The Italian CCB Reform and Usury Credit Risk: A Quantitative Analysis
Author
Abstract
Suggested Citation
DOI: 10.1007/s40797-018-0071-9
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Hans Groeneveld, 2016. "Rabobank Before, During and After the Credit Crisis: From Modesty via Complacency to Fundamental Steps," Contributions to Economics, in: Simeon Karafolas (ed.), Credit Cooperative Institutions in European Countries, pages 169-190, Springer.
- Bester, Helmut, 1994.
"The Role of Collateral in a Model of Debt Renegotiation,"
Journal of Money, Credit and Banking, Blackwell Publishing, vol. 26(1), pages 72-86, February.
- Bester, H., 1990. "The Role Of Collateral In A Model Of Debt Renegotiation," Papers 9060, Tilburg - Center for Economic Research.
- Bester, H., 1990. "The Role of Collateral in a Model of Debt Renegotiation," Discussion Paper 1990-60, Tilburg University, Center for Economic Research.
- Bester, H., 1994. "The role of collateral in a model of debt renegotiation," Other publications TiSEM efe919a3-7b33-4c98-93d1-2, Tilburg University, School of Economics and Management.
- Helmut Bester, 1990. "The Role of Collateral in a Model of Debt Renegotiation," CEPR Financial Markets Paper 0001, European Science Foundation Network in Financial Markets, c/o C.E.P.R, 33 Great Sutton Street, London EC1V 0DX..
- Bester, H., 1990. "The Role of Collateral in a Model of Debt Renegotiation," Other publications TiSEM c3595a51-2a58-40d7-9128-a, Tilburg University, School of Economics and Management.
- Attilio Scaglione, 2014. "Estimating the size of the loan sharking market in Italy," Global Crime, Taylor & Francis Journals, vol. 15(1-2), pages 77-92, April.
- Silvia Del Prete & Marcello Pagnini & Paola Rossi & Valerio Vacca, 2017. "Lending Organization and Credit Supply During the 2008–2009 Crisis," Economic Notes, Banca Monte dei Paschi di Siena SpA, vol. 46(2), pages 207-236, July.
- Alberto Zazzaro & Michele Fratianni & Pietro Alessandrini (ed.), 2009. "The Changing Geography of Banking and Finance," Springer Books, Springer, edition 1, number 978-0-387-98078-2, March.
- Leonardo Gambacorta & Paolo Emilio Mistrulli, 2014.
"Bank Heterogeneity and Interest Rate Setting: What Lessons Have We Learned since Lehman Brothers?,"
Journal of Money, Credit and Banking, Blackwell Publishing, vol. 46(4), pages 753-778, June.
- Leonardo Gambacorta & Paolo Emilio Mistrulli, 2011. "Bank heterogeneity and interest rate setting: What lessons have we learned since Lehman Brothers?," BIS Working Papers 359, Bank for International Settlements.
- Leonardo Gambacorta & Paolo Emilio Mistrulli, 2011. "Bank heterogeneity and interest rate setting: what lessons have we learned since Lehman Brothers?," Temi di discussione (Economic working papers) 829, Bank of Italy, Economic Research and International Relations Area.
- Robert G. King & Ross Levine, 1993.
"Finance and Growth: Schumpeter Might Be Right,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 108(3), pages 717-737.
- King, Robert G. & Levine, Ross, 1993. "Finance and growth : Schumpeter might be right," Policy Research Working Paper Series 1083, The World Bank.
- Giovanni Ferri, 2012. "Credit Cooperatives: Challenges and Opportunities in the New Global Scenario," Euricse Working Papers 1231, Euricse (European Research Institute on Cooperative and Social Enterprises).
- Amedeo Argentiero & Michele Bagella & Francesco Busato, 2008.
"Money laundering in a two-sector model: using theory for measurement,"
European Journal of Law and Economics, Springer, vol. 26(3), pages 341-359, December.
