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Displaying results 1 to 25 of 243.

  1. Self-regulation and stock listing decision of banks
    Author: El Joueidi, Sarah
    Published: March, 2017
    Publisher:  Center for Research in Economics and Management, University of Luxembourg, Faculty of Law, Economics and Finance, Luxembourg

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    Media type: Book
    Format: Online
    Series: Array ; 2017, 05
    Subjects: Endogenous quality; self-regulation; economic geography; banks; financial markets; macroprudential effort
    Scope: 1 Online-Ressource (circa 40 Seiten), Illustrationen
  2. Long-term finance and entrepreneurship
    Author: Leon, Florian
    Published: January, 2018
    Publisher:  Center for Research in Economics and Management, University of Luxembourg, Faculty of Law, Economics and Finance, Luxembourg

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    Language: English
    Media type: Book
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    Series: Array ; 2018, 01
    Subjects: Long-term finance; banks; entrepreneurship; credit constraints
    Scope: 1 Online-Ressource (circa 37 Seiten), Illustrationen
  3. Basel methodological heterogeneity and banking system stability: the case of the Netherlands
    Author: Deborgies Sanches, Laurence; Verbeek, Marno
    Published: [2018]
    Publisher:  De Nederlandsche Bank NV, Amsterdam, the Netherlands

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    Series: Working paper / De Nederlandsche Bank NV ; no. 593 (May 2018)
    Subjects: macro-regulation; banks; credit rating; Basel methodology
    Scope: 1 Online-Ressource (circa 54 Seiten), Illustrationen
  4. Cross-border banking on the two sides of the Atlantic
    does it have an impact on bank crisis management?
    Author: Nieto, María J.; Wall, Larry D.
    Published: 2017
    Publisher:  Banco de España, Madrid

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    Source: Union catalogues
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    Media type: Book
    Format: Online
    Series: Documentos de trabajo / Banco de España, Eurosistema ; no. 1738
    Subjects: banks; international finance; European Union; United States
    Scope: 1 Online-Ressource (circa 28 Seiten), Illustrationen
  5. Towards an understanding of credit cycles
    do all credit booms cause crises?
    Author: Barrell, Ray; Karim, D.; Macchiarelli, C.
    Published: October 2017
    Publisher:  Brunel University London, Department of Economics and Finance, [Uxbridge]

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    Language: English
    Media type: Book
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    Series: Economics and finance working paper series ; no. 17, 17
    Subjects: credit cycle; financial crisis; banks; macro-prudential policy; filtering
    Scope: 1 Online-Ressource (circa 44 Seiten)
  6. Hazardous lending
    the impact of natural disasters on banks' asset portfolio
    Author: Bos, Jaap W. B.; Li, Runliang; Sanders, Mark
    Published: [2018]
    Publisher:  Graduate School of Business and Economics, Maastricht

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    Series: [Research memorandum] / Maastricht University, Graduate School of Business and Economics (GSBE) ; RM/18, 021
    Subjects: banks; disasters; diversification; climate change
    Scope: 1 Online-Ressource (circa 41 Seiten), Illustrationen
  7. Evidence on the international financial spillovers of the New York Bankers' Panic of 1907
    Author: Nitschka, Thomas
    Published: [2024]
    Publisher:  Swiss National Bank, Zurich

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    Series: SNB working papers ; 2024, 7
    Subjects: banks; crisis; international spillover; Panic of 1907; stocks
    Scope: 1 Online-Ressource (circa 42 Seiten), Illustrationen
  8. Mobile internet, collateral and banking
    Author: D'Andrea, Angelo; Hitayezu, Patrick; Kpodar, Roland Kangni; Limodio, Nicola; Presbitero, Andrea
    Published: [2024]
    Publisher:  Banca d'Italia Eurosistema, [Rom]

