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Responding to a shadow banking crisis : the lessons of 1763

Quinn, Stephen F.; Roberds, William - In: Journal of money, credit and banking : JMCB 47 (2015) 6, pp. 1149-1176

Persistent link: https://www.econbiz.de/10011345086

Climate change as a systemic risk : are macroprudential authorities up to the task?

Grünewald, Seraina Neva - 2020

There is growing acknowledgement among policymakers that climate change may give rise to potentially catastrophic financial risk and impact financial stability. This paper explores the specific features of climate-related financial risks (CRFR), drawing on a growing body of macrofinancial...

Persistent link: https://www.econbiz.de/10012427917

Central bank collateral frameworks

Nyborg, Kjell G. - 2015

on financial markets and the wider economy. They can, for example, bias the private provision of real liquidity and …

Persistent link: https://www.econbiz.de/10011296085

Responding to a Shadow Banking Crisis : The Lessons of 1763

Quinn, Stephen F. - 2014

source of liquidity helped to contain the effects of the crisis, by preventing the collapse of at least two other major … securitizers. While the underlying themes seem to have changed little in 250 years, the modest scope of the 1763 liquidity …

Persistent link: https://www.econbiz.de/10013065709

Responding to a shadow banking crisis : the lessons of 1763

Quinn, Stephen F.; Roberds, William - 2012

Persistent link: https://www.econbiz.de/10009552218

When Prosperity Merges into Crisis : The Decline and Fall of Ohio Life, Political Economy of Bank Suspension, and the Panic of 1857

Riddiough, Timothy J. - 2016

The historical record has remained incomplete as to exactly why the Ohio Life failed on August 24, 1857 and what, if any, causal connection existed between the failure and the subsequent panic. Using new information sources, we make three main contributions to the literature. First, we conduct a...

Persistent link: https://www.econbiz.de/10012977135

Monetary Policy and the Copper Price Bust : A Reassessment of the Causes of the Panic of 1907

Rodgers, Mary T. - 2017

We find evidence that the runs on banks and trust companies in the Panic of 1907 were linked to the Bank of England's contractionary monetary policy actions taken in 1906 and 1907 through the medium of copper prices. Results from our VAR models and copper stockpile data support our argument that...

Persistent link: https://www.econbiz.de/10012943729

Shadow banking: Financial intermediation beyond banks

Jokivuolle, Esa (contributor) - 2018

Shadow banking is a broad concept. A possible definition is that it comprises non-bank institutions which undertake bank-like activities. Another characteristic is that the sector is overall less regulated. Therefore there are still shortcomings in systematic collection of information of the sector.

Persistent link: https://www.econbiz.de/10011985212

Liquidity Provision and Financial Stability

Chen, William; Phelan, Gregory - 2022

When financial intermediaries’ key characteristic is provision of liquidity through their liabilities, with financial … frictions the financial sector in the aggregate is likely to over-accumulate equity, thus decreasing liquidity provision and … financial sector. This policy increases the likelihood that intermediaries provide more liquidity and improves the stability of …

Persistent link: https://www.econbiz.de/10014235793

The euro interbank repo market

Mancini, Loriano; Ranaldo, Angelo; Wrampelmeyer, Jan - 2014 - This version: March 2014

The search for a market design that ensures stable bank funding is at the top of regulators' policy agenda. This paper empirically shows that the central counterparty (CCP)-based euro interbank repo market features this stability. Using a unique and comprehensive data set, we show that the...

Persistent link: https://www.econbiz.de/10010410308