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The recent financial crisis has demonstrated that a failure of Systemically Important Financial Institutions (SIFIs) could seriously damage the stability of the financial system. A precise and consistent definition of a SIFI is pivotal to ensure efficient and effective regulation of the global...
Persistent link: https://www.econbiz.de/10011541382
The financial crisis has revealed fatal institutional and structural deficits at the finance market. Politics has reacted to the financial crisis with a sea of legal bills and regulations. But all regulating efforts are merely system-imminent reparation measures and do not solve the core...
Persistent link: https://www.econbiz.de/10013120383
This paper investigates the nexus between bank-based financial inclusion and asset quality of 43 Banks in Kenya using … growth in outstanding bank credit, deposit growth and asset quality, we find that lagged credit growth has a positive …
Persistent link: https://www.econbiz.de/10012801664
We propose a credit portfolio approach for evaluating systemic risk and attributing it across institutions. We construct a model that can be estimated from high-frequency CDS data. This captures risks from privately held institutions and cooperative banks, extending approaches that rely on...
Persistent link: https://www.econbiz.de/10013202709
This paper analyses the systemic risk in relation to bank lending for Asian economies. The methodology complements … collect. Loan loss provisions of banks are decomposed into (i) a prediction component that is based on observable bank … characteristics, and (ii) two frailty components: a bank-specific systematic factor based on the assumption that a bank's asset …
Persistent link: https://www.econbiz.de/10013405820
We propose a credit portfolio approach for evaluating systemic risk and attributing it across institutions. We construct a model that can be estimated from high-frequency CDS data. This captures risks from publicly traded banks, privately held institutions, and coöperative banks, extending...
Persistent link: https://www.econbiz.de/10014280065
finance and a smaller share of them uses bank loans, although there is the same level of demand as in other countries, thus …
Persistent link: https://www.econbiz.de/10013129169
development indices from the World Bank's Financial Development and Structure database, to test for financial system convergence …
Persistent link: https://www.econbiz.de/10013134631
It is high time we rediscovered the role of the financial cycle in macroeconomics. In the environment that has prevailed for at least three decades now, it is not possible to understand business fluctuations and the corresponding analytical and policy challenges without understanding the...
Persistent link: https://www.econbiz.de/10013064801
Firms in the financial services industry have been faced with the dramatic and relatively recent emergence of new technology innovations, and process disruptions. The industry as a whole, and many new fintech start-ups are looking for new pathways to successful business models, the creation of...
Persistent link: https://www.econbiz.de/10012917586