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The role that banks play in screening and monitoring their borrowers is well understood. However, these bank activities … question – who monitors the monitor? Financial intermediation theories posit that bank capital structure plays such a role in … incentivizing banks to monitor their borrowers. Both bank debt and bank equity have been proposed in various theories as providing …
Persistent link: https://www.econbiz.de/10011808016
This paper looks into the specific influence that the European banking union will have on (future) bank client …
Persistent link: https://www.econbiz.de/10010530583
This paper looks into the specific influence that the European banking union will have on (future) bank client …
Persistent link: https://www.econbiz.de/10011279729
Persistent link: https://www.econbiz.de/10011790739
In this paper, we exploit a natural experiment in which thrifts in several states witnessed an exogenous reduction in 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...
Persistent link: https://www.econbiz.de/10011710132
Persistent link: https://www.econbiz.de/10012792252
Can a major financial crisis trigger changes in a bank's risk-taking behavior? Using the 2008 Global Financial Crisis … such, bank learning from a financial crisis may not depend on the institutional context and the level of development of …
Persistent link: https://www.econbiz.de/10012522990
bank issues covered bonds backed by a pool of assets that is bankruptcy remote and replenished following losses …. Encumbering assets allows a bank to raise cheap secured debt and expand profitable investment, but it also concentrates risk on …
Persistent link: https://www.econbiz.de/10011451099
This paper compares the stability of the U.S. Dual Banking system's two bank groups, national and state banks, in light … question asks to whether or not the respective regulatory agencies of both bank groups are responsible for these changes in … liquidity-related problems than the FDIC. The paper is the first of its kind to analyze bank fragility around the escalation of …
Persistent link: https://www.econbiz.de/10013122268
because it reflects special liquidity benefits of bank debt. Even aside from neglecting the systemic damage to the economy …
Persistent link: https://www.econbiz.de/10011925841