Similar Search Results

Jackson, Patricia; Davies, Howard; Miles, David; … - SUERF Conference on Banking Reform <2015, London>; … - 2016

On 3 December EY hosted a SUERF conference on banking reform with Sir Howard Davies, the Chairman of RBS, and Dame Colette Bowe, the Chairman of the Banking Standards Board, as the two keynote speakers. Professor David Miles (Imperial College) gave the SUERF 2015 Annual Lecture on Capital and...

Persistent link: https://www.econbiz.de/10011554963

The 2007 Meltdown in Structured Securitization : Searching for Lessons, Not Scapegoats

Caprio, Gerard, Jr.; Demirg????-Kunt, Asl??; Kane, Edward J. - 2012

The intensity of recent turbulence in financial markets has surprised nearly everyone. This paper searches out the root causes of the crisis, distinguishing them from scapegoating explanations that have been used in policy circles to divert attention from the underlying breakdown of incentives....

Persistent link: https://www.econbiz.de/10012552219

Current Challenges in Financial Regulation

Claessens, Stijn - 2012

Financial intermediation and financial services industries have undergone many changes in the past two decades due to deregulation, globalization, and technological advances. The framework for regulating finance has seen many changes as well, with approaches adapting to new issues arising in...

Persistent link: https://www.econbiz.de/10012553921

New challenges in central banking : monetary policy governance and macroprudential issues

Gnan, Ernest; Masciandaro, Donato; Cerutti, Eugenio M.; … - New Challenges in Central Banking: Monetary Policy and …; … - 2017

Which are the new frontiers in central banking? Which things have changed in the aftermath of the financial, economic and sovereign debt crisis? These are questions raised frequently by central bankers, academics and interested observers alike. There are quite a few areas to cover in answering...

Persistent link: https://www.econbiz.de/10011754571

Can't pay or won't pay? : unemployment, negative equity, and strategic default

Gerardi, Kristopher; Herkenhoff, Kyle F.; Ohanian, Lee E.; … - 2015 - This version: September 21, 2015

Prior research has found that job loss, as proxied for by regional unemployment rates, is a weak predictor of mortgage default. In contrast, using micro data from the PSID, this paper finds that job loss and adverse financial shocks are important determinants of mortgage default. Households with...

Persistent link: https://www.econbiz.de/10011401237

Bankruptcy Around the World : Explanations of its Relative Use

Claessens, Stijn; Klapper, Leora F. - 2013

also highlighted the importance of insolvency systems to resolve corporate sector financial distress. The literature and … the effects of specific design features of insolvency regimes in relation to the quality of the countries' overall … system. These findings suggest that there are important incentive effects of insolvency systems encouraging less risky …

Persistent link: https://www.econbiz.de/10012559623

Mortgage-default research and the recent foreclosure crisis

Foote, Christopher L.; Willen, Paul - 2017 - This version: October 2017

This paper reviews recent research on mortgage default, focusing on the relationship of this research to the recent foreclosure crisis. Research on defaults was advanced both theoretically and empirically by the time the crisis began, but economists have moved the frontier further by improving...

Persistent link: https://www.econbiz.de/10011764548