Showing 1 - 10 of 91
Persistent link: https://www.econbiz.de/10002109131
banking system. Second, the October 1997 East Asian crisis induced contagion in Asian countries, and it quickly spread to … Latin American and G-7 countries. The contagion from the East Asian crisis to the Canadian banking system was not as strong …, there is no evidence of contagion from the 1994 Mexican peso crisis to the Canadian banking system. Contagion from that …
Persistent link: https://www.econbiz.de/10003852845
, central banks focus on risks that have systemic implications, it is crucial to develop ways to measure these risks. The …
Persistent link: https://www.econbiz.de/10003933233
Persistent link: https://www.econbiz.de/10002195422
We present CoMargin, a new methodology to estimate collateral requirements for central counterparties (CCPs) in derivatives markets. CoMargin depends on both the tail risk of a given market participant and its interdependence with other participants. Our approach internalizes market...
Persistent link: https://www.econbiz.de/10010849953
The days when secrecy and opacity were the bywords of central banking are gone. The advent of inflation targeting in … distinct policy tool under unconventional monetary policies. Drawing on the record to-date at major central banks, as well as … communications before and especially since the crisis. It also highlights some of the challenges facing central banks, particularly …
Persistent link: https://www.econbiz.de/10010849959
The authors document leverage, capital and liquidity ratios of banks in Canada. These ratios are important indicators … of different types of risk with respect to a bank’s balance-sheet management. Particular attention is given to the … observations by different types of banks, including small banks that historically received less attention. In addition, the authors …
Persistent link: https://www.econbiz.de/10010849976
The objective of this paper is to propose an early warning system that can predict the likelihood of the occurrence of financial stress events within a given period of time. To achieve this goal, the signal extraction approach proposed by Kaminsky, Lizondo and Reinhart (1998) is used to monitor...
Persistent link: https://www.econbiz.de/10010960397
A default in the Automated Clearing Settlement System (ACSS) occurs when a Direct Clearer is unable to settle its final obligation. In August 2012, the Canadian Payments Association amended the ACSS by-law and rules to repeal the unwinding provisions from the ACSS default framework. Without...
Persistent link: https://www.econbiz.de/10010960404