Showing 1 - 10 of 2,920
Cross-border banking needs cross-border recapitalisation mechanisms. Each mechanism, however, suffers from the financial trilemma, which is that cross-border banking, national financial autonomy and financial stability are incompatible. In this paper, we study the efficiency of different...
Persistent link: https://www.econbiz.de/10013008000
This article has a following thesis: changes in banking and a role of banks in real economy in last years, give an argument for treating banks as public good. Banks received a great support from governments as a result of the subprime crisis. G-20 and European Commission recommended new...
Persistent link: https://www.econbiz.de/10012002038
The establishment of a Capital Markets Union (CMU) is a high-priority project of the European Commission. CMU should foster additional non-bank sources of finance, mobilize private savings more efficiently and enhance capital market integration. Although more integration is needed, the...
Persistent link: https://www.econbiz.de/10011292921
The paper provides the IMF staff views on policy options to mitigate the risks posed by institutions perceived as too-important-to-fail (“TITF"). These institutions have become bigger and more complex since the crisis, and risky practices have started to reappear. The paper emphasizes the need...
Persistent link: https://www.econbiz.de/10013124367
This study investigates the efficiency of large commercial banks in Asia and the Pacific region. In particular, the overall technical efficiency, pure technical efficiency and scale efficiency has been estimated, the factors (including, the environmental factors) that influence efficiency of...
Persistent link: https://www.econbiz.de/10013004387
In the aftermath of the financial crisis, governments are rightly reducing their exposure to the banking system. Bail-in arrangements should ensure that shareholders and creditors take the first losses. The next line of defence is a resolution fund, which is filled via levies on banks....
Persistent link: https://www.econbiz.de/10013006142
I develop a model where the sovereign debt capacity depends on the capitalization of domestic banks. Low-capital banks optimally tilt their government bond portfolio toward domestic securities, linking their destiny to that of the sovereign. If the sovereign risk is sufficiently high,...
Persistent link: https://www.econbiz.de/10012856695
-stricken country's bailout program. Conventional wisdom in international bailout programs tends to favor creditors to the detriment of … manage the competing interests of domestic banks, depositors, international creditors, the sovereign's own solvency, and the … payers or on the sovereign. The case study challenges the notion of ‘bowing to international creditors' and demonstrates that …
Persistent link: https://www.econbiz.de/10013022110
Persistent link: https://www.econbiz.de/10012989331
In this study, we examine quality of the lending decisions of public sector banks (PSBs) in India with a novel dataset which allows the identification of both the banks by the ownership types and their borrowers. We use a lender type prediction model where the bank type is determined by...
Persistent link: https://www.econbiz.de/10012932135