Narrow search
Showing 1 - 10 of 599
Cover Image
Which bank is the central bank? An application of Markov theory to the Canadian large value transfer system
Bech, Morten; Chapman, James T. E.; Garratt, Rod - 2008
We use a method similar to Google's PageRank procedure to rank banks in the Canadian Large Value Transfer System (LVTS). Along the way we obtain estimates of the payment processing speeds for the individual banks. These differences in processing speeds are essential for explaining why observed...
Persistent link: https://www.econbiz.de/10010279933
Cover Image
Which bank Is the central bank? An application of Markov theory to the Canadian Large Value Transfer System
Bech, Morten L.; Chapman, James T. E.; Garratt, Rod - 2008
Recently, economists have argued that a bank's importance within the financial system depends not only on its … individual characteristics but also on its position within the banking network. A bank is deemed to be 'central' if, based on our …
Persistent link: https://www.econbiz.de/10010283500
Cover Image
Zinsänderungsrisiken von Kreditinstituten im aktuellen Niedrigzinsumfeld
Claußen, Catharina; Maidl, Christoph; Pfingsten, Andreas; … - In: Vierteljahrshefte zur Wirtschaftsforschung 85 (2016) 1, pp. 45-64
Im vorliegenden Beitrag wird untersucht, welche Auswirkungen die aktuelle Niedrigzinsphase auf Zinsänderungsrisiken von Kreditinstituten hat. Der Schwerpunkt liegt hierbei auf Zinsänderungsrisiken im Anlagebuch unter besonderer Berücksichtigung des deutschen Bankensystems. Das Anlagebuch ist...
Persistent link: https://www.econbiz.de/10011739542
Cover Image
The Relationship between Bank Capital, Risk-Taking, and Capital Regulation: A Review of the Literature
Stolz, Stéphanie - 2002
Bank capital regulation seems to be today's most accepted regulatory instrument. The reasoning is that limited …
Persistent link: https://www.econbiz.de/10010260495
Cover Image
Monetary policy effects on bank loans in Germany: A panel-econometric analysis
Worms, Andreas - 2001
A crucial condition for the existence of a credit channel through bank loans is that monetary policy should be able to … change bank loan supply. This paper contributes to the discussion on this issue by presenting empirical evidence from dynamic … the average bank reduces its lending more sharply in reaction to a restrictive monetary policy measure, the lower its …
Persistent link: https://www.econbiz.de/10010295714
Cover Image
Cyclical implications of minimum capital requirements
Heid, Frank - 2005
Capital requirements play a key role in the supervision and regulation of banks. The Basel Committee on Banking Supervision is now changing the current framework by introducing risk-sensitive capital charges. There have been concerns that this will unduly increase volatility in the banks'...
Persistent link: https://www.econbiz.de/10010295899
Cover Image
Endogenous credit derivatives and bank behavior
Pausch, Thilo - 2007
Instruments for credit risk transfer arise endogenously from and interact with optimizing behavior of their users. This is particularly true with credit derivatives which are usually OTC contracts between banks as buyers and sellers of credit risk. Recent literature, however, does not account...
Persistent link: https://www.econbiz.de/10010295935
Cover Image
Capital policy of German savings banks: a survey
Kleff, Volker - 2005
In contrast to earlier field studies, we survey German public savings banks on their management of capital. We find that the most important determinants of the savings banks? target capital ratio are risk aversion, the desired credit growth and profitability. Savings banks prefer to manage the...
Persistent link: https://www.econbiz.de/10010297475
Cover Image
Did fair-value accounting contribute to the financial crisis?
Laux, Christian; Leuz, Christian - 2009
evidence to date points in the opposite direction, that is, towards overvaluation of bank assets. …
Persistent link: https://www.econbiz.de/10010303680
Cover Image
The crisis of fair value accounting: Making sense of the recent debate
Laux, Christian; Leuz, Christian - 2009
The recent financial crisis has led to a vigorous debate about the pros and cons of fair-value accounting (FVA). This debate presents a major challenge for FVA going forward and standard setters' push to extend FVA into other areas. In this article, we highlight four important issues as an...
Persistent link: https://www.econbiz.de/10010303740