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A model of imperfectly competitive banks is examined under asymmetric information about borrower quality. Greater bank … empirical results on the relationship between bank competition and financial stability. The model can be used to define a …
Persistent link: https://www.econbiz.de/10013028276
This paper examines the power of different contractual mechanisms to influence an originator’s choice of costly effort to screen borrowers when the originator plans to securitise its loans. The analysis focuses on three potential mechanisms: the originator holds a “vertical slice”, or...
Persistent link: https://www.econbiz.de/10009138474
This paper examines the power of different contractual mechanisms to influence an originator's choice of costly effort to screen borrowers when the originator plans to securitise its loans. The analysis focuses on three potential mechanisms: the originator holds a “vertical slice,” or share...
Persistent link: https://www.econbiz.de/10013095602
to idiosyncratic factors. In particular, the bank-specific credit growth rates - usually thought of as a measure of …
Persistent link: https://www.econbiz.de/10012997194
for banking when comparing cross-border positions with domestic credit, using the most extensive dataset on global bank …
Persistent link: https://www.econbiz.de/10012948797
This paper argues that the decline in cross-border banking since 2007 does not amount to a broad-based retreat in international lending ("financial deglobalisation"). We show that BIS international banking data organised by the nationality of ownership ("consolidated view") provide a clearer...
Persistent link: https://www.econbiz.de/10012953022
How susceptible to contagion are bank deposits associated with financial inclusion? To shed light on this question, we … analyze the behavior of deposits of different account sizes around three significant bank closures in the Philippines. When we … large deposits at the town level, we find no evidence that the closure of a large bank leads to withdrawals by depositors at …
Persistent link: https://www.econbiz.de/10012919124
Bank capital ratios have increased steadily since the financial crisis. For a sample of 94 large banks from advanced …
Persistent link: https://www.econbiz.de/10013055966
-linearities arising in the vicinity of the lower bound. Moreover, balance sheet easing policies enhance bank level resilience overall …
Persistent link: https://www.econbiz.de/10012896703
. Many empirical studies suggest that financial reform promoted bank competition in most mature and emerging economies …. However, some earlier studies that adopted conventional approaches to measure competition concluded that bank competition in … specifications and estimation methods. All in all, our analysis suggests that bank lending markets in China have been more …
Persistent link: https://www.econbiz.de/10013059565