Similar Search Results

Governance of securities clearing and settlement systems

Russo, Daniela; Hart, Terry L.; Papathanassiou, Chryssa - European Central Bank - 2004

forward, the adoption of a harmonized regulatory regime for securities clearing and settlement systems should be considered to …

Persistent link: https://www.econbiz.de/10005222254

Excessive bank risk taking and monetary policy

Agur, Itai; Demertzis, Maria - European Central Bank - 2012

introduce a regulator whose tool is a risk-based capital requirement. We derive from welfare that the regulator trades off bank …

Persistent link: https://www.econbiz.de/10010686731

Cooperation in international banking supervision

Holthausen, Cornelia; Rønde, Thomas - European Central Bank - 2004

This paper analyzes cooperation between sovereign national authorities in the supervision and regulation of a …

Persistent link: https://www.econbiz.de/10005222277

Deposit insurance, moral hazard and market monitoring

Gropp, Reint; Vesala, Jukka - European Central Bank - 2004

banking model we show that deposit insurance may reduce moral hazard, if deposit insurance credibly leaves out non …

Persistent link: https://www.econbiz.de/10005004531

Cross-border bank contagion in Europe

Gropp, Reint; Lo Duca, Marco; Vesala, Jukka - European Central Bank - 2006

This paper analyses cross-border contagion in a sample of European banks from January 1994 to January 2003. We use a multinomial logit model to estimate the number of banks in a given country that experience a large shock on the same day (“coexceedances”) as a function of variables measuring...

Persistent link: https://www.econbiz.de/10005004534

Deposit insurance and moral hazard: does the counterfactual matter?

Gropp, Reint; Vesala, Jukka - European Central Bank - 2001

banking systems have been characterised by strong implicit insurance operating through the expectation of public intervention …

Persistent link: https://www.econbiz.de/10005004538

Banking consolidation and small business lending

Takáts, Elod - European Central Bank - 2004

effects of banking consolidation and technological change on small business lending. The model suggests that not banking size …

Persistent link: https://www.econbiz.de/10005162884

Banking system stability: a cross-Atlantic perspective

Hartmann, Philipp; Straetmans, Stefan; de Vries, Casper - European Central Bank - 2005

This paper derives indicators of the severity and structure of banking system risk from asymptotic interdependencies … the euro area, we can also compare banking system stability between the two largest economies in the world. For Europe we …

Persistent link: https://www.econbiz.de/10005162899

Is there a single frontier in a single European banking market?

Bos, Jaap W. B.; Schmiedel, Heiko - European Central Bank - 2006

1993-2004, the application of meta-frontiers enables us to assess the existence of a single and integrated European banking … market. We find evidence in favor of a single European banking market characterized by cost and profit meta …This paper attempts to estimate comparable efficiency scores for European banks operating in the Single Market in the …

Persistent link: https://www.econbiz.de/10005530694

Equity and bond market signals as leading indicators of bank fragility

Gropp, Reint; Vesala, Jukka; Vulpes, Giuseppe - European Central Bank - 2002

We analyse the ability of the distance-to-default and bond spreads to signal bank fragility. We show that both indicators are complete and unbiased and that spreads are non-linear in the probability of bank default. We empirically test these properties in a sample of EU banks. We find leading...

Persistent link: https://www.econbiz.de/10005530777