Showing 1 - 10 of 49
The current financial crisis has had a severe impact on the European financial systems, reinforcing the ongoing discussion about the scale, scope, performance, safety and soundness of the financial system and its institutions. In this context, the purpose of this research is to highlight, using...
Persistent link: https://www.econbiz.de/10010533893
The macroprudential regulatory framework of Basel III imposes the same minimum capital and liquidity requirements on all banks around the world to ensure global competitiveness of banks. Using an agent-based model of the financial system, we find that this is not a robust framework to achieve...
Persistent link: https://www.econbiz.de/10011099750
Financial stability seems to be an important buzzword these days. This paper discusses the threats to financial stability that might arise from shadow banking. In order to properly discuss the problems, shadow banking is defined. Then, which measures to take to remedy this situation will be...
Persistent link: https://www.econbiz.de/10010820350
This paper aims to address key issues in maintaining financial system integration of Serbia in the European financial system, through inevitable structural changes in financial sector. The primary task of the NBS's policy in the previous years was to regulate the inflow of capital into the...
Persistent link: https://www.econbiz.de/10010900096
The macroprudential regulatory framework of Basel III imposes the same minimum capital and liquidity requirements on all banks around the world to ensure global competitiveness of banks. Using an agent-based model of the financial system, we find that this is not a robust framework to achieve...
Persistent link: https://www.econbiz.de/10010778735
The interventions done by central banks in order either to provide liquidity or to help the recovery of economic growth, during the lasting effects of the recent financial crisis, have again brought into the light the question how the monetary policy is serving the best a sustainable growth....
Persistent link: https://www.econbiz.de/10010748440
This study is focused upon the involvement of the central banks regarding the fulfillment of the two main objectives: price stability and financial stability. These two key concepts are part of an old and ongoing debate that the current turmoil has revived, and that is whether monetary policy...
Persistent link: https://www.econbiz.de/10008470762
This paper empirically examines the possible causal relationship between financial development and economic growth in Serbia. In this regard, the focus is on the development of financial intermediation by banks, considering the fact that the banking sector plays an important role in Serbian...
Persistent link: https://www.econbiz.de/10011213841
Global gross capital flows remain well below their peak before the global financial crisis, which was reached after a period of unusual expansion. Much of the decline can be attributed to a reduced flow of lending by banks – particularly to, from and within the euro area – as banks...
Persistent link: https://www.econbiz.de/10011129953
After rapidly cutting short-term interest rates to their effective lower bounds during the financial crisis of 2008–09, central banks in the USA and UK turned to quantitative easing (QE) in order to sustain aggregate demand and avoid a Japanese style deflationary spiral. The European...
Persistent link: https://www.econbiz.de/10011141074