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exports of all five broad categories of the U.K.'s financial and insurance services. No trade barriers are found for the bulk … suggests that post-Brexit disruptions of the U.K.'s export of financial and insurance services may be minor …
Persistent link: https://www.econbiz.de/10012796259
This paper explores insurance as a source of financial system vulnerability. It provides a brief overview of the … insurance industry and reviews the risks it faces, as well as several recent failures of insurance companies that had systemic … implications. Assimilation of banking-type activities by life insurers appears to be the key systemic vulnerability. Building on …
Persistent link: https://www.econbiz.de/10014403822
''s preference parameters for Canada, Sweden, and the United Kingdom are statistically different from the one implied by the commonly …
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methods to the case of Sweden, showing the range of estimates …
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lower incidence of systemic banking crises. Our empirical setup is designed to account for the potential direct and indirect … effects that macroprudential policies can have on banking crises. We find that while macro-prudential policies exert a direct … Generalized Impulse Response Function analysis of a dynamic system composed of the probability of a banking crisis and economic …
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The global financial crisis (GFC) has renewed interest in emergency liquidity support (sometimes referred to as 'Lender of Last Resort') provided by central banks to financial institutions and challenged the traditional way of conducting these operations. Despite a vast literature on the topic,...
Persistent link: https://www.econbiz.de/10011436788