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Liedorp, Franka; Mosch, Robert; Cruijsen, Carin van der; … - de Nederlandsche Bank - 2011

Following Eijffinger and Geraats (2006), we construct an index of transparency of banking supervisors that takes political, economic, procedural, policy and operational transparency into account. Based on a survey, we construct the index for 24 banking supervisors. There are large differences...

Persistent link: https://www.econbiz.de/10009144152

The 'Wisdom of the Crowds' and Public Policy

Demertzis, Maria - de Nederlandsche Bank - 2009

Surowiecki (2004) argues that collective predictions are better than individual predictions and calls that the Wisdom of the Crowds. We use an analytical information model to demonstrate and explain this. Then we see how these two predictions are affected by better public information and show...

Persistent link: https://www.econbiz.de/10004980467

What Institutional Structure for the Lender of Last Resort?

Agur, Itai - de Nederlandsche Bank - 2009

This paper develops a game theory model to analyze the optimal structure of the Lender of Last Resort in Europe. When …

Persistent link: https://www.econbiz.de/10005106665

The crisis as a wake-up call. Do banks tighten screening and monitoring during a financial crisis?

Haas, Ralph de; Horen, Neeltje van - de Nederlandsche Bank - 2010

indicates that the reduction in bank lending during the crisis was at least partly caused by stricter bank screening and …

Persistent link: https://www.econbiz.de/10008587049

Communicating Bailout Policy and Risk Taking in the Banking Industry

Bosma, Jakob - de Nederlandsche Bank - 2011

optimal for a regulator to be imprecise in communicating its bank bailout strategy. Banks do not only rely on their prediction …

Persistent link: https://www.econbiz.de/10008799344

On the Possibility of Credit Rationing in the Stiglitz-Weiss Model: A Comment

Agur, Itai - de Nederlandsche Bank - 2010

of their implicit assumption of a one-period Bertrand game between banks. In more realistic modes of bank competition, in …

Persistent link: https://www.econbiz.de/10008475764

Public versus Private Information

Demertzis, Maria - de Nederlandsche Bank - 2011

Using the model by Morris and Shin (2002), we distinguish between how people perceive a state and how they act upon it. We show than even for perceptions, where the coordination motive plays no role, improving the quality of public information does not always reduce the forecasting error. The...

Persistent link: https://www.econbiz.de/10009018571

Is bank capital procyclical? A cross-country analysis

Bikker, Jaap; Metzemakers, Paul - de Nederlandsche Bank - 2004

This paper investigates the determinants of commercial banks' own internal capital targets and potential sensitivity of these levels to the business cycle . World-wide results make clear that banks' own risk is only slightly dependent on the business cycle. Banks tend to hold substantial capital...

Persistent link: https://www.econbiz.de/10004970701

Bank runs in the Diamond-Dybvig model

Wit, J.N.M. - de Nederlandsche Bank - 1998

depositors against unexpected liquidity needs, (2) bank runs as an act of collective irrationality by rational depositors, and (3 …) the introduction of deposit insurance as an efficient mechanism to prevent bank runs. Extensions of the Diamond …-Dybvig model deal with the panic explanation for bank runs, the consequences of open economies, and different solutions for …

Persistent link: https://www.econbiz.de/10004970705

Market reactions to the ECB's Comprehensive Assessment

Sahin, Cenkhan; Haan, Jakob de - de Nederlandsche Bank - 2015

Using an event study approach, we examine financial markets' reactions to the publication of the ECB's Comprehensive Assessment of banks in the euro area. Our results suggest that banks' stock market prices and CDS spreads generally did not react to the publication of the results of the...

Persistent link: https://www.econbiz.de/10011188578