Search Results - subject:"” systemic risk"

De Bandt, Olivier; Hartmann, Philipp - 2000

This paper develops a broad concept of systemic risk, the basic economic concept for the understanding of financial … related payment and settlement systems. At the heart of systemic risk are contagion effects, various forms of external effects … systemic risk, which was evolving swiftly in the last couple of years, is surveyed in the light of this concept. Various …

Persistent link: https://www.econbiz.de/10011604081

Chile Después del Peso: Viviendo con el Dólar

Barandiarán, Edgardo - In: Latin American Journal of Economics-formerly Cuadernos … 37 (2000) 110, pp. 241-267

In the next 25 years, the ongoing transformation of payments systems will press Chile and other countries to abandon their national currencies as means of payment and to choose the US dollar as their unit of account. That transformation is already well ad

Persistent link: https://www.econbiz.de/10005515173

Systemic Risk, Interbank Relations and Liquidity Provision by theCentral Bank

Freixas, X.; Parigi, B.; Rochet, J-C. - de Nederlandsche Bank - 2000

We model systemic risk in an interbank market. Banks face liquidity needs as consumers are uncertain about where they …

Persistent link: https://www.econbiz.de/10005101949

Financial Institutions, Financial Contagion, and Financial Crises

Huang, Haizhou; Xu, Chenggang - International Monetary Fund (IMF) - 2000

Financial crises are endogenized through corporate and interbank market institutions. Single-bank financing leads to a pooling equilibrium in the interbank market. With private information about one’s own solvency, the best illiquid banks will not borrow but rather will liquidate some...

Persistent link: https://www.econbiz.de/10005599485

Deposit Insurance and Crisis Management

Garcia, G. G. - International Monetary Fund (IMF) - 2000

A well-designed deposit insurance system (DIS) will provide incentives for citizens to keep the financial system sound. However, a poorly designed DIS can foster a financial crisis. This paper, therefore, makes recommendations for creating and running a limited, incentive-compatible, DIS. The...

Persistent link: https://www.econbiz.de/10005599779

The Breakdown of Credit Relations Under Conditions of a Banking Crisis; A Switching Regime Approach

Muñoz, Sònia - International Monetary Fund (IMF) - 2000

This paper empirically analyzes the effects of a banking crisis on bank credit to the private sector for a panel of developing, developed, and transition economies for the period 1970-1998. The model illustrates how the behavior of the bank credit function changes during a banking crisis,...

Persistent link: https://www.econbiz.de/10005826645

Systemic risk: A survey

De Bandt, Olivier; Hartmann, Philipp - European Central Bank - 2000

Persistent link: https://www.econbiz.de/10005344911

Currency Crisis and Contagion; Evidence From Exchange Rates and Sectoral Stock Indices of the Philippines and Thailand

Nagayasu, Jun - International Monetary Fund (IMF) - 2000

This paper analyzes empirically the recent Asian financial crisis using high frequency data of exchange rates and stock indices of the Philippines and Thailand. Utilizing standard time-series techniques, this study confirms that there is evidence that developments in some sectoral...

Persistent link: https://www.econbiz.de/10005263754

Systemic risk : a survey

Bandt, Olivier de; Hartmann, Philipp - 2000

Persistent link: https://www.econbiz.de/10001554429

Systemic Risk in International Settlements

Dhumale, Rahul - ESRC Centre for Business Research - 1999

Examines the extent to which different settlement systems affect the nature and potential vulnerability of the financial system to systemic risks, and considers whether externalities can be reduced if individual institutions fully internalise the costs of their actions.

Persistent link: https://www.econbiz.de/10005687960