- Amedeo Argentiero & Michele Bagella & Francesco Busato, 2008. "Money laundering in a two sector model: using theory for measurement," CEIS Research Paper 128, Tor Vergata University, CEIS, revised 09 Sep 2008.
- Raffaella Barone & Donato Masciandaro, 2017. "Crime, Money Laundering, And Credit Markets: Can Usury Exist At The Zero Lower Bound?," BAFFI CAREFIN Working Papers 1761, BAFFI CAREFIN, Centre for Applied Research on International Markets Banking Finance and Regulation, Universita' Bocconi, Milano, Italy.
- Panu Kalmi, 2016. "Co-operative Banks in Finland," Contributions to Economics, in: Simeon Karafolas (ed.), Credit Cooperative Institutions in European Countries, pages 43-54, Springer.
- Allen N. Berger & Gregory F. Udell, 2002.
"Small Business Credit Availability and Relationship Lending: The Importance of Bank Organisational Structure,"
Economic Journal, Royal Economic Society, vol. 112(477), pages 32-53, February.
- Allen N. Berger & Gregory F. Udell, 2001. "Small business credit availability and relationship lending: the importance of bank organizational structure," Finance and Economics Discussion Series 2001-36, Board of Governors of the Federal Reserve System (U.S.).
- Raffaella Barone & Domenico Delle Side & Donato Masciandaro, 2018.
"Drug trafficking, money laundering and the business cycle: Does secular stagnation include crime?,"
Metroeconomica, Wiley Blackwell, vol. 69(2), pages 409-426, May.
- Raffaella Barone & Domenico Delle Side & Donato Masciandaro, 2017. "Drug Trafficking, Money Laundering And The Business Cycle: Does Secular Stagnation Include Crime?," BAFFI CAREFIN Working Papers 1747, BAFFI CAREFIN, Centre for Applied Research on International Markets Banking Finance and Regulation, Universita' Bocconi, Milano, Italy.
- Tito Belchior Siva Moreira, 2007. "A Two-Period Model of Money Laundering and Organized Crime," Economics Bulletin, AccessEcon, vol. 11(3), pages 1-5.
- Massimo Biasin, 2016. "The German Cooperative Banks. An Economic Overview," Contributions to Economics, in: Simeon Karafolas (ed.), Credit Cooperative Institutions in European Countries, pages 83-110, Springer.
- Caporale, Guglielmo Maria & Di Colli, Stefano & Lopez, Juan Sergio, 2014.
"Bank lending procyclicality and credit quality during financial crises,"
Economic Modelling, Elsevier, vol. 43(C), pages 142-157.
- Guglielmo Maria Caporale & Stefano Di Colli & Juan Sergio Lopez, 2013. "Bank Lending Procyclicality and Credit Quality during Financial Crises," Discussion Papers of DIW Berlin 1309, DIW Berlin, German Institute for Economic Research.
- Paolo Emilio Mistrulli & Valerio Vacca, 2015. "Social capital and the cost of credit: evidence from a crisis," Temi di discussione (Economic working papers) 1009, Bank of Italy, Economic Research and International Relations Area.
- Paolo Coccorese & Giovanni Ferri & Fabiola Spiniello, 2017. "Are mergers among cooperative banks worth a dime? Evidence on post-M&A efficiency in Italy," CERBE Working Papers wpC18, CERBE Center for Relationship Banking and Economics.
- Stiglitz, Joseph E & Weiss, Andrew, 1981. "Credit Rationing in Markets with Imperfect Information," American Economic Review, American Economic Association, vol. 71(3), pages 393-410, June.
- Panu Kalmi, 2017. "The Role of Stakeholder Banks in the European Banking Sector," Palgrave Macmillan Studies in Banking and Financial Institutions, in: Ewa Miklaszewska (ed.), Institutional Diversity in Banking, chapter 2, pages 33-50, Palgrave Macmillan.
