Search Results - subject:"haircuts"

Hatchondo, Juan Carlos; Martinez, Leonardo; Sosa … - 2020

suspensions without haircuts on the face value of debt obligations. We quantify the effects of standstills using a standard … standstill with haircuts could reduce creditors' losses and simultaneously increase welfare gains. Our results cast doubts on the … emphasis on standstills without haircuts …

Persistent link: https://www.econbiz.de/10012486150

Central bank collateral as a green monetary policy instrument

McConnell, Andrew; Yanovski, Boyan; Lessmann, Kai - In: Climate policy 22 (2022) 3, pp. 339-355

Persistent link: https://www.econbiz.de/10013167529

Should central bank liquidity be a vehicle for fiscal disciplining?

Vestergaard, Jakob; Gabor, Daniela - In: Cambridge journal of economics 46 (2022) 3, pp. 491-509

Persistent link: https://www.econbiz.de/10013253313

Stabilising virtues of central banks : (re)matching bank liquidity

Legroux, Vincent; Rahmouni-Rousseau, Imene; … - In: Journal of banking & finance 134 (2022), pp. 1-13

Persistent link: https://www.econbiz.de/10013400058

Persistent Unemployment, Sovereign Debt Crises, and the Impact of Haircuts

Prein, Timm - 2019

costs of austerity. I develop a dynamic stochastic model of sovereign debt with long-term debt, endogenous haircuts and …

Persistent link: https://www.econbiz.de/10012141433

Persistent unemployment, sovereign debt crises, and the impact of haircuts

Prein, Timm M. - 2019

costs of austerity. I develop a dynamic stochastic model of sovereign debt with long-term debt, endogenous haircuts and …

Persistent link: https://www.econbiz.de/10012317627

Life after default : private vs. official sovereign debt restructurings

Marchesi, Silvia; Masi, Tania - 2018

Persistent link: https://www.econbiz.de/10011861522

Systemic risk and monetary policy : the haircut gap channel of the lender of last resort

Jasova, Martina; Laeven, Luc; Mendicino, Caterina; … - 2021

Persistent link: https://www.econbiz.de/10012543134

On collateral: Implications for financial stability and monetary policy

Corradin, Stefano; Hoerova, Marie; Heider, Florian - 2017

This paper examines the role of collateral in the financial system, with special emphasis on the implications for financial stability and the conduct of monetary policy. First, we review what drives the demand and supply for both real and financial collateral assets. Then we examine financial...

Persistent link: https://www.econbiz.de/10011853295

On collateral : implications for financial stability and monetary policy

Corradino, Stefano; Heider, Florian; Hoerova, Marie - 2017

Persistent link: https://www.econbiz.de/10011745798

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