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The paper analyses potential effects of climate change on financial institutions and the broader financial system. It also examines a significant role financial authorities could play within their existing mandate so as to mitigate risks to financial stability. In particular, the paper...
Persistent link: https://www.econbiz.de/10014355339
between bank regulation and climate policy. Households value the liquidity of deposits, which are protected by deposit … regulation affects liquidity provision to households, bank risk-taking, and loan supply across sectors. Using a calibrated …This paper proposes a quantitative multi-sector DSGE model with bank failure and firm default to study the interactions …
Persistent link: https://www.econbiz.de/10014548624
Persistent link: https://www.econbiz.de/10014261337
the climate transition process. Using a unique pan-European credit register dataset, we combine supervisory bank data with …
Persistent link: https://www.econbiz.de/10014490490
The urgency of estimating the impact of climate risks on the financial system is increasingly recognized among scholars and practitioners. By adopting a network approach to financial dependencies, we look at how climate policy risk might propagate through the financial system. We develop a...
Persistent link: https://www.econbiz.de/10012855741
This study examines whether the level of environmental disclosure in banks' financial reports matches less brown lending portfolios. Using granular credit register data and detailed information on firm-level greenhouse gas emission intensities, we find a negative relationship between...
Persistent link: https://www.econbiz.de/10014482925
bank regulatory standards, namely, disclosure, risk management, governance and regulatory capital. We develop the novel … argument that these regulatory instruments should serve as a basis for developing more harmonised international bank …
Persistent link: https://www.econbiz.de/10014238124
We review the "climate action plans" of Global Systemically Important Banks (GSIBs) and the progress they are making toward achieving them. G-SIBs have identified the drivers of climate risk and their transmission channels to credit and other risks. Additionally, some have started to measure and...
Persistent link: https://www.econbiz.de/10014355006
Future Employment Opportunities -- Chapter 6. World Benchmarking Alliance Content Analysis of Sustainability Reports in the … of Kuwait -- Chapter 9. LABOR RELATIONS DURING MARITAL STATE: REGULATION FEATURES -- Chapter 10. ENGINEERING AND SECURITY … SUSTAINABLE DEVELOPMENT: THE PREREQUISITE OF WORLD -- Chapter 15. Sustainable Supplier Selection for Labelling Materials Used in a …
Persistent link: https://www.econbiz.de/10015197430
paper, by means of a DSGE model including heterogeneous firms and banks, financial frictions and prudential regulation … increases the volatility of lending and output. We further show that relying on microprudential regulation alone would not be … microprudential regulation, leads to a Pareto improvement. …
Persistent link: https://www.econbiz.de/10014490442