Showing 1 - 10 of 522
This paper distills some policy lessons from the financial services integration program in the European Union for East Asia. Focusing on the improved cross-border facilitation of financial flows rather than on general macroeconomic factors related to optimal currency area formation, the paper...
Persistent link: https://www.econbiz.de/10011421122
This paper introduces a model for stress testing of probability of default of individuals. The model rests on assumption that the individual defaults if his savings fall below zero. The probability of default is then described as a function of several macroeconomic indicators such as wages,...
Persistent link: https://www.econbiz.de/10010322243
This paper analyzes credit risk transfer in banking. Specifically, we model loan sales and loan insurance (e.g. credit … presence of moral hazard and relationship banking costs of loan sales. Finally, we show that a poorly capitalized bank may be …
Persistent link: https://www.econbiz.de/10011940745
We analyze the effect of counterparty risk on insurance contracts using the case of credit risk transfer in banking. In …
Persistent link: https://www.econbiz.de/10011940750
Financial inclusion is the broad based delivery of banking and other financial services at affordable cost to the … banking services to maximum number of people is unsuccessful as a poverty reduction strategy. As a poverty reduction strategy …
Persistent link: https://www.econbiz.de/10010269187
and the World Bank centres on the need to develop strong regulatory institutions, especially the realm of banking and … identifies the positive features of the new era the PWC in terms of the banking sector which as a result has become much more … distributional impact of the regulatory reforms with the banking sector and notably the foreign banks emerging as the major …
Persistent link: https://www.econbiz.de/10010273659
I will address in this study the future of banking. This will be done against the backdrop of revolutionary forces … shaping an increasingly fast-moving banking landscape. The first part of the study focuses on the ultra-long drivers of … banking structures and institutions. To that end, I will identify the long-term determinants of our rapidly changing society …
Persistent link: https://www.econbiz.de/10011689924
Using data on Indian banks during 1996-2007, the paper examines the impact of bank activity and short-term funding for bank returns and risks. The findings indicate that larger, fast growing financial firms tend to have higher fee income shares. In addition, banks with greater reliance on fee...
Persistent link: https://www.econbiz.de/10010290049
A view advanced in the aftermath of the late-2000s financial crisis is that lower than optimal interest rates lead to excessive risk taking by financial intermediaries. We evaluate this view in a quantitative dynamic model where interest rate policy affects risk taking by changing the amount of...
Persistent link: https://www.econbiz.de/10010291904
supervising and resolving cross-border banking groups. The paper identifies these changes starting with enhancements in the … availability of information on banking groups’ financial condition to prudential supervisors. Next, the paper considers the … soon as a bank in a cross-border banking group falls below the minimum capital standard. Finally, the paper analyzes the …
Persistent link: https://www.econbiz.de/10010292332