Money in the equilibrium of banking
... stabilizing the price level. However, in both perspectives banks essentially do nothing more than passively transmitting money into the real economy. The contribution of this paper is to capture both perspectives in one framework, analyzing the impact of banks’ strategies on money demand, inflation, ...
... stabilizing the price level. However, in both perspectives banks essentially do nothing more than passively transmitting money into the real economy. The contribution of this paper is to capture both perspectives in one framework, analyzing the impact of banks’ strategies on money demand, inflation, ...
Volume 72 No. 1, March 2009 Contents
... a slowdown in the economy, and billions of dollars of losses for banks. Compared to the US, New Zealand had a faster build-up of ...
... a slowdown in the economy, and billions of dollars of losses for banks. Compared to the US, New Zealand had a faster build-up of ...
econ stor www.econstor.eu
... developed new approaches and took untraditional measures to contain the crisis. As policy rates approached the lower bound, they increasingly viewed balance sheet operations as a supplementary policy tool. The Federal Reserve decision to pay interest on reserves in October 2008 paved the way for a m ...
... developed new approaches and took untraditional measures to contain the crisis. As policy rates approached the lower bound, they increasingly viewed balance sheet operations as a supplementary policy tool. The Federal Reserve decision to pay interest on reserves in October 2008 paved the way for a m ...
Bank Ownership: Trends and Implications, WP/17/60, March
... affected countries repatriated their funds from abroad to make up for capital losses and to meet higher capital requirements that were imposed on them. In contrast, South-South cross-border investments in banking not only held up during the GFC, but grew subsequently. Banks from non-OECD countries ...
... affected countries repatriated their funds from abroad to make up for capital losses and to meet higher capital requirements that were imposed on them. In contrast, South-South cross-border investments in banking not only held up during the GFC, but grew subsequently. Banks from non-OECD countries ...
Research Report The Bank of North Dakota: New England Public Policy Center
... North Dakota for much of its lending. Community banks originate the loans, and BND either participates in the loans or purchases them from the originators. The existence of BND likely enhances the viability of small banks in North Dakota. By partnering with BND, they can make loans that exceed their ...
... North Dakota for much of its lending. Community banks originate the loans, and BND either participates in the loans or purchases them from the originators. The existence of BND likely enhances the viability of small banks in North Dakota. By partnering with BND, they can make loans that exceed their ...
Leading indicators of distress in Danish banks in the period 2008-12
... Affairs (1995). One important difference between the crises in 1987-93 and 2008-09 is that the liquidity position of the banks has been a significant factor during this crisis but not during the previous crisis. This difference is due to the shift in the bank funding structure round about the millen ...
... Affairs (1995). One important difference between the crises in 1987-93 and 2008-09 is that the liquidity position of the banks has been a significant factor during this crisis but not during the previous crisis. This difference is due to the shift in the bank funding structure round about the millen ...
An Overlooked Central Bank Rescue: How the Bank of
... conditions do crises end, when does a rescue plan crystallize, and how does a rescue happen? We examine a successful rescue operation in the worst pre-Federal Reserve financial crisis, the Panic of 1907, with these questions in mind. Received tradition ascribes the resolution of the crisis to a seri ...
... conditions do crises end, when does a rescue plan crystallize, and how does a rescue happen? We examine a successful rescue operation in the worst pre-Federal Reserve financial crisis, the Panic of 1907, with these questions in mind. Received tradition ascribes the resolution of the crisis to a seri ...
Financial Stability Report May 2011 Contents
... Stability Reports twice a year. These documents must financial system. report on the soundness and efficiency of the financial Despite a number of technical incidents that have sector and the measures undertaken by the Reserve Bank disrupted the normal operation of some systems, New to achieve its s ...
... Stability Reports twice a year. These documents must financial system. report on the soundness and efficiency of the financial Despite a number of technical incidents that have sector and the measures undertaken by the Reserve Bank disrupted the normal operation of some systems, New to achieve its s ...
The private value of too-big-to-fail guarantees
... alternative explanations for mergers between banks. To correct for these effects, these studies add proxies of bank riskiness as controls. A second way to address this issue is by identifying mergers below and above a particular too-big-to-fail level. Of course, the problem here is to identify what ...
