Narrow search
Showing 1 - 4 of 4
Cover Image
Oil Prices and Bank Profitability
Hesse, Heiko - 2009
This paper analyzes the relationship between oil price shocks and bank profitability. Using data on 145 banks in 11 oil …-exporting MENA countries for 1994-2008, we test hypotheses of direct and indirect effects of oil price shocks on bank profitability …. Our results indicate that oil price shocks have indirect effect on bank profitability, channeled through country …
Persistent link: https://www.econbiz.de/10012677890
Cover Image
Is Banks’ Home Bias Good or Bad for Public Debt Sustainability?
Asonuma, Tamon; Bakhache, Said; Hesse, Heiko - International Monetary Fund (IMF) - 2015
Motivated by the recent increase in domestic banks’ holdings of domestic sovereign debt (i.e., home bias) in the European periphery, this paper analyzes implications of banks’ home bias for the sovereign’s debt sustainability. The main findings, based on a sample of advanced...
Persistent link: https://www.econbiz.de/10011242437
Cover Image
Financial Spillovers to Emerging Markets During the Global Financial Crisis
Frank, Nathaniel; Hesse, Heiko - International Monetary Fund (IMF) - 2009
In this paper potential financial linkages between liquidity and bank solvency measures in advanced economies and …
Persistent link: https://www.econbiz.de/10008528671
Cover Image
Global Market Conditions and Systemic Risk
González-Hermosillo, Brenda; Hesse, Heiko - International Monetary Fund (IMF) - 2009
This paper examines several key global market conditions, such as a proxy for market uncertainty and measures of interbank funding stress, to assess financial volatility and the likelihood of crisis. Using Markov regime-switching techniques, it shows that the Lehman Brothers failure was a...
Persistent link: https://www.econbiz.de/10008460596