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, depending on whether they owned a home, whether they owned stocks, and whether they had secure jobs, the crisis' impact appears …
Persistent link: https://www.econbiz.de/10008935752
Several programs have been introduced by US fiscal and monetary authorities in response to the financial crisis. We … ; financial crisis ; monetary policy …
Persistent link: https://www.econbiz.de/10008935795
intermediary to impose redemption fees or gates in a crisis - a form of suspension of convertibility - can lead to preemptive runs …
Persistent link: https://www.econbiz.de/10010393213
trillions more in variable-rate mortgage and student loans. LIBOR's volatile behavior during the financial crisis provoked … institutions. Policymakers across the globe now face the task of reforming LIBOR in the aftermath of the scandal and crisis. …
Persistent link: https://www.econbiz.de/10010393220
Many large U.S. bank holding companies (BHCs) continued to pay dividends during the recent financial crisis, even as … the official sector. In contrast, share repurchases by these BHCs dropped sharply in the early part of the crisis … eliminate dividends. Did BHCs with a high level of repurchases prior to the financial crisis cut dividends later, or by less …
Persistent link: https://www.econbiz.de/10010393223
We use the German Crisis of 1931, a key event of the Great Depression, to study how depositors behave during a bank run …
Persistent link: https://www.econbiz.de/10013161892
As the economic disruptions associated with the COVID-19 pandemic increased in March 2020, there was a global dash …
Persistent link: https://www.econbiz.de/10013162110
This paper uses new data to provide a comprehensive view of repo activity during the 2007-09 financial crisis for the …
Persistent link: https://www.econbiz.de/10012797870
In March 2020, massive customer selling of U.S. Treasury securities and agency mortgage-backed securities (MBS) triggered by the COVID-19 pandemic overwhelmed dealers' capacity to intermediate trades, contributing to a marked deterioration of market functioning. The Federal Reserve promptly took...
Persistent link: https://www.econbiz.de/10012797889
earlier version of the facility that was implemented during the global financial crisis and discuss lessons learned from …
Persistent link: https://www.econbiz.de/10012625897