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Framework for internal control systems in banking organisations

1998

Persistent link: https://www.econbiz.de/10004371706

Markets, Reserves and Lenders of Last Resort as Sources of Bank Liquidity

Herrala, Risto - Suomen Pankki - 2000

firms that are facing solvency shocks. We apply their framework to banking and extend the framework to admit the analysis of …

Persistent link: https://www.econbiz.de/10005419679

Do markup dynamics reflect fundamentals or changes in conduct?

Juselius, Mikael; Kim, Moshe; Ringbom, Staffan - Suomen Pankki - 2009

related to multiple and changing equilibria. Results from applying the model to US and five major European banking sectors …

Persistent link: https://www.econbiz.de/10004979444

Bonus caps, deferrals and bankers' risk-taking

Jokivuolle, Esa; Keppo, Jussi; Yuan, Xuchuan - Suomen Pankki - 2015

the model to US banking data and show that lengthening the standard one-year bonus payment interval has no material impact …

Persistent link: https://www.econbiz.de/10011207862

Should competition policy in banking be amended during crises? Lessons from the EU

Hasan, Iftekhar; Marinc, Matej - Suomen Pankki - 2013

This article investigates the nexus of competition and stability in European banking. It analyzes the European legal … framework for competition policy in banking and several cases that pertain to anti-cartel policy, merger policy, and state …-aid control. It discusses whether and how competition policy should be amended in order to preserve the stability of the banking …

Persistent link: https://www.econbiz.de/10010818987

Bankers' compensation: Sprint swimming in short bonus pools?

Jokivuolle, Esa; Keppo, Jussi - Suomen Pankki - 2014

The global financial crisis of 2007–2008 has given rise to new regulatory initiatives to put restrictions on the size and the term of bankers' pay. We revisit both theoretically and empirically the question of whether these regulations are justified. We model bonuses as a series of sequential...

Persistent link: https://www.econbiz.de/10010734434

Quantitative easing and bank lending: a panel data approach

Joyce, Michael; Spaltro, Marco - Bank of England - 2014

Studies of the Bank of England’s quantitative easing (QE) policy have tended to focus on its impact on financial markets and the broader macroeconomy. Less attention has been given to the effect on banks’ balance sheets and bank lending. In this paper we use a new non-publicly available...

Persistent link: https://www.econbiz.de/10010890904

Screening in the credit market when the collateral value is stochastic

Niinimäki, Juha-Pekka - Suomen Pankki - 2009

This theoretical paper explores screening with loan collateral when both the collateral value and the probability of project success fluctuate. Some model versions challenge the classic findings of Bester (1985) by showing that high-risk borrowers may in such case be more willing to pledge...

Persistent link: https://www.econbiz.de/10005014554

Capital adequacy regulation and financial conglomerates

Mälkönen, Ville - Suomen Pankki - 2004

theoretical background for the regulation of financial institutions, especially insurance and banking companies, and, finally …

Persistent link: https://www.econbiz.de/10005648868

Market power and merger simulation in retail banking

Molnár, József - Suomen Pankki - 2008

This paper tests market power in the banking industry. Price-cost margins predicted by different oligopoly models are … paper is among the first to apply this methodology on a detailed, bank-level dataset from the retail banking sector. It …

Persistent link: https://www.econbiz.de/10005648871