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Why are banks not recapitalized during crises?

Crosignani, Matteo - 2017

the sovereign risk is sufficiently high, low-capital banks reduce private lending to further increase their holdings of …

Persistent link: https://www.econbiz.de/10011710170

FHA, Fannie Mae, Freddie Mac, and the Great Recession

Passmore, S. Wayne - 2017

Did government mortgage programs mitigate the adverse economic effects of the financial crisis? We find that counties with greater participation in traditional government mortgage programs experienced less severe economic downturns during the Great Recession. In particular, counties with higher...

Persistent link: https://www.econbiz.de/10012969438

The Credit Crunch and Fall in Employment During the Great Recession

Haltenhof, Samuel - 2014

We study how a bank credit crunch -- a dramatic worsening of firm and consumer access to bank credit, such as the one observed over the Great Recession -- translates into job losses in U.S. manufacturing industries. To identify the impact of the recent credit crunch, we rely on differences in...

Persistent link: https://www.econbiz.de/10013055719

An Evaluation of Bank VaR Measures for Market Risk During and Before the Financial Crisis

O'Brien, James M. - 2014

We study the performance and behavior of Value at Risk (VaR) measures used by a number of large banks during and before …

Persistent link: https://www.econbiz.de/10013056161

Managing stigma during a financial crisis

Anbil, Sriya - 2017

How should regulators design effective emergency lending facilities to mitigate stigma during a financial crisis? I explore this question using data from an unexpected disclosure of partial lists of banks that secretly borrowed from the lender of last resort during the Great Depression. I find...

Persistent link: https://www.econbiz.de/10011708103

The effect of bank supervision on risk taking : evidence from a natural experiment

Kandrac, John; Schlusche, Bernd - 2017

supervisory attention to assess the effect of supervision on financial institutions' willingness to take risk. We show that the … affected institutions took on much more risk than their unaffected counterparts in other districts that were subject to … years later, additional risk taking by the affected thrifts ceased. We find that the expansion in risk taking resulted in a …

Persistent link: https://www.econbiz.de/10011710132

Liquidity Crises in the Mortgage Market

Kim, You - 2020

Non-banks originated about half of all mortgages in 2016, and 75% of mortgages insured by the FHA or VA. Both shares are much higher than those observed at any point in the 2000s. We describe in this paper how non-bank mortgage companies are vulnerable to liquidity pressures in both their loan...

Persistent link: https://www.econbiz.de/10012852711

The differential impact of bank size on systemic risk

Lorenc, Amy G.; Zhang, Jeffery Y. - 2018

We examine whether financial stress at larger banks has a different impact on the real economy than financial stress at smaller banks. Our empirical results show that stress experienced by banks in the top 1 percent of the size distribution leads to a statistically significant and negative...

Persistent link: https://www.econbiz.de/10012016306

Strategic liquidity mismatch and financial sector stability

Silva, André F. - 2019

, with mimicking occurring only when competitors are taking more risk. Accordingly, this strategic behavior increases banks …' default risk and overall systemic risk, highlighting the importance of regulating liquidity risk from a macroprudential …

Persistent link: https://www.econbiz.de/10012182410

Liquidity in the Mortgage Market : How Does the COVID-19 Crisis Compare with the Global Financial Crisis?

Pence, Karen M. - 2022

The liquidity strains that contributed to the meltdown of the mortgage market in the Global Financial Crisis (GFC) re-emerged in the Coronavirus 2019 (COVID-19) Crisis. Some of these strains were acute. For example, the dependence of mortgage real estate investment trusts (REITs) on short-term...

Persistent link: https://www.econbiz.de/10013404844