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Chousakos, Kyriakos - 2017

Economic growth is persistently low following a financial crisis, possibly because of a continuing weal banking system …

Persistent link: https://www.econbiz.de/10012963154

Do Global Banks Spread Global Imbalances? The Case of Asset-Backed Commercial Paper During the Financial Crisis of 2007-09

Acharya, Viral V.; Schnabl, Philipp - 2021

result suffered significant losses. We conclude that global banking flows, rather than global imbalances, determined the …

Persistent link: https://www.econbiz.de/10013224410

Bank Relationships, Business Cycles, and Financial Crises

Hale, Galina - 2021

relationships during 1980-2009 time period, we construct a global banking network of 7938 banking institutions from 141 countries …. We find that recessions and banking crises tend to have negative effects on the formation of new connections and that … a large negative impact on the formation of new relationships in the global banking network, especially by large banks …

Persistent link: https://www.econbiz.de/10013225015

Over the Cliff : From the Subprime to the Global Financial Crisis

Mishkin, Frederic S. - 2010

This paper examines what transformed a significant, but relatively mild, financial disruption into a full-fledged financial crisis. It discusses why, although the Lehman Brothers bankruptcy was a key trigger for the global financial crisis, three other events were at least as important: the AIG...

Persistent link: https://www.econbiz.de/10013135058

Balance Sheet Adjustments in the 2008 Crisis

He, Zhiguo - 2010

commercial banking sector, which has had access to more stable funding sources, has increased asset holdings. The banking sector …

Persistent link: https://www.econbiz.de/10013144301

Why Did U.S. Banks Invest in Highly-Rated Securitization Tranches?

Erel, Isil - 2011

We estimate holdings of highly-rated tranches of mortgage securitizations of American deposit-taking banks ahead of the credit crisis and evaluate hypotheses that have been advanced to explain these holdings. We find that holdings of highly-rated tranches were economically trivial for the...

Persistent link: https://www.econbiz.de/10013121733

This Time is the Same : Using Bank Performance in 1998 to Explain Bank Performance During the Recent Financial Crisis

Fahlenbrach, Rüdiger - 2011

We investigate whether a bank's performance during the 1998 crisis, which was viewed at the time as the most dramatic crisis since the Great Depression, predicts its performance during the recent financial crisis. One hypothesis is that a bank that has an especially poor experience in a crisis...

Persistent link: https://www.econbiz.de/10013125176

Exports and Financial Shocks

Amiti, Mary - 2010

A striking feature of many financial crises is the collapse of exports relative to output. In the 2008 financial crisis, real world exports plunged 17 percent while GDP fell 5 percent. This paper examines whether deteriorations in bank health can help explain the large drops in exports relative...

Persistent link: https://www.econbiz.de/10013149988

Why Did Some Banks Perform Better During the Credit Crisis? A Cross-Country Study of the Impact of Governance and Regulation

Beltratti, Andrea - 2010

Though overall bank performance from July 2007 to December 2008 was the worst since at least the Great Depression, there is significant variation in the cross-section of stock returns of large banks across the world during that period. We use this variation to evaluate the importance of factors...

Persistent link: https://www.econbiz.de/10013151816

A Model of a Systemic Bank Run

Uhlig, Harald - 2010

The 2008 financial crisis is reminiscent of a bank run, but not quite. In particular, it is financial institutions withdrawing deposits from some core financial institutions, rather than depositors running on their local bank. These core financial institutions have invested the funds in...

Persistent link: https://www.econbiz.de/10013152502