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Simmons, Beth A - Bank for International Settlements (BIS) - 2006

. This article explores these questions by first providing an overview of central banks and bankers. Among the G-10 countries …

Persistent link: https://www.econbiz.de/10005121438

The institutional memory hypothesis and the procyclicality of bank lending behaviour

Berger, Allen N.; Udell, Gregory F. - Bank for International Settlements (BIS) - 2003

the bank.s lending cycle that results in an easing of credit standards. This easing of standards may be compounded by … individual US banks over the period 1980-2000. We employ over 200,000 observations on commercial loan growth measured at the bank …

Persistent link: https://www.econbiz.de/10005063324

Is price stability enough?

White, William R. - Bank for International Settlements (BIS) - 2006

No one in the industrial countries should now question the substantial economic benefits associated with reducing inflation from earlier, high levels. At the same time, history also teaches that the stability of consumer prices might not be sufficient to ensure macroeconomic stability. Past...

Persistent link: https://www.econbiz.de/10005063325

Procyclicality in the financial system: do we need a new macrofinancial stabilisation framework?

White, William R. - Bank for International Settlements (BIS) - 2006

The successful pursuit of the objective of low inflation by central banks in recent decades has also delivered low …

Persistent link: https://www.econbiz.de/10005063330

Beyond current policy frameworks

Goodhart, Charles A E - Bank for International Settlements (BIS) - 2005

On 18-19 June 2004, the BIS held a conference on "Understanding Low Inflation and Deflation". This event brought together central bankers, academics and market practitioners to exchange views on this issue (see the conference programme in this document). This paper was presented at the workshop....

Persistent link: https://www.econbiz.de/10005063339

One hundred and thirty years of central bank cooperation: a BIS perspective

Borio, Claudio E. V.; Toniolo, Gianni - Bank for International Settlements (BIS) - 2006

autonomy of central banks and the technical nature of the issues requiring cooperation. We also argue that the BIS made a …

Persistent link: https://www.econbiz.de/10005063359

Innovations in credit risk transfer: implications for financial stability

Duffie, Darrell - Bank for International Settlements (BIS) - 2008

Banks and other lenders often transfer credit risk to liberate capital for further loan intermediation. This paper aims … following points are discussed: motivations for CRT by banks; risk retention; theories of CDO design; specialty finance …

Persistent link: https://www.econbiz.de/10005157624

Dynamic prudential regulation: Is prompt corrective action optimal?

Shim, Ilhyock - Bank for International Settlements (BIS) - 2006

Prompt Corrective Action (PCA) prescribes prompt and deterministic termination of banks with insufficient levels of …

Persistent link: https://www.econbiz.de/10005063327

Should banks be diversified? Evidence from individual bank loan portfolios

Hasan, Iftekhar; Saunders, Anthony; Acharya, Viral V. - Bank for International Settlements (BIS) - 2002

We study empirically the effect of focus (specialization) vs. diversification on the return and the risk of banks using … data from 105 Italian banks over the period 1993-1999. Specifically, we analyze the tradeoffs between (loan portfolio … bank return while endogenously producing riskier loans for all banks in our sample (this effect being most powerful for …

Persistent link: https://www.econbiz.de/10005063334

Architects of stability? International cooperation among financial supervisors

Kapstein, Ethan B - Bank for International Settlements (BIS) - 2006

The objective of this paper is to provide a balanced assessment of international cooperation among financial regulators, with a focus on banking supervision. While recognizing the undeniable – and even unexpected – achievements of these regulators in building a cooperative framework for...

Persistent link: https://www.econbiz.de/10005063335