Similar Search Results

Crisis Management and Resolution for a European Banking System

Giustiniani, Alessandro - 2010

This paper proposes an integrated crisis management and resolution framework for the EU's single banking market. It comprises a European Resolution Authority (ERA), armed with the mandate and the tools to deal cost-effectively with failing systemic cross-border banks, and is designed to address...

Persistent link: https://www.econbiz.de/10014409157

Global Contagion of Financial Reforms

Li, Nan - 2024

We construct an extensive database of domestic financial reforms spanning 90 countries from 1973 to 2014. Utilizing this dataset, we estimate a structural model that incorporates various factors identified in the existing literature to explain the global contagion of financial reforms. Our...

Persistent link: https://www.econbiz.de/10015328259

Banking Crises and Crisis Dating

Loukoianova, Elena - 2009

Many empirical studies of banking crises have employed ""banking crisis"" (BC) indicators constructedusing primarily information on government actions undertaken in response to bank distress. Weformulate a simple theoretical model of a banking industry which we use to identify and...

Persistent link: https://www.econbiz.de/10012677802

Excessive Lending, Leverage, and Risk-Taking in the Presence of Bailout Expectations

Georgiou, Andréas - 2009

The financial crisis that began in 2007 has brought to the fore the issues of excesses in lending, leverage, and risk-taking as some of the fundamental causes of this crisis. At the same time, in dealing with the financial crisis there have been large scale interventions by governments, often...

Persistent link: https://www.econbiz.de/10012677896

The Economics of Sovereign Debt, Bailouts, and the Eurozone Crisis

Gourinchas, Pierre-Olivier - 2023

Despite a formal 'no-bailout clause,' we estimate significant net present value transfers from the European Union to … differences across countries. We characterize bailout size and likelihood as a function of the economic fundamentals (economic … 'Northern view' (transfers weaken fiscal discipline). While a stronger no-bailout commitment reduces risk-shifting, it may not …

Persistent link: https://www.econbiz.de/10015059348

Post-Crisis Bank Behavior

Fund, International Monetary - 2010

Did the occurrence of systemic banking crises in the 1990s and 2000s significantly alter the behavior of banks in the Mercosur? The objective of this paper is to answer this question by analyzing changes in bank behavior after crises in the Mercosur region. To our knowledge, this is the first...

Persistent link: https://www.econbiz.de/10012677530

Distress in European Banks

Poghosyan, Tigran - 2009

The global financial crisis has highlighted the importance of early identification of weak banks: when problems are identified late, solutions are much more costly. Until recently, Europe has seen only a small number of outright bank failures, which made the estimation of early warning models...

Persistent link: https://www.econbiz.de/10012677700

Liberalization, Prudential Supervision, and Capital Requirements; The Policy Trade-Offs

Ribakova, Elina - International Monetary Fund (IMF) - 2005

While deregulated financial markets and strong competition are commonly viewed as prerequisites for successful economic development, recent empirical evidence suggests that financial liberalization, if not well phased, can lead to costly financial crises. This paper focuses on the roles of...

Persistent link: https://www.econbiz.de/10005599275

Systemic Banking Crises

Valencia, Fabian - 2008

This paper presents a new database on the timing of systemic banking crises and policy responses to resolve them. The database covers the universe of systemic banking crises for the period 1970-2007, with detailed data on crisis containment and resolution policies for 42 crisis episodes, and...

Persistent link: https://www.econbiz.de/10012677666

Banking Stability Measures

Goodhart, Charles A. E. - 2009

This paper defines a set of banking stability measures which take account of distress dependence among the banks in a system, thereby providing a set of tools to analyze stability from complementary perspectives by allowing the measurement of (i) common distress of the banks in a system, (ii)...

Persistent link: https://www.econbiz.de/10012677701