Narrow search
Showing 1 - 10 of 811
Cover Image
Bank Capital and the Cost of Equity
Belkhir, Mohamed - 2020
indicate that a 1 percentage point increase in a bank's equity-to-assets ratio lowers its cost of equity by about 18 basis …
Persistent link: https://www.econbiz.de/10012843315
Cover Image
Bank Solvency and Funding Cost
Aymanns, Christoph - 2016
Understanding the interaction between bank solvency and funding cost is a crucial pre-requisite for stress-testing. In … this paper we study the sensitivity of bank funding cost to solvency measures while controlling for various other measures … of bank fundamentals. The analysis includes two measures of bank funding cost: (a) average funding cost and (b) interbank …
Persistent link: https://www.econbiz.de/10012993721
Cover Image
Consolidation and Market Structure in Emerging Market Banking Systems
Gelos, R.; Roldos, Jorge - 2021
significant bank consolidation has been taking place in these countries, reflected in a sharp decline in the number of banks, this …
Persistent link: https://www.econbiz.de/10013212306
Cover Image
Can Fintech Foster Competition in the Banking System in Latin America and the Caribbean?
Tambunlertchai, Suchanan; Bejar, Pablo; Ishi, Kotaro; … - 2022
This paper revisits the competitive environment of the banking system in Latin America and the Caribbean (LAC) and investigates the early impact of fintech development in the region thus far. Against the backdrop of high net interest margins (NIMs) and limited financial depth in the region,...
Persistent link: https://www.econbiz.de/10013305629
Cover Image
Competition vs. Stability : Oligopolistic Banking System with Run Risk
Capelle, Damien - 2022
This paper develops a model where large financial intermediaries subject to systemic runs internalize the effect of their leverage on aggregate risk, returns and asset prices. Near the steady-state, they restrict leverage to avoid the risk of a run which gives rise to an accelerator effect. For...
Persistent link: https://www.econbiz.de/10013305673
Cover Image
Measuring Off-Balance-Sheet Leverage
Breuer, Peter - 2005
The simultaneous unwinding of leveraged positions can trigger financial market turbulence. Although balance-sheet measures of leverage are available, it is useful to construct a measure of leverage that incorporates both on- and off-balance-sheet activities. This paper provides measures of...
Persistent link: https://www.econbiz.de/10012737693
Cover Image
Accounting for Macrofinancial Fluctuations and Turbulence
Vitek, Francis - 2018
This paper investigates the sources of macrofinancial fluctuations and turbulence within the framework of an approximate linear dynamic stochastic general equilibrium model of the world economy, augmented with structural shocks exhibiting potentially asymmetric generalized autoregressive...
Persistent link: https://www.econbiz.de/10012906882
Cover Image
Credit Cycle and Capital Buffers in Central America, Panama, and the Dominican Republic
Flamini, Valentina - 2019
Credit is key to support healthy and sustainable economic growth but excess aggregate credit growth can signal the build-up of imbalances and lead to systemic financial crisis. Hence, monitoring the credit cycle is key to identifying vulnerabilities, particularly in emerging markets, which tend...
Persistent link: https://www.econbiz.de/10012889151
Cover Image
The Regulatory Responses to the Global Financial Crisis : Some Uncomfortable Questions
Claessens, Stijn - 2014
We identify current challenges for creating stable, yet efficient financial systems using lessons from recent and past crises. Reforms need to start from three tenets: adopting a system-wide perspective explicitly aimed at addressing market failures; understanding and incorporating into...
Persistent link: https://www.econbiz.de/10013055666
Cover Image
Designing Effective Macroprudential Stress Tests : Progress so Far and the Way Forward
Demekas, Dimitri G. - 2015
, integrating non-bank financial entities, and exploring the use of agent-based models. As well, macroprudential stress tests should …
Persistent link: https://www.econbiz.de/10013016612