Similar Search Results

Universal banks and corporate control: evidence from the global syndicated loan market

Ferreira, Miguel A.; Matos, Pedro - European Central Bank - 2009

stakesor institutional holdings. We investigate the effects of these bank-firm governancelinks on the global syndicated loan …

Persistent link: https://www.econbiz.de/10005866517

Analysing banking sector conditions - how to use macro-prudential indicators

Mörttinen, Leena; Poloni, Paolo; Sandars, Patrick; … - European Central Bank - 2005

This paper presents the methodological and statistical framework for macro-prudential analysis of the financial condition of the EU banking sector that has been adopted by the European System of Central Banks (ESCB). The framework is also a central component of broader financial stability...

Persistent link: https://www.econbiz.de/10005162869

Hedge funds and their implications for financial stability

Garbaravicius, Tomas; Dierick, Frank - European Central Bank - 2005

The paper provides an overview of the hedge fund industry, mainly from a financial stability and European angle. It is primarily based on an extensive analysis of information from the TASS database. On the positive side of the financial stability assessment, hedge funds have a role as providers...

Persistent link: https://www.econbiz.de/10005530646

The bank lending survey for the euro area

Berg, Jesper; Ferrando, Annalisa; Bondt, Gabe de; … - European Central Bank - 2005

This occasional paper explains why the bank lending survey was developed by the ECB and describes its main features. It … clarifies why the survey was introduced. Furthermore, the paper demonstrates that the value added of implementing a bank lending … the internal guidelines or criteria of a bank which reflect the bank’s loan policy. The terms and conditions of a loan …

Persistent link: https://www.econbiz.de/10005530667

Fair value accounting and financial stability

Enria, Andrea; Cappiello, Lorenzo; Dierick, Frank; … - European Central Bank - 2004

simulation exercise is performed on how various external shocks affect the balance sheet of an average European bank under the … introduction of full fair value accounting could have a significant effect in terms of income volatility, procyclicality of bank …

Persistent link: https://www.econbiz.de/10005530668

The New Basel Capital Framework and its implementation in the European Union

Dierick, Frank; Pires, Fatima; Scheicher, Martin; … - European Central Bank - 2005

Following the adoption by the Basel Committee of new capital rules for banks, a process is now taking place in the EU to transpose the rules into Community law and, ultimately, into national legislation. This paper gives an overview of the main issues that relate to the EU implementation, mainly...

Persistent link: https://www.econbiz.de/10005222263

Asset price misalignments and the role of money and credit

Gerdesmeier, Dieter; Reimers, Hans-Eggert; Roffia, Barbara - European Central Bank - 2009

This paper contributes to the literature on the properties of money and creditindicators for detecting asset price misalignments. After a review of the evidence inthe literature on this issue, the paper discusses the approaches that can be consideredto detect asset price busts. Considering a...

Persistent link: https://www.econbiz.de/10005866513

What explains global exchange rate movements during the financial crisis?

Fratzscher, Marcel - European Central Bank - 2009

A striking and unexpected feature of the financial crisis has been the sharpappreciation of the US dollar against virtually all currencies globally. The paper findsthat negative US-specific macroeconomic shocks during the crisis have triggered asignificant strengthening of the US dollar, rather...

Persistent link: https://www.econbiz.de/10005866568

Bidding behaviour in the ECB’s main refinancing operations during the financial crisis

Eisenschmidt, Jens; Hirsch, Astrid; Linzert, Tobias - European Central Bank - 2009

Liquidity provision through its repo auctions has been one of the main instrumentsof the European Central Bank (ECB) to …

Persistent link: https://www.econbiz.de/10005866598

Securitization and lending standards: evidence from the wholesale loan market

Kara, Alper; Marqués-Ibáñez, David; Ongena, Steven - European Central Bank - 2011

. Macroeconomic factors also play a large role explaining the impact of securitization activity on bank lending standards: banks more …

Persistent link: https://www.econbiz.de/10009216682