Showing 1 - 10 of 1,083
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
DISCLAIMER: This Staff Discussion Note represents the views of the authors and does not necessarily represent IMF views or IMF policy. The views expressed herein should be attributed to the authors and not to the IMF, its Executive Board, or its management. Staff Discussion Notes are published...
Persistent link: https://www.econbiz.de/10011245890
credit growth experienced by these countries. We find that, on average, both bank capitalization and lending activities in …
Persistent link: https://www.econbiz.de/10005248279
discipline: a weak bank may not necessarily be able to stop a deposit drain by raising its uninsured deposit interest rates. …
Persistent link: https://www.econbiz.de/10005248320
This paper documents global trends in bank activity, consolidation, internationalization, and financial firm … concentrated banking systems. We outline research directions aimed at explaining why bank consolidation and conglomeration do not …
Persistent link: https://www.econbiz.de/10005253000
This paper investigates empirically the drivers of financial imbalances ahead of the global financial crisis. Three factors may have contributed to the build-up of financial imbalances: (i) rising global imbalances (capital flows), (ii) monetary policy that might have been too loose, (iii)...
Persistent link: https://www.econbiz.de/10008727817
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
The financial turmoil of the late 1990s prompted a broad search for tools and techniques for detecting and preventing financial crises, and more recent episodes of instability have high lighted the importance of continuous monitoring of financial systems as a tool for preventing crises. This...
Persistent link: https://www.econbiz.de/10005590915
bank may choose insufficient liquidity buffers and transparency. The regulatory response is constained: while liquidity … increase bank incentives to adopt transparency. …
Persistent link: https://www.econbiz.de/10010790317
We revisit the link between bailouts and bank risk taking. The expectation of government support to failing banks … creates moral hazard—increases bank risk taking. However, when a bank’s success depends on both its effort and the overall … invest prudently and so reduce bank risk taking. This systemic insurance effect will be relatively more important when …
Persistent link: https://www.econbiz.de/10010790390