Narrow search
Showing 1 - 10 of 96
Cover Image
Are Islamic Banks More Resilient during Financial Panics?
Farooq, Moazzam; Zaheer, Sajjad - International Monetary Fund (IMF) - 2015
Rapid growth of Islamic banking in developing countries is accompanied with claims about its relative resilience to financial crises as compared to conventional banking. However, little empirical evidence is available to support such claims. Using data from Pakistan, where Islamic and...
Persistent link: https://www.econbiz.de/10011242424
Cover Image
Czech Republic; Technical Note on Macroprudential Policy Framework
International Monetary Fund (IMF); International … - 2012
This technical note examines the macroprudential policy framework in the Czech Republic. The Czech National Bank (CNB) has been actively developing its macroprudential policy framework for some time, including most recently the establishment of a separate Financial Stability Department. The...
Persistent link: https://www.econbiz.de/10011244175
Cover Image
Germany; Technical Note on Crisis Management Arrangements
International Monetary Fund (IMF); International … - 2011
This paper discusses Germany’s challenges and measures to strengthen crisis management arrangements. Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) and the Bundesbank have closely coordinated with the interagency risk committee on banking matters, which also encompasses BaFin...
Persistent link: https://www.econbiz.de/10011244880
Cover Image
Sweden; Financial Sector Assessment Program Update: Technical Note on Contingency Planning, Crisis Management and Bank Resolution
International Monetary Fund (IMF); International … - 2011
This abstract reviews the recommendations made in the FSAP Update for Sweden in the areas of contingency planning, crisis management, and bank resolution. Although Sweden crisis management fared well during the global financial crisis, its authorities are reviewing the framework for managing...
Persistent link: https://www.econbiz.de/10011245838
Cover Image
Macroprudential and Microprudential Policies; Toward Cohabitation
Osinski, Jacek; Seal, Katharine; Hoogduin, Lex - International Monetary Fund (IMF) - 2013
Effective arrangements for micro and macroprudential policies to further overall financial stability are strongly desirable for all countries, emerging or advanced. Both policies complement each other, but there can also be potential areas of overlap and conflict, which can complicate this...
Persistent link: https://www.econbiz.de/10011245895
Cover Image
Crisis Management and Resolution; Early Lessons from the Financial Crisis
Pazarbasioglu, Ceyla; Laeven, Luc; Nedelescu, Oana M.; … - International Monetary Fund (IMF) - 2011
Staff Discussion Notes showcase the latest policy-related analysis and research being developed by individual IMF staff and are published to elicit comment and to further debate. These papers are generally brief and written in nontechnical language, and so are aimed at a broad audience...
Persistent link: https://www.econbiz.de/10011245897
Cover Image
A Simple Model of An International Lender of Last Resort
Huang, Haizhou; Goodhart, C. A. E. - International Monetary Fund (IMF) - 2000
liquidity, but with potential costs of international financial contagion. An ILOLR can play a useful role in providing … international liquidity and reducing international contagion. …
Persistent link: https://www.econbiz.de/10005248186
Cover Image
Predicting Sovereign Debt Crises
Schimmelpfennig, Axel; Roubini, Nouriel; Manasse, Paolo - International Monetary Fund (IMF) - 2003
We develop an early-warning model of sovereign debt crises. A country is defined to be in a debt crisis if it is classified as being in default by Standard & Poor's, or if it has access to nonconcessional IMF financing in excess of 100 percent of quota. By means of logit and binary recursive...
Persistent link: https://www.econbiz.de/10005248202
Cover Image
Contagion, Monsoons, and Domestic Turmoil in Indonesia; A Case Study in the Asian Currency Crisis
Saxena, Sweta Chaman; Cerra, Valerie - International Monetary Fund (IMF) - 2000
shocks (“monsoons”), or contagion from neighboring countries. Markov-switching models attribute speculative pressure on … Indonesia’s currency to domestic political and financial factors and contagion from speculative pressures in Thailand and Korea … probabilities improves the conditional probabilities of crisis in Indonesia. There is also evidence of contagion in the stock market. …
Persistent link: https://www.econbiz.de/10005248271
Cover Image
Currency Crisis and Contagion; Evidence From Exchange Rates and Sectoral Stock Indices of the Philippines and Thailand
Nagayasu, Jun - International Monetary Fund (IMF) - 2000
This paper analyzes empirically the recent Asian financial crisis using high frequency data of exchange rates and stock indices of the Philippines and Thailand. Utilizing standard time-series techniques, this study confirms that there is evidence that developments in some sectoral...
Persistent link: https://www.econbiz.de/10005263754