Theory suggests that people facing higher uninsurable background risk buy more insurance against other risks that are … insurance increases with earnings uncertainty. …

The paper offers theoretical and empirical insights into the links between banks and firms in industrial districts and … industrial districts� social context. District banks should thus be distinguished by such features as greater concentration of … lending, greater concentration of market shares and the cooperative legal form. Counteracting forces (e.g. excessive risk …

subsidiaries for a representative sample of nearly 2,500 OECD banks. The results show that the banks with cross … local banks' inefficiency. These factors are overall more important in banks� decisions than those related to the degree …

introduce relevant organizational changes. In general firms do not perceive any relevant change in banks' behaviour, but there … is some dispersion in the answers on banks' reactions in credit availability and conditions. A trend towards reduction in …

banks in the sample, according to their systemic importance scores. The methodology is then applied to EU and Eurozone … samples of banks to obtain their systemic importance ranking and SIFI lists. This is one of the first methodologies capable of … identifying systemically relevant banks at the European level. A statistical analysis and some geographical and historical …

derivatives use according to the most important literature in financial risk management. By using the Italian credit register and … risk indicators the analysis finds a relation between high derivative exposure and financial distress. In the use of …

During the financial crisis banks faced liquidity shocks, and lending slowed down. The reduction in credit availability … needs; on the other hand, the tightening of credit supply was the result of banks� greater risk-aversion, difficulties in … raising funds, and a worsening in the creditworthiness of borrowers. However, banks do not pass on liquidity shocks to …

We document the development of the major international banks since the late 1990s, analysing balance-sheet data for 27 …, revealed all its shortcomings when the crisis erupted. European banks displayed greater fragilities in their business models …