- Riccardo LUCCHETTI & Luca PAPI & Alberto ZAZZARO, 1999. "Efficienza del sistema bancario e crescita economica nelle regioni italiane," Working Papers 121, Universita' Politecnica delle Marche (I), Dipartimento di Scienze Economiche e Sociali.
- Hasan, Iftekhar & Jackowicz, Krzysztof & Kowalewski, Oskar & Kozlowski, Lukasz, 2014.
"Bank Ownership Structure, SME Lending and Local Credit Markets,"
Working Papers
14-12, University of Pennsylvania, Wharton School, Weiss Center.
- Hasan, Iftekhar & Jackowicz, Krzysztof & Kowalewski, Oskar & Kozłowski, Łukasz, 2014. "Bank ownership structure, SME lending and local credit markets," Bank of Finland Research Discussion Papers 22/2014, Bank of Finland.
- Johann Brazda & Holger Blisse & Robert Schediwy, 2016. "Cooperative Banks in the Austrian Banking System," Contributions to Economics, in: Simeon Karafolas (ed.), Credit Cooperative Institutions in European Countries, pages 3-18, Springer.
- Kenneth P. Brevoort & John D. Wolken, 2009. "Does Distance Matter in Banking?," Springer Books, in: Alberto Zazzaro & Michele Fratianni & Pietro Alessandrini (ed.), The Changing Geography of Banking and Finance, edition 1, chapter 0, pages 27-56, Springer.
- Ivana Catturani & Maria Lucia Stefani, 2016. "Italian Credit Cooperative Banks," Contributions to Economics, in: Simeon Karafolas (ed.), Credit Cooperative Institutions in European Countries, pages 149-167, Springer.
- repec:ebl:ecbull:v:11:y:2007:i:3:p:1-5 is not listed on IDEAS
- Silvia Del Prete & Marcello Pagnini & Paola Rossi & Valerio Vacca, 2017. "Lending organization and credit supply during the 2008-09 crisis," Temi di discussione (Economic working papers) 1108, Bank of Italy, Economic Research and International Relations Area.
- repec:zbw:bofrdp:2014_022 is not listed on IDEAS
- Raffaella Barone & Donato Masciandaro, 2011. "Organized crime, money laundering and legal economy: theory and simulations," European Journal of Law and Economics, Springer, vol. 32(1), pages 115-142, August.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Raffaella Barone & Donato Masciandaro & Friedrich Schneider, 2019.
"Money Laundering And Corruption: Birds Of A Feather Flock Together,"
BAFFI CAREFIN Working Papers
19112, BAFFI CAREFIN, Centre for Applied Research on International Markets Banking Finance and Regulation, Universita' Bocconi, Milano, Italy.
- Raffaella Barone & Donato Masciandaro & Friedrich Schneider, 2019. "Money laundering and corruption: birds of a feather flock together," CESifo Working Paper Series 7687, CESifo.
- Sonia Stefanizzi & Tatiana Lysova, 2024. "Usury vulnerability: measuring and modelling the phenomenon in Italy," Quality & Quantity: International Journal of Methodology, Springer, vol. 58(4), pages 3845-3862, August.
- Raffaella Barone & Donato Masciandaro, 2019.
"Cryptocurrency or usury? Crime and alternative money laundering techniques,"
European Journal of Law and Economics, Springer, vol. 47(2), pages 233-254, April.
- Raffaella Barone & Donato Masciandaro, 2018. "Cryptocurrency Or Usury? Crime And Alternative Money Laundering Techniques," BAFFI CAREFIN Working Papers 18101, BAFFI CAREFIN, Centre for Applied Research on International Markets Banking Finance and Regulation, Universita' Bocconi, Milano, Italy.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Raffaella Barone & Donato Masciandaro & Friedrich Schneider, 2022. "Corruption and money laundering: You scratch my back, i’ll scratch yours," Metroeconomica, Wiley Blackwell, vol. 73(1), pages 318-342, February.
- Stefano Filomeni & Gregory F. Udell & Alberto Zazzaro, 2016.
