Narrow search
Showing 1 - 10 of 15,736
Cover Image
Dealing with financial crises : how much help from research?
Pagano, Marco - 2014
Has economic research been helpful in dealing with the financial crises of the early 2000s? On the whole, the answer is negative, although there are bright spots. Economists have largely failed to predict both crises, largely because most of them were not analytically equipped to understand...
Persistent link: https://www.econbiz.de/10010413174
Cover Image
Enhancing bank supervision in Asia : lessons learned from the financial crisis
Zamorski, Michael J.; Lee, Minsoo - 2015
. Assessments of the global financial crisis invariably point to ineffective finance regulation and supervision as the main reasons … outbreak. The crisis reflected the failure of regulatory authorities to keep pace with financial innovation. Bank supervision … depth. They did not properly implement risk-based supervision, and they failed to identify shortcomings in banks' risk …
Persistent link: https://www.econbiz.de/10011305260
Cover Image
Transatlantic systemic risk
Gehde-Trapp, Monika; Wewel, Claudio Nicolai - 2013 - This version: June 12, 2013
In this paper we study systemic risk for the US and Europe. We show that banks' exposures to common risk factors are crucial for systemic risk. We come to this conclusion by first showing that relations between US and European banks are smaller than within each region. We then show that European...
Persistent link: https://www.econbiz.de/10009784871
Cover Image
Twelve years after the financial crisis - too-big-to-fail is still with us : comments on the Financial Stability Board's Consultation Report "Evaluation of the effects of too-big-t...
Hellwig, Martin - 2020
The paper contains comments made on the Financial Stability Board's (FSB) Consultation Report concerning the success of regulatory reforms since the global financial crisis of 2007-2009. According to these comments, the FSB’s assessment of the role of equity is too narrow, being phrased in...
Persistent link: https://www.econbiz.de/10012306407
Cover Image
Has Financial Innovation Made the World Riskier? CDS, Regulatory Arbitrage and Systemic Risk
Yorulmazer, Tanju - 2013
The paper analyzes the use of credit default swaps (CDS) for regulatory capital relief and its consequences for systemic risk. Equity capital acts as a buffer against losses, and reduces incentives for excessive risk taking. Basel capital regulation states that banks can lower capital...
Persistent link: https://www.econbiz.de/10013089650
Cover Image
Contagion and spillovers : new insights from the crisis : a joint publication with the Austrian Society for Bank Research
Backé, Peter (ed.); Gnan, Ernest (ed.);  … - Contagion and Spillovers – New Insights from the …; … - 2010
On February 12, 2010, SUERF, the Oesterreichische Nationalbank and the Bankwissenschaftliche Gesellschaft continued their established tradition of jointly organised conferences. As evidenced also by the 115 conference participants, this year's subject of "Contagion and Spillovers – New...
Persistent link: https://www.econbiz.de/10011706561
Cover Image
Consumer Financial Protection in the COVID-19 Crisis : An Emergency Agenda
Cordray, Richard - 2020
, oversight of debt collectors, and supervision of credit reporting companies. In each of these primary areas, and on all the …
Persistent link: https://www.econbiz.de/10012837811
Cover Image
This Time Is Different, but It Will End the Same Way : Unrecognized Secular Changes in the Bond Market since the 2008 Crisis That May Precipitate the Next Crisis
Zwirn, Daniel - 2019
The US bond market had over $42.39 trillion of outstanding debt at the end of the third quarter of 2018, eclipsing the US stock market's approximately $30 trillion in market capitalization. The sheer size of the bond market provides ample opportunities, as well as risks, for institutional...
Persistent link: https://www.econbiz.de/10012871509
Cover Image
Too Big to Fail and Too Big to Save : Dilemmas for Banking Reform
Barth, James R. - 2015
“Too big to fail” traditionally refers to a bank that is perceived to generate unacceptable risk to the banking system and indirectly to the economy as a whole if it were to default and unable to fulfill its obligations. Such a bank generally has substantial liabilities to other banks...
Persistent link: https://www.econbiz.de/10013010073
Cover Image
The More the Merrier? Evidence from the Global Financial Crisis on the Value of Multiple Requirements in Bank Regulation
Buckmann, Marcus; Gallego Marquez, Paula; Gimpelewicz, … - 2021
This paper assesses the value of multiple requirements in bank regulation using a novel empirical rule‑based methodology. Exploiting a dataset of capital and liquidity ratios for a sample of global banks in 2005 and 2006, we apply simple threshold-based rules to assess how different...
Persistent link: https://www.econbiz.de/10013241644