Showing 1 - 10 of 10,955
This paper empirically analyzes the effects of a banking crisis on bank credit to the private sector for a panel of … credit function changes during a banking crisis, reflecting a generalized disruption in the stability of behavioral …, this study gives support to Third Generation Models in their ability to predict banking crises. Based on the empirical …
Persistent link: https://www.econbiz.de/10005826645
This paper presents a Financial System Stability Assessment Update, including Reports on the Observance of Standards and Codes (ROSC) on the Securities Regulation, Insolvency and Creditor Rights Systems, and Payment Systems in Colombia. Overall, the financial sector appears relatively stable and...
Persistent link: https://www.econbiz.de/10005768448
This study examines the recent marked slowdown in bank credit to the private sector in Latin America. Based on the …, changes in bank balance sheets are examined to determine whether the credit slowdown is merely a reflection of a slowdown in … recent studies of credit slowdowns in East Asia and Finland, the paper investigates possible causes for the slowdown in three …
Persistent link: https://www.econbiz.de/10005826373
credit growth experienced by these countries. We find that, on average, both bank capitalization and lending activities in … Latin America increased after Basel. Consequently, Basel did not seem to lead to an overall credit decline. However, we do … Basel II might cause greater procyclicality of credit. …
Persistent link: https://www.econbiz.de/10005248279
Stability Facility (EFSF) played in supporting the restructuring and recapitalization of its financial sector. It stated that …
Persistent link: https://www.econbiz.de/10011245135
procyclicality of bank credit dynamics to the private sector and contain systemic risk. Reserve requirements, in particular, have … new cross-country evidence on how they influence real private bank credit growth. Our results show that these instruments …
Persistent link: https://www.econbiz.de/10010878415
Our proposal draws on the premise that the availability of stable demand deposits for bank lending, in the process of which inside money is created, does not require any act of intentional saving. The mechanism allowing banks to lend deposits does not function well in low-income countries, owing...
Persistent link: https://www.econbiz.de/10005599573
Dollarization of liabilities (DL) has emerged as a key factor in explaining the vulnerability of emerging markets to financial and currency crises. "Usual suspects" of causing DL comprise "fatalistic" determinants such as a long history of unsound macroeconomic policies and development and...
Persistent link: https://www.econbiz.de/10005599618
Do financial sector reforms necessarily result in expansion of credit to the private sector? How does bank ownership … affect the availability of credit to the private sector? Empirical evidence is somewhat mixed on these issues. We use the … ask whether public and private banks deployed resources freed up by reduced state preemption to increase credit to the …
Persistent link: https://www.econbiz.de/10008876581
The paper presents a supervisory framework that addresses the vulnerabilities of partially dollarized banking systems …. The tendency to underprice systemic liquidity risk and currency-induced credit risk creates vulnerabilities that need …, but few have addressed those arising from currency-induced credit risks. …
Persistent link: https://www.econbiz.de/10005605319