Showing 1 - 10 of 14
Several countries in Central, Eastern and Southeastern Europe used a rich set of prudential instruments in response to last decade’s credit and housing boom and bust cycles. We collect detailed information on these policy measures in a comprehensive database covering 16 countries at a...
Persistent link: https://www.econbiz.de/10011242198
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/10011242254
Using aggregate and bank level data for several countries, the paper studies what happens to the banking system in the … aftermath of a banking crisis. Contemporary crises are not accompanied by declines in aggregate bank deposits, and credit does …
Persistent link: https://www.econbiz.de/10005768800
Foreign banks have greatly increased their presence in emerging market countries in recent years. This paper compares the performance of domestic banks and a long-established group of foreign banks during the recent crisis in Malaysia. We find that the sharpest differences are between banks...
Persistent link: https://www.econbiz.de/10005769058
activity, then sectors more dependent on external finance should perform relatively worse during banking crises. The evidence … across sectors are stronger in developing countries, in countries with less access to foreign finance, and where banking …Banking crises are usually followed by a decline in credit and growth. Is this because crises tend to take place during …
Persistent link: https://www.econbiz.de/10005769074
respond in a timely manner and efficiently enough to prevent the escalation of the banking crisis and spurred the adoption of … suboptimal policy decisions. Public finance rigidities limited the government's capacity to correct existing imbalances and the … triple banking, currency, and fiscal crisis. …
Persistent link: https://www.econbiz.de/10005769178
This paper considers how a comprehensive set of factors relates to financial sector performance in low-income countries (LICs). It finds that corruption and inflation are associated with a shallower and less efficient financial system, while legal origin and characteristics of the supervisory...
Persistent link: https://www.econbiz.de/10005599451
This paper studies whether compliance with the Basel Core Principles for Effective Banking Supervision (BCPs) improves … upgrade banking regulation and supervision should consider giving priority to information provision over other elements of the …
Persistent link: https://www.econbiz.de/10005599553
This paper introduces a new database of financial reforms, covering 91 economies over 1973–2005. It describes the content of the database, the information sources utilized, and the coding rules used to create an index of financial reform. It also compares the database with other measures of...
Persistent link: https://www.econbiz.de/10005604989
multivariate probability model-and their application to studying the determinants of banking crises. The use of these models to … provide early warnings for crises is also reviewed, as are studies of the economic effects of banking crises and of the …
Persistent link: https://www.econbiz.de/10005826068