Bank Efficiency, Risk-Based Capital, and Real Estate Exposure: The Credit Crunch Revisited
The turbulent real estate market during the early 1990s coincided with the implementation of risk-based capital standards for commercial banks. In this study we use non-parametric linear programming techniques to identify the lost real estate lending due to bank inefficiency. Inefficiency may arise...
Ausführliche Beschreibung
Gespeichert in:
| Autor*in: |
Weber, William L. [verfasserIn] Devaney, Michael [verfasserIn] |
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| Format: |
E-Artikel |
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| Erschienen: |
Oxford, UK: Blackwell Publishing Ltd ; 1999 |
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| Umfang: |
Online-Ressource |
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| Reproduktion: |
2003 ; Blackwell Publishing Journal Backfiles 1879-2005 |
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| Übergeordnetes Werk: |
In: Real estate economics - American Real Estate and Urban Economics Association ; GKD-ID: 5112345, Dallas, Tex., 1995, 27(1999), 1, Seite 0 |
| Übergeordnetes Werk: |
volume:27 ; year:1999 ; number:1 ; pages:0 |
| Links: |
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| DOI / URN: |
10.1111/1540-6229.00764 |
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NLEJ243741677 |
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| 520 | |a The turbulent real estate market during the early 1990s coincided with the implementation of risk-based capital standards for commercial banks. In this study we use non-parametric linear programming techniques to identify the lost real estate lending due to bank inefficiency. Inefficiency may arise from one of three sources: risk-based capital standards which constrain bank real estate lending, inefficiency stemming from managerial oversight of real estate lending, and scale inefficiency which arises from banks not operating at constant returns to scale. The results indicate that the lost real estate lending associated with risk-based capital standards averaged 2.7% of total bank assets. However, banks could compensate by exercising better managerial oversight of real estate lending and by operating at constant returns to scale. | ||
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10.1111/1540-6229.00764 doi (DE-627)NLEJ243741677 DE-627 ger DE-627 rakwb Weber, William L. verfasserin aut Bank Efficiency, Risk-Based Capital, and Real Estate Exposure: The Credit Crunch Revisited Oxford, UK Blackwell Publishing Ltd 1999 Online-Ressource nicht spezifiziert zzz rdacontent nicht spezifiziert z rdamedia nicht spezifiziert zu rdacarrier The turbulent real estate market during the early 1990s coincided with the implementation of risk-based capital standards for commercial banks. In this study we use non-parametric linear programming techniques to identify the lost real estate lending due to bank inefficiency. Inefficiency may arise from one of three sources: risk-based capital standards which constrain bank real estate lending, inefficiency stemming from managerial oversight of real estate lending, and scale inefficiency which arises from banks not operating at constant returns to scale. The results indicate that the lost real estate lending associated with risk-based capital standards averaged 2.7% of total bank assets. However, banks could compensate by exercising better managerial oversight of real estate lending and by operating at constant returns to scale. 2003 Blackwell Publishing Journal Backfiles 1879-2005 |2003|||||||||| Devaney, Michael verfasserin aut In American Real Estate and Urban Economics Association ; GKD-ID: 5112345 Real estate economics Dallas, Tex., 1995 27(1999), 1, Seite 0 Online-Ressource (DE-627)NLEJ243925778 (DE-600)2051891-2 1540-6229 nnns volume:27 year:1999 number:1 pages:0 http://dx.doi.org/10.1111/1540-6229.00764 text/html Verlag Deutschlandweit zugänglich Volltext GBV_USEFLAG_U ZDB-1-DJB GBV_NL_ARTICLE AR 27 1999 1 0 |
| spelling |
