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Remarks at the Center for Transnational Legal Studies Seminar on the Impact of U.S. Regulatory Reform on Global Banks, New York City.
Persistent link: https://www.econbiz.de/10010724960
Remarks at the C. Peter McColough Series on International Economics, Council on Foreign Relations, New York City.
Persistent link: https://www.econbiz.de/10010724997
Remarks at the Swiss National Bank-International Monetary Fund Conference, Zurich, Switzerland.
Persistent link: https://www.econbiz.de/10010725045
Opening remarks at the Global Association of Risk Professionals Forum, New York City.
Persistent link: https://www.econbiz.de/10010725050
This paper examines the over-the-counter (OTC) interest rate derivatives (IRD) market in order to inform the design of post-trade price reporting. Our analysis uses a novel transaction-level data set to examine trading activity, the composition of market participants, levels of product...
Persistent link: https://www.econbiz.de/10010551295
We examine the relationship between monetary policy operations and interbank borrowing and lending of funds using sovereign bonds as collateral. We first establish that, in the precrisis period, there are important but rather weak relations between these funding sources and that this...
Persistent link: https://www.econbiz.de/10010732481
While the balance sheet structure of U.S. banks influences how they respond to liquidity risks, the mechanisms for the …-sectional differences in response to liquidity risk depend on the banks’ shares of core deposit funding. By contrast, differences across … global banks (those with foreign affiliates) are associated with ex ante liquidity management strategies as reflected in …
Persistent link: https://www.econbiz.de/10010784189
financial crisis. Yet we know little about the actual magnitudes and mechanisms for transmission of liquidity shocks through … studies conducted in eleven countries to explore liquidity risk transmission. Among the main results is, first, that … explanatory power of the empirical model is higher for domestic lending than for international lending. Second, how liquidity risk …
Persistent link: https://www.econbiz.de/10010784190
Persistent link: https://www.econbiz.de/10001589547