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    Series: Temi di discussione / Banca d'Italia ; number 1454 (June 2024)
    Subjects: banks; credit; high-speed internet; mobile; technological change
    Scope: 1 Online-Ressource (circa 77 Seiten), Illustrationen
  9. Implications of higher inflation and interest rates for macroprudential policy stance
    Author: Hempell, Hannah S.; Silva, Fatima; Scalone, Valerio; Borkó, Tamás; Cornacchia, Wanda; Di Virgilio, Domenica; Espic, Aurélien; Garcia, Salomón; Heires, Marcel; Herrera, Luis; Kärkkäinen, Samu; Kent, Luke; Kerbl, Stefan; Löhe, Sebastian; Oliveira, Vitor; Palligkinis, Spyros; Segura, Anatoli; Steikūnė, Paulina
    Published: [2024]
    Publisher:  European Central Bank, Frankfurt am Main, Germany

    In recent years, monetary policy and inflation considerations have been playing an increasingly important role for macroprudential authorities in their policy setting. This paper aims to assess the implications of high inflation and rising interest... more

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    In recent years, monetary policy and inflation considerations have been playing an increasingly important role for macroprudential authorities in their policy setting. This paper aims to assess the implications of high inflation and rising interest rates for macroprudential policy stance. The conceptual discussions and model-based analyses included in this paper reflect on the appropriate direction and impact of macroprudential policies at the different stages of financial and business cycles, given cross-country and banking system heterogeneities. In this context, a key objective of the paper is to assess to what extent the interaction between macroprudential and monetary policies differs, given the heterogeneity across euro area countries exposed to a homogenous monetary policy. While both policies are to a large extent complementary, monetary policy may generate relevant spillovers due to its impact on the financial cycle and, potentially, on financial stability. The paper argues that the recent focus of macroprudential policy on resilience, when banking sector conditions ensure no unwarranted procyclical effects of macroprudential tightening, suggests an expansion of the notion of "complementarity" with monetary policy. Specifically, with the build-up of resilience, macroprudential policy acts de facto countercyclically, supporting monetary policy in its pursuit of price stability. In this regard, the paper stresses that the source of the inflationary shock (supply versus demand side) and the monetary environment primarily affect the intensity, speed and extent of buffer build-up or release within each stage of the financial cycle while affecting borrower-based measures in their bindingness.

     
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    Source: Union catalogues
    Language: English
    Media type: Ebook
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    ISBN: 9789289968744
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    hdl: 10419/306600
    Series: Occasional paper series / European Central Bank ; no 358
    Subjects: banks; macroprudential policy; capital buffers; borrower-based measures; Financial stability; monetary policy; financial risk; bank; interest; inflation
    Scope: 1 Online-Ressource (circa 55 Seiten), Illustrationen
  10. Bank recovery and resolution planning, liquidity management and fragility
    Author: Deidda, Luca G.; Panetti, Ettore
    Published: Novembre 2024
    Publisher:  Arkadia, Cagliari

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    ISBN: 9788868515478
    Edition: Prima edizione
    Series: Working papers / CRENoS ; 2024, 20
    Subjects: banks; liquidity; financial fragility; financial regulation; resolution
    Scope: 1 Online-Ressource (circa 43 Seiten), Illustrationen
  11. The effects of the ECB’S unconventional monetary policies from 2011 to 2018 on banking assets
    Author: Dwyer, Gerald P.; Gilevska, Biljana; Nieto, María J.; Samartín Sáenz, Margarita
    Published: 2024
    Publisher:  Banco de España, Madrid

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    Series: Documentos de trabajo / Banco de España, Eurosistema ; no. 2416
    Subjects: euro area; unconventional monetary policy; banks; financial crisis
    Scope: 1 Online-Ressource (circa 74 Seiten), Illustrationen
  12. Determinants of recent CRE distress
    implications for the banking sector
    Author: Glancy, David; Kurtzman, Robert
    Published: August 27, 2024
    Publisher:  Divisions of Research & Statistics and Monetary Affairs, Federal Reserve Board, Washington, D.C.

