Similar Search Results

Kharroubi, E. - Banque de France - 2006

This paper addresses the macroeconomic impact of international financial integration. I first provide empirical evidence that foreign banking penetration can be associated with a contraction of banking credit, especially in countries with poor credit markets. Second I present a model in which...

Persistent link: https://www.econbiz.de/10004998820

Le coût du capital des entreprises à base de connaissance au Canada

Carpentier, Cécile; L'Her, Jean-François; Suret, Jean-Marc - Centre Interuniversitaire de Recherche en Analyse des … - 1999

une estimation du coût du capital-actions des entreprises à base de connaissance et une comparaison avec celui des …

Persistent link: https://www.econbiz.de/10005100811

La pregunta de los 100 mil millones

Haldane, Andrew G. - In: Revista de Economía Institucional 12 (2010) January-June, pp. 83-110

This article examines the costs of banking pollution and the role of regulation and restrictions on the financial system in tackling it. It studies the benefits of such restrictions in terms of modularity, robustness and incentives, and the costs in terms of the economies of scale and the...

Persistent link: https://www.econbiz.de/10008539917

¿Cómo deberíamos regular el capital bancario y los productos financieros? ¿Cuál es el papel de los “testamentos en vida”?

Goodhart, Charles - In: Revista de Economía Institucional 12 (2010) July-December, pp. 85-109

Financial regulation is normally imposed in reaction to some prior crisis, rather than founded on theoretical principle. In the past, regulation has been deployed to improve risk management practices in individual banks. This was misguided. Instead, regulation should focus first on systemic...

Persistent link: https://www.econbiz.de/10008765018

Une estimation de la cible implicite d’inflation dans la zone euro

Fève, P.; Matheron, J.; Sahuc, J-G. - Banque de France - 2009

Euro area countries as a whole have experienced a marked downward trend over the 1980s. Over this period, the unemployment rate has increased and economic activity has been sluggish. Changes in the implicit inflation target, viewed as low frequency movements of inflation, might possibly explain...

Persistent link: https://www.econbiz.de/10008477171

Optimal Monetary Policy in an Estimated DSGE Model of the Euro Area with Cross-country Heterogeneity.

Jondeau, E.; Sahuc, J-G. - Banque de France - 2006

This paper investigates the implications of cross-country heterogeneity within the euro area for the design of optimal monetary policy. We build an optimizing-based multi-country model (MCM) describing the euro area in which differences between structural parameters across countries are allowed....

Persistent link: https://www.econbiz.de/10004998845

Forecasting Inflation in the Euro Area

Bruneau, C.; De Bandt, O.; Flageollet, A. - Banque de France - 2003

In order to provide medium run forecasts of headline and core HICP inflation for the euro area, we assess the usefulness of dynamic factor models. We use Stock and Watson's (1999) out-of-sample methodology for models estimated over the 1988:1-2002:3 period, with balanced and unbalanced panels....

Persistent link: https://www.econbiz.de/10005056518

Règle de Taylor et politique monétaire dans la zone euro

Mésonnier, J-S.; Renne, J-P. - Banque de France - 2004

data set. A detailed robustness analysis is conducted, in order to assess how the estimation results are affected by …

Persistent link: https://www.econbiz.de/10005056522

The Impact of the Basel III Liquidity Regulations on the Bank Lending Channel: A Luxembourg case study

Giordana, Gaston; Schumacher, Ingmar - Central Bank of Luxembourg - 2011

the Net Stable Funding Ratio (NSFR), on the bank lending channel in Luxembourg. For this aim we built, based on individual … bank data, time series of the LCR and NSFR for a sample of banks covering between 82% and 100% of total assets of the … extend the existing literature on the identification of the bank lending channel by adding as banks characteristics the …

Persistent link: https://www.econbiz.de/10009283380

Comparison of Bank Credit Ratings for Various Agencies

Karminsky, A.; Sosyurko, V. - In: Journal of the New Economic Association (2011) 12, pp. 102-123

ten most commonly used bank ratings in Russia including scales of largest international rating agencies. Results may be …

Persistent link: https://www.econbiz.de/10009422059