Showing 1 - 10 of 1,548
Intro -- Contents -- I. INTRODUCTION -- II. SUPERVISORY PRACTICES -- III. TOWARDS GOOD PRACTICES -- COUNTRY PRACTICES: SURVEY RESULTS -- CURRENCY-INDUCED CREDIT RISK IN SELECTED BANKING SYSTEMS -- References.
Persistent link: https://www.econbiz.de/10012691102
We analyze recent trends in, and determinants of, financial supervisory governance. We first calculate levels of supervisory independence and accountability in 55 countries. The econometric analysis of the determinants indicates that the quality of public sector governance plays a decisive role...
Persistent link: https://www.econbiz.de/10012677608
This paper investigates macroprudential policy effects on bank systemic risk and the role of inflation targeting in … such effects. Using bank-level data for 45 countries comprising various monetary and exchange rate regimes, our regime … tightening of most macroprudential tools-including DSTI and LTV limits, and capital requirements-reduces bank systemic risk …
Persistent link: https://www.econbiz.de/10015059389
outside of the central bank, and the twin-peaks model, with a systemic risk regulator (central bank) on the one hand and a …
Persistent link: https://www.econbiz.de/10012677753
Intro -- Contents -- I. INTRODUCTION -- II. POSSIBLE DETERMINANTS OF CENTRAL BANK BOARD SIZE -- III. EMPIRICAL ANALYSIS …
Persistent link: https://www.econbiz.de/10012691188
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 …
Persistent link: https://www.econbiz.de/10012677632
suggests that there is scope for convergence among central bank operational frameworks through the adoption of those elements … of liquidity provision; and (iv) central bank cooperation to facilitate the use of cross-border collateral. Flexible use …
Persistent link: https://www.econbiz.de/10014409061
We develop a stylized balance sheet framework to help identify 'quasi-fiscal' components of central bank crisis … bank balance sheet data with survey evidence from intervention announcements, we document the risks to the public sector … management of fiscal risks from central bank crisis interventions varies greatly across countries, although several good …
Persistent link: https://www.econbiz.de/10015059397
The expansion of bilateral swap arrangements (BSAs) since the Global Financial Crisis has led to a substantial reconfiguration of the Global Financial Safety Net (GFSN). This paper examines the drivers of BSA supply using a novel dataset on all publicly documented BSAs. It finds that countries...
Persistent link: https://www.econbiz.de/10015058481
We study alternative approaches to the withdrawal of prolonged unconventional monetary stimulus ("exit strategies") by central banks in large, advanced economies. We first show empirically that large-scale asset purchases affect the exchange rate and domestic and foreign term premiums more...
Persistent link: https://www.econbiz.de/10015058544