Understanding the Financial Crisis: Origin and Impact
... one item is only purchased with another; the items are referred to as complementary goods. ...
... one item is only purchased with another; the items are referred to as complementary goods. ...
Sony illustrates risks facing Japanese consumer electronics industry
... PBOC pumps record liquidity into market Nov 2. The People’s Bank of China (PBOC) injected a record-high CNY 379bn into the market through a series of reverse repurchase agreement operations (repos). The overnight and one-week Shibor has increased, suggesting short-term liquidity is tight in the mone ...
... PBOC pumps record liquidity into market Nov 2. The People’s Bank of China (PBOC) injected a record-high CNY 379bn into the market through a series of reverse repurchase agreement operations (repos). The overnight and one-week Shibor has increased, suggesting short-term liquidity is tight in the mone ...
Annex A4.12 - National Balance Sheet Accounts in Israel
... Sources and Methods • Deposit Money Corporations – the main source is the Central Bank, Supervisor of banks, and some details are collected directly from the large banks. • Pension and Provident Funds and Insurance Corporations – the source is the report of Capital Market of the Insurance and Savin ...
... Sources and Methods • Deposit Money Corporations – the main source is the Central Bank, Supervisor of banks, and some details are collected directly from the large banks. • Pension and Provident Funds and Insurance Corporations – the source is the report of Capital Market of the Insurance and Savin ...
macroprudential regulation – the missing policy pillar
... (the time series dimension) – increasing risk weights for risks that are common across institutions rather than idiosyncratic (the cross section dimension) ...
... (the time series dimension) – increasing risk weights for risks that are common across institutions rather than idiosyncratic (the cross section dimension) ...
Key Role of Financial Sector in Economic Growth
... flat in Bosnia, and growing modestly in Macedonia, Albania and Kosovo. ...
... flat in Bosnia, and growing modestly in Macedonia, Albania and Kosovo. ...
The Case for Preserving Regulatory Distinctions
... that argument was discredited on both theoretical and empirical grounds. Anyway, it was alleged, deposit insurance by itself had motivated the 1930s legislation, so that interest regulation was redundant. the combination of unregulated deposit interest and deposit insurance does enable depositories ...
... that argument was discredited on both theoretical and empirical grounds. Anyway, it was alleged, deposit insurance by itself had motivated the 1930s legislation, so that interest regulation was redundant. the combination of unregulated deposit interest and deposit insurance does enable depositories ...
The Atlantic, May 2009
... Typically, these countries are in a desperate economic situation for one simple reason—the powerful elites within them overreached in good times and took too many risks. Emerging-market governments and their private-sector allies commonly form a tight-knit—and, most of the time, genteel— oligarchy, ...
... Typically, these countries are in a desperate economic situation for one simple reason—the powerful elites within them overreached in good times and took too many risks. Emerging-market governments and their private-sector allies commonly form a tight-knit—and, most of the time, genteel— oligarchy, ...
The Investment Environment
... checking accounts, savings accounts, money market accounts and accepts time deposits. They also facilitate payments by way of telegraphic transfer, electronic funds transfer, internet banking, or other means. They make loans to businesses and consumers. They also buy corporate and government bon ...
... checking accounts, savings accounts, money market accounts and accepts time deposits. They also facilitate payments by way of telegraphic transfer, electronic funds transfer, internet banking, or other means. They make loans to businesses and consumers. They also buy corporate and government bon ...
Y Regulating Ele ctronic Money •
... interest. We could envisage proposals in the near future that issuers of electronic payment obligations, such as stored-value cards or "digital cash," set up specialized issuing corporations with strong balance sheets and public credit ratings. Such structures have been common in other areas, for ex ...
... interest. We could envisage proposals in the near future that issuers of electronic payment obligations, such as stored-value cards or "digital cash," set up specialized issuing corporations with strong balance sheets and public credit ratings. Such structures have been common in other areas, for ex ...
Christian Noyer: Publication of Bank of France`s Financial Stability
... between financial institutions in hiring staff creates a coordination problem and leads to many excesses, acknowledged by the institutions themselves. Compensation policies should therefore be guided by clear and internationally agreed rules covering: (i) the involvement of senior management in trad ...
... between financial institutions in hiring staff creates a coordination problem and leads to many excesses, acknowledged by the institutions themselves. Compensation policies should therefore be guided by clear and internationally agreed rules covering: (i) the involvement of senior management in trad ...
