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headlines since 2010. Events now known as banking or government debt crises often have had elements of both, and could have gone … banking crises as banks were for resolving sovereign debt crises. As capital movements have become more rapid and global, the …
Persistent link: https://www.econbiz.de/10013074254
This paper explores the determinants of profitability across large euro area banks using a novel approach based on conditional profitability distributions. Real GDP growth and the NPL ratio are shown to be the most reliable determinants of bank profitability. However, the estimated conditional...
Persistent link: https://www.econbiz.de/10012843521
at an all inclusive legal and or economic analysis of all tasks that are or odd to be associated with central banking …
Persistent link: https://www.econbiz.de/10013131590
opt-in regulatory mechanism for overdraft fees of the general type adopted by the Federal Reserve in its Final Rules …
Persistent link: https://www.econbiz.de/10013116560
domestic and international regulatory reforms to the $639 trillion over-the-counter (OTC) derivative markets. These reforms …
Persistent link: https://www.econbiz.de/10013081882
law approaches are likely ineffective in enforcing the regulatory disciplines required to ensure economic stability …
Persistent link: https://www.econbiz.de/10013085690
This paper discusses operational issues for countries that want to reform their monetary policy frameworks. It argues that stabilizing short-term interest rates on a day-to-day basis has significant advantages, and thus that short-term interest rates, not reserve money, in most cases should be...
Persistent link: https://www.econbiz.de/10012840604
. These private financial institutions are subject to highly sophisticated public regulatory frameworks designed, in part, to … enhance the credibility of these promises. These regulatory frameworks thus give banks and money market funds an enormous … regulation. This paper represents the first comprehensive examination of the antiquated patchwork of state regulatory frameworks …
Persistent link: https://www.econbiz.de/10012842240
Effective risk management at central banks is best enabled by a sound framework embedded throughout the organization that supports the design and execution of risk management activities. To evaluate the risk management practices at a central bank, the Safeguards Assessments Division of the IMF's...
Persistent link: https://www.econbiz.de/10012843293
political process. To address these problems, the paper suggests reforms across three divides: cultural, regulatory, and …
Persistent link: https://www.econbiz.de/10012844624