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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/10011557140
SUERF – The European Money and Finance Forum, the Deutsche Bundesbank and the Institute for Monetary and Financial Stability (IMFS) took the opportunity of the first anniversary of this new institution to organise a joint conference in Berlin on 8-9 November 2011. The purpose of this event was...
Persistent link: https://www.econbiz.de/10011711529
This paper contributes to the literature on early warning indicators by applying a Bayesian model averaging approach. Our analysis, based on Austrian data, is carried out in two steps: First, we construct a quarterly financial stress index (AFSI) quantifying the level of stress in the Austrian...
Persistent link: https://www.econbiz.de/10011122558
the Basel II agreement on the pro-cyclicality of bank lending and firms' access to funds during a recession. In response …
Persistent link: https://www.econbiz.de/10011093849
We analyze the impact of financial crises and monetary policy on the supply of wholesale funding liquidity, and also on … the proprietary bank-to-bank European interbank dataset extracted from Target2 and also exploit the Lehman and sovereign … on interbank access and volume is stronger than on spreads. Liquidity supply restrictions are exacerbated for cross …
Persistent link: https://www.econbiz.de/10011161234
affects bank lending depends on the whether the banks are drawing on official sector liquidity facilities. Third, liquidity … heterogeneity in the balance sheet characteristics that affect banks' responses to liquidity risk. Overall, bank balance sheet … financial crisis. Yet, we know little about the actual magnitudes and mechanisms for transmission of liquidity shocks through …
Persistent link: https://www.econbiz.de/10010957099
, depositors, and regulators in connection with bank insolvency may corrupt banks' credit allocation and monitoring decisions … potential endogeneity which are usually inherent to research into the real economic implications of bank regulation. We find a … dependent on bank financing. Our findings are robust to various specifications. Investigating the transmission channels of the …
Persistent link: https://www.econbiz.de/10010957115
In attempting to promote bank stability, the Basel Committee on Banking Supervision (2006) provides a framework that …
Persistent link: https://www.econbiz.de/10010957130
coordination of capital and risk adjustments depends on the amount of capital the bank holds in excess of the regulatory minimum …
Persistent link: https://www.econbiz.de/10005082780
This paper studies the impact of bank regulation and taxation in a dynamic model where banks are exposed to credit and … liquidity risk and can resolve financial distress in three costly forms: bond issuance, equity issuance or fire sales. We find … an inverted U-shaped relationship between capital requirements and bank lending, efficiency, and welfare, with their …
Persistent link: https://www.econbiz.de/10010984720