Showing 1 - 10 of 993
This paper proposes an approach to track US$1 trillion of emerging market government debt held by<br>foreign investors in local and hard currency, based on a similar approach that was used for advanced<br>economies (Arslanalp and Tsuda, 2012). The estimates are constructed on a quarterly basis from...
Persistent link: https://www.econbiz.de/10011142032
This paper examines the financial stability implications arising from securitization markets, with one eye on the past and another on the future. The paper begins by deriving a number of “lessons learned†based on an examination of key industry developments in the years before the...
Persistent link: https://www.econbiz.de/10011142086
The discussion in this note seeks to preserve the beneficial features of securitization while mitigating those that may pose risks to financial stability. A comprehensive set of reforms—targeting both supply- and demand-side inefficiencies—will be needed to put securitization back...
Persistent link: https://www.econbiz.de/10011163129
Developments during the global financial crisis have highlighted the importance of differentiating across financial systems and institutions. Assessments of financial stability have increasingly considered the characteristics of individual banks within a financial system, as well as those with...
Persistent link: https://www.econbiz.de/10011142011
This study finds that equity returns in the banking sector in the wake of the Great Recession and the European … deteriorating funding conditions and investor sentiment. While the equity return performance in the banking sector has been dismal …
Persistent link: https://www.econbiz.de/10011142021
transformation risk in the banking sector and promoting funding stability. The revised package has been issued for public …
Persistent link: https://www.econbiz.de/10011142026
We study the effects of a bank's engagement in trading. Traditional banking is relationship-based: not scalable, long … scale restrictions in banking. …
Persistent link: https://www.econbiz.de/10011142044
endorsed by the G-20 Finance Ministers and Central Bank Governors as well as the IMF’s International Monetary and Financial …
Persistent link: https://www.econbiz.de/10011142045
This paper studies the impact of bank regulation and taxation in a dynamic model with banks exposed to credit and liquidity risk. We find an inverted U-shaped relationship between capital requirements and bank lending, efficiency, and welfare, with their benefits turning into costs beyond a...
Persistent link: https://www.econbiz.de/10011142059
Better “financial soundness†of banks could help mitigate the volatility of financial cycles by reducing banks’ risk exposure. But trying to improve financial soundness in the midst of a downturn can do the opposite—further aggravating the contraction of credit....
Persistent link: https://www.econbiz.de/10011142064