Similar Search Results

Financial stability policies for shadow banking

Adrian, Tobias - Federal Reserve Bank of New York - 2014

This paper explores financial stability policies for the shadow banking system. I tie policy options to economic mechanisms for shadow banking that have been documented in the literature. I then illustrate the role of shadow bank policies using three examples: agency mortgage real estate...

Persistent link: https://www.econbiz.de/10010751388

Discussion of “Systemic Risk and the Solvency-Liquidity Nexus of Banks”

Adrian, Tobias - Federal Reserve Bank of New York - 2015

Pierret (2015) presents empirical analysis of the solvency-liquidity nexus for the banking system, documenting that a …-causes higher solvency risk. These results point toward a tight interaction between solvency and liquidity risk over time. My …

Persistent link: https://www.econbiz.de/10011241660

Liquidity risk and U.S. bank lending at home and abroad

Goldberg, Linda S.; Correa, Ricardo; Rice, Tara - Federal Reserve Bank of New York - 2014

While the balance sheet structure of U.S. banks influences how they respond to liquidity risks, the mechanisms for the …-sectional differences in response to liquidity risk depend on the banks’ shares of core deposit funding. By contrast, differences across … global banks (those with foreign affiliates) are associated with ex ante liquidity management strategies as reflected in …

Persistent link: https://www.econbiz.de/10010784189

International banking and liquidity risk transmission: lessons from across countries

Buch, Claudia M.; Goldberg, Linda S. - Federal Reserve Bank of New York - 2014

financial crisis. Yet we know little about the actual magnitudes and mechanisms for transmission of liquidity shocks through … studies conducted in eleven countries to explore liquidity risk transmission. Among the main results is, first, that … explanatory power of the empirical model is higher for domestic lending than for international lending. Second, how liquidity risk …

Persistent link: https://www.econbiz.de/10010784190

ECB monetary operations and the interbank repo market

Dunne, Peter G.; Fleming, Michael J.; Zholos, Andrey - Federal Reserve Bank of New York - 2013

We examine the relationship between monetary policy operations and interbank borrowing and lending of funds using sovereign bonds as collateral. We first establish that, in the precrisis period, there are important but rather weak relations between these funding sources and that this...

Persistent link: https://www.econbiz.de/10010732481

Risk governance: appetite, culture and the limits of limits

Alix, Michael - Federal Reserve Bank of New York - 2012

Remarks at the Risk USA 2012 Conference, New York City.

Persistent link: https://www.econbiz.de/10010724991

Welcoming remarks at Workshop on the Risks of Wholesale Funding

Dudley, William - Federal Reserve Bank of New York - 2014

Remarks at the Workshop on the Risks of Wholesale Funding, Federal Reserve Bank of New York, New York City.

Persistent link: https://www.econbiz.de/10010890130

A leverage-based measure of financial instability

Borowiecki, Karol Jan; Tepper, Alexander - Federal Reserve Bank of New York - 2014

We employ a model of leverage-induced explosive behavior in financial markets to develop a measure of financial market instability. Specifically, we derive a quantitative condition for how large levered investors can become relative to the whole market before the demand curve for securities...

Persistent link: https://www.econbiz.de/10010890135

CDS and equity market reactions to stock issuances in the U.S. financial industry: evidence from the 2002-13 period

Mehran, Hamid; Wei, Chenyang; Cornette, Marcia Millon; … - Federal Reserve Bank of New York - 2014

We study market reactions to seasoned equity issuances that were announced by financial companies between 2002 and 2013. To assess the risk and valuation implications of these seasoned equity issuances, we conduct an event analysis using daily credit default swap (CDS) and stock market pricing...

Persistent link: https://www.econbiz.de/10010942922

Supervisory stress tests

Hirtle, Beverly; Lehnert, Andreas - Federal Reserve Bank of New York - 2014

This article describes the background, design choices and particular details of stress tests used as part of an overall supervisory regime; that is, their formal integration into the process of the ongoing prudential supervision of banks and other large financial institutions. We then describe...

Persistent link: https://www.econbiz.de/10010942923

1
2
3
4
5
6
7
8
9
Next
Last