Showing 1 - 10 of 56
Persistent link: https://www.econbiz.de/10001973180
This paper presents the analysis underpinning the ESRB Recommendation on guidance on setting countercyclical buffer rates (ESRB 2014/1). The Recommendation is designed to help authorities tasked with setting the countercyclical capital buffer (CCB) to operationalise this new macroprudential...
Persistent link: https://www.econbiz.de/10011984876
Existing stress tests do not capture feedback loops between individual institutions and the financial system. To identify feedback loops, the European Systemic Risk Board has developed macroprudential surveys that ask banks and insurers how they would behave in a macroeconomic stress scenario....
Persistent link: https://www.econbiz.de/10011984886
This article reviews developments in sterling financial markets, including the Bank’s official operations, between the 2012 Q1 Quarterly Bulletin and 31 May 2012. The article also summarises market intelligence on selected topical issues relating to market functioning.
Persistent link: https://www.econbiz.de/10010839059
Because of the difficulty in measuring investment in intangible assets and frequent data revisions, estimates based on National Accounts investment data provide an imperfect measure of the capital stock. Following the influential work by Robert Hall for the United States, this paper provides an...
Persistent link: https://www.econbiz.de/10005734865
This article reviews developments in global financial markets since the 2009 Q2 Quarterly Bulletin up to end-August 2009. The article also reviews the Bank’s official operations.
Persistent link: https://www.econbiz.de/10008477122
To match the stylised facts of goods and labour markets, the canonical New Keynesian model augments the optimising neoclassical growth model with nominal and real rigidities. We ask what the implications of this type of model are for asset prices. Using a second-order numerical solution to the...
Persistent link: https://www.econbiz.de/10005132631
To match the stylised facts of goods and labour markets, the canonical New Keynesian model augments the optimising neoclassical growth model with nominal and real rigidities. We ask what the implications of this type of model are for asset prices. Using a second-order approximation, we examine...
Persistent link: https://www.econbiz.de/10005245756
This article reviews developments in sterling financial markets, including the Bank’s official operations, between the 2011 Q4 Quarterly Bulletin and 9 March 2012. The article also summarises market intelligence on selected topical issues relating to market functioning.
Persistent link: https://www.econbiz.de/10010539745
The Bank of England introduced the Special Liquidity Scheme (SLS) in April 2008 to improve the liquidity position of the UK banking system. It did so by helping banks finance assets that had got stuck on their balance sheets following the closure of some asset-backed securities markets from 2007...
Persistent link: https://www.econbiz.de/10010539747