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Banking union through Hungarian eyes: The MNB's assessment of a possible close cooperation

Kisgergely, Kornél; Szombati, Anikó - 2014

supervisory system integrated into the central bank was set up in Hungary, and the institutional system of the domestic resolution … payments into the Resolution Fund in 2016, it is reasonable to put the decision to join on hold; indeed, such a decision should …

Persistent link: https://www.econbiz.de/10011481585

Liquidity in resolution: Comparing frameworks for liquidity provision across jurisdictions

Grund, Sebastian; Nomm, Nele; Walch, Florian - 2020

As a response to the global financial crisis that started in 2008, many countries established dedicated resolution … banks in resolution. It examines the provision of liquidity in the United States, the United Kingdom, Japan, Canada and the …-level guarantee framework - which would allow access to Eurosystem liquidity for banks coming out of resolution with limited …

Persistent link: https://www.econbiz.de/10012521155

(When) should a non-euro country join the banking union?

Belke, Ansgar; Dobrzańska, Anna; Gros, Daniel; Smaga, … - 2016

We analyze the benefits and costs of a non-euro country opting-in to the banking union. The decision to opt-in depends on the comparison between the assessment of the banking union attractiveness and the robustness of a national safety net. The benefits of opting-in are still only potential and...

Persistent link: https://www.econbiz.de/10011448027

(When) should a non-euro country join the banking union?

Belke, Ansgar; Dobrzańska, Anna; Gros, Daniel; Smaga, Pawel - 2016

Persistent link: https://www.econbiz.de/10011622968

Optimal supervisory architecture and financial integration in a banking union

Colliard, Jean-Edouard - 2015

Both in the United States and in the Euro area, bank supervision is the joint responsibility of local and central/federal supervisors. I study how such a system can optimally balance the lower inspection costs of local supervisors with the ability of the central level to internalize cross-border...

Persistent link: https://www.econbiz.de/10011605831

Predictors of bank distress: The 1907 crisis in Sweden

Grodecka, Anna; Kenny, Sean; Ögren, Anders - 2018

This paper contributes to literature on bank distress using the Swedish experience of the international crisis of 1907, often paralleled with 2008. By employing previously unanalyzed bank-level data, we use logit regressions and principal component analysis to measure the impact of pre-crisis...

Persistent link: https://www.econbiz.de/10011943328

Did the Basel process of capital regulation enhance the resiliency of European Banks?

Gehrig, Thomas; Iannino, Maria Chiara - 2018

This paper analyses the evolution of the safety and soundness of the European banking sector during the various stages of the Basel process of capital regulation. In the first part we document the evolution of various measures of systemic risk as the Basel process unfolds. Most strikingly, we...

Persistent link: https://www.econbiz.de/10012148355

Does government-backed lending prevent unemployment? An assessment of the Swiss COVID-19 lending program

Kaufmann, Daniel - 2020

This paper identifies the effect of variation in government-backed loan supply on unemployment exploiting regional variation in the Swiss COVID-19 lending program. The rules of the program introduce variation in loan supply across Cantons. This variation helps disentangling supply from demand...

Persistent link: https://www.econbiz.de/10012609078

Towards a genuine economic and monetary union: Comments on a roadmap

Belke, Ansgar - 2013

The Van Rompuy Report and also additional proposals made by the European Commission outlined steps for a 'genuine Economic and Monetary Union'. This article explains, assesses and comments on the proposals made. Moreover, it outlines what could be recommendations in order to achieve a 'genuine...

Persistent link: https://www.econbiz.de/10010369512

Banking After Regulatory Reforms - Business as Usual?

Quintana, Javier Arribas; Levin, Mattias; Soares, Elleonora - 2014

The 5th joint SUERF/Bank of Finland joint conference was held in Helsinki on 13 June 2013. The general theme of the conference was to focus on the regulatory reforms after the global financial crisis and, in particular, how structural reforms of banking ("Volcker, Vickers and Liikanen") could...

Persistent link: https://www.econbiz.de/10011689964