Showing 1 - 10 of 1,577
Persistent link: https://www.econbiz.de/10011705847
Persistent link: https://www.econbiz.de/10011705925
Commission, on the liquidity situation of banks in Germany. The analyses are the basis for assessing the effects of a digital … euro on banks' liquidity, as presented in the 11th Annual Report of the German Financial Stability Committee. This paper … combines banking supervisory data with payment transaction information. Our analysis demonstrates that particular savings banks …
Persistent link: https://www.econbiz.de/10015135322
This paper explores the advantages of a new financial charter for large, complex, internationally active financial institutions that would address the corporate governance challenges of such organizations, including incentive problems in risk decisions and the complicated corporate and...
Persistent link: https://www.econbiz.de/10008657240
Banks fulfill special functions in an economy. The primary objective of a bank insolvency regime must be to preserve these essential functions. This objective should guide the design of the legal framework for bank insolvency. The banking supervisory authority or a designated resolution...
Persistent link: https://www.econbiz.de/10013130770
This article presents a dynamic approach to liquidity based on uncertainty as conceptualized by Knight, developed in a … conventions of safety. When uncertainty returns to the forefront, acceptance of private money is compromised and a liquidity … crisis may ensue.On this basis, the article illustrates how banking should be regulated ex-ante and supported ex-post by …
Persistent link: https://www.econbiz.de/10013088374
What is a good and effective creditor protection system? Can a creditor protection system, understood as a variety of mechanisms employed jointly or individually to protect the interests of creditors, deliver for all creditors, or are there different systems of creditor protection needed for...
Persistent link: https://www.econbiz.de/10012954766
Pursuing delinquent borrowers requires considerable effort, and creditors may lack the incentive to exert this costly effort in uncompetitive banking sectors. To examine this, we use a uniquely large dataset of public and private corporate bankruptcy filings spanning a banking-sector reform that...
Persistent link: https://www.econbiz.de/10013008936
This paper investigates the causal effects of voluntary information disclosures on a bank's expected default probability, enterprise risk, and value. I measure disclosure via a self-constructed index for the largest 80 U.S. bank holding companies for the period 1998-2011. I provide evidence that...
Persistent link: https://www.econbiz.de/10013034966
foreigners. We use a bank-level panel data set spanning all British and foreign banks providing loans within the United Kingdom … or credit guarantees, or received capital injections. We use standard empirical panel-data techniques to study the 'loan …-term interset rates, though our data set here is much smaller. We examine the loan mix for both British and foreign banks, both …
Persistent link: https://www.econbiz.de/10009318448