Showing 1 - 10 of 633
Currency crises, generally defined as rapid depreciation of a local currency or loss of foreign exchange reserves, are common incidents in modern monetary systems. Due to their repeated occurrence and severity, they have earned wide coverage by both theoretical and empirical literature. However,...
Persistent link: https://www.econbiz.de/10011259158
In this paper I propose a medium scale Dynamic Stochastic General Equilibrium model for emphasizing the effects of the new Basel III Agreement for Romania’s financial stability. This model has similar structures as those developed by Walque et al. (2010) and Roger and Vlček (2011) but,...
Persistent link: https://www.econbiz.de/10011259541
The Basel III Leverage Ratio, as originally agreed upon in December 2010, has recently undergone revisions and updates – both in relation to those proposed by the Basel Committee on Banking Supervision – as well as proposals introduced in the United States. Whilst recent proposals have been...
Persistent link: https://www.econbiz.de/10011260689
This paper examines the implications of financial development for commercial bank savings mobilisation and economic performance in Ghana since the pursuit of financial reforms programme in September 1987. To achieve this objective a Structural Vector Autoregressive (SVAR) model on quarterly time...
Persistent link: https://www.econbiz.de/10009652941
The intention of regulation is to protect the vulnerable. However, unintended results of regulation can cause the opposite occur. In its present form, the proposed Volcker Rule prohibits proprietary trading and has the potential of continuing the liquidity crisis that aided in the degradation of...
Persistent link: https://www.econbiz.de/10009401323
This paper investigates the impact of access to formal credit on household poverty in Mekong Delta (MD) – Vietnam. The analysis is based on some indicators of household poverty such as households’ total assets, educational costs, healthcare costs, food consumption, non-farm expenses,...
Persistent link: https://www.econbiz.de/10009644934
This study, empirically, investigates the determinants of bank profitability. Overall, I find that the Basel capital … regime had no significant effect on bank profitability. This result is significant because it lends support to the view that … objective - to reduce excessive bank risk-taking. Second, after employing NIM and ROA profitability metrics, I find that the …
Persistent link: https://www.econbiz.de/10011234845
The history of Europe is riddled with conflict and disagreement between its nations and the present has not managed to erase their traces. The establishment of the European Union, although started as an economic project (EEC), has gained some other dimensions as well: monetary, political and...
Persistent link: https://www.econbiz.de/10005787111
In Morocco, as elsewhere, banking is the principal financial sector it has the potential to contribute the most or to most severely retard economic development. But the banking industry’s potential performance is constrained by the monetary policies of the central bank. This paper reviews some...
Persistent link: https://www.econbiz.de/10005790364
In the modern world, a legal framework has been set up and a market regulator has been defi ned so that payment as a relation between the debtor and creditor can not be put in question regarding the realization of their integral rights. Countries in transition, including Croatia (the Republic of...
Persistent link: https://www.econbiz.de/10005836601