Showing 1 - 10 of 898
This study investigates if the Troubled Asset Relief Program (TARP) distorted price competition in U.S. banking …
Persistent link: https://www.econbiz.de/10013020652
We develop a dynamic structural model of bank behaviour that provides a microeconomic foundation for bank capital and …
Persistent link: https://www.econbiz.de/10012893728
This paper proposes a new methodology to evaluate the economic effect of state-specific policy changes, using bank … regression discontinuity setup. The study uses a total of 285 pairs of contiguous counties along 38 segments of such regulation …
Persistent link: https://www.econbiz.de/10013316911
We analyse the cross-border propagation of prudential regulation in the euro area. Using the Prudential Instruments …-specific capital buffers in the countries where their parent banks reside and that bank size and liquidity play a role in determining …
Persistent link: https://www.econbiz.de/10012869770
How to conduct macro-prudential regulation? How to coordinate monetary policy and macro-prudential policy? To address …
Persistent link: https://www.econbiz.de/10012917168
This paper investigates the costs and benefi ts of liquidity regulation. We find that liquidity tools are bene ficial … but cannot completely remove the need for Lender of Last Resort (LOLR) interventions by the central bank. Full compliance …
Persistent link: https://www.econbiz.de/10012914517
liquidity crises and bank runs. Cooperation among reserve banks was essential for the cohesion and stability of the US monetary …
Persistent link: https://www.econbiz.de/10011605731
In this paper we explore the cross-country implications of climate-related mitigation policies. Specifically, we set up a two-country, two-sector (brown vs green) DSGE model with negative production externalities stemming from carbon-dioxide emissions. We estimate the model using US and euro...
Persistent link: https://www.econbiz.de/10012605264
In this paper we explore the cross-country implications of climate-related mitigation policies. Specifically, we set up a two-country, two-sector (brown vs green) DSGE model with negative production externalities stemming from carbon-dioxide emissions. We estimate the model using US and euro...
Persistent link: https://www.econbiz.de/10013222709
Using a unique dataset of the Euro area and the U.S. bank lending standards, we find that low (monetary policy) short … securitization activity, weak supervision for bank capital and too low for too long monetary policy rates. Conversely, low long …
Persistent link: https://www.econbiz.de/10013138019