The dependency of the banks’ assets and liabilities: Evidence from Germany
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In: European Financial Management, Vol. 18, No. 4, 09.2012, p. 602–619.
Research output: Journal contributions › Journal articles › Research › peer-review
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TY - JOUR
T1 - The dependency of the banks’ assets and liabilities
T2 - Evidence from Germany
AU - Memmel, Christoph
AU - Schertler, Andrea Gisela
PY - 2012/9
Y1 - 2012/9
N2 - Two decades of developments in risk-transfer instruments may have fundamentally changed the extent to which banks practice on-balance sheet term and liquidity transformation. These changes should be deliberated in on-balance sheet asset-liability dependencies. By using correlation analyses, we investigate asset-liability dependency for all three sectors of German universal banks from 1994 to 2007 and find that it declined over our sample period. We also investigate whether asset-liability dependency varies systematically with a bank's affinity for using risk-transfer instruments, regulatory capital, and profitability and document several differences between the three sectors of German universal banks.
AB - Two decades of developments in risk-transfer instruments may have fundamentally changed the extent to which banks practice on-balance sheet term and liquidity transformation. These changes should be deliberated in on-balance sheet asset-liability dependencies. By using correlation analyses, we investigate asset-liability dependency for all three sectors of German universal banks from 1994 to 2007 and find that it declined over our sample period. We also investigate whether asset-liability dependency varies systematically with a bank's affinity for using risk-transfer instruments, regulatory capital, and profitability and document several differences between the three sectors of German universal banks.
KW - Management studies
KW - Asset-liability dependency
KW - Correlation analysis
UR - http://www.scopus.com/inward/record.url?scp=84865437530&partnerID=8YFLogxK
U2 - 10.1111/j.1468-036X.2010.00543.x
DO - 10.1111/j.1468-036X.2010.00543.x
M3 - Journal articles
VL - 18
SP - 602
EP - 619
JO - European Financial Management
JF - European Financial Management
SN - 1354-7798
IS - 4
ER -