In this paper, we analyze the price setting behavior of banks in the Swiss franc repo market by means of network …

despite considerable restructuring, the Kyrgyz banking sector has not become more competitive. As a consequence, banks …

despite considerable restructuring, the Kyrgyz banking sector has not become more competitive. As a consequence, banks …

by the banks. It is shown that if the supervisors have a limited ability to identify or to sanction dishonest banks, an … helps to offset the banks' potential capital savings of understating their risks by (i) reducing banks' put option value of … limited ex ante, and by (ii) increasing the banks' net worth, which in turn enhances the supervisors' ability to sanction …

by the banks. It is shown that if the supervisors have a limited ability to identify or to sanction dishonest banks, an … helps to offset the banks' potential capital savings of understating their risks by (i) reducing banks' put option value of … limited ex ante, and by (ii) increasing the banks' net worth, which in turn enhances the supervisors' ability to sanction …

Financial markets are known for overreacting to public information. Central banks can reduce this overreaction either … either communication strategy. This paper then discusses the opportunity for central banks to choose between partial …

To date, various central banks have lacked detailed statistical evidence on developments in the unsecured interbank …

increasing T2 imbalances, cross-border inter-office flows between banks belonging to the same financial institution have reduced … magnitude, but are only weakly correlated with the evolution of T2 balances; changes in banks' holdings of foreign government …