Showing 1 - 10 of 8,895
This study investigated the impact of banking integration on recipient country bank default risk and, in particular …, whether the type of banking integration moderates that relationship. Using the system generalized method of moments (GMM), the … study found that banking integration lowers bank default risk in recipient countries. The foreign claims that Asian lenders …
Persistent link: https://www.econbiz.de/10012205746
We explore Lithuanian credit register data and two bank closures to provide a novel estimate of firms' bank-switching costs and a novel identification of the hold-up problem. We show that when a distressed bank's closure forced firms to switch, these firms started borrowing at lower interest...
Persistent link: https://www.econbiz.de/10012544446
This paper studies the links between competition in the lending market and spreads of bank loans in Brazil. Evidence from a dataset of more than 13 million loan-level observations from private banks shows a positive relationship between market power, measured by the Lerner index, and the cost of...
Persistent link: https://www.econbiz.de/10012256418
-lived identical households. Then we try to uncover the impact of nominal interest income on the macroeconomy using multiplier theory …
Persistent link: https://www.econbiz.de/10012589330
Biodiversity loss can have direct economic impacts, as it limits the availability of natural resources and increases costs across various industries. When firms face significant risks due to biodiversity loss, their creditworthiness may be jeopardized. This raises concerns for lending...
Persistent link: https://www.econbiz.de/10014465233
banks. We analyze the relationship between FinTech companies and traditional banks based on the barriers-to-entry theory … dominate the banking industry at certain development stages, regulators and practitioners need to prevent monopoly …
Persistent link: https://www.econbiz.de/10013500607
-market implications of this rapid growth of fintech are not known. We build a model with a traditional banking system and endogenous …
Persistent link: https://www.econbiz.de/10014516215
Theory suggests that by lending to a firm, inside banks gain an informational advantage over non-lender outside banks … obtain significantly better loan conditions upon switching. In line with informational hold-up theory, these effects are … driven by reduced information asymmetries, not cross-selling. Our findings have important implications for open banking and …
Persistent link: https://www.econbiz.de/10015179602
This paper develops a formula to numerically estimate the unsubsidized, fair-market value of the toxic assets purchased with Federal Reserve loans. It finds that subsidy rates on these loans were on average 33.9 percent at origination. In contrast, by the 3rd quarter of the 2010, there was on...
Persistent link: https://www.econbiz.de/10013252762
international banking stability. Such policy solutions should then be global in scope. This article instead argues that principles … prudential standards came with high domestic adjustment costs for the German banking sector. Thus, domestic makeshift solutions …
Persistent link: https://www.econbiz.de/10014436557