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This paper proposes an integrated crisis management and resolution framework for the EU's single banking market. It comprises a European Resolution Authority (ERA), armed with the mandate and the tools to deal cost-effectively with failing systemic cross-border banks, and is designed to address...
Persistent link: https://www.econbiz.de/10014409157
Mercosur? The objective of this paper is to answer this question by analyzing changes in bank behavior after crises in the … literature-to post-crisis bank behavior. Using a panel dataset of commercial banks during the period 1990-2006, we analyze the … impact of crises on four sets of financial indicators of bank behavior-profitability, maturity preference …
Persistent link: https://www.econbiz.de/10012677530
stand-alone agencies, though, a majority of bank supervisors are part of a central bank. The survey asked respondents about … accountability. Most agencies reported having operational independence. Bank supervisors were unique in viewing financial stabili …
Persistent link: https://www.econbiz.de/10012677805
Intro -- Contents -- I. INTRODUCTION -- II. SUSCEPTIBILITY OF BANKING REGULATION TO CAPTURE -- III. A MODEL OF BANK … REGULATION WITH MORAL HAZARD -- IV. COMPETITION BETWEEN JURISDICTIONS -- V. CONCLUSIONS -- REFERENCES. …
Persistent link: https://www.econbiz.de/10012691134
information on government actions undertaken in response to bank distress. Weformulate a simple theoretical model of a banking … industry which we use to identify and constructtheory-based measures of systemic bank shocks (SBS). Using both country …
Persistent link: https://www.econbiz.de/10012677802
identified late, solutions are much more costly. Until recently, Europe has seen only a small number of outright bank failures …, which made the estimation of early warning models for bank supervision very difficult. This paper presents a unique database … of individual bank distress across the European Union from mid-1990s to 2008. Using this data set, we analyze the causes …
Persistent link: https://www.econbiz.de/10012677700
associated with bank soundness. Using data for over 3,000 banks in 86countries, we find that neither the overall index of BCP … compliance nor its individual components are robustly associated with bank risk measured by Z-scores. We also fail to find a …
Persistent link: https://www.econbiz.de/10008470385
resulting in an acceleration of bank lending. In particular, regulatory reforms pertaining to loan classification and … prudential regulation in Uruguay now generally conforms to high standards while also embracing innovative elements such as dyn …
Persistent link: https://www.econbiz.de/10012677865
We update the widely used banking crises database by Laeven and Valencia (2008, 2010) with new information on recent and ongoing crises, including updated information on policy responses and outcomes (i.e. fiscal costs, output losses, and increases in public debt). We also update our dating of...
Persistent link: https://www.econbiz.de/10009618518
Successful implementation of macroprudential policy is contingent on the ability to identify and estimate systemic risk in real time. In this paper, systemic risk is defined as the conditional probability of a systemic banking crisis and this conditional probability is modeled in a fixed effect...
Persistent link: https://www.econbiz.de/10009618529