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provide much collateral. We document that firms partially offset reduced credit supply by establishing new bank relationships … real economy. We investigate the importance of the bank lending and firm borrowing channel in the international … transmission of bank distress to the real economy—in particular, to real investment and labor employment by nonfinancial firms. We …
Persistent link: https://www.econbiz.de/10011339776
provide much collateral. We document that firms partially offset reduced credit supply by establishing new bank relationships … real economy. We investigate the importance of the bank lending and firm borrowing channel in the international … transmission of bank distress to the real economy - in particular, to real investment and labor employment by nonfinancial firms …
Persistent link: https://www.econbiz.de/10011346644
' long-term leverage choices and an "interim" inefficiency because it distorts agents' short-term liquidity management. I … derive important implications for central bank policy. …
Persistent link: https://www.econbiz.de/10010202960
. Finally, compression of financial wedges, increasing credit risks, and higher liquidity-capital requirements (over 2021 …This document analyses monetary policy effects on transmission of credit interest rates in Colombia with particular … attention to the period of global liquidity spurred by the COVID-pandemic during 2020-2022. Challenges for banks operating in …
Persistent link: https://www.econbiz.de/10013234279
variances, nine ratios for 76 banks are studied to compare measures of liquidity, credit risk, profitability, and efficiency. It …This paper investigates the effects that the credit crunch has had on the normal differences of Gulf Co … suggests that even though conventional banks were statistically more profitable and efficient with superior liquidity risk …
Persistent link: https://www.econbiz.de/10013146809
higher levels of common equity, were better able to maintain credit supply when faced with liquidity shocks during the crisis …. One mechanism behind this effect was that banks in better financial health experienced a lower cost of funds. Bank … of credit and economic performance after large financial sector shocks …
Persistent link: https://www.econbiz.de/10012938512
This study investigates whether fluctuations in credit supply in a macroeconomy and a relational bank's financial … effects of credit market tightness are more evident for small firms. Examining firm-bank matched data, we also find that … firms adjust their capital structure slower during credit contraction periods than during other periods, and that the …
Persistent link: https://www.econbiz.de/10012890523
affects bank lending depends on whether the banks are drawing on official-sector liquidity facilities. Third, liquidity … financial crisis. Yet we know little about the actual magnitudes and mechanisms for transmission of liquidity shocks through … studies conducted in eleven countries to explore liquidity risk transmission. Among the main results is, first, that …
Persistent link: https://www.econbiz.de/10010404142
affects bank lending depends on the whether the banks are drawing on official sector liquidity facilities. Third, liquidity … heterogeneity in the balance sheet characteristics that affect banks’ responses to liquidity risk. Overall, bank balance sheet … financial crisis. Yet, we know little about the actual magnitudes and mechanisms for transmission of liquidity shocks through …
Persistent link: https://www.econbiz.de/10010393856
credit lines drawn by firms during the 2007-09 crisis, this provision of liquidity by banks was only possible because of …Can banks maintain their advantage as liquidity providers when exposed to a financial crisis? While banks honored their … was insufficient to cover loan-to-deposit shortfalls and they reduced new credit …
Persistent link: https://www.econbiz.de/10013091384