.de/10013555717
worldwide political institutions to approve a more rigorous regulation on financial institutions and to predict financial crises … theoretical models and a survey of institutions involved in securitization. With the conclusions of this analysis we evaluate the … EU regulation on credit rating agencies and current Basel II enhancements. Finally we can determine that most regulatory …
Persistent link: https://www.econbiz.de/10013141598