Similar Search Results

Deposit insurance, market discipline and off-balance sheet banking risk of large U.S. commercial banks

Hassan, M. Kabir; Karels, Gordon B.; Peterson, Manferd O. - 1991

claims valuation techniques to derive implied asset variances from bank equity and deposit insurance, and from risk …-premia for bank subordinated debt. Specifically implied asset variances have been calculated from contingent valuation models and …

Persistent link: https://www.econbiz.de/10009468594

Deposit insurance, market discipline and off-balance sheet banking risk of large U.S. commercial banks

Hassan, M. Kabir; Karels, Gordon V.; Peterson, Manferd O. - 1991

Persistent link: https://www.econbiz.de/10009451088

Monetary policy and the asset risk-taking channel

Abbate, Angela; Thaler, Dominik - 2018

rate stabilization: it is optimal for the central bank to tolerate greater inflation volatility in exchange for lower risk …

Persistent link: https://www.econbiz.de/10012530598

Asset encumbrance and bank risk: theory and first evidence from public disclosures in Europe

Banal-Estañol, Albert; Benito, Enrique; Khametshin, Dmitry

and the endogenous risk of a liquidity-driven bank run. We then test the model’s predictions using a novel dataset on … encumbrance increases bank risk, although this relationship is rather heterogeneous. …

Persistent link: https://www.econbiz.de/10012613021

Asset encumbrance and bank risk: theory and first evidence from public disclosures in Europe

Banal-Estañol, Albert; Benito, Enrique; Khametshin, Dmitry

Summary of Banco de España Working Paper no. 2131

Persistent link: https://www.econbiz.de/10013267759

The market's evaluation of off-balance sheet banking risk: a methodological reexamination

Hassan, M. Kabir; Karels, Gordon V.; Peterson, Manferd O. - 1991

-risk premia borne by bank subordinated debtholders. This paper examines the "market discipline" of OBS activities by employing a … prices of subordinated debt reflect the risk of default is to regress the yield spread against accounting measures of bank … risk. This approach is inadequate because yield spreads are neither linear nor monotonic functions of bank risk. Moreover …

Persistent link: https://www.econbiz.de/10009468597

The market's evaluation of off-balance sheet banking risk: a methodological reexamination

Hassan, M. Kabir; Karels, Gordon V.; Peterson, Manferd O. - 1991

Persistent link: https://www.econbiz.de/10009451091

Institutional and economic determinants of regional public debt in Spain

Delgado Téllez de Cepeda, Mar; Pérez García, Javier José - 2018

En este documento se hace un análisis empírico de la evolución y de los determinantes de la deuda de las Comunidades Autónomas (CCAA). España constituye un caso interesante de estudio debido a su alto nivel de descentralización fiscal (desarrollado gradualmente durante las últimas cuatro...

Persistent link: https://www.econbiz.de/10012532116

Three Essays in Empirical Asset Pricing

Jacobs, Thomas A. - 2010

The financial crisis of 2007-2008 led to extraordinary government intervention in firms and markets. The scope and depth of government action rivaled that of the Great Depression. Many traded markets experienced dramatic declines in liquidity leading to the existence of conditions normally...

Persistent link: https://www.econbiz.de/10009477864

The workout of banking crises. A macroeconomic perspective

Gersbach, Hans; Wenzelburger, Jan - 2002

This paper provides a macroeconomic perspective for government interventions in banking crises. We illustrate how vulnerabilities of the banking sector may build up over time and thus destabilize a banking system. A crisis occurs when a large number of banks fail to meet capital requirements or...

Persistent link: https://www.econbiz.de/10009452576