Showing 1 - 10 of 14,754
-billion dollar bailout brokered at the offices of the New York Federal Reserve Bank. This article situates that financial volatility …
Persistent link: https://www.econbiz.de/10014055934
two of the article analyzes the relationship between central bank autonomy, another institutional pillar of the new world …
Persistent link: https://www.econbiz.de/10014055937
-of-second-to-last-resort". Using daily supervisory bank balance sheet information, we find that U.S. GSIBs modestly increase their dollar liquidity … broker-dealer subsidiaries within the same bank holding company are crucial to this type of "reserve-draining" intermediation …
Persistent link: https://www.econbiz.de/10014048828
This paper explains the nature of interest rates in the U.S. federal funds market after the 2007-09 financial crisis. We build a model of the over-the-counter lending market that incorporates new aspects of the financial system: abundance of liquidity, different regulatory standards for banks,...
Persistent link: https://www.econbiz.de/10013466133
Persistent link: https://www.econbiz.de/10000678414
regulation may interfere with the central bank's influence on short-term money market rates. This paper tries to fill the gap in … crisis, recent advances in global liquidity regulation try to curb the excessive reliance on short-term wholesale funding … understanding the interaction between the money market, the central bank, and the regulator. Importantly, it shows that the …
Persistent link: https://www.econbiz.de/10010342820
The global governance of large corporations or corporate governmentality changed over time through the penetration of the economy in all aspects of society but which has shaped the monetary system as an integral part of corporate governmentality and which gave it a big push in the last forty...
Persistent link: https://www.econbiz.de/10012992343
argued that the central bank can influence the long-term interest rate on government bonds and the shape of the yield curve … about the future reinforce the effects of the short-term interest rate and the central bank's monetary policy actions on the …
Persistent link: https://www.econbiz.de/10012317613
Macroprudential policies are often aimed at the traditional banking sector while nondepository financial institutions or shadow banks have limited or no prudential regulations. This paper studies the macroeconomic impact of household-side macroprudential tightening in the presence of unregulated...
Persistent link: https://www.econbiz.de/10013264902
This paper explores the interface between central banks and cryptocurrencies. Focusing on the European Central Bank … Central Bank Digital Currency (CBDC). Regarding legal measures, central banks could envisage regulating cryptocurrencies …
Persistent link: https://www.econbiz.de/10012866515