International Finance and India
... sensitive sectors such as real estate and stock markets, ability to increase exposure to particular sectors and individual clients, freedom to expand exposure to retail credit markets for purchases of housing, automobiles and durables, and increased regulatory forbearance all lead to increased insta ...
... sensitive sectors such as real estate and stock markets, ability to increase exposure to particular sectors and individual clients, freedom to expand exposure to retail credit markets for purchases of housing, automobiles and durables, and increased regulatory forbearance all lead to increased insta ...
The “Banks” We Do Need - Federal Reserve Bank of Minneapolis
... services with far less potential for crises. We discuss such alternatives later in this paper. We now examine the possible social benefits of a financial system in which illiquid assets with volatile values are funded by demand deposits and short-term debt. This cost-benefit analysis facilitates the ...
... services with far less potential for crises. We discuss such alternatives later in this paper. We now examine the possible social benefits of a financial system in which illiquid assets with volatile values are funded by demand deposits and short-term debt. This cost-benefit analysis facilitates the ...
N In Defense of Doing Nothing JEFFREY MIRON
... By 2003–2004, therefore, federal policies were generating strong incentives to extend mortgages to borrowers with poor credit characteristics. Financial institutions responded and created huge quantities of assets based on risky mortgage debt. This expansion of risky credit was especially problemati ...
... By 2003–2004, therefore, federal policies were generating strong incentives to extend mortgages to borrowers with poor credit characteristics. Financial institutions responded and created huge quantities of assets based on risky mortgage debt. This expansion of risky credit was especially problemati ...
Opening Statement - Department of Finance ( 4 June 2014)
... We will also be pointing to continuing developments in the United States where the Securities and Exchange Commission is advanced in its deliberations on how best to approach the regulation of Money Market Funds. It is looking at several different approaches but has already made clear that it sees c ...
... We will also be pointing to continuing developments in the United States where the Securities and Exchange Commission is advanced in its deliberations on how best to approach the regulation of Money Market Funds. It is looking at several different approaches but has already made clear that it sees c ...
Mosler Levy Draft
... • My preference is to set all risk free rates at 0, permanently. • This minimizes cost pressures on output, including investment. • It also minimizes rentier incomes, thereby encouraging higher labor force participation and increased real output. ...
... • My preference is to set all risk free rates at 0, permanently. • This minimizes cost pressures on output, including investment. • It also minimizes rentier incomes, thereby encouraging higher labor force participation and increased real output. ...
Week 2: Information Risk and Corporate Governance
... Systemic risk, also called market risk or un-diversifiable risk, is a risk of security that cannot be reduced through diversification. One of the main reasons for regulation in the marketplace is to reduce systemic risk. However, regulation arbitrage - the transfer of commerce from a regulated secto ...
... Systemic risk, also called market risk or un-diversifiable risk, is a risk of security that cannot be reduced through diversification. One of the main reasons for regulation in the marketplace is to reduce systemic risk. However, regulation arbitrage - the transfer of commerce from a regulated secto ...
Bank of England Quarterly Bulletin 2009 Q3
... On the macroeconomic outlook and bank lending he said the medium-term outlook remains ‘highly uncertain’. He noted that for the moment it is unclear as to whether the financial system can generate the expansion of credit that will most likely be necessary to support recovery. He warned against the r ...
... On the macroeconomic outlook and bank lending he said the medium-term outlook remains ‘highly uncertain’. He noted that for the moment it is unclear as to whether the financial system can generate the expansion of credit that will most likely be necessary to support recovery. He warned against the r ...
PRESS RELEASE African mining prospects remain intact despite
... been a cyclical industry and Standard Bank is of the view that what we are currently experiencing is a cyclical correction, we’re either at the bottom of the cycle or very close to the bottom,” said Mr Kohli. Financing challenges have also arisen, especially for mid-tier and junior miners. Public eq ...
... been a cyclical industry and Standard Bank is of the view that what we are currently experiencing is a cyclical correction, we’re either at the bottom of the cycle or very close to the bottom,” said Mr Kohli. Financing challenges have also arisen, especially for mid-tier and junior miners. Public eq ...
M&B-Ch.1
... focus on monetary issues of the economy. Chapter 1 provides an overview of the topics that will be covered in later chapters. We study money, banking, and financial Markets 1. To examine the role of money in the economy 2. To examine how financial institutions such as banks and insurance compani ...
... focus on monetary issues of the economy. Chapter 1 provides an overview of the topics that will be covered in later chapters. We study money, banking, and financial Markets 1. To examine the role of money in the economy 2. To examine how financial institutions such as banks and insurance compani ...
