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Investigating asymmetries in the bank lending channel : an analysis using Austrian banks' balance sheet data
Frühwirth-Schnatter, Sylvia; Kaufmann, Sylvia - 2003
Persistent link: https://www.econbiz.de/10001794402
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Who pays China's bank restructuring bill?
Ma, Guonan (contributor) - 2006
Persistent link: https://www.econbiz.de/10003286939
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Off-balance sheet activities, inefficiency and market power of U.S. banks
Wheelock, David C.; Wilson, Paul W. - 2019
The Lerner index is widely used to assess firms' market power. However, estimation and interpretation present several challenges, especially for banks, which tend to produce multiple outputs and operate with considerable inefficiency. We estimate Lerner indices for U.S. banks for 2001-18 using...
Persistent link: https://www.econbiz.de/10011998070
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The impact of interest rate risk on bank lending
Beutler, Toni; Bichsel, Robert; Bruhin, Adrian; Danton, … - 2015
Persistent link: https://www.econbiz.de/10011414478
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One-month LIBOR derivatives
Neely, Christopher J. (contributor);  … - 2003 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10001986835
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Exotic unit-linked life insurance contracts
Ekern, Steinar; Persson, Svein-Arne - 1995
Persistent link: https://www.econbiz.de/10000925608
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Extraction of inflation expectations from financial instruments
Fuertes, Alberto; Gimeno, Ricardo; Marqués, José Manuel - 2018
In this paper we estimate inflation expectations for several Latin American countries using an affine model that takes as factors the observed inflation and the parameters generated from zero-coupon yield curves of nominal bonds. By implementing this approach, we avoid the use of...
Persistent link: https://www.econbiz.de/10011883446
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Rollover and interest rate risks in self-fulfilling debt models
Ayres, Joao; Paluszynski, Radoslaw - 2023
This paper proposes a model of sovereign default that features interest rate multiplicity driven by rollover risk. Our core mechanism shows that the possibility of a rollover crisis by itself can lead to high interest rates, which in turn reinforces the rollover risk. By exploiting...
Persistent link: https://www.econbiz.de/10014540282
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Interest on reserves, interbank lending, and monetary policy
Williamson, Stephen D. - 2015
Persistent link: https://www.econbiz.de/10011392782
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Central bank liquidity management and "unconventional" monetary policies
Garcia-Cicco, Javier; Kawamura, Enrique - 2014
This paper presents a small open economy model to analyze the role of central bank liquidity management in implementing … that the central bank uses to manage liquidity in the economy, which creates a role for the central bank balance sheet in … list of eligible collaterals accepted at the liquidity facilities operated by the central bank. These policies have been …
Persistent link: https://www.econbiz.de/10011285637