10.1111/1540-6229.00764 doi (DE-627)NLEJ243741677 DE-627 ger DE-627 rakwb Weber, William L. verfasserin aut Bank Efficiency, Risk-Based Capital, and Real Estate Exposure: The Credit Crunch Revisited Oxford, UK Blackwell Publishing Ltd 1999 Online-Ressource nicht spezifiziert zzz rdacontent nicht spezifiziert z rdamedia nicht spezifiziert zu rdacarrier The turbulent real estate market during the early 1990s coincided with the implementation of risk-based capital standards for commercial banks. In this study we use non-parametric linear programming techniques to identify the lost real estate lending due to bank inefficiency. Inefficiency may arise from one of three sources: risk-based capital standards which constrain bank real estate lending, inefficiency stemming from managerial oversight of real estate lending, and scale inefficiency which arises from banks not operating at constant returns to scale. The results indicate that the lost real estate lending associated with risk-based capital standards averaged 2.7% of total bank assets. However, banks could compensate by exercising better managerial oversight of real estate lending and by operating at constant returns to scale. 2003 Blackwell Publishing Journal Backfiles 1879-2005 |2003|||||||||| Devaney, Michael verfasserin aut In American Real Estate and Urban Economics Association ; GKD-ID: 5112345 Real estate economics Dallas, Tex., 1995 27(1999), 1, Seite 0 Online-Ressource (DE-627)NLEJ243925778 (DE-600)2051891-2 1540-6229 nnns volume:27 year:1999 number:1 pages:0 http://dx.doi.org/10.1111/1540-6229.00764 text/html Verlag Deutschlandweit zugänglich Volltext GBV_USEFLAG_U ZDB-1-DJB GBV_NL_ARTICLE AR 27 1999 1 0 |
| allfields_unstemmed |
10.1111/1540-6229.00764 doi (DE-627)NLEJ243741677 DE-627 ger DE-627 rakwb Weber, William L. verfasserin aut Bank Efficiency, Risk-Based Capital, and Real Estate Exposure: The Credit Crunch Revisited Oxford, UK Blackwell Publishing Ltd 1999 Online-Ressource nicht spezifiziert zzz rdacontent nicht spezifiziert z rdamedia nicht spezifiziert zu rdacarrier The turbulent real estate market during the early 1990s coincided with the implementation of risk-based capital standards for commercial banks. In this study we use non-parametric linear programming techniques to identify the lost real estate lending due to bank inefficiency. Inefficiency may arise from one of three sources: risk-based capital standards which constrain bank real estate lending, inefficiency stemming from managerial oversight of real estate lending, and scale inefficiency which arises from banks not operating at constant returns to scale. The results indicate that the lost real estate lending associated with risk-based capital standards averaged 2.7% of total bank assets. However, banks could compensate by exercising better managerial oversight of real estate lending and by operating at constant returns to scale. 2003 Blackwell Publishing Journal Backfiles 1879-2005 |2003|||||||||| Devaney, Michael verfasserin aut In American Real Estate and Urban Economics Association ; GKD-ID: 5112345 Real estate economics Dallas, Tex., 1995 27(1999), 1, Seite 0 Online-Ressource (DE-627)NLEJ243925778 (DE-600)2051891-2 1540-6229 nnns volume:27 year:1999 number:1 pages:0 http://dx.doi.org/10.1111/1540-6229.00764 text/html Verlag Deutschlandweit zugänglich Volltext GBV_USEFLAG_U ZDB-1-DJB GBV_NL_ARTICLE AR 27 1999 1 0 |
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10.1111/1540-6229.00764 doi (DE-627)NLEJ243741677 DE-627 ger DE-627 rakwb Weber, William L. verfasserin aut Bank Efficiency, Risk-Based Capital, and Real Estate Exposure: The Credit Crunch Revisited Oxford, UK Blackwell Publishing Ltd 1999 Online-Ressource nicht spezifiziert zzz rdacontent nicht spezifiziert z rdamedia nicht spezifiziert zu rdacarrier The turbulent real estate market during the early 1990s coincided with the implementation of risk-based capital standards for commercial banks. In this study we use non-parametric linear programming techniques to identify the lost real estate lending due to bank inefficiency. Inefficiency may arise from one of three sources: risk-based capital standards which constrain bank real estate lending, inefficiency stemming from managerial oversight of real estate lending, and scale inefficiency which arises from banks not operating at constant returns to scale. The results indicate that the lost real estate lending associated with risk-based capital standards averaged 2.7% of total bank assets. However, banks could compensate by exercising better managerial oversight of real estate lending and by operating at constant returns to scale. 2003 Blackwell Publishing Journal Backfiles 1879-2005 |2003|||||||||| Devaney, Michael verfasserin aut In American Real Estate and Urban Economics Association ; GKD-ID: 5112345 Real estate economics Dallas, Tex., 1995 27(1999), 1, Seite 0 Online-Ressource (DE-627)NLEJ243925778 (DE-600)2051891-2 1540-6229 nnns volume:27 year:1999 number:1 pages:0 http://dx.doi.org/10.1111/1540-6229.00764 text/html Verlag Deutschlandweit zugänglich Volltext GBV_USEFLAG_U ZDB-1-DJB GBV_NL_ARTICLE AR 27 1999 1 0 |
