Showing 1 - 10 of 530
This paper constructs new indicators of liquidity for equity, bond and money markets in major advanced and emerging … evidence of an historical increase in market liquidity since the early 1990s, in part as a result of advances in international … financial integration, but markets have been increasingly exposed to global systemic liquidity shocks. Second, liquidity …
Persistent link: https://www.econbiz.de/10005826494
perceived riskiness of individual banks, their liquidity buffers, loan exposure, and interest margins, bear a significant …
Persistent link: https://www.econbiz.de/10008528654
Interest rates in China comprise a mix of both market determined interest rates (interbank rates and bond yields), and regulated interest rates (lending and deposit rates), reflecting China's gradual process of interest rate liberalization. We argue, using a theoretical model and empirical...
Persistent link: https://www.econbiz.de/10008528670
In this paper potential financial linkages between liquidity and bank solvency measures in advanced economies and …
Persistent link: https://www.econbiz.de/10008528671
attention was paid to the potential spillover of excess liquidity. This paper suggests a notional level of "optimal" liquidity …
Persistent link: https://www.econbiz.de/10010790278
development has been limited by hurdles confronting borrowers and lenders, current and potential liquidity providers, and …
Persistent link: https://www.econbiz.de/10009151210
United Kingdom, the euro area, and Japan during the recent crisis on interbank credit and liquidity risk premia …. Announcements of interest rate cuts, liquidity support, liability guarantees, and recapitalization were associated with a reduction …
Persistent link: https://www.econbiz.de/10008559268
This paper provides new empirical evidence on the relationship between reservation wages of unemployed workers and macroeconomic factors--including the unemployment rate and generosity of the unemployment compensation system--as well as individual-specific determinants, such as human capital...
Persistent link: https://www.econbiz.de/10005826626
This paper assesses whether the scaling up of aid and the resulting increase in government spending that is needed to meet the Millennium Development Goals (MDGs) would be hampered by wage bill ceilings that are often part of government programs supported by the IMF's Poverty Reduction and...
Persistent link: https://www.econbiz.de/10005604920
This note documents and assesses the role of small financial centers in the international financial system using a newly-assembled dataset. It presents estimates of the foreign asset and liability positions for a number of the most important small financial centers, and places these into context...
Persistent link: https://www.econbiz.de/10008519475