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Title: Examining the Influence of the Volcker Rule On Post-Crisis Credit Risk Management Conditions in the U.S. Financial Institutions

Citation Type: Dissertation/Thesis

Publication Year: 2019

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Abstract: After the financial crisis in 2008, risk management for financial institutions has become an extremely important issue. Especially for large banks which are “Too Big Too Fail.” In this paper, we examined the influence of the Volcker Rule over the U.S. banks’ risk management conditions. With the implementation of the Volcker Rule in 2014, financial institutions in the U.S. are no longer permitted to engage in proprietary trading. As a result, their profitability has decreased gradually. We argue that this decreasing profitability will make banks lend to riskier borrowers as a compensation. Moreover, in areas where interbank competition is high, banks are more likely to do this.

Url: https://shanghai.nyu.edu/sites/default/files/chenghao_li_thesis_nyush_honors_2019.pdf

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Authors: Li, Chenghao

Institution: NYU Shanghai

Department: Business

Advisor: Anthony Saunders

Degree: B.S.

Publisher Location: Shainghai, China

Pages: 1-25

Data Collections: IPUMS USA, IPUMS NHGIS

Topics: Methodology and Data Collection, Population Data Science

Countries: China