Showing 1 - 10 of 129
This paper investigates whether there is any consistency between banks financial strength ratings (bank rating) and their risk-return profiles. It is expected that banks with high ratings tend to earn high expected returns for the risks they assume and thereby have a low probability of...
Persistent link: https://www.econbiz.de/10009365399
This paper surveys studies of the importance of Central Asian small- and medium-sized enterprises (SME) in the economy and their experience during the Russian financial crisis. It also uses survey data from the European Bank for Reconstruction and Developments Business Environment and Enterprise...
Persistent link: https://www.econbiz.de/10009363865
Developing economies are seeking to promote financial inclusion, i.e., greater access to financial services for low-income households and firms, as part of their overall strategies for economic and financial development. This raises the question of whether financial stability and financial...
Persistent link: https://www.econbiz.de/10011278004
In this paper, we present two stylized models of the financial system. We make the case that in order to realize the potential of a well-functioning complete financial market, financial system designers and financial service providers will need to think about ways to deliver financial...
Persistent link: https://www.econbiz.de/10011278007
Developing economies are seeking to promote financial inclusion, i.e., greater access to financial services for low-income households and firms, as part of their overall strategies for economic and financial development. This raises the question of whether financial stability and financial...
Persistent link: https://www.econbiz.de/10011278019
In this paper, we present two stylized models of the financial system. We make the case that in order to realize the potential of a well-functioning complete financial market, financial system designers and financial service providers will need to think about ways to deliver financial...
Persistent link: https://www.econbiz.de/10011278028
the new capital and liquidity requirements under Basel III reforms, arguing that, like its predecessors, Basel III is … fundamentally flawed as a way of designing macroprudential regulation of the finance sector. In contrast, the Dodd-Frank Act has … several redeeming features, including requirements of stress-test-based macroprudential regulation and explicit investigation …
Persistent link: https://www.econbiz.de/10011278035
banking and financial system. This is followed by a discussion on the challenges faced by the regulators of Asian emerging … concludes with policy recommendations for Asian emerging markets to strengthen and enhance the stability of their banking and …
Persistent link: https://www.econbiz.de/10011278051
The recent financial crisis has shown that financial innovation can have devastating systemic impacts. International standard setters’ and national regulators’ response has been a global concerted effort to overhaul and tighten financial regulations....
Persistent link: https://www.econbiz.de/10011278058
the new capital and liquidity requirements under Basel III reforms, arguing that, like its predecessors, Basel III is … fundamentally flawed as a way of designing macroprudential regulation of the finance sector. In contrast, the Dodd-Frank Act has … several redeeming features, including requirements of stress-test-based macroprudential regulation and explicit investigation …
Persistent link: https://www.econbiz.de/10011278130