Similar Search Results

When banks' shadow fades and shadow banking rises: Securitization and loan performance in China

Gong, Di; Wu, Jin; Zhu, Jigao - 2023

This study examines the relationship between securitization and loan performance using proprietary loan-level data from … retained on the bank's balance sheet, suggesting no adverse selection or moral hazard within the Chinese securitization market … alters banks' business model and eliminates other options of credit risk transfer except for securitization, we show worse …

Persistent link: https://www.econbiz.de/10014363823

Do Islamic banks have greater market power?

Weill, Laurent - Siirtymätalouksien tutkimuslaitos, Suomen Pankki - 2010

The aim of this paper is to investigate whether Islamic banks have greater market power than con-ventional banks. An Islamic bank, for example, might enjoy enhanced market power if a captive clientele adhering to religious principles permits it to charge higher prices. To measure market power,...

Persistent link: https://www.econbiz.de/10008540683

Market Discipline and Deposit Insurance in Russia

Peresetsky, Anatoly - Siirtymätalouksien tutkimuslaitos, Suomen Pankki - 2008

The paper presents a study of Russian banks' interest rates on household deposits during the formation period of the deposit insurance system. It is shown that market discipline weakened after deposit insurance was effectively in place.

Persistent link: https://www.econbiz.de/10005419587

Liquidity matters: Evidence from the Russian interbank market

Kares, Alexei; Schoors, Koen; Lanine, Gleb - Siirtymätalouksien tutkimuslaitos, Suomen Pankki - 2008

We suggest an additional transmission channel of contagion on the interbank market - the liquidity channel. Examining the Russian banking sector, we and that the liquidity channel contributes significantly to understanding and predicting interbank market crises. Interbank market stability...

Persistent link: https://www.econbiz.de/10005419607

Models for Moody’s bank ratings

Peresetsky, Anatoly; Karminsky, Alexander - Siirtymätalouksien tutkimuslaitos, Suomen Pankki - 2008

The paper presents an econometric study of the two bank ratings assigned by Moody's Investors Service. According to Moody’s methodology, foreign-currency long-term deposit ratings are assigned on the basis of Bank Financial Strength Ratings (BFSR), taking into account “external bank support...

Persistent link: https://www.econbiz.de/10005419623

Banking structure, marketization and small business development: Regional evidence from China

Hasan, Iftekhar; Kobeissi, Nada; Wang, Haizhi; Zhou, … - Siirtymätalouksien tutkimuslaitos, Suomen Pankki - 2015

This paper provides an empirical examination of the regional banking structures in China and their effects on entrepreneurial activity. Using a panel of 27 provinces and four directly controlled municipalities from 1997 through 2008, we find that the presence of large banking institutions...

Persistent link: https://www.econbiz.de/10011252626

Disentangling loan demand and supply shocks in Russia

Deryugina, Elena; Kovalenko, Olga; Pantina, Irina; … - Siirtymätalouksien tutkimuslaitos, Suomen Pankki - 2015

This article presents three alternative models for decomposing loan developments into components associated with changes in loan demand and supply fundamentals. Two models are based on macro data (error correction model and structural vector autoregression with sign restrictions) and one is...

Persistent link: https://www.econbiz.de/10011204443

Does bank liquidity creation contribute to economic growth? Evidence from Russia

Fidrmuc, Jarko; Fungácová, Zuzana; Weill, Laurent - Siirtymätalouksien tutkimuslaitos, Suomen Pankki - 2015

The financial crisis has shown that the liquidity creation function of banks is critical for the economy. In this paper, we empirically investigate whether bank liquidity creation fosters economic growth in a large emerging market, Russia. We follow the methodology of Berger and Bouwman (2009)...

Persistent link: https://www.econbiz.de/10011204444

Market Structure, Welfare, and Banking Reform in China

Ho, Chun-Yu - Siirtymätalouksien tutkimuslaitos, Suomen Pankki - 2009

This paper examines the effects of market deregulation on consumers and state commercial banks in China, a large developing country. I jointly estimate a system of differentiated product demand and pricing equations under alternative market structures. While China's banking reforms overall have...

Persistent link: https://www.econbiz.de/10008626078

The effect of foreign bank presence on firm entry and exit in transition economies

Havrylchyk, Olena - Siirtymätalouksien tutkimuslaitos, Suomen Pankki - 2011

This study investigates the impact of foreign bank penetration on firm entry in Central and Eastern Europe. Acquisition of domestic banks by foreign investors has lowered rates of firm creation, decreased the average size of entrants, and increased firm exit in industries with greater...

Persistent link: https://www.econbiz.de/10009146903

1
2
3
4
5
6
7
8
9
10
Next
Last