03274nam 2200661Ia 450 991046400830332120170815101923.01-4623-7595-21-4527-9648-31-282-84357-51-4518-7290-99786612843570(CKB)3170000000055289(EBL)1608342(SSID)ssj0000940061(PQKBManifestationID)11600617(PQKBTitleCode)TC0000940061(PQKBWorkID)10947099(PQKB)11354402(OCoLC)712987729(MiAaPQ)EBC1608342(EXLCZ)99317000000005528920100609d2009 uf 0engur|n|---|||||txtccrBank competition, risk, and asset allocations[electronic resource] /prepared by john H. Boyd, Gianni De Nicolò and Abu M. Jalal[Washington, D.C.] International Monetary Fund, Research Dept.20091 online resource (37 p.)IMF working paper ;WP/09/143"July 2009."1-4519-1719-8 Table of Contents; I. Introduction; II. The Model; Entrepreneurs; Depositors; Banks; Equilibrium; III. Evidence; A. Measurement of competition; B. Measurement of risk; C. Samples; D. Results for the U.S. Sample; E. Results for the International Sample; IV. Alternative Risk Measures; A. Loan Loss Measures of Risk; B. Actual Failures (or near failures) as the Dependent Variable; V. Conclusion; References; Tables; 1. U.S. Sample; 2. U.S. Sample Regressions; 3. International Sample; 4. International Sample Regressions; 5. U.S. Sample Loan Loss Measures; 6. International Sample Loan Loss Measures7. International Sample: Proxy Measures of (near) FailureWe study a banking model in which banks invest in a riskless asset and compete in both deposit and risky loan markets. The model predicts that as competition increases, both loans and assets increase; however, the effect on the loans-to-assets ratio is ambiguous. Similarly, as competition increases, the probability of bank failure can either increase or decrease. We explore these predictions empirically using a cross-sectional sample of 2,500 U.S. banks in 2003, and a panel data set of about 2600 banks in 134 non-industrialized countries for the period 1993-2004. With both samples, we find thaIMF working paper ;WP/09/143.Banks and bankingEconometric modelsCompetitionEconometric modelsAsset allocationRisk managementElectronic books.Banks and bankingEconometric models.CompetitionEconometric models.Asset allocation.Risk management.Boyd John H281840De Nicoló Gianni375199Jalal Abu M990401International Monetary Fund.Research Dept.MiAaPQMiAaPQMiAaPQBOOK9910464008303321Bank competition, risk, and asset allocations2292181UNINA