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    Source: Union catalogues
    Language: English
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    Series: Finance and economics discussion series ; 2024, 072
    Subjects: commercial real estate; banks; CMBS
    Scope: 1 Online-Ressource (circa 43 Seiten), Illustrationen
  13. Zombie lending to U.S. firms
    Author: Favara, Giovanni; Minoiu, Camelia; Pérez, Ander
    Published: [2024]
    Publisher:  Federal Reserve Bank of Atlanta, Atlanta, GA

    We show that U.S. banks do not engage in zombie lending to firms of deteriorating profitability, irrespective of capital levels and exposure to such firms. In contrast, unregulated financial intermediaries do, originating more and cheaper loans to... more

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    We show that U.S. banks do not engage in zombie lending to firms of deteriorating profitability, irrespective of capital levels and exposure to such firms. In contrast, unregulated financial intermediaries do, originating more and cheaper loans to these firms. We establish these results using supervisory data on firmbank relationships, syndicated lending data for banks and nonbanks, and an empirical setting with quasirandom shocks to firm profitability. Although credit migrates from banks to nonbanks, zombie firms file for bankruptcy at an elevated rate, suggesting that nonbanks' zombie lending does not enhance the survival rate of distressed and unprofitable firms.

     
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    hdl: 10419/302216
    Series: Working paper series / Federal Reserve Bank of Atlanta ; 2024, 7 (August 2024)
    Subjects: zombie lending; zombie firms; banks; nonbanks
    Scope: 1 Online-Ressource (circa 55 Seiten), Illustrationen
  14. Customer data access and fintech entry
    early evidence from open banking
    Author: Babina, Tania; Bahaj, Saleem; Buchak, Greg; De Marco, Filippo; Foulis, Angus; Gornall, Will; Mazzola, Francesco; Yu, Tong
    Published: [2024]
    Publisher:  Bank of England, London

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    Series: Staff working paper / Bank of England ; no. 1059 (February 2024)
    Subjects: Open banking; entrepreneurship; fintech; financial innovation; data access; data rights; data portability; Big Data; financial regulation; financial sector; banks
    Scope: 1 Online-Ressource (circa 105 Seiten), Illustrationen
  15. Exchange rate regimes and financial dollarization
    does flexibility reduce bank currency mismatches?
    Published: May 2002
    Publisher:  Center for Internat. and Development Economics Research, Berkeley, Calif.

    "The dollarization of bank deposits and credit is widespread in developing countries, resulting in varying degrees of currency mismatches in domestic financial intermediation, which in turn might accentuate bank balance sheet fragility. It is widely... more

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    "The dollarization of bank deposits and credit is widespread in developing countries, resulting in varying degrees of currency mismatches in domestic financial intermediation, which in turn might accentuate bank balance sheet fragility. It is widely argued that flexible exchange rate regimes encourage banks to match dollar-denominated liabilities with a corresponding amount of dollar-denominated assets, ameliorating currency mismatches. Does the behavior of dollar deposits and credit in financially dollarized economies support that presumption? A new database on deposit and credit dollarization in developing and transition countries is assembled and used to address this question. Empirical results suggest that, if anything, floating regimes seem to exacerbate, rather than ameliorate, currency mismatches in domestic financial intermediation, as those regimes seem to encourage deposit dollarization more strongly than they encourage matching via credit dollarization"--Federal Reserve Board web site

     
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    Edition: [Elektronische Ressource]
    Series: Working paper / Center for International and Development Economics Research ; 02,123
    Subjects: Wechselkurssystem; Währungssubstitution; Einlagengeschäft; Kredit; Entwicklungsländer; Schwellenländer; Transformationsstaaten; Dollarization
    Other subjects: Array
    Scope: Online-Ressource, 58 p., text, ill
  16. Financing the alternative
    renewable energy in developing and transition countries
    Author: Brunnschweiler, Christa N.
    Published: [2006]
    Publisher:  WIF - Institute of Economic Research, Swiss Federal Institute of Technology Zurich, Zurich

    This paper examines the determinants of credit allocation to renewable energy firms in developing and transition countries. Using a simple endogenous growth model, we show that the development of the renewable energy sector, i.e. the diversification... more

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    This paper examines the determinants of credit allocation to renewable energy firms in developing and transition countries. Using a simple endogenous growth model, we show that the development of the renewable energy sector, i.e. the diversification of renewable energy resources used in primary energy production, depends on the quality of financial intermediation, debtor information costs to banks, and financing needs of renewable energy firms. Policies should aim at increasing financial sector performance through better institutional frameworks and improving financing conditions for new energy firms. The empirical analysis confirms the positive effect of financial intermediary development on the renewable energy sector.

