Showing 1 - 10 of 15,347
the existence of a public interest to resolve an ailing bank, rather than to open normal insolvency proceedings (NIPs … economy stemming from a bank's failure under NIPs through the interruption of the lending activity ("credit channel"). The … and households due to the abrupt closure of a bank. In a second step, the impact of the credit shortfall on real outcomes …
Persistent link: https://www.econbiz.de/10012550336
well as national governments in the euro area during the coronavirus (COVID-19) pandemic to support lending to the real …
Persistent link: https://www.econbiz.de/10012520884
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
Persistent link: https://www.econbiz.de/10012887462
Persistent link: https://www.econbiz.de/10012798022
The COVID-19 pandemic led to a sharp contraction of economic activity in the euro area (and worldwide). Its anatomy differs strongly from other crises in recent history. We analyse the short-term economic effects of the COVID-19 shock through the lens of an estimated DSGE model. We augment the...
Persistent link: https://www.econbiz.de/10012650032
This paper analyzes the effect of bank recapitalizations on lending, funding and asset quality of European banks …
Persistent link: https://www.econbiz.de/10011975004
, 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
Persistent link: https://www.econbiz.de/10012802463
Persistent link: https://www.econbiz.de/10012798016