This is a analysis of relationship between the Central Bank of Sir Lanka and the Sri lankan Government. It views the relationship in context of emerging economic environment and global economy.

This study examines the impact of credit and market risks in the wake of the 2008 financial crisis. In the seven-year period before the collapse of the housing market in 2007, credit risk premiums rose steadily in an apparent reflection of the mounting household debt. However, the equity market...

This paper empirically examines the development and determinants of the liquidity position in the financial sector during the recent financial crisis in the Baltic-Scandinavian region. We look at fiscal and monetary policy implications of liquidity problems arising in the crisis. The results are...

The dollar has proved remarkably stable during the financial crisis despite a persistent US current account deficit. Nevertheless global imbalances may have played a role in the financial turmoil by explaining why long-term interest rates have remained low for a prolonged period fueling then...

This paper provides an in depth microstructure analysis of the euro money market by taking a network perspective. Banks are the nodes of the networks; unsecured overnight loans form the links connecting the nodes. Daily interbank networks verify the same stylised facts documented for many real...

This paper examines government policies aimed at rescuing banks from the effects of the financial crisis of 2008-2009. Governments responded to the crisis by guaranteeing bank assets and liabilities and by injecting fresh capital into troubled institutions. We employ event study methodology to...

This paper presents an in-depth analysis of developments in the microfinance sector before and after the Lehman Brothers collapse in 2008 by comparing them with developments in traditional banking sectors of emerging market economies and developing countries. The findings indicate that...

Проаналізовано теоретичні аспекти моделей фінансових криз першого, другого та третього покоління та можливості їх застосування для пояснення логіки...