Similar Search Results

Jakubik, Petr - Siirtymätalouksien tutkimuslaitos, Suomen Pankki - 2011

This paper studies the economic impact of the current global economic downturn on the household sector. Household budgets can be negatively affected by declines in nominal wages and increases in unemployment. We empirically test this effect for the small open emerging economy. As a result of a...

Persistent link: https://www.econbiz.de/10009019266

Market Discipline and Deposit Insurance in Russia

Peresetsky, Anatoly - Siirtymätalouksien tutkimuslaitos, Suomen Pankki - 2008

The paper presents a study of Russian banks' interest rates on household deposits during the formation period of the deposit insurance system. It is shown that market discipline weakened after deposit insurance was effectively in place.

Persistent link: https://www.econbiz.de/10005419587

Bank capital, liquidity creation and deposit insurance

Fungacova, Zuzana; Weill, Laurent; Zhou, Mingming - Siirtymätalouksien tutkimuslaitos, Suomen Pankki - 2010

liquidity creation. As discussed by Berger and Bouwman (2009), there are two competing hypotheses on this relationship which can …, Russia, provides a natural experiment to investigate this issue. We study three alternative measures of bank liquidity … insurance scheme exerts a limited impact on the relationship between bank capital and liquidity creation and does not change the …

Persistent link: https://www.econbiz.de/10008694566

Do capital requirements affect bank efficiency? Evidence from China

Pessarossi, Pierre; Weill, Laurent - Siirtymätalouksien tutkimuslaitos, Suomen Pankki - 2013

This paper contributes to the debate on the effect of capital requirements on bank efficiency. We study the relation between capital ratio and bank efficiency for Chinese banks over the period 2004-2009, taking advantage of the profound regulatory changes in capital requirements that occurred...

Persistent link: https://www.econbiz.de/10010818558

Market discipline during crisis: Evidence from bank depositors in transition countries

Hasan, Iftekhar; Jackowicz, Krzysztof; Kowalewski, Oskar; … - Siirtymätalouksien tutkimuslaitos, Suomen Pankki - 2013

The Central European banking industry is dominated by foreign-owned banks. During the recent crisis, for the first time since the transition, foreign parent companies were frequently in a worse financial condition than their subsidiaries. This situation created a unique opportunity to study new...

Persistent link: https://www.econbiz.de/10010818577

A note on foreign bank entry and bank corporate governance in China

Hasan, Iftekhar; Xie, Ru - Siirtymätalouksien tutkimuslaitos, Suomen Pankki - 2012

China employs a unique foreign bank entry model. Instead of allowing full foreign control of domestic banks, foreign investors are only permitted to be involved in the local banks as minority shareholders. At the same time, foreign strategic investors are expected to commit to bank corporate...

Persistent link: https://www.econbiz.de/10010818584

Bank stress tests as an information device for emerging markets: The case of Russia

Fungácová, Zuzana; Jakubík, Petr - Siirtymätalouksien tutkimuslaitos, Suomen Pankki - 2012

The recent financial crisis emphasised the need for effective financial stability analyses and tools for detecting systemic risk. This paper looks at assessment of banking sector resilience through stress testing. We argue such analyses are valuable even in emerging economies that suffer from...

Persistent link: https://www.econbiz.de/10009649724

Like China, the Chinese banking sector is in a class of its own

Fungacova, Zuzana; Korhonen, Iikka - Siirtymätalouksien tutkimuslaitos, Suomen Pankki - 2011

This paper provides an overview of the Chinese banking sector, which has expanded tremendously over the past two decades. We first describe aggregate developments of the sector and compare them to the situation in other countries. Also, various financial institutions that operate in China are...

Persistent link: https://www.econbiz.de/10009653398

Measuring systemic funding liquidity risk in the Russian banking system

Andrievskaya, Irina - Siirtymätalouksien tutkimuslaitos, Suomen Pankki - 2012

. This paper proposes a straightforward approach for estimating the systemic funding liquidity risk in a banking system and … funding liquidity risk can be expressed as the distance of the aggregate liquidity surplus from its current level to its … critical value. Calculations are performed using simulated distribution of the aggregate liquidity surplus determined using …

Persistent link: https://www.econbiz.de/10010552497

Does excessive liquidity creation trigger bank failures?

Fungácová, Zuzana; Turk Ariss, Rima; Weill, Laurent - Siirtymätalouksien tutkimuslaitos, Suomen Pankki - 2013

This paper introduces the “Excessive Liquidity Creation Hypothesis,” whereby a rise in a bank’s core liquidity creation … natural field experiment for testing this hypothesis. Using Berger and Bouwman’s (2009) liquidity creation measures, we find … that excessive liquidity creation significantly increased the probability of bank failure during our observation period …

Persistent link: https://www.econbiz.de/10010611608