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two similar-sized banks operating in the Netherlands in the 1920s: the Amsterdamsche Bank and the Rotterdamsche … Bankvereeniging. Whilst the first escaped the crisis relatively unscathed, the second required assistance from the Nederlandsche Bank …, the Dutch central bank. A new and detailed narrative of one episode of the crisis using as yet unused primary sources is …
Persistent link: https://www.econbiz.de/10005870562
, centralbanks have made extensive use of both new and existing toolsfor supplying central bank money to financial institutions …
Persistent link: https://www.econbiz.de/10005869394
Much of the discourse about regional andlocal economic development strategiesin the United States over the pasttwenty-five years has looked like asearch for general rules. Very few such rules have emerged,in part because—like all policy debates—there have beenlarge inputs of ideology and...
Persistent link: https://www.econbiz.de/10005870334
This report is the first policy study of the China Economic Research and AdvisoryProgramme, in which eminent economists from China and abroad have participated. Thereport focuses on the problems faced by China in the reform of its social security system.On the basis of economic principles and...
Persistent link: https://www.econbiz.de/10005871039
“Light” welfare states were perceived by some as one source of East Asian economicdynamism. Didier Jacobs has examined the strengths of several East Asian socialwelfare systems and the challenges they face after the financial crisis.Japan has a fully-fledged social welfare system. Yet her...
Persistent link: https://www.econbiz.de/10008766042
In this paper, we assess the effects of changes to the primarycredit facility since August 2007 by performing out-of-samplesimulations based on a model developed by Artuç andDemiralp (2008). Our results are highly consistent with thepredictions of our 2008 study—that is, the revised...
Persistent link: https://www.econbiz.de/10005869395
uncertainty about participants along the chains. This action has been taken before: the Bank Holiday of 1933, declared byPresident … Franklin Delano Roosevelt, resolved uncertaintyabout the health of individual banks by using bank inspectionsto publicly …
Persistent link: https://www.econbiz.de/10005869396
Persistent link: https://www.econbiz.de/10001835148
Persistent link: https://www.econbiz.de/10013484309
Bank supervisors have long recognized two types of shortcomingsin the Basle Accord’s risk-based capital (RBC …)framework. First, the regulatory measures of “capital” maynot represent a bank’s true capacity to absorb unexpectedlosses. Deficiencies …
Persistent link: https://www.econbiz.de/10005870071