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been a significant decline in the interconnectedness in the pledged collateral market between banks and nonbanks. We find …
Persistent link: https://www.econbiz.de/10010790392
This paper provides the most comprehensive empirical study of the effectiveness of macroprudential instruments to date. Using data from 49 countries, the paper evaluates the effectiveness of macroprudential instruments in reducing systemic risk over time and across institutions and markets. The...
Persistent link: https://www.econbiz.de/10009369434
The recent global financial turmoil raised questions about the stability of foreign banks' financing to emerging market … countries. While foreign banks' lending growth to most emerging market regions contracted sharply, lending to Latin America and … the Caribbean (LAC) was significantly more resilient. Analyzing detailed BIS data on global banks' lending to LAC …
Persistent link: https://www.econbiz.de/10008533226
United Kingdom, the euro area, and Japan during the recent crisis on interbank credit and liquidity risk premia …. Announcements of interest rate cuts, liquidity support, liability guarantees, and recapitalization were associated with a reduction … to reduce interest rates and bail out individual banks in an ad hoc manner had adverse repercussions, both domestically …
Persistent link: https://www.econbiz.de/10008559268
buffers can be imposed, transparency is not verifiable. Moreover, liquidity requirements can compromise banks' transparency …Banks may be unable to refinance short-term liabilities in case of solvency concerns. To manage this risk, banks can … accumulate a buffer of liquid assets, or strengthen transparency to communicate solvency. While a liquidity buffer provides …
Persistent link: https://www.econbiz.de/10010790317
This paper examines how exchange rate volatility and Korean banks’ foreign exchange liquidity mismatches interacted …
Persistent link: https://www.econbiz.de/10011142019
remain. To mitigate risks, banks should continue to build more robust capital and liquidity buffers, and enhance further the …This paper runs qualitative and quantitative analyses of the financial soundness of Danish banks. Helped by a series of … Denmark’s financial policy initiatives, banks have made progress in improving financial stability. However, vulnerabilities …
Persistent link: https://www.econbiz.de/10011142084
This paper explores the determinants of Japanese banks’ overseas expansion and assesses whether the growing cross …-border activity will continue under the new macroeconomic policies referred as “Abenomics”. The analysis finds that Japanese banks are …
Persistent link: https://www.econbiz.de/10011142156
central counterparties’ risk buffers, in line with recent enhancements to the capital regime for banks. …
Persistent link: https://www.econbiz.de/10011142162
This paper examines how Japan’s long-term interest rates and Japanese banks’ interest rate risk exposures may evolve … Japanese banks could decline substantially over the next two years. However, if structural and fiscal reforms are incomplete …, both long-tem yields and interest-risk exposures of Japanese banks could increase over the medium term. …
Persistent link: https://www.econbiz.de/10011142198