Arbeitspapier
Equity returns in the banking sector in the wake of the great recession and the European sovereign debt crisis
This study finds that equity returns in the banking sector in the wake of the Great Recession and the European sovereign debt crisis have been driven mainly by weak growth prospects and heightened sovereign risk and to a lesser extent, by deteriorating funding conditions and investor sentiment. While the equity return performance in the banking sector has been dismal in general, better capitalized and less leveraged banks have outperformed their peers, a finding that supports policymakers' efforts to strengthen bank capitalization.
- ISBN
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9783865589507
- Sprache
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Englisch
- Erschienen in
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Series: Bundesbank Discussion Paper ; No. 32/2013
- Klassifikation
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Wirtschaft
Financial Crises
Information and Market Efficiency; Event Studies; Insider Trading
Banks; Depository Institutions; Micro Finance Institutions; Mortgages
- Thema
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banks
equity returns
financial crisis
sovereign risk
sovereign debt crisis
economic growth
regulatory capital
panel data econometrics
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Chan-Lau, Jorge A.
Liu, Estelle X.
Schmittmann, Jochen M.
- Ereignis
-
Veröffentlichung
- (wer)
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Deutsche Bundesbank
- (wo)
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Frankfurt a. M.
- (wann)
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2013
- Handle
- Letzte Aktualisierung
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10.03.2025, 11:41 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Chan-Lau, Jorge A.
- Liu, Estelle X.
- Schmittmann, Jochen M.
- Deutsche Bundesbank
Entstanden
- 2013