the change in eligibility criteria for collateral in central bank refinancing operations. Our results show that market … observe a broad-based flight to liquidity. The European Central Bank's unconventional monetary policy had a strong impact on …

This paper seeks to add to the current debate about financial development and growth in the emerging world by looking … may be more fruitful for today's emerging world to concentrate more on addressing the needs of savers and borrowers in … each individual system. A major lesson for the emerging world from past financial development is that there are risks …

This paper seeks to add to the current debate about financial development and growth in the emerging world by looking … may be more fruitful for today's emerging world to concentrate more on addressing the needs of savers and borrowers in … each individual system. A major lesson for the emerging world from past financial development is that there are risks …

this paper, we use a regime-switching open-economy DSGE model with bank default and bank-government linkages to assess the …

. In this paper, we use a regime-switching open-economy DSGE model with bank default to assess the relative efficiency of … can complement each other and that EDIS can prevent bank runs under certain conditions. …

We examine the influence of economic policy uncertainty on bank stability post-2007-2008 global financial crisis. We … observations for US commercial banks over the period from 2011Q1 to 2020Q3 and find consistent and robust evidence that bank … indicates that the decrease in bank stability not only originates from borrowers’ and customers’ conditions but also from a …

shock caused by a large-bank failure in conjunction with detailed data on interbank exposures. First, we find robust … evidence that higher interbank exposure to the failed bank leads to large deposit withdrawals. Second, the magnitude of …-prudential analysis ; deposit insurance ; interbank market ; wholesale depositors ; bank runs ; banking crisis ; liquidity dry-ups …