individual bank returns has not yet been developed. This paper proposes an extension of the so-called CoVaR measure that captures …

outside of the central bank, and the twin-peaks model, with a systemic risk regulator (central bank) on the one hand and a …

The Central Bank of Jordan (CBJ) and its operational independence changed over time in line with the evolution of the …

This paper provides evidence that central bank interventions had a statistically significant impact on easing stress in … indicates that credit premia increased in importance as the crisis deepened. Second, using Markov switching models, central bank …

Unconventional central bank measures are playing a key policy role for many advanced economies in the 2007-09 global …

policy issue. While case study evidence clearly indicates that weak central bank finances can hamper effective policy … implementation, the question of whether central bank financial strength influences policy performance remains controversial. This is … quantitative evaluation of the relationship between measures of central bank financial strength and policy pe …

The paper analyzes the challenges for the Eastern Caribbean Central Bank (ECCB) to be an effective lender of last … a member-specific shock, as such lending may endanger the stability of the currency board (by lowering the central bank …