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This Selected Issues paper analyzes France's fiscal stance using a structural stochastic model. The theoretical model features a forward-looking benevolent government that needs to decide the optimal fiscal stance given the level of public debt, the cyclical position of the economy, and...
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area, unlike some areas of investment banking, commercial banks have always been allowed to compete directly with … area, unlike some areas of investment banking, commercial banks have always been allowed to compete directly with … returns for bank advisors when they advise their own loan customers in acquiring other firms. -- Relationship banking …
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-taking incentive prevailed during 1986-92, a period characterized by serious banking problems and financial turmoil. We find that …
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was thus an effective public policy tool, at least banking sector. …
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Using data from bank holding company regulatory reports, we examine the relationshipbetween stock repurchases and financial performance for a large sample of bank holding companies over the years 1987 to 1998. The primary result is that higher levels of repurchases in one year are associated...
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.S. authorities in recent years to recalibrate and further tailor the banking regulatory and supervisory framework and the role of … once the impact of the pandemic on the economy and the banking sector becomes clearer …
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