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banks in individual EU countries help to explain the nature of cross-border merger activity. If they wish to protect …
Persistent link: https://www.econbiz.de/10012463202
EU financial safety nets are social contracts that assign uncertain benefits and burdens to taxpayers in different … develops a way to estimate how well markets and regulators in 14 of the EU-15 countries have controlled deposit … safety-net benefits for individual EU financial institutions. For stockholder-owned banks, input data feature 1993-2004 data …
Persistent link: https://www.econbiz.de/10012464865
This paper models and estimates ex ante safety-net benefits at a sample of large banks in US and Europe during 2003-2008. Our results suggest that difficult-to-fail and unwind (DFU) banks enjoyed substantially higher ex ante benefits than other institutions. Safety-net benefits prove...
Persistent link: https://www.econbiz.de/10012461870