Showing 1 - 10 of 199,388
Union (EMU) banking sector. The paper's central hypothesis that capital adequacy of the EMU banking sector influenced credit …, the sub-hypothesis that higher capital adequacy resulted in negative credit growth was supported for the crisis period. We …
Persistent link: https://www.econbiz.de/10014316648
The US credit boom has been identified as one of the causes of the global financial crisis and the resulting debt … overhang is seen as the primary reason for the weak economic recovery. Most of the existing literature links the credit boom to … non-financial private sector had been originated by shadow banks. Consequently, dampening credit creation by the …
Persistent link: https://www.econbiz.de/10011456517
Persistent link: https://www.econbiz.de/10014514435
The cumulative additional interest from LIBOR during the crisis is estimated to be between 1% to 2% of the notional amount of outstanding loans, depending on the tenor and type of SOFR rate used. The amount of LIBOR business loans owned by banks could have been as high as about 2trn, and the...
Persistent link: https://www.econbiz.de/10012831492
The US credit boom has been identified as one of the causes of the global financial crisis and the resulting debt … overhang is seen as the primary reason for the weak economic recovery. Most of the existing literature links the credit boom to … non-financial private sector had been originated by shadow banks. Consequently, dampening credit creation by the …
Persistent link: https://www.econbiz.de/10012988632
stressed credit markets and confirms their superior performance in explaining the behavior of Credit Default Swap rates for the …
Persistent link: https://www.econbiz.de/10012954808
We investigate benefits to business borrowers from bank bailouts – specifically the Troubled Asset Relief Program (TARP … – spread, amount, maturity, collateral, and covenants –suggesting increased credit supply to borrowers of bailed-out banks at … and policy debates on bank bailouts …
Persistent link: https://www.econbiz.de/10012969974
technique, the study shows that interbank borrowing has a significant impact on the bank credit, and an inverse relationship …
Persistent link: https://www.econbiz.de/10013065703
This paper analyses the effect of asset prices on credit growth in France and tries to disentangle credit demand and … supply factors, both for the whole 1993-2010 period and during periods of financial instability. Using bank-level panel data … period, but without credit supply factors being singled out. By contrast, housing price growth has a significant effect …
Persistent link: https://www.econbiz.de/10013101520
We develop a model of bank lending that allows for credit rationing in equilibrium. Recognizing that small firms incur … a higher percentage cost of monitoring than large firms, the model shows that the incidence of bank credit rationing … consistent with a pattern of a differentially greater degree of rationing of credit to small borrowers during the Great Recession …
Persistent link: https://www.econbiz.de/10013107543