... alternative explanations for mergers between banks. To correct for these effects, these studies add proxies of bank riskiness as controls. A second way to address this issue is by identifying mergers below and above a particular too-big-to-fail level. Of course, the problem here is to identify what ...
Bank Capital and Aggregate Credit
... 5 To focus on market forces, we do not consider deposit insurance. 2 See ...
... 5 To focus on market forces, we do not consider deposit insurance. 2 See ...
The Determinants of the Bank`s Excess Liquidity and the Credit Crisis
... granting of medium and long term loans. They must be prepared to meet their withdrawals of deposits at any moment of time. In order to do so, banks hold two types of reserves: required reserves, imposed by the central bank; and excess reserves, demanded by precautionary reasons. Holding reserves ent ...
... granting of medium and long term loans. They must be prepared to meet their withdrawals of deposits at any moment of time. In order to do so, banks hold two types of reserves: required reserves, imposed by the central bank; and excess reserves, demanded by precautionary reasons. Holding reserves ent ...
The Canadian Payments System: Recent Developments in Structure
... prudential liquidity requirements set by the authorities. Hence, they are virtually costless from the participants' perspective. In other cases, however, the securities needed could be in excess of those held for liquidity purposes, or the authorities may not permit securities held for liquidity pur ...
... prudential liquidity requirements set by the authorities. Hence, they are virtually costless from the participants' perspective. In other cases, however, the securities needed could be in excess of those held for liquidity purposes, or the authorities may not permit securities held for liquidity pur ...
political influence on bank credit allocation: bank capital responses
... by such lending even though it makes bank performance worse. On the other hand, political motives may be driven more by the self-interest of politicians than by social welfare. The rest of the paper is organized as follows. Section II reviews the literature on political influence, lending, and bank ...
... by such lending even though it makes bank performance worse. On the other hand, political motives may be driven more by the self-interest of politicians than by social welfare. The rest of the paper is organized as follows. Section II reviews the literature on political influence, lending, and bank ...
Does the Market Discipline Banks? New Evidence from
... Evanoff (2000) have proposed adding a mandatory subordinated debt requirement to the current risk‐based capital regime, where institutions regularly roll over short‐term debt. The potential for market discipline created by subordinated debt has also been considered extensively in a Staff Study (1 ...
... Evanoff (2000) have proposed adding a mandatory subordinated debt requirement to the current risk‐based capital regime, where institutions regularly roll over short‐term debt. The potential for market discipline created by subordinated debt has also been considered extensively in a Staff Study (1 ...
Capital regulation in a macroeconomic model with three layers of
... Three main results stand out in our analysis. First, in the context of our model, there is generally an optimal level of capital requirements. In effect, capital requirements reduce bank leverage, bank failure risk and the implicit subsidies associated with deposit insurance. Simultaneously, they for ...
... Three main results stand out in our analysis. First, in the context of our model, there is generally an optimal level of capital requirements. In effect, capital requirements reduce bank leverage, bank failure risk and the implicit subsidies associated with deposit insurance. Simultaneously, they for ...
Fitch ratings: ING Bank NV Full rating report
... completed for ING Bank. ING Bank‟s 2017 strategic plan considers an annual growth for the bank‟s balance sheet of 3% and customer lending of 4%; when compared with 1%-2% GDP expected annual growth in the bank‟s main markets, this is not overly aggressive and, if the economy plunged back into recessi ...
... completed for ING Bank. ING Bank‟s 2017 strategic plan considers an annual growth for the bank‟s balance sheet of 3% and customer lending of 4%; when compared with 1%-2% GDP expected annual growth in the bank‟s main markets, this is not overly aggressive and, if the economy plunged back into recessi ...
Open Bank Resolution (OBR) Pre-positioning Requirements Policy
... solution, and illustrates that it meets the pre-positioning requirements: (i) prepositioning for the appointment of a statutory manager at any time of the day and any day of the week and closing access channels; (ii) pre-positioning for customer accounts and determining the customer liability accoun ...
