Showing 31 - 40 of 145,946
I revisit the Diamond-Dybvig model of liquidity insurance in the presence of hidden trades. The key result is that in this environment deposit-taking banks are not necessary for the efficient provision of liquidity. Mutual funds are constrained efficient when supplemented with the same...
Persistent link: https://www.econbiz.de/10011327337
measure the managing of liquidity. While Bank liquidity was affected by the crisis, bank performance remained relatively …
Persistent link: https://www.econbiz.de/10012833413
The purpose of this study is to measure the impact of liquidity on the performance of Russian banks (2008-17) to assess the efficiency of Russian banks in liquidity management to determine whether liquidity risk is reasonably priced. This study uses multiple regression analysis and DEA analysis...
Persistent link: https://www.econbiz.de/10012824039
We build a market equilibrium model of loan securitization as an alternative explanation of the cause of the recent Financial Crisis where there was initially deteriorating loan quality but coupled with aggressive securitization, and later investors “flight to quality” and market...
Persistent link: https://www.econbiz.de/10012978715
Since the 2007–09 crisis, tougher bank liquidity regulation has been imposed which aims to ensure banks an survive a … productive lending. In this paper we build a bank run model with a unique equilibrium where solvent banks can fail due to …
Persistent link: https://www.econbiz.de/10012928250
Since the 2007–09 crisis, tougher bank liquidity regulation has been imposed which aims to ensure banks can survive a … productive lending. In this paper we build a bank run model with a unique equilibrium where solvent banks can fail due to …
Persistent link: https://www.econbiz.de/10012929570
I study how liquidity information influences banks' liquidity holdings, using the disclosure of bank liquidity coverage … information on banks' strategic interactions in holding liquidity. I use bank network relationships to measure how much a bank …
Persistent link: https://www.econbiz.de/10013222523
The failure of Lehman Brothers highlighted the severe lapses in risk management and regulatory oversight that brought on and intensified the global financial crisis. This paper presents a structural credit risk model that provides useful early warning signals that regulators could have used to...
Persistent link: https://www.econbiz.de/10013035485
performance effects of financial distress and mitigates strategic complementarities. Parent bank flows during distress periods … financial institutions, and further highlight the potential benefits of bank-affiliation for fund investors …
Persistent link: https://www.econbiz.de/10012828417
This paper investigates the relationship between bank funding costs and solvency for a large sample of euro area banks … relationship between bank solvency, on the one hand, and senior bond yields, term deposit rates and overnight deposit rates, on the … other. The analysis finds a significant negative relationship between bank solvency and the different types of funding costs …
Persistent link: https://www.econbiz.de/10012139725