     
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    Language: English
    Media type: Book
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    hdl: 10419/171493
    Series: Working paper / WIF, Institute of Economic Research ; 06, 49 (March 2006)
    Subjects: Unternehmensfinanzierung; Erneuerbare Energie; Kreditwürdigkeit; Finanzintermediation; Endogenes Wachstumsmodell; Entwicklungsländer; Financial intermediation; banks; renewable energy; economic growth
    Scope: 1 Online-Ressource (circa 25 Seiten)
  17. Fiscal transfers in a monetary union with sovereign risk
    Author: Bandeira, Guilherme
    Published: 2018
    Publisher:  Banco de España, Madrid

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    Series: Documentos de trabajo / Banco de España, Eurosistema ; no. 1807
    Subjects: sovereign risk; banks; monetary union; fiscal transfers
    Scope: 1 Online-Ressource (circa 45 Seiten), Illustrationen
  18. Incentivising lending to SMEs with the funding for lending scheme
    some evidence from bank-level data in the United Kingdom
    Author: Havrylchyk, Olena
    Published: [2016]
    Publisher:  Université de Paris Ouest Nanterre La Défense, Nanterre

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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Working paper / EconomiX ; 2016, 24
    Subjects: SME lending; banks; unconventional monetary policy; monetary transmission
    Scope: 1 Online-Ressource (circa 15 Seiten), Illustrationen
  19. To Fed watch or not to Fed watch
    equilibrium analysis of bank system dynamics
    Author: Brock, William A.; Haslag, Joseph H.
    Published: 2017
    Publisher:  [Department of Economics, University of Missouri-Columbia], [Columbia, MO]

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    Series: [Working paper series / Department of Economics ; 17, 12]
    Subjects: random relocation; heterogeneous forecasts; banks; fed watching
    Scope: 1 Online-Ressource (circa 32 Seiten)
  20. "Keeping it personal" or "getting real"?
    on the drivers and effectiveness of personal versus real loan guarantees
    Author: Mayordomo, Sergio; Moreno, Antonio; Ongena, Steven; Rodríguez-Moreno, María
    Published: 2017
    Publisher:  Banco de España, Madrid

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    Series: Documentos de trabajo / Banco de España, Eurosistema ; no. 1715
    Subjects: banks; asymmetric information; real guarantees; personal guarantees; risk-taking; capital requirements
    Scope: 1 Online-Ressource (circa 54 Seiten), Illustrationen
  21. Size, efficiency, market power, and economies of scale in the African banking sector
    Author: Asongu, Simplice; Odhiambo, Nicholas M.
    Published: [2018]
    Publisher:  African Governance and Development Institute, [Yaoundé]

    There is a growing body of evidence that interest rate spreads in Africa are higher for big ba nks compared to small banks. One concern is that big banks might be using their market power to charge higher lending rates as they become larger, more... more

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    There is a growing body of evidence that interest rate spreads in Africa are higher for big ba nks compared to small banks. One concern is that big banks might be using their market power to charge higher lending rates as they become larger, more efficient, and unchallenged. In contra st, several studies found that when bank size increases beyond certain thresholds, diseconomies of scale are introduced that lead to inefficiency. In that case, we also would expect to see widened interest margins. This study examines the connection between bank size and efficiency to understand whether that relationship is influenced by exploitation of market power or economies of scale. Using a panel of 162 African banks for 2001 − 2011, we analyzed the empirical dat a using instrumental variables and fixed effects regressions, with overlapping and non-overlapping thresholds for bank size. We found two key results. First, bank size increases bank interest rate margins with an inverted U-shaped nexus. Second, market power and economies of scale do not increase or decrease the interest rate margins significantly. The main policy implication is that interest rate margins cannot be elucidated by either market power or economies of scale. Other implications are discussed.

