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Bank capital requirements and incentives for lending

Jacklin, Charles - Federal Reserve Bank of San Francisco - 1993

Persistent link: https://www.econbiz.de/10005078315

An analysis of the use of loan sales and standby letters of credit by commercial banks

James, Christopher - Federal Reserve Bank of San Francisco - 1987

Persistent link: https://www.econbiz.de/10005401598

Fixed-premium deposit insurance and international credit crunches

Spiegel, Mark M. - Federal Reserve Bank of San Francisco - 1994

We introduce a monopolistically-competitive model of foreign lending in which both explicit and implicit fixed …

Persistent link: https://www.econbiz.de/10005078299

Optimal foreign borrowing and investment with an endogenous lending constraint

Glick, Reuven; Kharas, Homi J. - Federal Reserve Bank of San Francisco - 1985

Persistent link: https://www.econbiz.de/10005078322

Institutional efficiency, monitoring costs, and the investment share of FDI

Aizenman, Joshua; Spiegel, Mark M. - Federal Reserve Bank of San Francisco - 2003

This paper models and tests the implications of institutional efficiency on the pattern of foreign direct investment … (FDI). We posit that domestic agents have a comparative advantage over foreign agents in overcoming some of the obstacles … domestic entrepreneurs than for foreign ones, but foreign producers enjoy a countervailing productivity advantage. Under these …

Persistent link: https://www.econbiz.de/10005401546

Central bank independence and the costs of disinflation in the EC

Walsh, Carl E. - Federal Reserve Bank of San Francisco - 1994

Persistent link: https://www.econbiz.de/10005078251

"Burden sharing" in sovereign debt reduction

Spiegel, Mark M. - Federal Reserve Bank of San Francisco - 1994

We examine a concerted debt reduction deal between a sovereign debtor, a private creditor, and an official creditor, who insures the deposits of the commercial bank. Our results show that a weakening of the financial position of the commercial bank reduces the contribution of the commercial bank...

Persistent link: https://www.econbiz.de/10005078254

How independent should a central bank be?

Debelle, Guy; Fischer, Stanley - Federal Reserve Bank of San Francisco - 1994

The case for an independent central bank is becoming increasingly accepted. This new orthodoxy is based on three foundations: the success of the Bundesbank and the German economy over the past forty years; the theoretical academic literature on the inflationary bias of discretionary...

Persistent link: https://www.econbiz.de/10005078262

Optimal contracts for independent central bankers: private information, performance measures and reappointment

Walsh, Carl E. - Federal Reserve Bank of San Francisco - 1993

Persistent link: https://www.econbiz.de/10005078283

Optimal policy with limited commitment

Kasa, Kenneth - Federal Reserve Bank of San Francisco - 1994

This paper uses Whiteman's(1986) frequency-domain optimization methodology to parameterize the precommitment period in a standard rational expectations policy design model. This allows researchers to adopt an empirical approach to the time consistency issue. That is, the operative commitment...

Persistent link: https://www.econbiz.de/10005078309