This paper builds a model of a sovereign borrower that has access to credit from private sector creditors and an IFI …

building a dynamic stochastic general equilibrium model linked to global climate and a catastrophe risk model specifically for … drawing strong conclusions about the relevance of climate risk, as the model focused only on typhoons' physical capital …

credit growth experienced by these countries. We find that, on average, both bank capitalization and lending activities in … Latin America increased after Basel. Consequently, Basel did not seem to lead to an overall credit decline. However, we do … find evidence that loan growth became more sensitive to some risk factors. Our study suggests that the upcoming adoption of …

commercial credit rating agencies. Estimates for 20 emerging market economies show that sovereign ratings react procyclically to … run up to the crises. Simulations suggest modest efficiency gains of using sovereign credit ratings for capital …

. Using data from 49 countries, the paper evaluates the effectiveness of macroprudential instruments in reducing systemic risk …

In this paper, we analyze credit growth in Sub-Saharan Africa over the past decade focusing on the post-2002 rapid … credit growth in select countries. We develop regression models of the fundamental determinants of bank credit and use them … to examine whether they can fully explain developments in rapid credit growth countries. We then argue that rapid credit …

. The tendency to underprice systemic liquidity risk and currency-induced credit risk creates vulnerabilities that need … supervisory responses. The framework seeks to induce agents to better internalize risks by implementing a risk based approach to … supervision, following the risk management guidelines of the Basel Committee, and by establishing buffers to cover higher …