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Crisis, the paper will highlight how runs on banks are triggered by liquidity crises and that liquidity risks cannot be … essential in facilitating disclosure - since the Basel Committee's focus on banks and prudential supervision cannot on its own …
Persistent link: https://www.econbiz.de/10008777385
a stylized representative bank’s financial statements. We show that the higher cost associated with a one … scheduled commercial banks, one-percentage point increase in capital ratio can be recovered by increasing the bank lending …
Persistent link: https://www.econbiz.de/10011112538
a stylized representative bank’s financial statements. We show that the higher cost associated with a one … scheduled commercial banks, one-percentage point increase in capital ratio can be recovered by increasing the bank lending …
Persistent link: https://www.econbiz.de/10011112690
suggest that in certain cases, regulatory bodies as well as central banks, should assume greater functions in certain …
Persistent link: https://www.econbiz.de/10011261038
illustrated how the traditional role of central banks has been extended to incorporate more innovative roles. The reduction of … interest rates by central banks to all time lows – along with other unprecedented actions which have been undertaken by central … banks, as evidenced by the recent Financial Crisis, have been regarded as „extensions of traditional methods of operation …
Persistent link: https://www.econbiz.de/10008693548
A financial network model, where the coded identity of the counterparties of every trade is known, is applied to both stable and crisis periods in a large and liquid overnight repo market in an emerging market economy. We have analyzed the financial crisis by using various network investigation...
Persistent link: https://www.econbiz.de/10008694011
policies, the knowledge of central banks in matters relating to information on market conditions and their oversight of payment … systems, as well as the need to bridge the existing gap between supervisory authorities and central banks whilst executing … their supervisory roles and functions, have necessitated an extension of central banks role in the management of liquidity …
Persistent link: https://www.econbiz.de/10008683306
achieving price stability. However, despite the levels of independence claimed to be enjoyed by several central banks, recent … events indicate shifts in focus of monetary policy objectives by various prominent central banks. The impact of political and … government influences on central banks' monetary policies has been evidenced from the recent financial crisis – and in several …
Persistent link: https://www.econbiz.de/10011257824
systemic failure in the global banking system. We examine a sample of 334 banks (representing 80% of global bank equity) in 28 … abnormal returns for the subset of banks not directly exposed to a negative shock (unexposed banks) rarely exceed a few percent … European banks. The largest values are obtained for the Russian crisis and September 11 and these show increases in estimated …
Persistent link: https://www.econbiz.de/10005789807
between market knowledge and supervisory decisions. Moreover the results encompass a complete ranking of the banks considered …, according to their systemic importance scores. The methodology has then been applied to EU and Eurozone samples of banks to …
Persistent link: https://www.econbiz.de/10011113924