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Persistent link: https://www.econbiz.de/10011790739
cycle. With forward-looking banks, lending cycles, credit booms and busts, or suppressed and highly fragile bank systems can …-taking without fully hampering credit intermediation. …
Persistent link: https://www.econbiz.de/10010341626
SUERF – The European Money and Finance Forum, the Deutsche Bundesbank and the Institute for Monetary and Financial Stability (IMFS) took the opportunity of the first anniversary of this new institution to organise a joint conference in Berlin on 8-9 November 2011. The purpose of this event was...
Persistent link: https://www.econbiz.de/10011711529
years preceding the crisis, has been highly financed by securitization. The paper investigates how borrowers with subprime … characteristics influence the transmission mechanism of business cycles in the economy and whether the securitization of subprime … effects) and that under certain circumstances the securitization of subprime loans (in form of residential mortgage backed …
Persistent link: https://www.econbiz.de/10010486705
between credit risk and liquidity risk of banks. This interaction is found to make a risk neutral bank behave as if it were … money market destroys endogenous risk aversion and allows banks to manage credit risk and liquidity risk independently. The …
Persistent link: https://www.econbiz.de/10010344667
We develop a theoretical model of mortgage loss rates that evaluates their main underlying risk factors. Following the model, loss rates are positively influenced by the house price level, the loan-to-value of mortgages, interest rates, and the unemployment rate. They are negatively influenced...
Persistent link: https://www.econbiz.de/10010489294
. 1520-1550) / Klas Nyberg & HÃ-kan Jakobsson -- Negotiations, credit and trust in northern Europe : institutional efficiency … complex and international insolvencies in early modern Venice / Viera Rebolledo-Dhuin -- Below and beyond bankruptcy : credit …
Persistent link: https://www.econbiz.de/10011418294
In September 2009, G20 representatives called for introducing a minimum leverage ratio as an instrument of financial regulation. It is supposed to assure a certain degree of core capital for banks, independent of the controversial procedures used to assess risk. This paper discusses the...
Persistent link: https://www.econbiz.de/10010340012
On 3 December EY hosted a SUERF conference on banking reform with Sir Howard Davies, the Chairman of RBS, and Dame Colette Bowe, the Chairman of the Banking Standards Board, as the two keynote speakers. Professor David Miles (Imperial College) gave the SUERF 2015 Annual Lecture on Capital and...
Persistent link: https://www.econbiz.de/10011554963