Showing 1 - 10 of 4,413
This paper analyzes the evolution of monetary policy in Russia, focusing on the period January 1992-December 1995 …
Persistent link: https://www.econbiz.de/10012781560
channel in China while also taking into account the role of bank ownership. The implementation of Chinese monetary policy is … of 170 Chinese banks for the period 2004–2013, we analyze the reaction of loan supply to changes in reserve requirements … changes in reserve requirements influence loan growth of banks. The same findings hold true for other monetary policy …
Persistent link: https://www.econbiz.de/10012902901
that meeting. The discussion was organized around four broad topics: international banks, new liquidity rules and monetary … intervention for central bank balance sheets; and additional supporting policies that central banks can use to address the policy … introduces an additional dimension - the evaluation of financial stability risks - to the objectives of central banks. Monetary …
Persistent link: https://www.econbiz.de/10013067067
The determinants of default risk of banks in emerging economies have so far received inadequate attention in the … the economy. Public sector banks have shown significant performance in containing bad debts. Private banks have continued … banks, apart from other accepted determinants of profitability, asset size has no significant impact on profitability. …
Persistent link: https://www.econbiz.de/10010507831
We show that nonbanks (funds, shadow banks, fintech) affect the transmission of monetary policy to output, prices and …, borrowerlender relationships and Gertler-Karadi monetary policy shocks. Higher policy rates shift credit supply from banks to …
Persistent link: https://www.econbiz.de/10013259697
This work examines the impacts which the Covid-19 pandemic brought to the stability of the European financial sector. Lockdowns, businesses unable to operate and uncertainty about how the pandemic would evolve fueled a sharp recession. From the lessons learned in the global financial crises and...
Persistent link: https://www.econbiz.de/10013188926
This paper studies the extent to which monetary policy may affect banks' perception of credit risk and the way banks … indicators on banks' risk weights for credit risk. We present robust evidence of the existence of the risk-taking channel in the … possible side-effects of monetary policy on how banks measure risk. …
Persistent link: https://www.econbiz.de/10011786136
Macroprudential policies since the global financial crisis have been central to safeguarding financial stability. Despite the increasing use of multiple policy instruments, a detailed understanding of interactions among them is still needed to assess how instrument combinations can enhance the...
Persistent link: https://www.econbiz.de/10014233596
dollar credit supply to non-US firms (relative to banks), mitigating the dollar credit reduction. This increase is stronger … funding, relative to banks. In sum, despite increased risk-taking by less regulated and more fragile nonbanks (relative to … banks), access to nonbank credit reduces the volatility in capital flows-and associated economic activity-stemming from US …
Persistent link: https://www.econbiz.de/10014335622
In recent years, monetary policy and inflation considerations have been playing an increasingly important role for macroprudential authorities in their policy setting. This paper aims to assess the implications of high inflation and rising interest rates for macroprudential policy stance. The...
Persistent link: https://www.econbiz.de/10015084468