Add to ORKGAssets of banks located in France are mainly denominated in euro and in US dollar. Currency diversification, which measures how much of assets are denominated in US dollar, implies a credit risk diversification and a valuation effect on assets. As currency diversification affects directly the total converted value of assets, it changes banks’ debt capacity and their resilience to economic shocks. Thereby, currency diversification of assets should affect leverage responsiveness to the value of assets, namely the leverage procyclicality. Using innovative data on credit institutions located in France between1999 and 2014, we examine whether US dollar diversification of assets is pertinent for the analysis of leverage procyclicality. Focusing ...
The recent global \u85nancial crisis has ignited a debate on whether easy monetary conditions can le...
This paper provides new evidence of a bank lending channel in France on the basis of small macroecon...
Our analytical description of how banks’ responses to asset price changes can result in procyclical ...
Assets of banks located in France are mainly denominated in euro and in US dollar. Currency diversif...
The brutal adjustments to global banks’ balance sheets in the wake of the recent economic crisis hav...
Multinational Corporation (MNCs) should gain advantage from international diversification by lowerin...
The Basel Committee on Banking Supervision has introduced in December 2010 a Basel III framework for...
The paper proposes several facts in support of the evidence that French banks actively manage their ...
In this paper, we investigate whether foreign and domestic assets of US firms are financed with borr...
The broad US dollar index has emerged as a global risk factor since the global financial crisis (GFC...
We extend the Tasche (2007) model on the asset correlation bias caused by a currency mismatch betwee...
Loan loss provisions in the euro area are negatively related to GDP growth, i.e., they are procyclic...
Loan loss provisions in the euro area are negatively related to GDP growth, i.e., they are procyclic...
We analyze the dual role of currency mismatch: as a vehicle that exposes the economy to systemic ris...
The recent global \u85nancial crisis has ignited a debate on whether easy monetary conditions can le...
This paper provides new evidence of a bank lending channel in France on the basis of small macroecon...
Our analytical description of how banks’ responses to asset price changes can result in procyclical ...
Assets of banks located in France are mainly denominated in euro and in US dollar. Currency diversif...
The brutal adjustments to global banks’ balance sheets in the wake of the recent economic crisis hav...
Multinational Corporation (MNCs) should gain advantage from international diversification by lowerin...
The Basel Committee on Banking Supervision has introduced in December 2010 a Basel III framework for...
The paper proposes several facts in support of the evidence that French banks actively manage their ...
In this paper, we investigate whether foreign and domestic assets of US firms are financed with borr...
The broad US dollar index has emerged as a global risk factor since the global financial crisis (GFC...
We extend the Tasche (2007) model on the asset correlation bias caused by a currency mismatch betwee...
Loan loss provisions in the euro area are negatively related to GDP growth, i.e., they are procyclic...
Loan loss provisions in the euro area are negatively related to GDP growth, i.e., they are procyclic...
We analyze the dual role of currency mismatch: as a vehicle that exposes the economy to systemic ris...
The recent global \u85nancial crisis has ignited a debate on whether easy monetary conditions can le...
This paper provides new evidence of a bank lending channel in France on the basis of small macroecon...
Our analytical description of how banks’ responses to asset price changes can result in procyclical ...