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Using unique data of a survey among small and medium-sized German banks, we analyze various aspects of risk management over a short-term and medium-term horizon. We especially analyze the effect of a 200-bp increase in the interest level. We find that, in the first year, the impairments of...
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moves in sync with the shape of the term structure. At bank level, however, the time variation of the exposure is largely …
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moves in sync with the shape of the term structure. At bank level, however, the time variation of the exposure is largely …
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moves in sync with the shape of the term structure. At bank level, however, the time variation of the exposure is largely …
Persistent link: https://www.econbiz.de/10012989244