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employment volatility during cyclical fluctuations, and leverage strengthens firm bargaining power in labour negotiations. Bank … deregulation may have mixed impacts on labour depending upon the state of bank regulations and labour markets. Leveraged buyouts …
Persistent link: https://www.econbiz.de/10011914294
This paper analyzes the effect of bank recapitalizations on lending, funding and asset quality of European banks …
Persistent link: https://www.econbiz.de/10011975004
We estimate a multivariate early-warning model to assess the usefulness of private credit and other macro-financial variables in predicting banking sector vulnerabilities. Using data for 23 European countries, we find that global variables and in particular global credit growth are strong...
Persistent link: https://www.econbiz.de/10011975644
We measure the impact of bank capital requirements on corporate borrowing and investment using loanE level data. The …
Persistent link: https://www.econbiz.de/10011978165
, in the context of the eurozone periphery, the increase in domestic government bond holdings, the reduction of bank credit …
Persistent link: https://www.econbiz.de/10011978342
capture common factors in the residuals. We reproduce the puzzle for European bank credit spreads and hypothesize that the … information contagion through bank business model similarities. To capture this channel, we propose an intuitive measure for …
Persistent link: https://www.econbiz.de/10012007806
This paper looks at the impact of mitigation policies implemented by supervisory and macroprudential authorities as well as national governments in the euro area during the coronavirus (COVID-19) pandemic to support lending to the real economy. The impact assessment concerns joint, and...
Persistent link: https://www.econbiz.de/10012520884
While small- and medium sized firms in Austria are generally more productive, export more, and engage more in higher technology activities than in comparable countries, they need to adapt better to the knowledge economy to maintain their relative performance levels. The capital structure of...
Persistent link: https://www.econbiz.de/10012203255
policy shocks to bank lending and real activity. We first use a large panel of U.S. banks to show that the sensitivity of … bank profits to interest rates increases significantly with measured income gap, even when banks use interest rate … derivatives. We then document that, in the cross-section of banks, income gap predicts the sensitivity of bank lending to interest …
Persistent link: https://www.econbiz.de/10011974923
financial integration in the market for bank liabilities. I focus on news about economic fundamentals as the key source of … recent Eurozone crisis. Bank balance sheets amplify and propagate fluctuations through three channels when leverage … non-tradable sector assets alter bank lending to tradable sector firms (intra-national spillover channel). Third, domestic …
Persistent link: https://www.econbiz.de/10011975295