Showing 1 - 10 of 693
stablecoin issuers raises the challenge of how to apply technology-neutral regulation so that similar risks are subject to the …
Persistent link: https://www.econbiz.de/10013405970
the public, long-term systemic risk among banks tends to increase. From the dynamic perspective, bank penalties represent …We analyze link between mortgage-related regulatory penalties levied on banks and the level of systemic risk in the U ….S. banking industry. We employ a frequency decomposition of volatility spillovers (connectedness) to assess system-wide risk …
Persistent link: https://www.econbiz.de/10013311710
externalities between the two countries arise from cross-border bank ownership. The two countries face (i) a regulatory decision of … a decentralized way. In our benchmark model the two countries always agree on a centralized regulation policy. In … contrast, bailout policies are centralized only when international spillovers from cross-border bank ownership are strong, and …
Persistent link: https://www.econbiz.de/10013236197
This paper presents a positive model which shows that institutional setups on capital and labor markets might be intertwined by politicoeconomic forces. Some countries especially in continental Europe exhibit a corporatist politicoeconomic equilibrium with a sustantial protection of insiders on...
Persistent link: https://www.econbiz.de/10010316080
Most pre-crisis explanations of the various corporate governance systems have considered the separation between ownership and control to be an advantage of the Anglo-American economies. They have also attributed the failure of other countries to achieve these efficient arrangements to their...
Persistent link: https://www.econbiz.de/10013116042
Most pre-crisis explanations of the various corporate governance systems have considered the separation between ownership and control to be an advantage of the Anglo-American economies. They have also attributed the failure of other countries to achieve these efficient arrangements to their...
Persistent link: https://www.econbiz.de/10010266039
financial crisis of the 20th century – the Great Depression. Using balance-sheet and systemic risk measures at the bank level … (consolidations, absorption, and failures), and changes to bank risk. Despite roughly 9,000 bank closures, risk did not leave the … crisis. A key mechanism driving the redistribution of risk was bank acquisition. Each acquisition increases the balance …
Persistent link: https://www.econbiz.de/10014345560
the public, long-term systemic risk among banks tends to increase. From the dynamic perspective, bank penalties represent …We analyze link between mortgage-related regulatory penalties levied on banks and the level of systemic risk in the U ….S. banking industry. We employ a frequency decomposition of volatility spillovers (connectedness) to assess system-wide risk …
Persistent link: https://www.econbiz.de/10012799763
liquidity risk and characterizes them. Both a solvency (leverage) and a liquidity ratio are required to control the …
Persistent link: https://www.econbiz.de/10010277386
regulation on the probability of a crisis. We test this relationship by applying a Probit model of a non-linear specification to …: it rises as regulation stringency moves from low to medium levels and falls from medium to high levels. Countries located …
Persistent link: https://www.econbiz.de/10012866557