Does monetary policy affect funding vulnerabilities of the banking system? I show that contractionary monetary policy shocks cause an aggregate outflow of retail deposits and an inflow of non-core market-based funding. Using a newly constructed worldwide dataset covering the liability structure...

Does monetary policy affect funding vulnerabilities of the banking system? I show that contractionary monetary policy shocks cause an aggregate outflow of retail deposits and an inflow of non-core market-based funding. Using a newly constructed worldwide dataset covering the liability structure...

Financial crisis have become a main topic of researchers, especially after the recent global crisis started in 2007. Although the topic is highly relevant for current research, crisis models widely used were not able to predict the big crash. In the present paper we focus on surveying the...

Our study shows that financial liberalization has been followed by a profound transformation and banking system fragility. Our investigation test seeks to determine the fragility index of the Tunisian banking system over the period post liberalization. Our investigation is resulting from the...

The purpose of this paper is to study the impact of market structure on bank fragility. We take the case of the Tunisian banking system during the period 1990-2012 and we use panel data for 10 Tunisian banks. The main conclusions show that the Tunisian banking sector fragility and risk taking by...