Capital Structures And Portfolio Composition During Banking Crisis
DOWNLOAD
Download Capital Structures And Portfolio Composition During Banking Crisis PDF/ePub or read online books in Mobi eBooks. Click Download or Read Online button to get Capital Structures And Portfolio Composition During Banking Crisis book now. This website allows unlimited access to, at the time of writing, more than 1.5 million titles, including hundreds of thousands of titles in various foreign languages. If the content not found or just blank you must refresh this page
Capital Structures And Portfolio Composition During Banking Crisis
DOWNLOAD
Author : Mr.Alberto M. Ramos
language : en
Publisher: International Monetary Fund
Release Date : 1998-08-01
Capital Structures And Portfolio Composition During Banking Crisis written by Mr.Alberto M. Ramos and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 1998-08-01 with Business & Economics categories.
This paper constructs a theoretical framework that rationalizes banks’ short- and long-run adjustment dynamics—in portfolio composition and in the capital structure—following a period of financial distress. The model captures stylized facts about banks’ behavior following a shock to the capital base—namely, the rush to liquidity and credit crunch. Bank panel data show that Argentine domestic retail banks underwent a period of adjustment of six quarters following the Mexican devaluation crisis, reducing their risk-exposure since, owing to bank capital scarcity, depositors became less prone to tolerate bank default risk. Foreign-owned banks suffered a milder shock and adjusted immediately.
Capital Structures And Portfolio Composition During Banking Crisis
DOWNLOAD
Author : Alberto Ramos
language : en
Publisher:
Release Date : 2006
Capital Structures And Portfolio Composition During Banking Crisis written by Alberto Ramos and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006 with categories.
This paper constructs a theoretical framework that rationalizes banks` short- and long-run adjustment dynamics in portfolio composition and in the capital structure following a period of financial distress. The model captures stylized facts about banks` behavior following a shock to the capital base namely, the rush to liquidity and credit crunch. Bank panel data show that Argentine domestic retail banks underwent a period of adjustment of six quarters following the Mexican devaluation crisis, reducing their risk-exposure since, owing to bank capital scarcity, depositors became less prone to tolerate bank default risk. Foreign-owned banks suffered a milder shock and adjusted immediately.
Bank Funding Structures And Risk
DOWNLOAD
Author : Mr.Francisco F. Vazquez
language : en
Publisher: International Monetary Fund
Release Date : 2012-01-01
Bank Funding Structures And Risk written by Mr.Francisco F. Vazquez and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-01-01 with Business & Economics categories.
This paper analyzes the evolution of bank funding structures in the run up to the global financial crisis and studies the implications for financial stability, exploiting a bank-level dataset that covers about 11,000 banks in the U.S. and Europe during 2001?09. The results show that banks with weaker structural liquidity and higher leverage in the pre-crisis period were more likely to fail afterward. The likelihood of bank failure also increases with bank risk-taking. In the cross-section, the smaller domestically-oriented banks were relatively more vulnerable to liquidity risk, while the large cross-border banks were more susceptible to solvency risk due to excessive leverage. The results support the proposed Basel III regulations on structural liquidity and leverage, but suggest that emphasis should be placed on the latter, particularly for the systemically-important institutions. Macroeconomic and monetary conditions are also shown to be related with the likelihood of bank failure, providing a case for the introduction of a macro-prudential approach to banking regulation.
Investment Portfolio Management In The Commercial Bank
DOWNLOAD
Author : Roger A. Lyon
language : en
Publisher:
Release Date : 1960
Investment Portfolio Management In The Commercial Bank written by Roger A. Lyon and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1960 with Bank investments categories.
The Impact Of The Financial Crisis On Bank Capital Strucutre
DOWNLOAD
Author : Adrian Schmid
language : en
Publisher: GRIN Verlag
Release Date : 2019-08-12
The Impact Of The Financial Crisis On Bank Capital Strucutre written by Adrian Schmid and has been published by GRIN Verlag this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-08-12 with Business & Economics categories.
Master's Thesis from the year 2016 in the subject Business economics - Investment and Finance, grade: 1.3, University of Frankfurt (Main) (Chair of Banking and Finance, Faculty of Economics and Business Administration), language: English, abstract: As the last global financial crisis has shown, macroeconomic shocks have huge impacts on numerous economic sectors. The distortions caused by the crisis led to world-wide declines in trade, output and employment. This paper takes special emphasis on bank leverage ratios. Our longitudinal sample ranges from 2004 to 2015, including 5,069 observations of 483 banks in the United States and Europe. Our investigations are based on a modified Gropp and Heider (2010) style linear two-way error component model that uses leverage determinants of non-financial firms to describe bank capital structure. It is investigated how bank capital structure and its determinants respond to the financial crisis. The results show that the financial crisis had strong impacts.
