This paper studies bank-failure models in the context of transition economies. In order to capture the default risk of … banks, data on the structure of retail deposit rates is used to improve the prognostic quality of bank-failure prediction …. The Czech bank crisis of 1994?1996, during which 14 banks failed, is used to verify the suggested approach. It is shown …

?Moral Hazard and Orderly Bank Exit?, na nìmž vystoupil David Mayes, profesor ekonomie na South Bank University v Londýnì a … poradce bankovní rady Bank of Finland. Pøednáška i následná diskuze byly primárnì zamìøeny na právní procedury, které mají za … úkol øešit situaci bank ve špatné finanèní situaci. Morální hazard, který je v evropském bankovním systému silnì zabudován …

more than consumed by the central bank?s opportunity costs from holding foreign exchange reserves (associated with the …

agents are learning new information and adjust their expectation about the inflation and output gap. Central bank …