Bank relationships, business cycles, and financial crises
G Hale - Journal of International Economics, 2012 - Elsevier
The importance of information asymmetries in the capital markets is commonly accepted as
one of the main reasons for home bias in investment. The effects of such asymmetries may …
one of the main reasons for home bias in investment. The effects of such asymmetries may …
Agent-based modeling of systemic risk in the European banking sector
P Teply, T Klinger - Journal of Economic Interaction and Coordination, 2019 - Springer
In this paper, we use an agent-based simulation combined with innovative calibration
techniques to model the European banking system as accurately as possible. Our novel …
techniques to model the European banking system as accurately as possible. Our novel …
Bank capital shock propagation via syndicated interconnectedness
Loan syndication increases bank interconnectedness through co-lending relationships. We
study the financial stability implications of such dependency on syndicate partners in the …
study the financial stability implications of such dependency on syndicate partners in the …
Agent-Based Risk Assessment Model of the European Banking Network
T Klinger, P Teply - CERGE-EI Working Paper Series, 2017 - papers.ssrn.com
The 2007-2009 financial crisis highlighted the vulnerabilities in the global banking system
and shifted research focus to the study of systemic risk. Network theory and agent-based …
and shifted research focus to the study of systemic risk. Network theory and agent-based …
International Linkage, Bank Financing, and Firm Innovation
Y Cheng - Bank Financing, and Firm Innovation (November 26 …, 2019 - papers.ssrn.com
In this study, I explore the role of international bank linkages on firm innovation. I find robust
evidence that borrowing from international-linked banks leads firms to become more …
evidence that borrowing from international-linked banks leads firms to become more …
[PDF][PDF] propagation via syndicated interconnectedness
M Nirei, J Caballero, V Sushko - 2015 - bis.org
Loan syndication increases bank interconnectedness through co-lending relationships. We
study the financial stability implications of such dependency on syndicate partners in the …
study the financial stability implications of such dependency on syndicate partners in the …
[PDF][PDF] Shock Propagation via Banks' Syndicated Interconnectedness
M Nirei, V Sushko - Available at SSRN 2318889, 2013 - papers.ssrn.com
We capture key features of the syndicated loan market in a micro-founded model, which
allows a bottom-up analysis of equilibrium adjustments to shocks. Model simulations …
allows a bottom-up analysis of equilibrium adjustments to shocks. Model simulations …
[PDF][PDF] Bank Relationships, Business Cycles, and Financial Crisis, Working Paper 2011-14
GB Hale - 2011 - fraser.stlouisfed.org
The importance of information asymmetries in the capital markets is commonly accepted as
one of the main reasons for home bias in investment. We posit that effects of such …
one of the main reasons for home bias in investment. We posit that effects of such …