Showing 1 - 7 of 7
This paper presents a model of a banking industry with heterogeneous banks that delivers predictions on the …
Persistent link: https://www.econbiz.de/10005826093
We use data on 1,294 banks in Central and Eastern Europe to analyze how bank ownership and creditor coordination in the form of the Vienna Initiative affected credit growth during the 2008–09 crisis. As part of the Vienna Initiative western European banks signed country-specific...
Persistent link: https://www.econbiz.de/10011242213
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
This paper presents a simple heuristic measure of tail risk, which is applied to individual bank stress tests and to public debt. Stress testing can be seen as a first order test of the level of potential negative outcomes in response to tail shocks. However, the results of stress testing can be...
Persistent link: https://www.econbiz.de/10011242421
Many empirical studies of banking crises have employed "banking crisis" (BC) indicators constructedusing primarily … information on government actions undertaken in response to bank distress. Weformulate a simple theoretical model of a banking …
Persistent link: https://www.econbiz.de/10008528706
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
arrangements were in place, which highlights the importance of building a suitable framework for preventing and managing banking …
Persistent link: https://www.econbiz.de/10005264086