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methodology as a tool to study the characteristics and properties of the Interbank Payment System (SPI) in Ecuador. We establish …
Persistent link: https://www.econbiz.de/10012659017
Article proposes comparative studies of credit ratings of the leading Russian and international rating agencies. We analyze approaches and the possibility of comparison of agencies’ rating scales. Purpose of this analysis is to propose method and describe the criteria for comparison of rating...
Persistent link: https://www.econbiz.de/10009422059
's closely tied to economic growth; when used as collateral by banks, rising real estate prices may decrease both expected and …
Persistent link: https://www.econbiz.de/10014501368
bank-firm relationships and the designing of collateral clauses in bank loan contracting, and explore the potential path of … collateral for loans than male-CFO-led borrowers; and (3) banks are more inclined to claim mortgaging collateral when lending to … female-CFO-led firms and prefer to guarantee collateral when lending to male-CFO-led firms. Female-CFO-led borrowers seem to …
Persistent link: https://www.econbiz.de/10011844638
dataset of US firms from 1990 to 2010, we show that property, plant and equipment are important drivers of the collateral … channel, while inventories and receivables are less important. The collateral channel is more pronounced for firms that have … the financial crisis. Our study provides new evidence on the cross-sectional and time-varying importance of the collateral …
Persistent link: https://www.econbiz.de/10010709485
This paper aims to investigate the determinants of collateral requirements for loans that are extended to small and … important than country-specific variables in determining collateral requirements on loan contracts. The strongest evidence in … our paper emphasises the importance of borrower risk and loan cost in collateral determinants. …
Persistent link: https://www.econbiz.de/10011065654
Banks hold liquid and illiquid assets. An illiquid bank that receives a liquidity shock sells assets to liquid banks in exchange for cash. We characterize the constrained efficient allocation as the solution to a planner's problem and show that the market equilibrium is constrained inefficient,...
Persistent link: https://www.econbiz.de/10011686779
The objective of this research is to examine the inter-bank network of clients as a channel for credit risk … groups of banks have experienced increase in NPLs through the channel of contagion spread in the interbank network. The …
Persistent link: https://www.econbiz.de/10013407507
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