Showing 1 - 10 of 171
Over the last two decades, communication has become an increasingly importantaspect of monetary policy. These real-world developments have spawned a huge newscholarly literature on central bank communicationmostly empirical, and almost all of it written in this decade. We survey this...
Persistent link: https://www.econbiz.de/10005106644
important monetary policy implications, as they suggest that measures to enhance competition in the European banking sector will …
Persistent link: https://www.econbiz.de/10005106652
cross-border banking among developing countries. …
Persistent link: https://www.econbiz.de/10005106662
In this study we disentangle two dimensions of banks' systemic risk: the level of bank tail risk and the linkage between a bank's tail risk and severe shocks in the financial system. We employ a measure of the systemic risk of financial institutions that can be decomposed into two subcomponents...
Persistent link: https://www.econbiz.de/10010945596
This paper investigates whether credit booms are an important warning signal for banking crises in Asian and Latin … indeed a prelude for banking crises, especially in Latin America. To minimise a policymaker's loss- function, it is optimal …
Persistent link: https://www.econbiz.de/10005101805
because of its small and open banking environment. Secondly, we follow recent analyses of interbank markets of Germany and …
Persistent link: https://www.econbiz.de/10010559873
The Basel 3 Liquidity Coverage Ratio (LCR) is a micro prudential instrument to strengthen the liquidity position of … regulatory rule can have negative externalities. We simulate the systemic implications of the LCR by a liquidity stress …
Persistent link: https://www.econbiz.de/10010543516
analysis suggests that preferential treatment in liquidity and capital regulation increases banks' demand for government bonds … beyond their own risk appetite. Liquidity and capital regulation also seem to incentivize banks to substitute other bonds …
Persistent link: https://www.econbiz.de/10010812608
This paper analyzes the impact of a liquidity requirement similar to the Basel 3 Liquidity Coverage Ratio (LCR) on … find that banks which are just above/below their quantitative liquidity requirement do not charge higher interest rates for …
Persistent link: https://www.econbiz.de/10010757277
We assess the determinants of banks' liquidity holdings using balance sheet data for nearly 7000 banks from 30 OECD … banks' liquidity risk management. Our main question is whether the presence of liquidity regulation substitutes or … complements banks' incentives to hold liquid assets. Our results reveal that in the absence of liquidity regulation, the …
Persistent link: https://www.econbiz.de/10010757282