Showing 1 - 10 of 544
The paper analyses the cost and effectiveness of bank restructuring policies in 11 transition countries during 1991 …
Persistent link: https://www.econbiz.de/10005248153
credit growth experienced by these countries. We find that, on average, both bank capitalization and lending activities in …
Persistent link: https://www.econbiz.de/10005248279
This paper takes stock of the current state of development of the financial systems in five Central European transition economies (the Czech Republic, Hungary, Poland, the Slovak Republic, and Slovenia) that are also leading EU accession candidates. It presents both a progress report and an...
Persistent link: https://www.econbiz.de/10005248292
discipline: a weak bank may not necessarily be able to stop a deposit drain by raising its uninsured deposit interest rates. …
Persistent link: https://www.econbiz.de/10005248320
This paper explains the continuing success of European cooperative banks through evolving comparative advantages. It points out that a cooperative is built around an intergenerational endowment without final owners, which creates particular governance challenges. Risks include the use of the...
Persistent link: https://www.econbiz.de/10005264159
pre-crisis bank behavior, and suggest implications for the optimal design of capital regulation. …
Persistent link: https://www.econbiz.de/10009293759
bank tax, and the U.S. administration has revived its own proposal for such a charge. This paper considers the structure … for taxing bank borrowing, perhaps as an adjunct to minimum capital requirements, at marginal rates that rise quite … higher than those of the bank taxes so far adopted or proposed. …
Persistent link: https://www.econbiz.de/10009293766
This paper assesses proposals to redefine the scope of activities of systemically important financial institutions. Alongside reform of prudential regulation and oversight, these have been offered as solutions to the too-important-to-fail problem. It is argued that while the more radical of...
Persistent link: https://www.econbiz.de/10009369435
This paper investigates empirically the drivers of financial imbalances ahead of the global financial crisis. Three factors may have contributed to the build-up of financial imbalances: (i) rising global imbalances (capital flows), (ii) monetary policy that might have been too loose, (iii)...
Persistent link: https://www.econbiz.de/10008727817
Most financial institutions in the European Union (EU) are still based in one country, but a number of large financial institutions (LCFI) have systemic cross-border exposures. The paper explains how, despite much progress, nationally-segmented supervisory frameworks and national accountability...
Persistent link: https://www.econbiz.de/10005825634