Showing 1 - 10 of 590
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
During the 1980s and early 1990s many Sub-Saharan African (SSA) countries undertook reforms to promote financial sector deepening. Nevertheless, financial sectors in SSA countries remain among the shallowest in the world and, within Sub-Saharan Africa, financial depth in the CFA franc zone is...
Persistent link: https://www.econbiz.de/10012677781
Recent changes to China's financial system, in particular ongoing interest rate liberalization, gradual movement toward a more flexible exchange rate regime, and rapid development of capital markets, have changed substantially the environment in which monetary policy operates. In light of these...
Persistent link: https://www.econbiz.de/10012677797
This paper studies whether the policies that, over the past decades, liberalized bankingsystems around the world have resulted in deeper credit markets. To measure banking sectorreforms we use a new index that tracks policy changes in five separate areas for 91 countriesover 1973-2005. We find...
Persistent link: https://www.econbiz.de/10012677692
explaining China's and India's growth. Specific financial sector policies are shown to map well the size and changes in the … guidance in bank lending, have implied large transfers from households to firms that have kept capital …
Persistent link: https://www.econbiz.de/10012677577
India's financial sector has faced many challenges in recent decades, with a large, negative, and persistent credit to … and analyze the link between bank balance sheets, credit growth, and long-term growth using bank-level panel regressions …
Persistent link: https://www.econbiz.de/10015060270
resulting in an acceleration of bank lending. In particular, regulatory reforms pertaining to loan classification and …
Persistent link: https://www.econbiz.de/10012677865
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
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
of the new bank taxes—in terms of their tax base, rate, duration, and burden. The paper discusses several trade-offs in … the design of bank taxes and argues that an alternative or complementary policy response to temporarily high bank profits … is to lock them in as usable bank capital, for example through an increase in countercyclical capital buffer rates …
Persistent link: https://www.econbiz.de/10015080283