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Credit Default Swaps and Bank Loan Sales : Evidence from Bank Syndicated Lending

Hasan, Iftekhar - 2017

. The credit-enhancement channel predicts a positive relation between banks' CDS selling and loan sales. Using syndicated … substitute channel, and the credit-enhancement channel plays an important role in bank loan sales …

Persistent link: https://www.econbiz.de/10012971614

Two Extensive Margins of Credit and Loan-to-Value Policies

Gete, Pedro - 2017

We analyze a model of mortgage markets, housing tenure choice, heterogeneous agents, and default with closed form solutions. We uncover new insights which may inspire empirical work, and we ground already-established insights in a series of tractable expressions. Then we study optimal LTV...

Persistent link: https://www.econbiz.de/10012972322

The Impact of Government Intervention in Banks on Corporate Borrowers’ Stock Returns

Norden, Lars - 2017

Moving into and out of a financial and banking crisis is likely to be associated with spillover effects from the banking sector to the corporate sector. We investigate whether and how government interventions in the U.S. banking sector influence the stock market performance of corporate...

Persistent link: https://www.econbiz.de/10012975392

Whose Credit Line is it Anyway : An Update on Banks' Implicit Subsidies

Gudmundsson, Tryggvi - 2016

The post-crisis financial sector framework reform remains incomplete. While capital and liquidity requirements have been strengthened, doubts remain over other aspects, including the fact that expectations of government support for systemically-important banks (SIBs) remain intact. In this...

Persistent link: https://www.econbiz.de/10012977356

Loss Given Default for Commercial Loans at Failed Banks

Shibut, Lynn - 2016

This paper extends what we know about loss given default (LGD) on commercial loans by studying certain types of these loans that have been excluded from previous research but that may be more representative of loans held by small and mid-sized banks. We use a newly available dataset on...

Persistent link: https://www.econbiz.de/10013002186

Finance and Growth at the Firm Level : Evidence from SBA Loans

Brown, J. David - 2016

imply an increase of 3 to 3.5 jobs for each million dollars of loans, suggesting real effects of credit constraints …. Estimated impacts are stronger for younger and larger firms and when local credit conditions are weak, but we find no clear …

Persistent link: https://www.econbiz.de/10013004055

Credit Supply Disruptions : From Credit Crunches to Financial Crisis

Peek, Joe - 2015

highlights a literature that began more than 20 years ago associated with the bank credit crunch of the early 1990s. It is useful …

Persistent link: https://www.econbiz.de/10013012450

Do FinTech Lenders Fairly Allocate Loans Among Investors? Quid Pro Quo and Regulatory Scrutiny in Marketplace Lending

Chiu, Liting - 2020

Marketplace lending platforms select which investors will have the opportunity to fund loans. Platforms claim to fairly allocate loans between retail and institutional investors, but we provide evidence that contradicts this claim. Institutional investors are allocated loans with lower default...

Persistent link: https://www.econbiz.de/10012850948

Credit Ratings and the Hold-Up Problem in the Loan Market : Evidence from a Public Intervention

Cahn, Christophe - 2020

This paper studies whether credit ratings can alleviate the hold-up problem between small opaque firms and informed … expensive bank credit, especially from new and less informed lenders. Consequently, they rely less on the informationally … powerful lender and invest more. We conclude that credit ratings reduce the informational gap between lenders and erode the …

Persistent link: https://www.econbiz.de/10012853436

CEO compensation and bank loan contract

Liu, Chen - 2020

maturity. These loan terms indicate higher screening effort and borrower credit quality, consistent with the credit quality …

Persistent link: https://www.econbiz.de/10012854554