Similar Search Results

Determinants of the Japan premium: actions speak louder than words

Peek, Joe; Rosengren, Eric S. - Federal Reserve Bank of Boston - 1998

Since August 1995, Japanese banks have had to pay a premium on Eurodollar and Euroyen interbank loans relative to their U.S. and U.K. competitors. This so-called "Japan premium" provides a market indicator of investor anxiety about the ability of Japanese banks to repay loans. We examine the...

Persistent link: https://www.econbiz.de/10005501369

Can we ensure that global banks do not create global problems?

Rosengren, Eric S. - Federal Reserve Bank of Boston - 2009

Presentation by Eric S. Rosengren, President and Chief Executive Officer, Federal Reserve Bank of Boston, for the European Economics and Financial Centre Distinguished Speakers Seminar, London, England, November 10, 2009

Persistent link: https://www.econbiz.de/10010726550

Economic policy and prospects in Iraq

Foote, Christopher L.; Block, William; Crane, Keith; … - 2004

This paper describes the Coalition Provisional Authority's attempts to stabilize and reform Iraq's economy along market … lines. It argues that while security concerns remain serious, Iraq's economy has not been crippled by violence. However …, sustained economic growth will depend on whether Iraq's future leaders pursue the pro-market approaches the Coalition has …

Persistent link: https://www.econbiz.de/10002558952

The poor performance of foreign bank subsidiaries: were the problems acquired or created?

Peek, Joe; Rosengren, Eric S.; Kasirye, Faith - Federal Reserve Bank of Boston - 1998

We examine foreign acquisitions of United States banks around the time of the ownership change to determine whether the observed poor performance of foreign subsidiaries is the result of changes in business strategy or the preexisting characteristics of the target bank. We find that many of the...

Persistent link: https://www.econbiz.de/10005501360

Contingent reserves management: an applied framework

Caballero, Ricardo; Panageas, Stavros - Federal Reserve Bank of Boston - 2004

capital inflows. Hoarding international reserves can be used to smooth the impact of such reversals, but these reserves are …

Persistent link: https://www.econbiz.de/10005501365

Does the Federal Reserve have an informational advantage? you can bank on it

Peek, Joe; Rosengren, Eric S.; Tootell, Geoffrey M. B. - Federal Reserve Bank of Boston - 1998

Even in a world with rational expectations, it has been well established theoretically that if the central bank possesses information superior to that available to the public, there is room for effective and socially beneficial countercyclical monetary policy. This paper tests whether...

Persistent link: https://www.econbiz.de/10005379729

Will legislated early intervention prevent the next banking crisis?

Peek, Joe; Rosengren, Eric S. - Federal Reserve Bank of Boston - 1996

A key provision of the Federal Deposit Insurance Corporation Improvement Act of 1991 (FDICIA) was prompt corrective action (PCA). PCA emphasized early intervention by bank supervisors and was intended to limit forbearance by making supervisory intervention more timely and less discretionary....

Persistent link: https://www.econbiz.de/10005379744

Japanese banking problems: implications for Southeast Asia

Peek, Joe; Rosengren, Eric S. - Federal Reserve Bank of Boston - 1998

Japanese banks are among the world's largest global financial intermediaries, with a significant presence in many regions, particularly the United States and Southeast Asia. In addition to being among the world's largest banks, they have some of the world's largest problems. Recent studies have...

Persistent link: https://www.econbiz.de/10005379769

Banking structure in New England 1993-1996

Bannon, Susan; Black, Krystl - Federal Reserve Bank of Boston - 1996

Persistent link: https://www.econbiz.de/10005410459

Should full employment be a mandate for central banks?

Rosengren, Eric S. - Federal Reserve Bank of Boston - 2013

Remarks by Eric S. Rosengren, President and Chief Executive Officer, Federal Reserve Bank of Boston, at the Federal Reserve Bank of Boston's 57th economic conference, "Fulfilling the Full Employment Mandate - Monetary Policy and the Labor Market", Federal Reserve Bank of Boston, Boston,...

Persistent link: https://www.econbiz.de/10010726538