Results 191 to 200 of about 1,860 (237)

Financial inclusion and stability in Ethiopia using bank-level data: A two-step system GMM estimation. [PDF]

F1000Res
Arebo M, Hando F, Mekonnen A.
europepmc   +1 more source

Bank provisioning behaviour and procyclicality [PDF]

Journal of International Financial Markets, Institutions and Money, 2005
Abstract The current debate on the possible procyclicality of the new Basel Accord pays little attention to the procyclicality created by unsound loan loss provisioning. This article investigates how bank provisioning behaviour is related to the business cycle, using 8000 bank-year observations from 29 OECD countries over the past decade ...
J.A. Bikker, P.A.J. Metzemakers
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Are Credit Ratings Procyclical?

SSRN Electronic Journal, 2003
Abstract This paper studies the influence of the state of the business cycle on credit ratings. In particular, we assess whether rating agencies are excessively procyclical in their assignment of ratings. Our analysis is based on a model of ratings determination that takes into account factors that measure the business and financial risks of firms ...
C. H. Furfine, Jeffery D. Amato
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The Procyclicality of Inflation-Linked Debt

SSRN Electronic Journal, 2022
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
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Procyclicality of US Bank Leverage

SSRN Electronic Journal, 2014
In light of the current debate about the link between accounting and financial stability, we investigate the determinants of procyclical book leverage for U.S. commercial and savings banks. We find that total asset growth and GDP growth are both positively related to book leverage growth.
Laux, Christian, Rauter, Thomas
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Is the leverage of European banks procyclical?

Empirical Economics, 2011
Detecting whether banks' leverage is indeed procyclical is relevant to support the view that booms and crises may be reinforced by some sort of supply side financial accelerator, whilst finding a plausible explanation of banks' behaviour is crucial to trace the road for a sensible reform of financial regulation and managers' incentives.
Baglioni, Angelo Stefano, Beccalli, Elena, Boitani, Andrea, Monticini, Andrea   +3 more
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Persistence and Procyclicality in Margin Requirements

SSRN Electronic Journal, 2017
Margin requirements for derivative contracts serve as a buffer against the transmission of losses through the financial system by protecting one party to a contract against default by the other party. However, if margin levels are proportional to volatility, then a spike in volatility leads to potentially destabilizing margin calls in times of market ...
Paul Glasserman, Qi Wu 0009
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Procyclicality, Collateral Values and Financial Stability [PDF]

SSRN Electronic Journal, 2006
This paper analyses how the risk-sharing capacity of the financial system varies over the business cycle, leading to procyclical fragility. We show how financial imperfections contribute to underinsurance by entrepreneurs, generating an externality that leads to the build-up of systematic risk during upturns.
Prasanna Gai, Peter Kondor, Nicholas Vause   +2 more
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Procyclical Credit Rating Policy*

Asia-Pacific Journal of Financial Studies, 2015
AbstractThis paper examines whether credit rating agencies applied consistent rating standards to US corporate bonds in the periods surrounding the 2008 financial crisis. Based on estimates of issuing firms' credit quality from a structural model, I find that rating standards are in fact procyclical: ratings are stricter during an economic downturn ...
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