Showing 154,981 - 154,990 of 155,003
. Speciftcally, we investigate whether loans that are pledgeable as collateral for central bank borrowing have lower liquidity premia … Bank of Finland after the COVID-19 pandemic in 2020 and loanlevel corporate credit data from the Finnish implementation of … Anacredit. Our main result is that we do not ftnd evidence that collateral pool expansions by the central bank signiftcantly …
Persistent link: https://www.econbiz.de/10014581729
Global liquidity flows are largely channeled through banks and nonbank financial institutions. The common drivers of global liquidity flows include monetary policy in advanced economies and risk conditions. At the same time, the sensitivities of liquidity flows to changes in these drivers differ...
Persistent link: https://www.econbiz.de/10014581735
We use high-frequency interbank payments data to trace deposit flows in March 2023 and identify twenty-two banks that suffered a run - significantly more than the two that failed but fewer than the number that experienced large negative stock returns. The runs were driven by large...
Persistent link: https://www.econbiz.de/10014581757
contained in the June bank Call Reports, we find that small commercial and industrial (C&I) loans add value to community banks …
Persistent link: https://www.econbiz.de/10014581777
We examine how investors' perception of bank balance sheet risk evolved before and during the March-April 2023 bank run …. To do so, we estimate the covariance ("beta") of bank excess stock returns with returns on factors constructed from long … bank risk shifted in both the time series and the cross-section. From January 2022 to February 2023, both factor betas were …
Persistent link: https://www.econbiz.de/10014581782
effect on bank credit decisions because actual credit limits are almost always substantially lower than reasonable ATP limits … unimportant for credit limit changes from either a regulatory or bank profitability standpoint. …
Persistent link: https://www.econbiz.de/10014581809
In this paper, we introduce a model to study the interaction between insurance and banking. We build on the Federal Crop Insurance Act of 1980, which significantly expanded and restructured the decades-old federal crop insurance program and adverse weather shocks - over-exposure of crops to heat...
Persistent link: https://www.econbiz.de/10014581880
enhance the quality of the analysis by using direct measures of firms' spending on bank relationships and their financial … constraints, drawn from a recent survey on SMEs in China. Our findings are twofold. On one hand, bank relationship spending … SMEs to secure more bank credit and longer-term loans, it also results in higher interest rates, increased guarantee …
Persistent link: https://www.econbiz.de/10014581890
We develop a structural model of the global banking network and analyze its role in facilitating risk sharing and amplifying shocks across countries and over time. Using bilateral international lending data, we uncover significant heterogeneity in the willingness and capacity of banks to provide...
Persistent link: https://www.econbiz.de/10014581898
We develop a structural model of the global banking network and analyze its role in facilitating risk sharing and amplifying shocks across countries and over time. Using bilateral international lending data, we uncover significant heterogeneity in the willingness and capacity of banks to provide...
Persistent link: https://www.econbiz.de/10014529108