Narrow search
Showing 1 - 10 of 58,794
Cover Image
Banks' foreign claims in the aftermath of the 2008 crisis : institutional response, financial efficiency, and integration of cross-border banking in the Euro area
Warin, Thierry; Stojkov, Aleksandar - In: Journal of risk and financial management : JRFM 14 (2021) 2/61, pp. 1-17
Beyond financial stability as the European Banking Union's primary objective, the European capital market integration provides an impetus for deepening bank integration and greater financial market efficiency. This article proposes an empirical framework to assess the dynamics of euro area...
Persistent link: https://www.econbiz.de/10012483954
Cover Image
Money Markets
Goodfriend, Marvin - In: Annual Review of Financial Economics 3 (2011) 1, pp. 119-137
Money markets offer monetary services and short-term finance in the capital market with the credit support of institutional sponsors. Investors finance money market instruments at low interest because their salability on short notice confers an implicit monetary services yield. Low interest...
Persistent link: https://www.econbiz.de/10010603961
Cover Image
Financial development, interest rate pass-through and interest rate channel of monetary policy
Oyadeyi, Olajide - In: Cogent economics & finance 11 (2023) 1, pp. 1-29
The paper examined the interest rate operations and processes in Nigeria and examined the role of financial development in incentivizing central bank monetary policies from the monetary policy rate to the money market rates, lending rates, and deposit rates. The analysis covered the period from...
Persistent link: https://www.econbiz.de/10014500806
Cover Image
Le futur de la politique monétaire : synthèse de la conférence tenue à Rome le 30 septembre et le 1er octobre 2010.
Clerc, L.; Loisel, O.; Mojon, B.; Ragot, X. - In: Bulletin de la Banque de France (2010) 182, pp. 79-85
La récente crise économique et fi nancière appelle non pas une modification de la stratégie de politique monétaire, mais une meilleure prise en compte des conditions financières et du risque de crise fi nancière dans la mise en oeuvre de cette stratégie : telle semble être la principale...
Persistent link: https://www.econbiz.de/10009150929
Cover Image
The future of monetary policy Summary of the conference held in Rome on 30 September and 1 October 2010.
Clerc, L.; Loisel, O.; Mojon, B.; Ragot, X. - In: Quarterly selection of articles - Bulletin de la Banque …, 20, pp. 85-94
The recent economic and financial crisis does not call for a change in monetary policy strategy, but rather better integration of financial conditions and financial-crisis risks in the implementation of this strategy: this appears to be the main conclusion of a conference organised by the Banque...
Persistent link: https://www.econbiz.de/10009150939
Cover Image
Regulating collateral-requirements when markets are incomplete
Araújo, Aloísio; Kubler, Felix; Schommer, Susan - In: Journal of Economic Theory 147 (2012) 2, pp. 450-476
In this paper we examine the effects of default and collateral on risk sharing. We assume that there is a large set of … agents default, the assets have different payoffs, and there are as many linearly independent assets available for trade as … tradable assets through government intervention. In these examples equilibrium is always sub-optimal but regulation never leads …
Persistent link: https://www.econbiz.de/10011042948
Cover Image
"Did the Basel Accord Cause a Credit Slowdown in Latin America?"
Barajas, Adolfo; Chami, Ralph; Cosimano, Thomas - In: ECONOMIA JOURNAL OF THE LATIN AMERICAN AND CARIBBEAN … (2004)
Drawing from a unique data set comprising 2,893 banks and 152 countries over the period 1987 to 2000, we test whether the adoption of the Basel Accord by Latin American and Caribbean countries was responsible for the serious slowdowns in credit growth experienced by these countries. We find...
Persistent link: https://www.econbiz.de/10009021294
Cover Image
A Proposal on Macro-prudential Regulation
Osorio, Carolina - In: ENSAYOS SOBRE POLÍTICA ECONÓMICA (2011)
, securitization and default is contructed in order to explain the2007-2009 U.S. financial crisis. The equilibrium outcome is … characterized by a contagion phenomenonthat commences with increased default in the mortgage sector, and then spreads to the rest of … (default) losses without taking a toll on the taxpayer; margin requirements prevent excess leverage in the housing and …
Persistent link: https://www.econbiz.de/10010775282
Cover Image
Keynes's theories of money and banking in the Treatise and The General Theory
Smithin, John - In: Review of Keynesian Economics 1 (2013) 2, pp. 242-256
This paper identifies what seem to have been the five main issues in contention in monetary theory, both historically and in the current era, and discusses the view that J.M. Keynes took on each of them in the Treatise on Money and The General Theory. The key issues in monetary theory are the...
Persistent link: https://www.econbiz.de/10010711805
Cover Image
Management of shadow banks for economic and financial stability in South Africa
Ilesanmi, Kehinde Damilola; Tewari, Devi D. - In: Cogent economics & finance 7 (2019) 1, pp. 1-13
The global increase in the regulation of banks has encouraged the channeling of investment funds into less regulated …
Persistent link: https://www.econbiz.de/10012023353