Showing 1 - 10 of 52,835
regulating the banking system, in particular for liquidity and capital holdings. Within the context of a micro … macroeconomic shocks alongside shocks to the expected liquidity of banks and to the efficiency of the banking sector. We focus on … business cycle. Overall we find some rationale for Basel III in providing commercial banks with an incentive to hold a greater …
Persistent link: https://www.econbiz.de/10010599711
regulating the banking system, in particular for liquidity and capital holdings. Within the context of a micro … macroeconomic shocks alongside shocks to the expected liquidity of banks and to the efficiency of the banking sector. We focus on … business cycle. Overall we find some rationale for Basel III in providing commercial banks with an incentive to hold a greater …
Persistent link: https://www.econbiz.de/10009003066
regulating the banking system, in particular for liquidity and capital holdings. Within the context of a micro … standard macroeconomic shocks alongside shocks to the expected liquidity of banks and to the efficiency of the banking sector … banks. Overall we find some rationale for Basel III in providing commercial banks with an incentive to hold liquid assets …
Persistent link: https://www.econbiz.de/10009003732
The Federal Reserve responded to the global financial crisis by initiating an unprecedented expansion of central bank money (bank reserves) once the policy rate had reached the lower bound. To capture the salient features of the crisis, we develop a model where the central bank can provide...
Persistent link: https://www.econbiz.de/10012271563
struggling to escape liquidity quicksands and stubbornly low or negative growth and employment trends. At the center of the … monetary policy pivot point. Since November 2011, the ECB has taken on an arguably activist liquidity-provider role relative to … integration. In December 2011, the ECB made clear its intention to inject massive liquidity when faced with crises of scale in …
Persistent link: https://www.econbiz.de/10009652087
struggling to escape liquidity quicksands and stubbornly low or negative growth and employment trends. At the center of the … monetary policy pivot point. Since November 2011, the ECB has taken on an arguably activist liquidity-provider role relative to … integration. In December 2011, the ECB made clear its intention to inject massive liquidity when faced with crises of scale in …
Persistent link: https://www.econbiz.de/10010286538
What instruments of monetary policy must be used in order to implement a unique equilibrium? This paper revisits the issues addressed by Poole (1970) and Sargent and Wallace (1975) on the multiplicity of equilibria when policy is conducted with either interest rate or money supply rules. We show...
Persistent link: https://www.econbiz.de/10005069536
role for most financial intermediations, collateral, liquidity or money. Yet default (especially of banks, the key …
Persistent link: https://www.econbiz.de/10011117764
such as liquidity and saving are explored. We conclude with a look at some of the new innovations in finance, and at the …
Persistent link: https://www.econbiz.de/10008854453
such as liquidity and saving are explored. We conclude with a look at some of the new innovations in finance, and at the …
Persistent link: https://www.econbiz.de/10010281714