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issues in the field of macroprudential supervision, including the integration of macro-financial elements into macroeconomic … models, the measurement and indicators of systemic risk, macroprudential tools and their effectiveness; and to identify … forthcoming challenges for the ESRB and macroprudential supervision at large. This SUERF Study forms the conference proceedings …
Persistent link: https://www.econbiz.de/10011689955
On June 4-5, 2014, SUERF and Baffi Finlawmetrics jointly organised a Colloquium/Conference “Money, Regulation and … economic growth of monetary policy, financial regulation and structural changes in European financial institutions and markets. …
Persistent link: https://www.econbiz.de/10011689965
The use of macro stress tests to assess bank solvency has developed rapidly over the past few years. This development was reinforced by the financial crisis, which resulted in substantial losses for banks and created general uncertainty about the banking sector's loss-bearing capacity. Macro...
Persistent link: https://www.econbiz.de/10011606304
regulation proposals in the Basel III framework with respect to this literature. A number of shortcomings in the current … framework are analyzed and three measures for future reform are proposed: counter-cyclical risk-weights, dynamic asset value …
Persistent link: https://www.econbiz.de/10010334491
The paper discusses the reform of capital regulation of banks in the wake of the financial crisis of 2007/2009. Whereas … arguments that run counter to economic logic or are themselves evidence of moral hazard and a need for regulation. …
Persistent link: https://www.econbiz.de/10010286702
Ideologues are quick to explain the current financial meltdown: it's the markets, stupid. Economists agree but add: it's politics too, stupid. Ideologues agree but counter: first and foremost it's capitalism, stupid. Economists agree but reply: §$%&?!, stupid. This is where this short paper...
Persistent link: https://www.econbiz.de/10011435258
The macroprudential regulatory framework of Basel III imposes the same 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 (inter)national financial stability, because efficient regulation has to embrace …
Persistent link: https://www.econbiz.de/10010319289
performance in financial institutions and in financial regulation and supervision all over the world. The contributors to the … banking, financial markets and regulation. …
Persistent link: https://www.econbiz.de/10011689953
, among them the subprime crisis, innovative financial products, dubious microeconomic incentives, inefficient regulation and …
Persistent link: https://www.econbiz.de/10011435262
With banking sectors worldwide still suffering from the effects of the financial crisis, public discussion of plans to place toxic assets in one or more bad banks has gained steam in recent weeks. The following paper presents a plan how governments can efficiently relieve ailing banks from toxic...
Persistent link: https://www.econbiz.de/10010331436