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10.1111/1540-6229.00764 doi (DE-627)NLEJ243741677 DE-627 ger DE-627 rakwb Weber, William L. verfasserin aut Bank Efficiency, Risk-Based Capital, and Real Estate Exposure: The Credit Crunch Revisited Oxford, UK Blackwell Publishing Ltd 1999 Online-Ressource nicht spezifiziert zzz rdacontent nicht spezifiziert z rdamedia nicht spezifiziert zu rdacarrier The turbulent real estate market during the early 1990s coincided with the implementation of risk-based capital standards for commercial banks. In this study we use non-parametric linear programming techniques to identify the lost real estate lending due to bank inefficiency. Inefficiency may arise from one of three sources: risk-based capital standards which constrain bank real estate lending, inefficiency stemming from managerial oversight of real estate lending, and scale inefficiency which arises from banks not operating at constant returns to scale. The results indicate that the lost real estate lending associated with risk-based capital standards averaged 2.7% of total bank assets. However, banks could compensate by exercising better managerial oversight of real estate lending and by operating at constant returns to scale. 2003 Blackwell Publishing Journal Backfiles 1879-2005 |2003|||||||||| Devaney, Michael verfasserin aut In American Real Estate and Urban Economics Association ; GKD-ID: 5112345 Real estate economics Dallas, Tex., 1995 27(1999), 1, Seite 0 Online-Ressource (DE-627)NLEJ243925778 (DE-600)2051891-2 1540-6229 nnns volume:27 year:1999 number:1 pages:0 http://dx.doi.org/10.1111/1540-6229.00764 text/html Verlag Deutschlandweit zugänglich Volltext GBV_USEFLAG_U ZDB-1-DJB GBV_NL_ARTICLE AR 27 1999 1 0 |
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Bank Efficiency, Risk-Based Capital, and Real Estate Exposure: The Credit Crunch Revisited |
| abstract |
The turbulent real estate market during the early 1990s coincided with the implementation of risk-based capital standards for commercial banks. In this study we use non-parametric linear programming techniques to identify the lost real estate lending due to bank inefficiency. Inefficiency may arise from one of three sources: risk-based capital standards which constrain bank real estate lending, inefficiency stemming from managerial oversight of real estate lending, and scale inefficiency which arises from banks not operating at constant returns to scale. The results indicate that the lost real estate lending associated with risk-based capital standards averaged 2.7% of total bank assets. However, banks could compensate by exercising better managerial oversight of real estate lending and by operating at constant returns to scale. |
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The turbulent real estate market during the early 1990s coincided with the implementation of risk-based capital standards for commercial banks. In this study we use non-parametric linear programming techniques to identify the lost real estate lending due to bank inefficiency. Inefficiency may arise from one of three sources: risk-based capital standards which constrain bank real estate lending, inefficiency stemming from managerial oversight of real estate lending, and scale inefficiency which arises from banks not operating at constant returns to scale. The results indicate that the lost real estate lending associated with risk-based capital standards averaged 2.7% of total bank assets. However, banks could compensate by exercising better managerial oversight of real estate lending and by operating at constant returns to scale. |
| abstract_unstemmed |
The turbulent real estate market during the early 1990s coincided with the implementation of risk-based capital standards for commercial banks. In this study we use non-parametric linear programming techniques to identify the lost real estate lending due to bank inefficiency. Inefficiency may arise from one of three sources: risk-based capital standards which constrain bank real estate lending, inefficiency stemming from managerial oversight of real estate lending, and scale inefficiency which arises from banks not operating at constant returns to scale. The results indicate that the lost real estate lending associated with risk-based capital standards averaged 2.7% of total bank assets. However, banks could compensate by exercising better managerial oversight of real estate lending and by operating at constant returns to scale. |
