Narrow search
Showing 1 - 10 of 141
Cover Image
What do we know about the effects of macroprudential policy?
Galati, Gabriele; Moessner, Richhild - de Nederlandsche Bank - 2014
The literature on the effectiveness of macroprudential policy tools is still in its infancy and has so far provided only limited guidance for policy decisions. In recent years, however, increasing efforts have been made to fill this gap. Progress has been made in embedding macroprudential policy...
Persistent link: https://www.econbiz.de/10010945594
Cover Image
Spillover of domestic regulation to emerging markets
Tieman, A.F. - de Nederlandsche Bank - 2000
Correlation between the risks of portfolios of different commercial banks leads to too much risk taking from a social planner's perspective. The presence of a regulator omproves this risk-benefit allocation of the financial system. In this paper I show that first-best regulation also leads to...
Persistent link: https://www.econbiz.de/10005106696
Cover Image
Spillover of Domestic Regulation to Emerging Markets
Tieman, A.F. - de Nederlandsche Bank - 2003
Correlation between the risks of portfolios of different commercial banks leads to too much risk taking from a social planner's perspective. The presence of a regulator improves this risk-benefit allocation of the financial system. In this paper I show that first-best regulation also leads to...
Persistent link: https://www.econbiz.de/10005106787
Cover Image
Macroprudential policy - a literature review
Galati, Gabriele; Moessner, Richhild - de Nederlandsche Bank - 2010
The recent financial crisis has highlighted the need to go beyond a purely micro approach to financial regulation and supervision. In recent months, the number of policy speeches, research papers and conferences that discuss a macro perspective on financial regulation has grown considerably. The...
Persistent link: https://www.econbiz.de/10008764119
Cover Image
Did the crisis affect inflation expectations?
Galati, Gabriele; Poelhekke, Steven; Zhou, Chen - de Nederlandsche Bank - 2009
Brothers. Liquidity premia and technical factors have significantly influenced the behaviour of inflation-indexed markets since …
Persistent link: https://www.econbiz.de/10008482047
Cover Image
Simulations in the Dutch interbank payment system: A sensitivity analysis
Heijmans, Ronald - de Nederlandsche Bank - 2009
This paper presents an analysis on the sensitivity of the Dutch interbank payment system with respect to the value transferred and the amount of available collateral. The Dutch system can be characterised as a system with a few large and many relatively small participants.Historical data has...
Persistent link: https://www.econbiz.de/10005101806
Cover Image
A tale of the water-supplying plumber: intraday liquidity provision in payment systems
Ledrut, Elisabeth - de Nederlandsche Bank - 2006
of liquidity are not fully borne by payment system participants can be expected to yield an inefficient outcome … liquidity expensive increases the risk of payment delays and payment system gridlocks, due to participants limiting their …
Persistent link: https://www.econbiz.de/10005101828
Cover Image
Modelling the liquidity ratio as macroprudential instrument
End, Jan Willem van den; Kruidhof, Mark - de Nederlandsche Bank - 2012
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
Cover Image
Banks' Liquidity Buffers and the Role of Liquidity Regulation
Bonner, Clemens; Lelyveld, Iman van; Zymek, Robert - de Nederlandsche Bank - 2013
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
Cover Image
Bank liquidity, the maturity ladder, and regulation
Haan, Leo de; End, Jan Willem van den - de Nederlandsche Bank - 2012
We investigate 62 Dutch banks' liquidity behaviour between January 2004 and March 2010, when these banks were subject … to a liquidity regulation that is very similar to Basel III's Liquidity Coverage Ratio (LCR). We find that most banks … interaction between capital and liquidity buffers. However, this interaction turns out to be weaker during a crisis. Although not …
Persistent link: https://www.econbiz.de/10010757286