absence of granular information on banks’ trading and loan portfolios. To deal with these data shortcomings, this paper …'s probability of default and structural models of default risk to infer the capital losses they could experience in stress scenarios …. As an illustration, the methodology is applied to a set of banks in an advanced emerging market economy …

This paper measures the performance of different metrics in assessing banking system vulnerabilities. It finds that … metrics based on equity market valuations of bank capital are better than regulatory capital ratios, and other metrics, in … spotting banks that failed (bad apples). This paper proposes that these market-based ratios could be used as a surveillance …

This paper examines whether cross-border capital flows can be regulated by imposing capital account restrictions (CARs … related capital controls and prudential measures in these countries. Our findings suggest that CARs at either end can …

The global financial crisis underscored the importance of regulation and supervision to a well-functioning banking … efficiency. We focus specifically on the adoption of international capital standards and the Basel Core Principles for Effective … and Wilson 2007) double bootstrapping approach on an international sample of publicly listed banks. Our results indicate …

time-varying market valuation for such a support. With large worldwide sample of banks, we estimate the structural subsidy …

services provision. Modern banking is largely market-based and contestable. Consequently, banks in advanced economies today … guiding entry/exit and consolidation of banks. This paper seeks to refine this view in light of recent changes to financial … focus on the permissible scope of activities rather than on market structure of banks. And following a crisis, competition …

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 …