EconStor >
Deutsche Bundesbank, Forschungszentrum, Frankfurt am Main >
Discussion Paper Series 2: Banking and Financial Studies, Deutsche Bundesbank >

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10419/32550
  

Full metadata record

DC FieldValueLanguage
dc.contributor.authorKick, Thomasen_US
dc.contributor.authorKoetter, Michaelen_US
dc.contributor.authorPoghosyan, Tigranen_US
dc.date.accessioned2010-05-18en_US
dc.date.accessioned2010-05-20T14:24:17Z-
dc.date.available2010-05-20T14:24:17Z-
dc.date.issued2010en_US
dc.identifier.isbn978-3-86558-613-1en_US
dc.identifier.urihttp://hdl.handle.net/10419/32550-
dc.description.abstractBased on detailed regulatory intervention data among German banks during 1994-2008, we test if supervisory measures affect the likelihood and the timing of bank recovery. Severe regulatory measures increase both the likelihood of recovery and its duration while weak measures are insignificant. Results seem not to be driven by regulators directing measures to particularly bad banks. That is, our results remain intact when we exclude banks that eventually exit the market due to restructuring mergers or moratoria. More transparent publication requirements of public incorporation that indicate more exposure to market discipline are barely or not at all significant. Increasing earnings and cleaning credit portfolios are consistently of importance to increase recovery likelihood, whereas earnings growth accelerates the timing of recovery. Macroeconomic conditions also matter for bank recovery. Hence, concerted micro- and macro-prudential policies are key to facilitate distressed bank recovery.en_US
dc.language.isoengen_US
dc.publisherDeutsche Bundesbank Frankfurt am Mainen_US
dc.relation.ispartofseriesDiscussion Paper Series 2: Banking and financial studies 2010,02en_US
dc.subject.jelG28en_US
dc.subject.jelC41en_US
dc.subject.jelG21en_US
dc.subject.ddc330en_US
dc.subject.keywordBank distressen_US
dc.subject.keywordcapital supporten_US
dc.subject.keywordregulationen_US
dc.subject.keywordrecoveryen_US
dc.subject.stwBankinsolvenzen_US
dc.subject.stwBankenpolitiken_US
dc.subject.stwBankenaufsichten_US
dc.subject.stwDeutschlanden_US
dc.titleRecovery determinants of distressed banks: Regulators, market discipline, or the environment?en_US
dc.typeWorking Paperen_US
dc.identifier.ppn626259231en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
dc.identifier.repecRePEc:zbw:bubdp2:201002-
Appears in Collections:Discussion Paper Series 2: Banking and Financial Studies, Deutsche Bundesbank

Files in This Item:
File Description SizeFormat
626259231.pdf186.31 kBAdobe PDF
No. of Downloads: Counter Stats
Show simple item record
Download bibliographical data as: BibTeX

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.