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diversification strategies and the risk-return tradeoff in banking. Our data set covers Russian banks during the 1999-2006 period and … finds somewhat mixed results. Specifically, we find that banks’ performance tends to be non-monotonically related to their … decreased risk only up to a certain threshold. Additionally, when foreign ownership is either very high or very low, banks tend …
Persistent link: https://www.econbiz.de/10008466294
the decrease in market discipline after the introduction of deposit insurance, we demonstrate for private, domestic banks … a difference-in-difference setting in which state and foreign-owned banks, whose deposit insurance regime does not …
Persistent link: https://www.econbiz.de/10012148849
Straightforward exchange rate arrangements known as currency boards have gained popularity during the past dec-ade. Among transition economies, Estonia first introduced a currency board in 1992, followed by Lithuania in 1994 and Bulgaria in 1997. Currency boards have been useful in achieving...
Persistent link: https://www.econbiz.de/10005419602
banks impairs earnings quality. As a result, banking reform improves earnings quality partially through its ability to curb …
Persistent link: https://www.econbiz.de/10011098217
requirements tend to signal a tightening bias, to squeeze excess reserves of banks, to push market interest rates higher, and to … policy tool, as it imposes a tax burden on Chinese banks that in turn appear to have passed a significant portion of this …
Persistent link: https://www.econbiz.de/10009645240
We document recent developments in the use of sterilisation bonds by six central banks in emerging Asia, and discuss … exchange interventions in past years has been the frequent use of central banks’ own paper. There has been an attempt to … has fallen relative to the rate of remuneration of required reserves, some central banks in Asia have increasingly used …
Persistent link: https://www.econbiz.de/10010611609
In this paper we explore the evidence that would establish that Dutch disease is at work in, or poses a threat to, the Kazakh economy.Assessing the mechanism by which fluctuations in the price of oil can damage non-oil manufacturing-and thus long-term growth prospects in an economy that relies...
Persistent link: https://www.econbiz.de/10012148531
requirements tend to signal a tightening bias, to squeeze excess reserves of banks, to push market interest rates higher, and to … policy tool, as it imposes a tax burden on Chinese banks that in turn appear to have passed a significant portion of this …
Persistent link: https://www.econbiz.de/10012148649
We document recent developments in the use of sterilisation bonds by six central banks in emerging Asia, and discuss … exchange interventions in past years has been the frequent use of central banks' own paper. There has been an attempt to … has fallen relative to the rate of remuneration of required reserves, some central banks in Asia have increasingly used …
Persistent link: https://www.econbiz.de/10012148687
banks impairs earnings quality. As a result, banking reform improves earnings quality partially through its ability to curb …
Persistent link: https://www.econbiz.de/10012148736