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Banking Regulation and Supervision, and the Output Cost of Systemic Banking Crises in Developed and Emerging Countries

Guerry, Nicolas - 2014

Recessions associated with banking crises are deeper and longer than other recessions. While banking crises are often believed to reflect defects in regulation and supervision, regulatory and supervisory frameworks may also determine the shape of subsequent recoveries. Combining new databases...

Persistent link: https://www.econbiz.de/10013063328

Macroprudential policy : a blessing or a curse?

Popoyan, Lilit - 2016

After the destructive impact of the global financial crisis of 2008, many believe that pre-crisis financial market regulation did not take the "big picture" of the system suffciently into account and, subsequently, financial supervision mainly "missed the forest for the trees". As a result, the...

Persistent link: https://www.econbiz.de/10011477338

Macroprudential Policy : A Blessing or a Curse?

Popoyan, Lilit - 2016

After the destructive impact of the global financial crisis of 2008, many believe that pre-crisis financial market regulation did not take the “big picture” of the system sufficiently into account and, subsequently, financial supervision mainly “missed the forest for the trees”. As a...

Persistent link: https://www.econbiz.de/10012992051

Brož, Václav; Kočenda, Evžen - 2019

We analyze link between mortgage-related regulatory penalties levied on banks and the level of systemic risk in the U …

Persistent link: https://www.econbiz.de/10012061369

Culprits or Bystanders? Offshore Jurisdictions and the Global Financial Crisis

Haberly, Daniel - 2017

Questions have been raised regarding the role of low-tax offshore jurisdictions in the global financial crisis, based largely on evidence that many problematic asset-backed securities were issued from or listed in the Cayman Islands, Jersey, Ireland, and other ‘offshore' sites. However, there...

Persistent link: https://www.econbiz.de/10012967408

The Recourse Rule, Regulatory Arbitrage, and the Financial Crisis

Miller, Stephen Matteo - 2018

In November 2001, bank regulators finalized the so-called Recourse Rule, which lowered risk weights from 1 to 0.5 for A-rated and to 0.2 for AAA- and AA-rated private-label securitization tranches. After the rule change, on average, securitization-active bank holding companies with at least $50...

Persistent link: https://www.econbiz.de/10012932632

The Recourse Rule, Regulatory Arbitrage, and the Financial Crisis

Miller, Stephen Matteo - 2018

In November 2001, regulators finalized the “Recourse Rule.” The rule lowered risk weights, and therefore commercial bank holding company capital requirements, to 0.2 for holdings of AAA- and AA-rated “private label” securitization tranches, created by investment banks and securitizing...

Persistent link: https://www.econbiz.de/10012933310

MBS Ratings and the Mortgage Credit Boom

Ashcraft, Adam B. - 2010

We study credit ratings on subprime and Alt-A mortgage-backed-securities (MBS) deals issued between 2001 and 2007, the … period leading up to the subprime crisis. The fraction of highly rated securities in each deal is decreasing in mortgage … standards around the MBS market peak between the start of 2005 and mid-2007. Conditional on initial ratings, we observe …

Persistent link: https://www.econbiz.de/10013143047

MBS ratings and the mortgage credit boom

Ashcraft, Adam B.; Goldsmith-Pinkham, Paul; Vickery, James - 2010

Persistent link: https://www.econbiz.de/10008657284

Survival of the Biggest : Large Banks and Crises since 1870

Baron, Matthew; Schularick, Moritz; Zimmermann, Kaspar - 2022

This paper studies a newly compiled data set of annual balance sheets of more than 11,000 commercial banks across 17 advanced economies since 1870. The new data expose the central role of large banks for credit cycles and financial instability throughout modern financial history and the...

Persistent link: https://www.econbiz.de/10013492660