Search Results - subject:"Maturity mismatch"

Milne, Alistair - In: Economics - The Open-Access, Open-Assessment E-Journal 7 (2013), pp. 1-31

A fundamental cause of the global financial crisis was excessive maturity mismatch, notably shadow banking holdings of …

Persistent link: https://www.econbiz.de/10010954796

Maturity Mismatch and Financial Crises: Evidence from Emerging Market Corporations

Bleakley, Hoyt; Cowan, Kevin - 2005

Substantial attention has been paid in recent years to the risk of maturity mismatch in emerging markets. Although this … the prediction of the maturity-mismatch hypothesis. This conclusion is robust to using a variety of different estimators …

Persistent link: https://www.econbiz.de/10010327059

Nonrecourse financing and securitization

Kobayashi, Mami; Osano, Hiroshi - In: Journal of Financial Intermediation 21 (2012) 4, pp. 659-693

We consider the role of the nonrecourse financing of securitization by a financial institution (FI). Our model suggests that even though the FI has the opportunity to provide liquidity support afterward, it is optimal for the FI to use the nonrecourse financing of securitization initially,...

Persistent link: https://www.econbiz.de/10010765478

Currency mismatch, uncertainty and debt maturity structure

Bussière, Matthieu; Fratzscher, Marcel; Koeniger, Winfried - 2004

mismatch- and (ii) borrowing is constrained by solvency, then currency mismatch can create and exacerbate a maturity mismatch …

Persistent link: https://www.econbiz.de/10011604455

Currency Mismatch, Uncertainty and Debt Structure

Koeniger, Winfried; Bussiere, Matthieu; Fratzscher, Marcel - Econometric Society - 2004

maturity mismatch. In particular, higher economic or political uncertainty tightens solvency constraints and tilts the debt … profile towards short-term debt. The combination of currency mismatch and maturity mismatch increases the volatility of output …

Persistent link: https://www.econbiz.de/10005342249

Currency mismatch, uncertainty and debt maturity structure

Bussière, Matthieu; Fratzscher, Marcel; Koeniger, Winfried - European Central Bank - 2004

mismatch- and (ii) borrowing is constrained by solvency, then currency mismatch can create and exacerbate a maturity mismatch …

Persistent link: https://www.econbiz.de/10005162930

Maturity Mismatch and Financial Crises: Evidence from Emerging Market Corporations

Bleakley, Hoyt C; Cowan, Kevin - Department of Economics, University of California-San … - 2004

Substantial attention has been paid in recent years to the risk of maturity mismatch in emerging markets. Although this … the maturity-mismatch hypothesis. This conclusion is robust to using a variety of different estimators, alternative …

Persistent link: https://www.econbiz.de/10010536456

Origins of the Maturity and Currency Mismatches in the Balance Sheet of Emerging Countries: a Theoretical Approach

Bunda, Irina - HAL - 2003

The aim of this paper is to highlight the origins of the currency and maturity mismatches in the balance sheets of emerging countries. We show that short-term debt in the form of demandable debt works as a commitment device of the financial intermediary and as a form of protection of foreign...

Persistent link: https://www.econbiz.de/10008789653

Bank Disclosure and Market Assessment of Financial Fragility: Evidence from Turkish Banks’ Equity Prices

Penas, María; Tümer-Alkan, Günseli - In: Journal of Financial Services Research 37 (2010) 2, pp. 159-178

Persistent link: https://www.econbiz.de/10008552590

Maturity mismatch and financial crises: Evidence from emerging market corporations

Bleakley, Hoyt; Cowan, Kevin - In: Journal of Development Economics 93 (2010) 2, pp. 189-205

Substantial attention has been paid in recent years to the risk of maturity mismatch in emerging markets. Although this …. We measure the risk of maturity mismatch by estimating, at the firm level, the effect on investment of the interaction of … maturity-mismatch hypothesis. This conclusion is robust to using a variety of different estimators, alternative measures of …

Persistent link: https://www.econbiz.de/10008867102

First
Prev
1
2
3
4
5
6
7
8
9
10