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Bank balance sheet lending is commonly viewed as the predominant form of lending. We document and study two margins of … document the limits of the shadow bank substitution margin: shadow banks substitute for traditional—deposit-taking—banks in … quantitative consequences of several policies on lending volume and pricing, bank stability, and the distribution of consumer …
Persistent link: https://www.econbiz.de/10012851201
In this paper we seek to ascertain whether the changes in prudential financial regulation in Spain in the period 1995–2015 have had an effect on financial stability and whether this can be assessed for Spain from the behavior of the z-score and the LLP variables, as has been done elsewhere. We...
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Frictions prevent banks to immediately adjust their capital ratio towards their desired and/or imposed level. This paper analyzes (i) whether or not these frictions are larger for regulatory capital ratios vis-à-vis a plain leverage ratio; (ii) which adjustment channels banks use to adjust...
Persistent link: https://www.econbiz.de/10011995381
This paper investigates whether European banks have capital targets and how deviations from the target impact their equity composition and activity mix. Using quarterly data for a sample of large European banks between 2004 and 2011, we show that there are notable asymmetries in banks' reactions...
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-agency relationship between Japan and the U.S. are unlikely to be due to differences in restrictions on bank equity holdings …
Persistent link: https://www.econbiz.de/10013004203
closure of a US bank regulator's field offices, the banks they previously supervised distribute cash, increase leverage, and … prevent regulatory capture can increase bank risk …
Persistent link: https://www.econbiz.de/10012967849