Showing 1 - 10 of 1,796
In the first essay, Calomiris argues that the most desirable means by which to achieve banking system stability is to permit unlimited branch banking combined with the type of privately administered formal deposit insurance programs of antebellum Indiana, Ohio, and Iowa. In the second essay,...
Persistent link: https://www.econbiz.de/10011110450
deposit insurance will be associated with banking insolvency and credit crunch more than with bank runs. To test this …�cant e¤ect either on bank insolvency and credit crunch or on bank runs. However, when the deposit insurance is coupled with … an increase in credit to private sector, it has a positive and signi�cant e¤ect on bank insolvency and credit crunch but …
Persistent link: https://www.econbiz.de/10009644767
controls for bank and time random effects. The longer a bank was entered into the deposit insurance system, the greater was its …
Persistent link: https://www.econbiz.de/10005789735
nontrivial fiat-currencies demands. Sudden stops/bank-panics are possible, and key for evaluating the merits of alternative ex …
Persistent link: https://www.econbiz.de/10005037756
This paper probes the role of banks and credit in our socio-economic system using the metaphor of banks as social accountants (Stiglitz and Weiss 1988). It highlights the credit nature of money, and thus the fact that money is an accounting construct. This motivates the viewing of financial...
Persistent link: https://www.econbiz.de/10005055497
The financial crisis has revealed fatal institutional and structural deficits at the finance market. Politics has reacted to the financial crisis with a sea of legal bills and regulations. But all regulating efforts are merely system-imminent reparation measures and do not solve the core...
Persistent link: https://www.econbiz.de/10009322661
monitoring bank performance. …
Persistent link: https://www.econbiz.de/10009395492
banks are capable of absorbing losses in the event that a bank is unable to support itself in the private market.” Amongst … constitutes a means whereby losses could still be absorbed in the event that a bank is unable to support itself in the private …
Persistent link: https://www.econbiz.de/10009246895
banks are capable of absorbing losses in the event that a bank is unable to support itself in the private market.” Amongst … constitutes a means whereby losses could still be absorbed in the event that a bank is unable to support itself in the private …
Persistent link: https://www.econbiz.de/10008684871
The negative aspects of influence of globalization’s externalities on national financial system and the role of globalization in the development of crisis are analyzed. The author considers modern methods of regulation of short term capital flows, which influence on the financial market is...
Persistent link: https://www.econbiz.de/10008927061