Narrow search
Showing 1 - 10 of 1,953
Cover Image
The Changing Landscape of Sovereign Credit Risk
Beers, David - 2015
The risks to global financial stability posed by recent defaults by government borrowers have, for the most part, been manageable. However, the dynamics underpinning the ad hoc arrangements for resolving sovereign defaults are changing. Public debt burdens in many advanced economies are set to...
Persistent link: https://www.econbiz.de/10013022317
Cover Image
Novel evidence from APEC countries on stock market integration and volatility spillover : a Diebold and Yilmaz approach
Kakran, Shubham; Sidhu, Arpit; Bajaj, Parminder Kaur; … - In: Cogent economics & finance 11 (2023) 2, pp. 1-23
The interconnection of stock markets offers valuable insights into the broader dynamics of global financial markets. This study uses the Diebold and Yilmaz index model to analyze and measure volatility spillovers and interconnectedness among APEC stock markets. The objective is to identify major...
Persistent link: https://www.econbiz.de/10014502815
Cover Image
Capital Market Openness After Financial Turmoil
Ferran, Eilis - 2011
, the international community has reaffirmed its commitment to open markets that are regulated in balanced ways that promote … the crisis a lot of momentum had built up behind flagship market-opening projects in financial reporting and international … bodies to maintain momentum.International standard setting and bilateral regulatory dialogues are the two key routes that …
Persistent link: https://www.econbiz.de/10013134532
Cover Image
A Macro Stress Test Model of Credit Risk for the Brazilian Banking Sector
Vazquez, Francisco - 2010
This paper proposes a model to conduct macro stress test of credit risk for the banking system based on scenario analysis. We employ an original bank-level data set that splits bank credit portfolios in 21 granular categories, encompassing household and corporate loans. The results corroborate...
Persistent link: https://www.econbiz.de/10013135507
Cover Image
International Propagation of the Credit Crisis
Brealey, Richard A. - 2012
We use a large sample of non-US banks to examine the propagation of the 2007-2009 crisis. Using both stock market and structural variables we test whether the relative incidence of the crisis was better explained by crisis models or by the VaR-type analysis of the Basel system. Consistent with...
Persistent link: https://www.econbiz.de/10013115487
Cover Image
The Crisis in Context : Democratic Capitalism and Its Contradictions
Streeck, Wolfgang - 2011
credit to private households, and from there to international fiscal diplomacy, it became increasingly insulated against …
Persistent link: https://www.econbiz.de/10013119080
Cover Image
Dodd-Frank, Securitization, and the Subprime Mortgage Crisis
Hoffman, Stephen P. - 2013
There are few things more constant in life than the rise and fall of financial markets. When markets crash, however, we are forced to restore them while learning from our mistakes. In the wake of the recent subprime mortgage crisis, Congress has drastically but deservedly overhauled the...
Persistent link: https://www.econbiz.de/10013090228
Cover Image
Why Did Some Banks Perform Better during the Credit Crisis? A Cross-Country Study of the Impact of Governance and Regulation
Beltratti, Andrea - 2010
Though overall bank performance from July 2007 to December 2008 was the worst since at least the Great Depression, there is significant variation in the cross-section of stock returns of large banks across the world during that period. We use this variation to evaluate the importance of factors...
Persistent link: https://www.econbiz.de/10013152303
Cover Image
The Liquidity Dilemma and the Repo Market : A Two-Step Policy Option to Address the Regulatory Void
Saguato, Paolo - 2018
A repurchase agreement (repo) is the sale of financial assets coupled with a promise to repurchase the same assets at a later date. With similar economic characteristics to secured loans and bank deposits, the repo market is one of the main sources of liquidity for the financial system. Having...
Persistent link: https://www.econbiz.de/10012935843
Cover Image
International Propagation of the Credit Crisis
Brealey, Richard A. - 2018
We use a large sample of non-US banks to examine the propagation of the 2007-2009 crisis. Using both stock market and structural variables we test whether the relative incidence of the crisis was better explained by crisis models or by the VaR-type analysis of the Basel system. Consistent with...
Persistent link: https://www.econbiz.de/10012940271