Claudia Lambert
Goethe University Frankfurt
Network
Latest external collaboration on country level. Dive into details by clicking on the dots.
Publication
Featured researches published by Claudia Lambert.
Review of Finance | 2018
Claudia Lambert; Felix Noth; Ulrich Schüwer
This paper explores how banks adjust their risk-based capital ratios and asset allocations following an exogenous shock to their asset quality caused by Hurricane Katrina in 2005. We find that independent banks based in the disaster areas increase their risk-based capital ratios after the hurricane, while those part of a bank holding company do not. The effect on independent banks mainly comes from the subgroup of high-capitalized banks. These banks increase their holdings in government securities and reduce loans to non-financial firms. Hence, banks that become more stable achieve this at the cost of reduced lending.
Archive | 2012
Claudia Lambert; Felix Noth; Ulrich Schüwer
The instability of banks during the recent financial crisis underlines the importance of understanding how banks determine their capital ratios. This paper conducts the first empirical assessment on how banks adjust their capital ratios following an exogenous shock to their asset risks. The existing literature, which uses non-experimental identification, faces the difficulty that banks typically determine capital ratios and asset risks simultaneously. Using Hurricane Katrina as a natural experiment, we find that banks in the disaster areas increase their risk-based capital ratios after the hurricane. This finding shows that banks act precautious by themselves irrespective of regulatory requirements. However, when we examine low-capitalized and high-capitalized banks separately, we find that results are driven by high-capitalized banks. In addition, high-capitalized banks increase their risk-based capital ratios by decreasing loans and not by increasing capital.
Journal of International Money and Finance | 2016
Marcel Fratzscher; Philipp König; Claudia Lambert
DIW Wochenbericht | 2013
Marcel Fratzscher; Philipp König; Claudia Lambert
DIW Economic Bulletin | 2014
Franziska Bremus; Claudia Lambert
DIW Wochenbericht | 2013
Marcel Fratzscher; Philipp König; Claudia Lambert
DIW Economic Bulletin | 2013
Marcel Fratzscher; Philipp König; Claudia Lambert
Wirtschaftsdienst | 2014
Marcel Fratzscher; Claudia Lambert; Malte Rieth
DIW-Wochenbericht | 2014
Franziska Bremus; Claudia Lambert
Archive | 2013
Dilek Bülbül; Hendrik Hakenes; Claudia Lambert