Showing 1 - 10 of 12
The relationship between the observance of financial system standards and financial stability is complex owing to the … multitude of macroeconomic and structural factors affecting stability. Therefore, assessments of standards in terms of technical …
Persistent link: https://www.econbiz.de/10005264028
supervisory implementation, making use of data from IMF-World Bank assessments of compliance with international standards and … systems. We find that countries' regulatory frameworks score on average one notch below full compliance with the standards (on …
Persistent link: https://www.econbiz.de/10005264124
Banks will want to influence the bank regulator to favor their interests, and they typically have the means to do so. It is shown that such "regulatory capture" in banking does not imply ineffectual regulation; a "captured" regulator may impose very tight, costly prudential requirements to...
Persistent link: https://www.econbiz.de/10005264136
(FCI). Credit availability—proxied by survey results on lending standards—is an important driver of the business cycle …, accounting for over 20 percent of the typical contribution of financial factors to growth. A net tightening in lending standards …
Persistent link: https://www.econbiz.de/10005826027
procyclicality in lending standards by affecting the behavior of banks’ capital buffers. This paper uses a two-country DSGE model …
Persistent link: https://www.econbiz.de/10005826640
This paper examines the relationship between adherence to international standards of good practice in policy-making and … other work, this study reviews a broad set of indicators for adherence to international standards. The estimations are … nonlinearities in the relationships. The main finding confirms the expectation that standards are indeed relevant. Accounting …
Persistent link: https://www.econbiz.de/10005769141
The Millennium Development Goals (MDGs) represent a global commitment to improve economic and social conditions in low-income countries. Capacity building is key to promoting higher economic growth, which, in turn, is an important prerequisite for making progress toward the MDGs. This paper uses...
Persistent link: https://www.econbiz.de/10005769196
Since the IMF launched the data standards initiatives a decade ago, 145 of its 184 member countries have participated … and participating countries, and establishes effective monitoring procedures to ensure the credibility of the standards … accountability. The initiatives may provide insights for the promotion of similar international standards. …
Persistent link: https://www.econbiz.de/10005769263
This paper studies whether compliance with the Basel Core Principles for effective banking supervision (BCPs) is 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...
Persistent link: https://www.econbiz.de/10008470385
standards for and supervision of the valuation of assets and risk management practices. …
Persistent link: https://www.econbiz.de/10005599486