importance of sovereign risk for financial stability. The implementation of stress tests needs to be closely aligned with the …

choices, and increase refinancing risk. To be effective, liquidity requirements should be complemented by measures that …Banks may be unable to refinance short-term liabilities in case of solvency concerns. To manage this risk, banks can … accumulate a buffer of liquid assets, or strengthen transparency to communicate solvency. While a liquidity buffer provides …

recommendations made in the Financial Sector Assessment Program (FSAP) Update in the area of systemic liquidity risk management …The Swedish banking system faced a severe liquidity strain during the global financial crisis owing to their extensive …, especially in relatively weak areas and some aspects of Riksbank’s domestic liquidity toolkit. But it does not cover a range of …

This paper discusses Selected Issues on Liquidity Risk Management in Fedwire Funds and Private Sector Payment for the …

liability (P/L) insurers liquidity creation, applying the liquidity creation measure developed by Berger and Bouwman. The second … purpose is to identify factors affecting P/L insurers' liquidity creation using a regression. Particularly, this paper tests … two competing hypotheses regarding the relationship between the level of capital and liquidity creation. Design …

This paper presents an index of institutionalized social technologies covering its two main dimensions namely Risk …

by changes in the Economic Freedom of the World index. Moreover, the economic liberalization appears to follow the path …

democracy: higher/lower incomes per capita hinder/trigger democratization. Decomposing overall income per capita into its …