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<?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim"><record><leader>01000caa a22002652 4500</leader><controlfield tag="001">NLEJ243741677</controlfield><controlfield tag="003">DE-627</controlfield><controlfield tag="005">20210707185126.0</controlfield><controlfield tag="007">cr uuu---uuuuu</controlfield><controlfield tag="008">120427s1999 xx |||||o 00| ||und c</controlfield><datafield tag="024" ind1="7" ind2=" "><subfield code="a">10.1111/1540-6229.00764</subfield><subfield code="2">doi</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-627)NLEJ243741677</subfield></datafield><datafield tag="040" ind1=" " ind2=" "><subfield code="a">DE-627</subfield><subfield code="b">ger</subfield><subfield code="c">DE-627</subfield><subfield code="e">rakwb</subfield></datafield><datafield tag="100" ind1="1" ind2=" "><subfield code="a">Weber, William L.</subfield><subfield code="e">verfasserin</subfield><subfield code="4">aut</subfield></datafield><datafield tag="245" ind1="1" ind2="0"><subfield code="a">Bank Efficiency, Risk-Based Capital, and Real Estate Exposure: The Credit Crunch Revisited</subfield></datafield><datafield tag="264" ind1=" " ind2="1"><subfield code="a">Oxford, UK</subfield><subfield code="b">Blackwell Publishing Ltd</subfield><subfield code="c">1999</subfield></datafield><datafield tag="300" ind1=" " ind2=" "><subfield code="a">Online-Ressource</subfield></datafield><datafield tag="336" ind1=" " ind2=" "><subfield code="a">nicht spezifiziert</subfield><subfield code="b">zzz</subfield><subfield code="2">rdacontent</subfield></datafield><datafield tag="337" ind1=" " ind2=" "><subfield code="a">nicht spezifiziert</subfield><subfield code="b">z</subfield><subfield code="2">rdamedia</subfield></datafield><datafield tag="338" ind1=" " ind2=" "><subfield code="a">nicht spezifiziert</subfield><subfield code="b">zu</subfield><subfield code="2">rdacarrier</subfield></datafield><datafield tag="520" ind1=" " ind2=" "><subfield code="a">The turbulent real estate market during the early 1990s coincided with the implementation of risk-based capital standards for commercial banks. In this study we use non-parametric linear programming techniques to identify the lost real estate lending due to bank inefficiency. Inefficiency may arise from one of three sources: risk-based capital standards which constrain bank real estate lending, inefficiency stemming from managerial oversight of real estate lending, and scale inefficiency which arises from banks not operating at constant returns to scale. The results indicate that the lost real estate lending associated with risk-based capital standards averaged 2.7% of total bank assets. However, banks could compensate by exercising better managerial oversight of real estate lending and by operating at constant returns to scale.</subfield></datafield><datafield tag="533" ind1=" " ind2=" "><subfield code="d">2003</subfield><subfield code="f">Blackwell Publishing Journal Backfiles 1879-2005</subfield><subfield code="7">|2003||||||||||</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Devaney, Michael</subfield><subfield code="e">verfasserin</subfield><subfield code="4">aut</subfield></datafield><datafield tag="773" ind1="0" ind2="8"><subfield code="i">In</subfield><subfield code="a">American Real Estate and Urban Economics Association ; GKD-ID: 5112345</subfield><subfield code="t">Real estate economics</subfield><subfield code="d">Dallas, Tex., 1995</subfield><subfield code="g">27(1999), 1, Seite 0</subfield><subfield code="h">Online-Ressource</subfield><subfield code="w">(DE-627)NLEJ243925778</subfield><subfield code="w">(DE-600)2051891-2</subfield><subfield code="x">1540-6229</subfield><subfield code="7">nnns</subfield></datafield><datafield tag="773" ind1="1" ind2="8"><subfield code="g">volume:27</subfield><subfield code="g">year:1999</subfield><subfield code="g">number:1</subfield><subfield code="g">pages:0</subfield></datafield><datafield tag="856" ind1="4" ind2="0"><subfield code="u">http://dx.doi.org/10.1111/1540-6229.00764</subfield><subfield code="q">text/html</subfield><subfield code="x">Verlag</subfield><subfield code="z">Deutschlandweit zugänglich</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_USEFLAG_U</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">ZDB-1-DJB</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_NL_ARTICLE</subfield></datafield><datafield tag="951" ind1=" " ind2=" "><subfield code="a">AR</subfield></datafield><datafield tag="952" ind1=" " ind2=" "><subfield code="d">27</subfield><subfield code="j">1999</subfield><subfield code="e">1</subfield><subfield code="h">0</subfield></datafield></record></collection>
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