Showing 1 - 10 of 148
In the wake of the still ongoing global financial crisis, bank interdependencies have come into focus in trying to …, this study attempts to gain further insight into bank interconnections by tapping into financial discourse. We present a … text-to-network process, which has its basis in co-occurrences of bank names and can be analysed quantitatively and …
Persistent link: https://www.econbiz.de/10013001190
parent bank. We fi nd that the rise in counterparty risk substantially decreased the probability of obtaining funds from …
Persistent link: https://www.econbiz.de/10012962465
Markets Programme (SMP). Using detailed security holdings data at the bank level, we show that banks exposed to this …
Persistent link: https://www.econbiz.de/10012963132
between productivity and bank credit in the context of different financial market set-ups, we introduce a model of overlapping … and Italy to explore the relation between bank credit and productivity following the main derivations of the model. We … estimate an extended set of elasticities of bank credit with respect to a series of productivity measures of firms. We focus …
Persistent link: https://www.econbiz.de/10012963911
and are more resilient to negative shocks than its less efficient peers. For this purpose, we measure a bank … results provide evidence to the importance of swiftly restoring bank profitability in euro area crisis countries through … addressing high non-performing loans ratios and decisive actions on bank recapitalization …
Persistent link: https://www.econbiz.de/10012963950
We study the impact of increasingly negative central bank policy rates on banks' propensity to become undercapitalized …
Persistent link: https://www.econbiz.de/10012947962
hampered the smooth transmission of accommodative monetary policy. Using bank level data from 2007 to 2015, we directly measure … bank in the same month for loans to small and large firms (the "Small Firm Financing Premium", SFFP). We assess the role … played by both bank and macroeconomic factors in explaining the variation in the SFFP across countries and through time. We …
Persistent link: https://www.econbiz.de/10012949926
We propose a novel observation-driven finite mixture model for the study of banking data. The model accommodates time-varying component means and covariance matrices, normal and Student's t distributed mixtures, and economic determinants of time-varying parameters. Monte Carlo experiments...
Persistent link: https://www.econbiz.de/10012953105
We investigate the consequences of overleveraging and the potential for destabilizing effects from financial- and real-sector interactions. In a theoretical framework, we model overleveraging and indicate how a highly leveraged banking system can lead to unstable dynamics and downward spirals....
Persistent link: https://www.econbiz.de/10012953415
This paper addresses the trade-off between additional loss-absorbing capacity and potentially higher bank risk …
Persistent link: https://www.econbiz.de/10012953806