Showing 1 - 10 of 174
This paper tests the role of different banks' liquidity funding structures in explaining the banks' failures, which … recognizes that the new liquidity framework proposed by the Basel Committee on Banking Supervision appears to have the features … to strenghten banks' liquidity conditions and improve financial stability. Its correct implementation together with …
Persistent link: https://www.econbiz.de/10009203531
This paper explores the effect of U.S. unconventional monetary policy (QE2) on a group of frontier developing economies (FDEs) in Asia. This paper finds that spillovers emanating from the U.S. on FDEs in Asia have been small. The relative insulation of emerging Asia from the global financial...
Persistent link: https://www.econbiz.de/10011163125
instruments and provide stability to the domestic securities market. The regulatory regime and the liquidity and depth of local …
Persistent link: https://www.econbiz.de/10005825993
Several papers argue that debt crises can be the result of self-fulfilling expectations that no one will lend to a country. I show this type of coordination failure can be eliminated by a combination of state-contingent securities and a mechanism that allows investors to promise to lend only if...
Persistent link: https://www.econbiz.de/10005826120
reserves provide a steady source of liquidity to cushion the impact of a sudden stop in capital inflows on output and …
Persistent link: https://www.econbiz.de/10005826420
its currency and an exchange rate peg. This way, the central bank can implement the optimal escape from a liquidity trap … to escape from a liquidity trap. …
Persistent link: https://www.econbiz.de/10005826442
The effects of the adoption of the IMF's International Reserves and Foreign Currency Liquidity Data Template on nominal …
Persistent link: https://www.econbiz.de/10005826469
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
finds that blanket guarantees are successful in reducing liquidity pressures on banks arising from deposit withdrawals … with extensive liquidity support and when crises are severe. …
Persistent link: https://www.econbiz.de/10005826542
The crisis in Europe has underscored the vulnerability of European bank funding models compared to international peers. This paper studies the drivers behind this fragility and examines the future of bank funding, primarily wholesale, in Europe. We argue that cyclical and structural factors have...
Persistent link: https://www.econbiz.de/10011242310