Using evidence from Russia, we explore the effect of the introduction of deposit insurance on bank risk. Drawing on …

turmoil has thrown up issues for discussion. These include: 1. The scale and scope of deposit insurance; 2. Bank insolvency … regimes, also known as prompt corrective action'; 3. Money market operations by Central Banks; 4. Commercial bank liquidity …

We analyze the impact of introducing a central bank-issued digital currency (CBDC) on the operational framework of … frictional interbank market, a central bank with deposit and lending facilities, and household preferences for different liquid …' has a rather small effect on bank lending to the real economy, and hence on aggregate investment and GDP. This result …

’, if fiscal consolidation is combined with a program for bank recovery and for competitiveness and growth. The second …

Central bank digital currencies (CBDCs) are receiving more attention than ever before. Yet the motivations for issuance … policy stances on issuance, relying on central bank speeches and technical reports. Most projects are found in digitised … which the CBDC is a direct cash-like claim on the central bank, but where the private sector handles all customer …

U.S. banking crisis of the 20th century. Our systemic risk measure captures both the credit risk of an individual bank … as well as a bank’s position in the network. We construct linkages between all U.S. commercial banks in 1929 and 1934 so … banking crisis that occurred between 1930{33 raised systemic risk per bank by 33% and increased the riskiness of the very …