Showing 101 - 110 of 157,442
Persistent link: https://www.econbiz.de/10011941170
Persistent link: https://www.econbiz.de/10011905063
We study the transmission of financial shocks across borders through international bank connections. Using data on … reduce bank returns and tighten credit conditions for borrowers, constraining investment and growth. The effects are larger …
Persistent link: https://www.econbiz.de/10012181946
Persistent link: https://www.econbiz.de/10012135202
Persistent link: https://www.econbiz.de/10012170441
countries where firms borrowed more from domestic banks ("domestic bank dependence") than in countries where firms borrowed more … vulnerable to global banking shocks. We confirm, using a calibrated quantitative model, that domestic bank dependence makes …
Persistent link: https://www.econbiz.de/10012119808
Persistent link: https://www.econbiz.de/10011729380
Persistent link: https://www.econbiz.de/10012593520
We quantify the gains from regulating maturity transformation in a model of banks which finance long-term assets with non-tradable debt. Banks choose the amount and maturity of their debt trading off investors' preference for short maturities with the risk of systemic crises. Pecuniary...
Persistent link: https://www.econbiz.de/10011974655
Persistent link: https://www.econbiz.de/10014549827