Showing 1 - 10 of 2,388
This paper assesses whether and how financial development triggers the occurrence of banking crises. It builds on a database that includes financial development as well as financial access, depth and efficiency for almost 100 countries. Through estimation of a dynamic logit panel model, it...
Persistent link: https://www.econbiz.de/10012021789
supervisory implementation, making use of data from IMF-World Bank assessments of compliance with international standards and …The paper analyzes the quality of financial sector regulation and supervision around the globe. Unlike studies that … collect and analyze data on regulation and supervision ""on the books,"" this study also analyzes available information on …
Persistent link: https://www.econbiz.de/10014401329
This paper describes how behavioral elements are relevant to financial supervision, regulation, and central banking. It …
Persistent link: https://www.econbiz.de/10011905870
central bank’s funding role, the introduction of new instruments of indirect monetary control, and measures to develop money …
Persistent link: https://www.econbiz.de/10014396201
in credit allocation, increased independence for the central bank, and a deepening of money and securities markets. Such …
Persistent link: https://www.econbiz.de/10014398013
The use of collateral has become one of the most widespread risk mitigation techniques. While it brings stabilizing effects to the individual lender we argue that it may exacerbate systemic risk through margin call activation. We show how a liquidity shock to the cash lender may propagate as a...
Persistent link: https://www.econbiz.de/10014397334
This study assesses the overall impact on credit of the financial regulatory reforms in Europe, Japan, and the United States. Long-term cost estimates are provided for Basel III capital and liquidity requirements, derivatives reforms, and higher taxes and fees. Overall, average lending rates in...
Persistent link: https://www.econbiz.de/10014395668
In this paper, we discuss whether and how bank lobbying can lead to regulatory capture and have real consequences … through an overview of the motivations behind bank lobbying and of recent empirical evidence on the subject. Overall, the …
Persistent link: https://www.econbiz.de/10012103556
This paper provides a review of the literature on both analytical issues and country experiences on the sequencing of financial sector reforms. It discusses the choice between big-bang and gradual reforms, the relationship of financial sector reforms to other economic reforms, the internal...
Persistent link: https://www.econbiz.de/10014398069
responses, and considerations for central bank digital currencies …
Persistent link: https://www.econbiz.de/10012009989