Showing 41 - 50 of 690
This paper argues that in the European Union (EU) deposit insurance funds are too difficult to use in bank resolution … and too easy to use outside resolution. The paper proposes reforms in three areas for the effective management of bank …
Persistent link: https://www.econbiz.de/10013306399
rules, supervision, and market discipline-of the bank regulatory framework envisioned by the New Basel Accord (Basel II). It …
Persistent link: https://www.econbiz.de/10013211942
implementing a number of reforms, aimed among others at speeding up insolvency and enforcement proceedings, strengthening bank … corporate governance, cleaning up balance sheets, and facilitating bank consolidation. This paper examines the Italian banking … system's NPL problem, which ties up capital, weighing on bank profitability and authorities' economic reforms. It argues for …
Persistent link: https://www.econbiz.de/10012977833
This paper investigates macroprudential policy effects on bank systemic risk and the role of inflation targeting in … such effects. Using bank-level data for 45 countries comprising various monetary and exchange rate regimes, our regime … tightening of most macroprudential tools—including DSTI and LTV limits, and capital requirements—reduces bank systemic risk …
Persistent link: https://www.econbiz.de/10014354108
Net capital flows to emerging Asia rebounded at a record pace following the global financial crisis, raising concerns about overheating and financial stability. This paper documents the size and composition of the most recent surge to Asian emerging markets from a historical perspective and...
Persistent link: https://www.econbiz.de/10013102274
This paper shows how the role of Financial Soundness Indicators (FSIs) in financial surveillance can be usefully enhanced. Drawing from different statistical techniques, the paper illustrates that FSIs generate signals that can accurately detect, with 4 to 12 quarters lead, emerging financial...
Persistent link: https://www.econbiz.de/10013306766
This paper investigates macroprudential policies and their role in containing systemic risk in China. It shows that China faces systemic risk in both the time (procyclicality) and cross-sectional (contagion) dimensions. The former is reflected as credit and asset price risks, while the latter is...
Persistent link: https://www.econbiz.de/10013082932
An increasing number of countries - including in Latin America - are reforming their financial stability frameworks in the aftermath of the financial crisis, in order to establish a stronger macroprudential policy function. This paper analyzes existing arrangements for financial stability in...
Persistent link: https://www.econbiz.de/10013098622
Financial repression (legal restrictions on interest rates, credit allocation, capital movements, and other financial operations) was widely used in the past but was largely abandoned in the liberalization wave of the 1990s, as widespread support for interventionist policies gave way to a...
Persistent link: https://www.econbiz.de/10012859858
feedback effects to the real economy generated by bank failures. On a cross-section of countries, we find evidence that … suggests that bank supervisors’ intervention in bank failures may be positively associated with some aspects of the …
Persistent link: https://www.econbiz.de/10013306760