"Hardening Soft Information: How Far Has Technology Taken Us?,"
CSEF Working Papers
455, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy.
- Stefano Filomeni & Gregory F. Udell & Alberto Zazzaro, 2016. "Hardening Soft Information: How Far Has Technology Taken Us?," Mo.Fi.R. Working Papers 121, Money and Finance Research group (Mo.Fi.R.) - Univ. Politecnica Marche - Dept. Economic and Social Sciences.
- Andrea F. Presbitero & Gregory F. Udell & Alberto Zazzaro, 2014.
"The Home Bias and the Credit Crunch: A Regional Perspective,"
Journal of Money, Credit and Banking, Blackwell Publishing, vol. 46(s1), pages 53-85, February.
- Andrea Filippo Presbitero & Gregory F. Udell & Alberto Zazzaro, 2012. "The Home Bias and the Credit Crunch: A Regional Perspective," Mo.Fi.R. Working Papers 60, Money and Finance Research group (Mo.Fi.R.) - Univ. Politecnica Marche - Dept. Economic and Social Sciences.
- Raffaella Barone & Donato Masciandaro, 2019.
"Cryptocurrency or usury? Crime and alternative money laundering techniques,"
European Journal of Law and Economics, Springer, vol. 47(2), pages 233-254, April.
- Raffaella Barone & Donato Masciandaro, 2018. "Cryptocurrency Or Usury? Crime And Alternative Money Laundering Techniques," BAFFI CAREFIN Working Papers 18101, BAFFI CAREFIN, Centre for Applied Research on International Markets Banking Finance and Regulation, Universita' Bocconi, Milano, Italy.
- Josh Ryan-Collins, 2021. "Breaking the housing–finance cycle: Macroeconomic policy reforms for more affordable homes," Environment and Planning A, , vol. 53(3), pages 480-502, May.
- Schäfer, Dorothea & Werwatz, Axel & Zimmermann, Volker, 2004.
"The Determinants of Debt and (Private) Equity Financing : The Case of Young, Innovative SMEs from Germany,"
EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 11(3), pages 225-248.
- Dorothea Schafer & Axel Werwatz & Volker Zimmermann, 2004. "The Determinants of Debt and (Private) Equity Financing: The Case of Young, Innovative SMEs from Germany," Industry and Innovation, Taylor & Francis Journals, vol. 11(3), pages 225-248.
- Pietro Alessandrini & Andrea Filippo Presbitero & Alberto Zazzaro, 2008. "Global Banking and Local Markets," Mo.Fi.R. Working Papers 4, Money and Finance Research group (Mo.Fi.R.) - Univ. Politecnica Marche - Dept. Economic and Social Sciences.
- Silvia Del Prete & Cristina Demma & Iconio Garrì & Marco Piazza & Giovanni Soggia, 2022. "The heterogeneous effects of bank mergers and acquisitions on credit to firms: evidence from Italian macro-regions," Temi di discussione (Economic working papers) 1382, Bank of Italy, Economic Research and International Relations Area.
- Barboni, Giorgia & Rossi, Carlotta, 2019. "Does your neighbour know you better? The supportive role of local banks in the financial crisis," Journal of Banking & Finance, Elsevier, vol. 106(C), pages 514-526.
- Davide Arnaudo & Giacinto Micucci & Massimiliano Rigon & Paola Rossi, 2019. "Should I Stay or Should I Go? Firms’ Mobility Across Banks in the Aftermath of the Financial Crisis," Italian Economic Journal: A Continuation of Rivista Italiana degli Economisti and Giornale degli Economisti, Springer;Società Italiana degli Economisti (Italian Economic Association), vol. 5(1), pages 17-37, March.
- carlotta rossi & giorgia barboni, 2013. "Does your neighbour know you better? Local banks and credit tightening in the financial crisis," ERSA conference papers ersa13p798, European Regional Science Association.
- Leonardo Becchetti & Fabio Pisani, 2010. "Microfinance, subsidies and local externalities," Small Business Economics, Springer, vol. 34(3), pages 309-321, April.
