Narrow search
Showing 1 - 10 of 4,763
Cover Image
International monetary transmission with bank heterogeneity and default risk
Tsenova, Tsvetomira - 2013
This paper compares the effectiveness, efficiency and robustness of standard and non-standard monetary policy tools, such as the banks' refinancing interest rate, penalty interest rate on deposit facility holdings and minimum reserve requirements on attracted deposits. The assessment is...
Persistent link: https://www.econbiz.de/10011347736
Cover Image
The effects of a disruption in CDSX settlement on activity in the LVTS : a simulation study
Embree, Lana (contributor); Millar, Kirby (contributor) - 2008
The Large Value Transfer System (LVTS) for settling large payments, and CDSX for settling debt and equity trades, are two of the main settlement systems in Canada. They are closely linked; for example, at the end of the day the final CDSX payment obligations must settle on the Bank of Canada’s...
Persistent link: https://www.econbiz.de/10003727266
Cover Image
Liquidity-saving mechanisms in collateral-based RTGS payment systems
Jurgilas, Marius; Martin, Antoine - 2010
This paper studies banks' incentives regarding the timing of payment submissions in a collateral-based RTGS payment system and how these incentives change with the introduction of a liquidity-saving mechanism (LSM). We show that an LSM allows banks to economise on collateral while also providing...
Persistent link: https://www.econbiz.de/10003969375
Cover Image
Liquidity-saving mechanisms in collateral-based RTGS payment systems
Jurgilas, Marius; Martin, Antoine - 2010
This paper studies banks’ incentives for choosing the timing of their payment submissions in a collateral-based real-time gross settlement payment system and the way in which these incentives change with the introduction of a liquidity-saving mechanism (LSM). We show that an LSM allows banks...
Persistent link: https://www.econbiz.de/10003948810
Cover Image
Asset-liability management with ultra-low interest rates
Grossman, Richard S.; Molyneux, Philip; Lambert, Frederic; … - Conference on Asset-Liability Management with Ultra-Low …; … - 2015
On 11 March 2015, SUERF jointly organised a conference with the Oesterreichische Nationalbank and the Austrian Society for Bank Research (Bankwissenschaftliche Gesellschaft - BWG). The present SUERF Study 2015/2 includes a selection of papers based on the authors' contributions to the Vienna...
Persistent link: https://www.econbiz.de/10011413495
Cover Image
Monetary Policy, Leverage, and Bank Risk-Taking
Dell'Ariccia, Giovanni - 2011
The recent global financial crisis has ignited a debate on whether easy monetary conditions can lead to greater bank risk-taking. We study this issue in a model of leveraged financial intermediaries that endogenously choose the riskiness of their portfolios. When banks can adjust their capital...
Persistent link: https://www.econbiz.de/10013131455
Cover Image
International Monetary Transmission with Bank Heterogeneity and Default Risk
Tsenova, Tsvetomira - 2013
This paper compares the effectiveness, efficiency and robustness of standard and non-standard monetary policy tools, such as the banks' refinancing interest rate, penalty interest rate on deposit facility holdings and minimum reserve requirements on attracted deposits. The assessment is...
Persistent link: https://www.econbiz.de/10013090744
Cover Image
The Rise of Sovereign Credit Risk : Implications for Financial Stability
Davies, Michael Richard Llywelyn - 2013
maturities and sound banking regulation are also important. And the different policy agencies involved need to ensure that they …
Persistent link: https://www.econbiz.de/10013092205
Cover Image
The Irish Risky Lending Gap
Connor, Gregory - 2009
match the current Irish banking environment and some tentative policy implications are suggested …
Persistent link: https://www.econbiz.de/10013157156
Cover Image
Shadow Banking and Market Discipline on Traditional Banks
Ari, Anil - 2019
We present a model in which shadow banking arises endogenously and undermines market discipline on traditional banks …. Demandable deposits impose market discipline: Without shadow banking, traditional banks optimally pursue a safe portfolio … strategy to prevent early withdrawals. Shadow banking constitutes an alternative banking strategy that combines high risk …
Persistent link: https://www.econbiz.de/10012900681