Showing 155,531 - 155,540 of 156,334
Persistent link: https://www.econbiz.de/10011092048
. Using a model of a systemic bank suffering from liquidity shocks, we find that the unregulated bank keeps too much liquidity … induces moral hazard. Therefore, we introduce a fiscal authority that is able to bail out the bank by injecting capital. This …
Persistent link: https://www.econbiz.de/10011092076
Conglomeration and consolidation in the financial system broaden the activities financial institutions are undertaking and cause them to become more homogenous.Although resulting diversification gains make each institution appear less risky, we argue that financial stability may not improve as...
Persistent link: https://www.econbiz.de/10011092106
financial crisis. For identification, we use matched bank-firm level data, including many small and medium-sized firms, in … time have a relationship with an internationally-borrowing domestic or a foreign bank (as compared to a locally …-funded domestic bank) suffer more in their financing and real performance. Single-bank-relationship firms, small firms and firms with …
Persistent link: https://www.econbiz.de/10011092141
We analyse the impact of monetary policy on bank risk-taking and pricing. Bolivia provides us with an excellent … impact of the federal funds rate on the riskiness and pricing of new bank loans granted in Bolivia between 1999 and 2003, a … rate prior to loan origination raises the monthly probability of default on individual bank loans. We also find that …
Persistent link: https://www.econbiz.de/10011092146
We study the functioning and possible breakdown of the interbank market due to asymmetric information about counterparty risk. We allow for privately observed shocks to the distribution of asset risk across banks after the initial portfolio of liquid and illiquid investments is chosen. Our model...
Persistent link: https://www.econbiz.de/10011092152
We analyze gender differences associated with loan officer performance. Using a unique data set for a commercial bank …
Persistent link: https://www.econbiz.de/10011092156
competition on bank orientation - i.e., the choice of relationship based versus transactional banking.We empirically investigate … the impact of interbank competition on bank branch orientation.We employ a unique data set containing detailed information … on bank-firm relationships.We find that bank branches facing stiff local competition engage considerably more in …
Persistent link: https://www.econbiz.de/10011092217
manufacturing firms. In order to disentangle the impact of bank ties on the discovery phase from that in the introduction phase of …
Persistent link: https://www.econbiz.de/10011092225
One of the most important recent innovations in financial markets has been the development of credit derivative products that allow banks to more actively manage their credit portfolios than ever before.We analyze the effect that access to these markets has had on the lending behavior of a...
Persistent link: https://www.econbiz.de/10011092253