Showing 1 - 10 of 559
The paper surveys the characteristics of explicit systems of deposit insurance in 68 countries. It compares these … best practices seek to establish a system of deposit insurance that provides incentives for all parties—whether they are …
Persistent link: https://www.econbiz.de/10014400419
lifted, banks in low-risk developed countries benefit from lending funds captured in home markets at low deposit rates to … high-risk/high-yield projects in emerging economies, even though these projects command lower expected returns. This, in …
Persistent link: https://www.econbiz.de/10014400643
Persistent link: https://www.econbiz.de/10009419791
the lowest feasible level of bank risk. Conversely, if the intermediation technology exhibits constant returns to scale …
Persistent link: https://www.econbiz.de/10014397097
This paper tests empirically the theoretical prediction that the country premium paid by emerging economies on sovereign debt increases with the amount of debt up to a certain critical level, above which the supply of foreign funds becomes fixed. The results confirm this theoretical prediction....
Persistent link: https://www.econbiz.de/10014404064
denominated debt subject to a risk premium above and beyond international interest rates. We use Bayesian estimation techniques to … market countries. Using Korean data, we obtain an estimate for the external risk premium, indicating the importance of the …
Persistent link: https://www.econbiz.de/10014401028
The paper describes the evolution of the corporate stock and bond markets in Korea and the Government’s role in this evolution and its policy with regard to internationalization of the capital market. The paper analyzes problems encountered in gradually opening the Korean capital market to...
Persistent link: https://www.econbiz.de/10014395771
This paper analyzes the consequences of the growing interdependence of world financial markets for Pacific developing countries. Section I discusses trends in financial integration in the Pacific and the underlying movements in saving and investment. Section II seeks to quantify the increased...
Persistent link: https://www.econbiz.de/10014396322
This paper argues that in the European Union (EU) deposit insurance funds are too difficult to use in bank resolution …; establishing a common DIS for the European Union; and increasing funding and backstops for deposit insurance while removing …
Persistent link: https://www.econbiz.de/10013170606
stock markets. Our technique relies on estimating and comparing expected risk-free rates across assets. Expected risk …-free rates are allowed to vary freely over time, constrained only by the fact that they must be equal across (risk …-adjusted) assets in well integrated markets. Assets are allowed to have standard risk characteristics, and are constrained by a factor …
Persistent link: https://www.econbiz.de/10014404174