Showing 1 - 10 of 19,085
towards a broader market-based financing of financial assets. As a consequence, regulated banks increasingly focus on coping … the financial system, i.e. to shadow banks highly relying on securitization and repos. Unfortunately, economic history has … unilateral inclusion of shadow banks into the regulatory framework, i.e. without access to central bank liquidity, has negative …
Persistent link: https://www.econbiz.de/10011485779
do they mitigate, and how large are these effects? We show that by purchasing government bonds, central banks induce …
Persistent link: https://www.econbiz.de/10011389605
, the depreciation of public bonds and the loss of pre-eminence of the Southern public banks to the advantage of the …
Persistent link: https://www.econbiz.de/10012233146
banks and supervisory authorities of all EU member states. This paper describes the design and structure of the new data set …
Persistent link: https://www.econbiz.de/10011779845
This paper examines the role of the precautionary demand for liquidity and the interest on reserves as two potential determinants of the deposits channel that can help explain the role of monetary policy, particularly at the near zero-bound. At high levels of precautionary liquidity hoarding the...
Persistent link: https://www.econbiz.de/10011810801
While there is a growing debate among researchers and practitioners on the possible role of central banks and financial … existing and novel prudential approaches to incentivizing the decarbonization of banks' balance sheets and align finance with …
Persistent link: https://www.econbiz.de/10011932149
taking up the revived debate on whether central banks should use the interest rate to directly respond to the build-up of …
Persistent link: https://www.econbiz.de/10011789463
taking up the revived debate on whether central banks should "lean against the wind" or not. Currently, there is no consensus …
Persistent link: https://www.econbiz.de/10011404102
March 2007 and March 2014, as well as analyses methodological aspects of balance sheet data of the banks in Brazil. The … behavior of credit by public banks; especially Caixa Econômica Federal and Banco do Brasil. While the growth of banking credit … was commanded by private banks between 2003 and 2008, after the global financial crisis of 2008 the public banks led this …
Persistent link: https://www.econbiz.de/10011404453
In the post-crisis period, increased regulation of financial intermediaries led to a significant decline in corporate bond market liquidity. In order to stabilize these markets, policy makers recently proposed that the trading of corporate bonds should be more centralized. In this paper, we show...
Persistent link: https://www.econbiz.de/10011384108