Showing 1 - 10 of 5,352
This paper aims to shed light on the characteristics and particularly the determinants of credit-less recoveries. After … building a dataset and documenting some stylised facts of credit-less recoveries in emerging market economies, this paper uses … panel probit models to analyse key determinants of credit-less recoveries. Our main findings are the following. First, our …
Persistent link: https://www.econbiz.de/10009159985
This paper uses a natural experiment to study the impact of a loan supply shock on a Hungarian matched bank-firm dataset. The event studied is a funding shock Hungarian banks faced following the collapse of the Lehman Brothers. Banks were affected via their external funding and positions on the...
Persistent link: https://www.econbiz.de/10012267952
In this paper, we empirically analyze the transmission of realized interest rate risk - the gain or loss in bank economic capital due to movements in interest rates - to bank lending. We exploit a unique panel data set that contains supervisory information on the repricing maturity profiles of...
Persistent link: https://www.econbiz.de/10011396762
persons based on a core set of harmonised concepts and definitions. Starting with reference data from September 2018, credit …) individual credit exposures falling within the reporting scope. The reporting framework is the outcome of in-depth discussions … Regulation, AnaCredit will, already in Stage 1, significantly enhance the value for analysis on credit and credit risk in the …
Persistent link: https://www.econbiz.de/10011639632
Using a cross-country panel of 925 banks from 19 advanced economies, for the period 1981-2016, I examine how the bank lending channel of monetary policy has evolved over time. I find that the sensitivity of lending to bank balance sheet liquidity declines over time, with nearly all the reduction...
Persistent link: https://www.econbiz.de/10011927541
This paper contributes to the literature on the properties of money and credit indicators for detecting asset price … several macroeconomic monetary, financial and real variables. According to statistical tests, credit aggregates (either in … models ; monetary aggregates ; credit aggregates …
Persistent link: https://www.econbiz.de/10003867070
This paper focuses on policy measures taken to curb the private sector credit growth in the period 2003-2008. Our … applied were effective in slowing down the credit growth. Deriving from country experiences, the paper argues that in order to … domestic environment and role of foreign banks in the CEE region. -- Credit growth ; monetary policy ; macroprudential policy …
Persistent link: https://www.econbiz.de/10009655167
This paper proposes and tests a theory of credit-driven asset bubbles which are neutral in their real effects. When a …
Persistent link: https://www.econbiz.de/10008904609
Persistent link: https://www.econbiz.de/10008841291
Many central banks in emerging economies have used reserve requirements (RR) to alleviate the trade-off between financial stability and price stability in recent years. Notwithstanding their widespread use, transmission channels of RR have remained largely as a black-box. In this paper, we use...
Persistent link: https://www.econbiz.de/10010386351