Showing 1 - 10 of 996
Persistent link: https://www.econbiz.de/10011604338
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
This study investigates if the Troubled Asset Relief Program (TARP) distorted price competition in U.S. banking …
Persistent link: https://www.econbiz.de/10013020652
policy period, change in banks’ competitive behaviour affected the bank lending channel and discouraged banks from taking …
Persistent link: https://www.econbiz.de/10014257207
approach is able to measure competition of bank market segments, such as the loan market, whereas many well-known measures of … ignores differences in bank product quality and design, as well as the attractiveness of innovations. We measure competition …This paper is the first that applies a new measure of competition, the Boone indicator, to the banking industry. This …
Persistent link: https://www.econbiz.de/10011604814
the effect of competition on realised bank risk (i.e. more intense competition and greater use of securitisation is … impact of competition on realised risk. It follows that cooperation between supervisory and competition authorities is … warranted to account for the stability implications of financial innovation and capital regulation …
Persistent link: https://www.econbiz.de/10013054085
We assess the impact of the Eurosystem's Targeted Long-Term Refinancing Operations (TLTROs) on the lending policies of euro area banks. We first build a theoretical model in which banks compete in the credit and deposit markets. We distinguish between direct and indirect effects. Direct effects...
Persistent link: https://www.econbiz.de/10012844182
approach is able to measure competition of bank market segments, such as the loan market, whereas many well - known measures of …This paper is the first that applies a new measure of competition, the Boone indicator, to the banking industry. This … competition can consider the entire banking market only. A caveat of the Boone - indicator may be that it assumes that banks …
Persistent link: https://www.econbiz.de/10013317045
We study the effect of interbank market integration on small firm finance in the build-up to the 2007-2008 financial crisis. We use a comprehensive data set that contains contract terms on individual loans to 6,047 firms across 14 European countries between 1998:01 and 2005:12. We account for...
Persistent link: https://www.econbiz.de/10013137713
In this paper, we empirically investigate the impact of intensified competition on rating quality in the credit rating … market for residential mortgage-backed securities (RMBS) in the period 2017-2020. We provide evidence that competition … rating should solely represent the underlying credit risk of a RMBS, irrespective of the competition in the market, our …
Persistent link: https://www.econbiz.de/10013403882