International Convergence Of Capital Measurement And Capital Standards
DOWNLOAD
Author :
language : en
Publisher: Lulu.com
Release Date : 2004
International Convergence Of Capital Measurement And Capital Standards written by and has been published by Lulu.com this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004 with Bank capital categories.
The Effects Of Bank Capital On Lending
DOWNLOAD
Author : Jose M. Berrospide
language : en
Publisher:
Release Date : 2016
The Effects Of Bank Capital On Lending written by Jose M. Berrospide and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016 with categories.
The effect of bank capital on lending is a critical determinant of the linkage between financial conditions and real activity, and has received especial attention in the recent financial crisis. We use panel-regression techniques - following Bernanke and Lown (1991) and Hancock and Wilcox (1993, 1994) - to study the lending of large bank holding companies (BHCs) and find small effects of capital on lending. We then consider the effect of capital ratios on lending using a variant of Lown and Morgan's (2006) VAR model, and again find modest effects of bank capital ratio changes on lending. These results are in marked contrast to estimates obtained using simple empirical relations between aggregate commercial-bank assets and leverage growth, which have recently been very influential in shaping forecasters' and policymakers' views regarding the effects of bank capital on loan growth. Our estimated models are then used to understand recent developments in bank lending and, in particular, to consider the role of TARP-related capital injections in affecting these developments.
Credit Portfolio Modelling And Its Effect On Capital Requirements
DOWNLOAD
Author : Dilek Bulbul
language : en
Publisher:
Release Date : 2016
Credit Portfolio Modelling And Its Effect On Capital Requirements written by Dilek Bulbul and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016 with categories.
The subprime crisis revealed that the adoption of suitable systems for the management of credit risk is of utmost concern. The Basel Committee on Banking Supervision (2009) advises banks to use credit portfolio models with caution when assessing the capital adequacy. This paper investigates whether decisions on total risk-based capital ratios are channeled through credit portfolio models. In other words, do credit portfolio models serve as a relevant determinant for banks to adjust their capital allocation? To empirically test the relationship we measure the average treatment effect by conducting a quasi-natural experiment in which we employ a propensity-matching approach to panel data. We find that the adoption of credit portfolio models positively and significantly affects regulatory capital decisions of banks both directly following the introduction as well as over a longer time horizon. By now it is commonly accepted that overreliance on credit portfolio models composes a fundamental cause of the current financial crisis. Our results put the debate about overreliance on quantitative models in a new perspective. This knowledge may prove valuable for regulators who aim to understand bank behaviour and thus advance regulation.
Financial Sector Crisis And Restructuring
DOWNLOAD
Author : Carl-Johan Lindgren
language : en
Publisher:
Release Date : 1999
Financial Sector Crisis And Restructuring written by Carl-Johan Lindgren and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999 with Business & Economics categories.
An IMF paper reviewing the policy responses of Indonesia, Korea and Thailand to the 1997 Asian crisis, comparing the actions of these three countries with those of Malaysia and the Philippines. Although all judgements are still tentative, important lessons can be learned from the experiences of the last two years.
Credibility And Crisis Stress Testing
DOWNLOAD
Author : Ms.Li L. Ong
language : en
Publisher: International Monetary Fund
Release Date : 2013-08-09
Credibility And Crisis Stress Testing written by Ms.Li L. Ong and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-08-09 with Business & Economics categories.
Credibility is the bedrock of any crisis stress test. The use of stress tests to manage systemic risk was introduced by the U.S. authorities in 2009 in the form of the Supervisory Capital Assessment Program. Since then, supervisory authorities in other jurisdictions have also conducted similar exercises. In some of those cases, the design and implementation of certainelements of the framework have been criticized for their lack of credibility. This paper proposes a set of guidelines for constructing an effective crisis stress test. It combines financial markets impact studies of previous exercises with relevant case study information gleaned from those experiences to identify the key elements and to formulate their appropriate design. Pertinent concepts, issues and nuances particular to crisis stress testing are also discussed. The findings may be useful for country authorities seeking to include stress tests in their crisis management arsenal, as well as for the design of crisis programs.