Showing 71 - 80 of 245
(2000), we provide a model of international contagion allowing for bank bail-outs financed by distortionary taxes. In the …
Persistent link: https://www.econbiz.de/10010270212
Shocks in the financial sector caused the great recession of 2008 and pulled down the real economy. To implement financial dynamics in a stylized DSGE-framework we use behavioral elements in expectations to produce waves of bull and bear cycles in the financial intermediation process, that have...
Persistent link: https://www.econbiz.de/10010305923
which we have full information on credit rationing from the Survey of Industrial and Service Firms from Bank of Italy … been less rationed during the 2008-09 financial crisis. This result holds when we consider also the firm and bank … characteristics, the shape of the bank-firm relationship, and the features of the local credit market where the firm is located. Our …
Persistent link: https://www.econbiz.de/10011397452
Cross border transactions are conducted using different payment contracts, the usage of which varies across countries and over time. In this paper I build a model that can explain this observation and study implications from this for international trade. In the model exporters optimally choose...
Persistent link: https://www.econbiz.de/10010270206
liquidity deficit will prefer to borrow liquidity from the central bank rather than from surplus banks in the interbank market …. This implies that the central bank assumes an intermediary function. From a policy perspective, we argue that possible …
Persistent link: https://www.econbiz.de/10010270264
In this paper, we analyse whether bank owners or bank managers were the driving force behind the risks incurred in the … manager-controlled banks. The results are robust to controlling for a wide variety of bank specific, country specific …, regulatory and legal variables. Regulation does not seem to mitigate risk taking by bank owners. We find no evidence that profit …
Persistent link: https://www.econbiz.de/10010270291
European Central Bank for the real economic downturn caused by the financial crisis. …
Persistent link: https://www.econbiz.de/10010270738
Trust in financial institutions is of great importance for financial intermediation. Against this background, we study two questions: Has trust in banks declined during the global financial crisis and what factors determine the level of trust in banks? Employing survey evidence from Austrian...
Persistent link: https://www.econbiz.de/10010273616
commercial banks, as well as the crisis itself. We rely on the data of the Bank of Estonia. Unfortunately, only consolidated data …
Persistent link: https://www.econbiz.de/10011400624
paper provides an overview of the existing research regarding bank reputation in the Republic of Croatia. As corporate … the internal and external dimensions of their CSR and their relation to a bank’s reputation. …
Persistent link: https://www.econbiz.de/10012141502