     
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    Other identifier:
    hdl: 10419/204978
    Series: AGDI working paper ; WP/18, 056
    Subjects: Sub-Saharan Africa; banks; lending rates; efficiency; Quiet Life Hypothesis; competition
    Scope: 1 Online-Ressource (circa 29 Seiten)
  22. Key determinants of net interest margin of EU banks in the zero lower bound of interest rates
    Author: Hanzlík, Petr; Teplý, Petr
    Published: [2019]
    Publisher:  Institute of Economic Studies, Faculty of Social Sciences, Charles University in Prague, Prague

    In this paper, we analyse a relationship between net interest margin (NIM) of EU banks and market interest rates in a low-interest rate environment. We contribute to the literature when examining a large sample of annual data on 629 banks from EU... more

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    In this paper, we analyse a relationship between net interest margin (NIM) of EU banks and market interest rates in a low-interest rate environment. We contribute to the literature when examining a large sample of annual data on 629 banks from EU member countries during the 2011-2016 period, which also covers the period of zero and negative rates. We test three hypotheses and come to the three main conclusions. First, NIM eroded during the whole observed period for all types of investigated banks. Second, a higher market concentration, proxied by the Herfindahl index, leads to higher NIM. Finally, we show a positive concave relationship of NIM with short-term interest rate observed in previous studies, which supports the suspected non-linearity in situation of zero lower bound of interest rates. Contrary to other researchers, we find a negative relationship between NIM and the yield curve slope.

     
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    hdl: 10419/203220
    Series: IES working paper ; 2019, 2
    Subjects: banks; net interest margin; Herfindahl index; interest rates; profitability; system GMM
    Scope: 1 Online-Ressource (circa 31 Seiten), Illustrationen
  23. Emission-based interest rates and the transition to a low-carbon economy
    Author: Böser, Florian; Colesanti Senni, Chiara
    Published: [2020]
    Publisher:  CER-ETH - Center of Economic Research at ETH Zurich, Zürich

    We use a dynamic general equilibrium model to study a climate-oriented monetary policy in the form of emission-based interest rates set by the central bank. Liquidity costs of banks increase with the emission intensity of their asset portfolio,... more

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    We use a dynamic general equilibrium model to study a climate-oriented monetary policy in the form of emission-based interest rates set by the central bank. Liquidity costs of banks increase with the emission intensity of their asset portfolio, leading banks to favor low-carbon assets and to improve the financing conditions for clean sectors. We show that such a monetary policy supports the decarbonization of the economy and reduces climate damage, as more resources are channeled to low-carbon sectors and incentives to adopt cleaner technologies increase across all sectors. We illustrate these effects by calibrating our model to data for the Euro Area.

     
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    hdl: 10419/222592
    Series: Working paper / CER-ETH - Center of Economic Research at ETH Zurich ; 20, 337 (June 2020)
    Subjects: climate change; monetary policy; banks; innovation; financial stability
    Scope: 1 Online-Ressource (circa 46 Seiten), Illustrationen
  24. Banks' net interest margins and interest rate risk: communicating vessels?
    Author: Chaudron, Raymond; Haan, Leo de; Hoeberichts, Marco
    Published: [2020]
    Publisher:  De Nederlandsche Bank NV, Amsterdam, the Netherlands

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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    VS 604
    Inter-library loan:
    No inter-library loan
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      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Working paper / De Nederlandsche Bank NV ; no. 675 (March 2020)
    Subjects: net interest margin; banks; interest rate risk; income from maturity transformation
    Scope: 1 Online-Ressource (circa 34 Seiten), Illustrationen
  25. Banks, credit supply, and the life cycle of firms
    theory and evidence from late nineteenth century Japan
    Author: Basco, Sergi; Tang, John P.
    Published: [2021]
    Publisher:  The Australian National University, Acton ACT, Australia

    Access:
    Verlag (kostenfrei)
    Verlag (kostenfrei)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    VS 696
    Inter-library loan:
    No inter-library loan
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Discussion paper series / Centre for Economic History, The Australian National University ; no. 2021, 02 (May 2021)
    Subjects: credit supply; banks; liquidity constraints; firm dynamics; entrepreneurship
    Scope: 1 Online-Ressource (circa 57 Seiten), Illustrationen