Narrow search
Showing 1 - 10 of 2,182
Cover Image
CDS central counterparty clearing default measures : road to recovery or invitation to predation?
Tywoniuk, Magdalena - 2020
's default and the ensuing default contagion. In unwinding the defaulter's positions, the CCP faces the price impact of …-mediated contagion and its amplification. A novel spatial measure captures the covariance between members' CDS holdings and the CDS being … predation – minimizing overall CCP and member losses. A dynamic simulation, calibrated to OTC market data, supports these …
Persistent link: https://www.econbiz.de/10012419635
Cover Image
CDS central counterparty clearing liquidation : road to recovery or invitation to predation?
Tywoniuk, Magdalena - 2017
profits, and how predation decreases the profits of all members, pushing banks to default. Furthermore, a hybrid CCP (vs …. current) structure provides a natural disciplinary mechanism for predation. Also, it more incentive compatible for the CCP, in …
Persistent link: https://www.econbiz.de/10011870658
Cover Image
Short-selling ban and cross-sectoral contagion : evidence from the UK
Azhar Mohamad; Jaafar, Aziz; Goddard, John A. - In: The journal of asset management 16 (2015) 7, pp. 484-501
Persistent link: https://www.econbiz.de/10011455743
Cover Image
Financial architecture and financial stability
Allen, Franklin; Walther, Ansgar - In: Annual review of financial economics 13 (2021), pp. 129-151
Persistent link: https://www.econbiz.de/10012612501
Cover Image
Macroprudential policy : experiences of selected Asian countries and, options and challenges for Bangladesh
Uddin, Md. Ala - In: Bank parikrama : a journal of banking & finance : … 42 (2017) 1/2, pp. 34-68
Persistent link: https://www.econbiz.de/10012023595
Cover Image
The interplay between regulations and financial stability
Allen, Franklin; Gu, Xian - In: Journal of financial services research : JFSR 53 (2018) 2/3, pp. 233-248
Persistent link: https://www.econbiz.de/10012023955
Cover Image
Predatory short selling
Brunnermeier, Markus Konrad; Oehmke, Martin - In: Review of finance : journal of the European Finance … 18 (2014) 6, pp. 2153-2195
Persistent link: https://www.econbiz.de/10011287707
Cover Image
Predatory short selling
Brunnermeier, Markus Konrad; Oehmke, Martin - 2013
Persistent link: https://www.econbiz.de/10010200173
Cover Image
Predatory Short Selling
Brunnermeier, Markus K. - 2013
Financial institutions may be vulnerable to predatory short selling. When the stock of a financial institution is shorted aggressively, leverage constraints imposed by short-term creditors can force the institution to liquidate long-term investments at fire sale prices. For financial...
Persistent link: https://www.econbiz.de/10013074650
Cover Image
Predatory Short Selling
Brunnermeier, Markus K. - 2015
Financial institutions may be vulnerable to predatory short selling. When the stock of a financial institution is shorted aggressively, leverage constraints imposed by short-term creditors can force the institution to liquidate long-term investments at fire sale prices. For financial...
Persistent link: https://www.econbiz.de/10013035761