Showing 1 - 10 of 14
on loan supply in Turkey. This suggests that the effect of monetary policy in Turkey can be propagated by the banking …
Persistent link: https://www.econbiz.de/10005248226
banking theory. Using a large number of quarterly time series of the G-7 economies in 1980Q1-2010Q2, we show that the model …
Persistent link: https://www.econbiz.de/10009654174
We study versions of a general equilibrium banking model with moral hazard under either constant or increasing returns …
Persistent link: https://www.econbiz.de/10009401196
This paper addresses the challenges to prudential supervision in highly dollarized economies, where central banks and supervisors may be constrained in the use of standard money and financial policy tools. The study’s conclusions are the basis of an ongoing policy dialogue with IMF member...
Persistent link: https://www.econbiz.de/10005824860
This paper presents a model of a banking industry with heterogeneous banks that delivers predictions on the …
Persistent link: https://www.econbiz.de/10005826093
risk-averse depositors. A "banking crisis" is defined as a case in which banks exhaust their reserve assets. Under … different model specifications, the banking industry is either a monopoly bank or a competitive banking industry. If the nominal … rate of interest (rate of inflation) is below (above) some threshold, a monopolistic banking system will always result in a …
Persistent link: https://www.econbiz.de/10005826156
lead to a combination of low depositor trust in the banking system and high credit risk. High credit risk stems mainly from …
Persistent link: https://www.econbiz.de/10005769143
This paper investigates the medium-term behavior of output following banking crises, and its association with pre- and … post-crisis conditions and policies. We find that output tends to be depressed substantially following banking crises, with … associated with medium-run output losses include the short-run change in output, the occurrence of a joint banking …
Persistent link: https://www.econbiz.de/10008540924
We study a simple general equilibrium model in which investment in a risky technology is subject to moral hazard and banks can extract market power rents. We show that more bank competition results in lower economy-wide risk, lower bank capital ratios, more efficient production plans and...
Persistent link: https://www.econbiz.de/10008528628
Many empirical studies of banking crises have employed "banking crisis" (BC) indicators constructedusing primarily … information on government actions undertaken in response to bank distress. Weformulate a simple theoretical model of a banking …
Persistent link: https://www.econbiz.de/10008528706