- Gardó, Sándor & Klaus, Benjamin, 2020.
"Overcapacities in banking: Measurement, trends and determinants,"
Economic Modelling, Elsevier, vol. 91(C), pages 819-834.
- Gardó, Sándor & Klaus, Benjamin, 2019. "Overcapacities in banking: measurements, trends and determinants," Occasional Paper Series 236, European Central Bank.
- Marco Valentini, 2006. "Ristrutturazione del sistema creditizio, piccole e medie imprese e crescita economica nel mezzogiorno," Departmental Working Papers of Economics - University 'Roma Tre' 0065, Department of Economics - University Roma Tre.
- Schäfer, Dorothea & Werwatz, Axel & Zimmermann, Volker, 2004.
"The determinants of debt and (private-) equity financing in young innovative SMEs: Evidence from Germany,"
CFS Working Paper Series
2004/06, Center for Financial Studies (CFS).
- Dorothea Schäfer & Axel Werwatz & Volker Zimmermann, 2004. "The Determinants of Debt and (Private-) Equity Financing in Young Innovative SMEs: Evidence from Germany," Discussion Papers of DIW Berlin 411, DIW Berlin, German Institute for Economic Research.
- Backman, Mikaela, 2013. "Banks and New Firm Formation," Working Paper Series in Economics and Institutions of Innovation 301, Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies.
- Luca Papi & Emma Sarno & Alberto Zazzaro, 2017.
"The geographical network of bank organizations: issues and evidence for Italy,"
Chapters, in: Ron Martin & Jane Pollard (ed.), Handbook on the Geographies of Money and Finance, chapter 8, pages 156-196,
Edward Elgar Publishing.
- Luca Papi & Emma Sarno & Alberto Zazzaro, 2015. "The geographical network of bank organizations: issues and evidence for Italy," Mo.Fi.R. Working Papers 105, Money and Finance Research group (Mo.Fi.R.) - Univ. Politecnica Marche - Dept. Economic and Social Sciences.
- Luca Papi & Emma Sarno & Alberto Zazzaro, 2015. "The Geographical Network of Bank Organizations: Issues and Evidence for Italy," CSEF Working Papers 403, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy.
- Cole, Rebel A. & Sokolyk, Tatyana, 2018. "Debt financing, survival, and growth of start-up firms," Journal of Corporate Finance, Elsevier, vol. 50(C), pages 609-625.
- Hainz, Christa & Dinh, Thanh & Kleimeier, Stefanie, 2011. "Collateral and its Determinants: Evidence from Vietnam," Proceedings of the German Development Economics Conference, Berlin 2011 36, Verein für Socialpolitik, Research Committee Development Economics.
- Raffaella Barone & Domenico Delle Side & Donato Masciandaro, 2018.
"Drug trafficking, money laundering and the business cycle: Does secular stagnation include crime?,"
Metroeconomica, Wiley Blackwell, vol. 69(2), pages 409-426, May.
- Raffaella Barone & Domenico Delle Side & Donato Masciandaro, 2017. "Drug Trafficking, Money Laundering And The Business Cycle: Does Secular Stagnation Include Crime?," BAFFI CAREFIN Working Papers 1747, BAFFI CAREFIN, Centre for Applied Research on International Markets Banking Finance and Regulation, Universita' Bocconi, Milano, Italy.
More about this item
Keywords
Cooperative credit banks; Law; Usury credit; Money laundering; Organized crime;All these keywords.
JEL classification:
- G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
- G34 - Financial Economics - - Corporate Finance and Governance - - - Mergers; Acquisitions; Restructuring; Corporate Governance
- K14 - Law and Economics - - Basic Areas of Law - - - Criminal Law
- K40 - Law and Economics - - Legal Procedure, the Legal System, and Illegal Behavior - - - General
- P13 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Cooperative Enterprises
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:italej:v:4:y:2018:i:3:d:10.1007_s40797-018-0071-9. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.