. There are two main results: First, if all banks have enough liquidity so that they can honor their short-term obligations, a … banks, a financial transactions tax contributes to financial distress and undoes other policy measures that are used to …

The current financial crisis has sparked intense debate about how weak banks should be resolved. Despite international …

regimes, also known as ‘prompt corrective action’; 3. Money market operations by Central Banks; 4. Commercial bank liquidity …There are, at least, seven aspects relating to financial regulation where the recent, and still current, financial …-cyclical instruments; 6. Boundaries of regulation, conduits, SIVs and reputational risk; 7. Crisis management:- (a) domestic, within …

more willing to lend to SMEs. In this paper, we directly ask banks (the main providers of SME external finance) what … institutional framework play a role in banks’ decisions. To do so, we use a unique survey of banks in Argentina and Chile, two … to shape banks’ willingness to deal with SMEs. The paper shows that, despite alleged differences in the countries …

implications of the analysis for regulation and competition policy are derived. It is found that optimal regulation may depend on …

We present a network model of the interbank market in which optimizing risk averse banks lend to each other and invest … entropy, closest matching and random matching. Contagion occurs through liquidity hoarding, interbank interlinkages and fire … the stability/efficiency trade-off. Liquidity requirements unequivocally decrease systemic risk but at the cost of lower …

-risk ones, which stand in the balance sheet of banks. The decision by the Basel Committee in early 2014 weakening the leverage …