The Resource Bank funding structures and risk : evidence from the global financial crisis, Francisco F. Vazquez and Pablo Federico

Bank funding structures and risk : evidence from the global financial crisis, Francisco F. Vazquez and Pablo Federico

Label
Bank funding structures and risk : evidence from the global financial crisis
Title
Bank funding structures and risk
Title remainder
evidence from the global financial crisis
Statement of responsibility
Francisco F. Vazquez and Pablo Federico
Creator
Contributor
Author
Issuing body
Subject
Language
eng
Summary
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
Member of
Cataloging source
DJB
Government publication
international or intergovernmental publication
Illustrations
charts
Index
no index present
LC call number
  • HD61
  • HG3881.5.I58
LC item number
  • .V39 2012eb
  • W67 No. 12/29eb
Literary form
non fiction
Nature of contents
  • dictionaries
  • bibliography
Series statement
IMF working paper
Series volume
WP/12/29
Label
Bank funding structures and risk : evidence from the global financial crisis, Francisco F. Vazquez and Pablo Federico
Publication
Note
  • "January 2012."
  • At head of title: European Department
  • Title from PDF title page (IMF Web site, viewed January 25, 2012)
Bibliography note
Includes bibliographical references (pages 18-19)
http://library.link/vocab/branchCode
  • net
Carrier category
online resource
Carrier category code
cr
Carrier MARC source
rdacarrier
Content category
text
Content type code
txt
Content type MARC source
rdacontent
Contents
  • Cover; Abstract; Contents; I. Introduction; II. Related Literature and Empirical Hypotheses; III. Data and Target Variables; A. Indicators of Bank Liquidity and Leverage; B. Global Banks Versus Domestic Banks; C. Bank Failure; IV. Empirical Approach and Quantitative Results; A. Stylized Facts; B. Baseline Regressions; C. Are There Threshold Effects at Play?; D. Are There Differences Across Bank Types?; V. Robustness Check; VI. Concluding Remarks; VII. References; Figures; 1. Evolution of Structural Liquidity and Leverage Before the Crisis, 2001-07
  • 2. Evolution of Structural Liquidity and Leverage by Failed and Non-Failed Banks3. Distributions of Pre-Crisis Liquidity and Leverage across Failed and Non-Failed; Tables; 1. Stylized Balance-Sheet and Weights to Compute the NSFR; 2. Sample Coverage by Region and Type; 3. Summary Statistics of Selected Variables, 2001-07; 4. Pairwise Correlations Between Selected Variables, 2001-07; 5. Baseline Regressions; 6. Estimates of the Marginal Impact on the Probabilities of Default; 7. Probit Regressions by Sub-Samples of Liquidity and Leverage; 8. Regressions by Bank Types
Control code
ocn774383665
Extent
1 online resource (32 pages)
Form of item
online
Isbn
9781463940997
Media category
computer
Media MARC source
rdamedia
Media type code
c
Other physical details
color charts
http://library.link/vocab/recordID
.b27048305
Specific material designation
remote
System control number
  • (OCoLC)774383665
  • imf1463940998

Library Locations

    • Deakin University Library - Geelong Waurn Ponds CampusBorrow it
      75 Pigdons Road, Waurn Ponds, Victoria, 3216, AU
      -38.195656 144.304955
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