Showing 41 - 50 of 899
Modern bank management comprises both classical lending business and transfer of asset risk to capital markets through …
Persistent link: https://www.econbiz.de/10010298398
This paper endeavours to illustrate the consequences of a credit squeeze by inserting a standard model of retail banks into some familiar macroeconomic models. Some possible policy conclusions are drawn about the benefits of incentives to increase lending at these times, and to reduce it in much...
Persistent link: https://www.econbiz.de/10010298576
This study identifies five distinctive stages of the current global financial crisis: the meltdown of the subprime mortgage market; spillovers into broader credit market; the liquidity crisis epitomized by the fallout of Northern Rock, Bear Stearns and Lehman Brothers with counterparty risk...
Persistent link: https://www.econbiz.de/10010298579
The global distressed debt market has been established for some years now, however within this investment universe German Distressed Debt is generally considered as underdeveloped. The aim of this paper is to highlight why Investments are transacted and the framework of processes involved within...
Persistent link: https://www.econbiz.de/10010298901
The paper presented a study on the relationship between credit money and economic instability. The issue is of primary importance because, as it is generally stated, lower variability of output and inflation has numerous economic benefits. We address this problem by means of an agent-based model...
Persistent link: https://www.econbiz.de/10010299828
drive loan default rate away from expected, and have an impact on both firm and bank's balance sheet via the financial … contract. Low bank capital position can create strong credit supply contraction, and have a significant effect on business …
Persistent link: https://www.econbiz.de/10010299852
. While the number of MNBs rises from zero to fifteen within six years, the ratio of bank credit to private and public … be connected. Further, using monthly data provided by the weekly Polish publication Gazeta Bankowa, by the National Bank … of the measurement of international financial competition, and regardless of a bank’s history, and it is only partially …
Persistent link: https://www.econbiz.de/10010301169
This paper investigates whether there was a credit crunch in East Asia during the recent financial and economic crises. Motivated by widespread concern that, over and above any increases in real interest rates, corporates may have also faced credit rationing, we adopt an explicit disequilibrium...
Persistent link: https://www.econbiz.de/10010301739
This paper investigates the credit channel in Germany and the United Kingdom. The financial systems of these two countries show substantial structural differences, which leads one to expect that their real sectors respond differently to changes in monetary policy. To the extent that this is the...
Persistent link: https://www.econbiz.de/10010301764
bank through the quantitative easing monetary policy. The authors address this problem by means of an agent-based model and …
Persistent link: https://www.econbiz.de/10010302704