Similar Search Results

Securitization, bank lending and credit quality: the case of Spain

Carbó-Valverde, Santiago; Marqués-Ibáñez, David; … - 2011

illustrative: this country experienced a pronounced housing bubble partly funded via spectacular developments in its securitization … loan growth significantly affects on balance-sheet loan performance with a lag of at least two years. Additionally, loan … performance is found to lead rating changes with a lag of four quarters. Importantly, bank characteristics (in particular …

Persistent link: https://www.econbiz.de/10011605375

Toxic asset subsidies and the early redemption of talf loans

Wilson, Linus - In: International Journal of Financial Studies : open … 10 (2022) 2, pp. 1-20

This paper develops a formula to numerically estimate the unsubsidized, fair-market value of the toxic assets purchased with Federal Reserve loans. It finds that subsidy rates on these loans were on average 33.9 percent at origination. In contrast, by the 3rd quarter of the 2010, there was on...

Persistent link: https://www.econbiz.de/10013252762

United States: Term Asset-Backed Securities Loan Facility II

Engbith, Lily S. - In: The journal of financial crises 4 (2022) 2, pp. 1880-1903

Persistent link: https://www.econbiz.de/10013448983

Securitization, bank lending and credit quality: the case of Spain

Carbó-Valverde, Santiago; Marqués-Ibáñez, David; … - European Central Bank - 2011

Persistent link: https://www.econbiz.de/10009003443

Financial Markets, Banks' Cost of Funding, and Firms' Decisions: Lessons from Two Crises

Balduzzi, Pierluigi; Brancati, Emanuele; Schiantarelli, … - 2013

We test whether financial fluctuations affect firms' decisions, through their impact on banks' cost of funding. We exploit two shocks to Italian bank CDS spreads and equity valuations: the 2007-2009 financial crisis and the 2010-2012 sovereign debt crisis. Using newly available data linking over...

Persistent link: https://www.econbiz.de/10010328995

Cross-border prudential policy spillovers: How much? How important? Evidence from the international banking research network

Buch, Claudia M.; Goldberg, Linda - 2017

The development of macroprudential policy tools has been one of the most significant changes in banking regulation in recent years. In this multi-study initiative of the International Banking Research Network (IBRN), researchers from 15 central banks and 2 international organizations use...

Persistent link: https://www.econbiz.de/10011595793

Bank exposures and sovereign stress transmission

Altavilla, Carlo; Pagano, Marco; Simonelli, Saverio - 2016

Using novel monthly data for 226 euro-area banks from 2007 to 2015, we investigate the causes and effects of banks' sovereign exposures during and after the euro crisis. First, in the vulnerable countries, the publicly owned, recently bailed out and less strongly capitalized banks reacted to...

Persistent link: https://www.econbiz.de/10011984794

Bank recapitalizations and lending: A little is not enough

Homar, Timotej - 2016

This paper analyzes the effect of bank recapitalizations on lending, funding and asset quality of European banks between 2000 and 2013. Controlling for market implied capital shortfall of banks, we find that banks that receive a sufficiently large recapitalization increase lending, attract more...

Persistent link: https://www.econbiz.de/10011984799

Much ado about nothing? Interest and non-interest products and services: Their impact on small banks' margins

Fredriksson, Antti; Maresch, Daniela; Moro, Andrea - In: Cogent Economics & Finance 5 (2017) 1, pp. 1-14

bank's margin, and cash management services even seem to reduce the bank's margin. The findings suggest that small …

Persistent link: https://www.econbiz.de/10011988764

The relevance of financial and economic factors for determining banking risk across Europe

Karkowska, Renata - 2017

The goal of this study is to identify empirically how country-level development, taking into account the financial and macroeconomic environment, affect the risk profiles of the banking sector in Europe. Through a dataset that covers 3,399 European banks spanning the period 1996-2011, and the...

Persistent link: https://www.econbiz.de/10012056989