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The capital structure of firms that face restrictions on liquidity (i.e. that cannot hedge continuously) is affected by the agency costs and moral-hazard implicit in the contracts they establish with stockholders and customers. It is demonstrated in this paper that then an optimal level of...
Persistent link: https://www.econbiz.de/10013159445
of the study is to assess the importance of the bank lending channel in the transmission of monetary policy in Australia …. In this paper, we found that the effectiveness of monetary policy varies with the size of the bank as well as the type of … has distributional effects on bank loans that depend on asset size and industry in the economy. …
Persistent link: https://www.econbiz.de/10009372589
lending of different types of loans. We found the response of bank lending after a monetary policy change varies with the size … of the bank as well as the types of loan. …
Persistent link: https://www.econbiz.de/10011114058
In this study, using the World Bank’s Bank Regulation and Supervision Survey (BRSS) data, we draw insights about the … bank regulatory/supervisory styles, illustrate the differences in regulation/supervision among crisis, non-crisis and BRICS … countries, and highlight the ways in which bank regulation and supervision has changed during the crisis period. The study …
Persistent link: https://www.econbiz.de/10011113271
behaviour of Canadian bank capital. We find Canadian banks to be well-capitalized and that they hold a larger capital buffer in …
Persistent link: https://www.econbiz.de/10011260132
The role of the state is finally the decision of the citizens. The government, being a result of elections, can provide more or less protection and increase or decrease expenditures. Anyway for achieving goals and for being performant the state definitly has to promote a good governance. Good...
Persistent link: https://www.econbiz.de/10005835427
(RSB) to improve the stability of financial markets. Currently, international institutions like the IMF and the World Bank … reasons for the deficient performance of Turkish RSB over the last five years in an attempt to provide actual lessons for the …
Persistent link: https://www.econbiz.de/10005616614
Text presented at the 19ª Asamblea Anual del Grupo Regional de América Latina y el Caribe (GRULAC), of the World … Savings Banks Institute, La Habana, Cuba, 4-5 November 2013. It mentions some of the more recent international reform …
Persistent link: https://www.econbiz.de/10011257769
Committee on Banking Supervision (BCBS) and the Bank for International Settlements (BIS), and offers some arguments against some …
Persistent link: https://www.econbiz.de/10011258027
capital regulation. A model of bank behavior is presented, which shows how a monetary policy shock affects both deposit and …The paper addresses the issue of monetary policy transmission through the banking sector in the presence of a bank …
Persistent link: https://www.econbiz.de/10005089347