Showing 1 - 10 of 918
This paper investigates the effects of home country banking regulations on the performance of foreign banks in Luxembourg?s financial center. We control for the main regulatory indicators, such as capital requirements, private monitoring, official disciplinary power and restrictions on bank...
Persistent link: https://www.econbiz.de/10009324232
This paper studies liability management exercises (LME) by banks, which have comparable regulatory capital effects than contingent capital triggers. LMEs are concentrated on low capitalization situations, both in the cross-section and in the time series and are frequently associated with equity...
Persistent link: https://www.econbiz.de/10010391944
This paper studies the impact of financial inclusion on wealth accumulation. Exploiting the US interstate branching deregulation between 1994 and 2005, we find that an exogenous expansion of bank branches increases low-income household financial inclusion. We then show that financial inclusion...
Persistent link: https://www.econbiz.de/10010499774
The main purpose of this paper is to determine the macro-prudential indicators of financial strength that can be used under supervision of the banking system in CEMAC. More specifically, we start from a set of indicators listed in the literature on macro-prudential supervision, and identify...
Persistent link: https://www.econbiz.de/10015217760
In this paper, using monetary policy rules, we build a model which describes the fixing of the interest rate by the Bank of Central African's States (BEAC). First, with a GMM adapted for a forward looking rule, we propose a reaction function for this central bank. The result shows that from 1986...
Persistent link: https://www.econbiz.de/10015217762
In this paper we apply the Principal/Agent theory in case of microcredit granted to the Moroccan micro-companies. The practice reveals us that a part of the receipted credits is diverted from its initial objective. Indeed, a situation of information asymmetries linked with adverse selection and...
Persistent link: https://www.econbiz.de/10015220044
It is likely that such a crisis could not be born somewhere else only in the United States. The "current financial disaster" is the fruit of the combination of specific factors in the US, where elements were gathered to catalyse such a crisis, like, someway, some "primal soup" where were...
Persistent link: https://www.econbiz.de/10015222098
The Basel capital accords were established by the banking supervisory authorities of the G10 countries, members of the Basel Committee on Banking Supervision, and were applied to the international banks based in these countries. But, do the Basel accords bring more banking stability to emerging...
Persistent link: https://www.econbiz.de/10015223250
The Basel capital accords were established by the banking supervisory authorities of the G10 countries, members of the Basel Committee on Banking Supervision, and were applied to the international banks based in these countries. But, do the Basel accords bring more banking stability to emerging...
Persistent link: https://www.econbiz.de/10015223329
In this study, we identifie a small number of indicators of macro-prudential supervision important to monitoring of the banking’s system. We use the theory of Markov stochastic processes to measure the systemic risk of CEMAC by calculating the degree of fragility of system and we determine the...
Persistent link: https://www.econbiz.de/10015223527