Showing 88,861 - 88,870 of 89,678
quantity, banks control firms'' investments. Each bank forms a firm group endogenously and internalizes externalities directly …
Persistent link: https://www.econbiz.de/10014399670
We argue that firm interdependencies, as measured by correlations of stock returns, provide an indicator of systemic risk potential. We find a positive trend in stock return correlations net of diversification effects for a sample of U.S. Large and Complex Banking Organizations over 1988-99....
Persistent link: https://www.econbiz.de/10014399710
Using monthly data for a set of variables, we examine the out-of-sample performance of various variance/covariance models and find that no model has consistently outperformed the others. We also show that it is possible to increase the probability mass toward the tails and to match reasonably...
Persistent link: https://www.econbiz.de/10014399716
greater interest rate competition. Lack of bank deposit market power, including through capital account mobility, may lessen …
Persistent link: https://www.econbiz.de/10014399825
system in Malawi. The financial reform program commenced in 1989 when both the Reserve Bank Act and the Banking Act were … power, high reserve requirements, high central bank discount rate and high inflation …
Persistent link: https://www.econbiz.de/10014399917
The paper analyzes the effects of informational asymmetries on the market structure of the banking industry in a multi-period model of spatial competition. All lenders face uncertainty with regard to borrowers’ creditworthiness, but, in the process of lending, incumbent banks gather...
Persistent link: https://www.econbiz.de/10014399942
The paper presents a supervisory framework that addresses the vulnerabilities of partially dollarized banking systems. The tendency to underprice systemic liquidity risk and currency-induced credit risk creates vulnerabilities that need supervisory responses. The framework seeks to induce agents...
Persistent link: https://www.econbiz.de/10014399999
bank interest margins in that region using bank and country-level data from 85 countries, including 14 Latin American … intermediation, such as inflation and bank profit taxation …
Persistent link: https://www.econbiz.de/10014400065
provide guidance to policymakers regarding bank privatization …
Persistent link: https://www.econbiz.de/10014400089
relationship between banks'' risk of failure, market structure, bank ownership, and banks'' screening and bankruptcy costs. These …,000 bank-year observations for 133 non-industrialized countries during the 1993-2004 period. Four main results obtain. First …, the positive and significant relationship between bank concentration and bank risk of failure found in Boyd, De Nicolò and …
Persistent link: https://www.econbiz.de/10014400121