... solution, and illustrates that it meets the pre-positioning requirements: (i) prepositioning for the appointment of a statutory manager at any time of the day and any day of the week and closing access channels; (ii) pre-positioning for customer accounts and determining the customer liability accoun ...
Risk Incentives in an Interbank Network
... I study conventional regulatory measures in the spirit of existing regulation of the banking sector (the Basel framework). When choosing their lending and borrowing strategies, banks face two regulatory constraints: a capital adequacy ratio (or leverage constraint) and a liquidity requirement. Both ...
... I study conventional regulatory measures in the spirit of existing regulation of the banking sector (the Basel framework). When choosing their lending and borrowing strategies, banks face two regulatory constraints: a capital adequacy ratio (or leverage constraint) and a liquidity requirement. Both ...
Bank`s financial market operations and liquidity
... signal of the Bank’s resolve to reinforce its target for the overnight rate. The LVTS is a closed system, which means that the net overall cash position of the entire system should generally be zero. Hence, any LVTS participant with a deficit position knows that there is at least one participant in ...
... signal of the Bank’s resolve to reinforce its target for the overnight rate. The LVTS is a closed system, which means that the net overall cash position of the entire system should generally be zero. Hence, any LVTS participant with a deficit position knows that there is at least one participant in ...
Banking Crises and the Rules of the Game
... When defining banking crises it is important to distinguish between two different aspects of banking crises – waves of bank insolvency (episodes in which bank losses result in many failed banks), and banking panics (moments in which the banking system as a whole suffers from sudden, large withdrawal ...
... When defining banking crises it is important to distinguish between two different aspects of banking crises – waves of bank insolvency (episodes in which bank losses result in many failed banks), and banking panics (moments in which the banking system as a whole suffers from sudden, large withdrawal ...
Present Bank Regulation in Burma
... The availability and access to finance can be a crucial influence on the economic entitlements that economic agents are practically able to secure. This applies all the ...
... The availability and access to finance can be a crucial influence on the economic entitlements that economic agents are practically able to secure. This applies all the ...
The Effects of Bank Market Power in Short-Term and Long
... likelihood of bank branches providing bank credit. This result confirms that the nonmonotonic effect of market concentration is robust to controlling for the presence of local credit markets for banks with multiple contacts. Presbitero and Zazzaro (2011) extend their analysis by suggesting that thi ...
... likelihood of bank branches providing bank credit. This result confirms that the nonmonotonic effect of market concentration is robust to controlling for the presence of local credit markets for banks with multiple contacts. Presbitero and Zazzaro (2011) extend their analysis by suggesting that thi ...
Can Low Interest Rates be Harmful: An Assessment of the Bank Risk
... (2012) in using this indicator as a measure of the bank risk-taking channel.5 In addition, as per Altunbas et al. (2012), we use both the change in interest rates and the interest rate gap in the estimations. The latter is a sharper measure of bank risk-taking channel as it better captures the pheno ...
... (2012) in using this indicator as a measure of the bank risk-taking channel.5 In addition, as per Altunbas et al. (2012), we use both the change in interest rates and the interest rate gap in the estimations. The latter is a sharper measure of bank risk-taking channel as it better captures the pheno ...
Exploring Special Purpose National Bank Charters for Fintech
... As a general rule, we believe that consumers are well served by financial innovation. Innovation, or research and development more broadly, requires capital. At present, equity investors in the fintech arena invest in a non-regulated entity which is dependent upon a third party -- a regulated bank. ...
... As a general rule, we believe that consumers are well served by financial innovation. Innovation, or research and development more broadly, requires capital. At present, equity investors in the fintech arena invest in a non-regulated entity which is dependent upon a third party -- a regulated bank. ...
Central bank foreign reserves
... rising import prices when the domestic currency depreciates. And even if a central bank with a floating exchange rate opts out of all market intervention, which would make foreign reserves unnecessary as a monetary policy instrument, they could still be desirable since the markets and rating agencie ...
... rising import prices when the domestic currency depreciates. And even if a central bank with a floating exchange rate opts out of all market intervention, which would make foreign reserves unnecessary as a monetary policy instrument, they could still be desirable since the markets and rating agencie ...