Showing 1 - 10 of 7,944
In this paper we explore how small countries such as Malaysia, Singapore, and Taiwan, can offer their aging populations the means to protect their retirement income against inflation without the governments directly issuing inflation-protected bonds. While inflation swaps are a well-known means...
Persistent link: https://www.econbiz.de/10013114670
This paper explores the relationship between different funding structures--including the source, instrument, currency …, and counterparty location of funding--and the extent of financial stress experienced in different countries and sectors …-sector-time panels to assess how different funding structures are related to financial stress. A higher share of funding from non …
Persistent link: https://www.econbiz.de/10014287355
This paper explores whether different funding structures – including the source, instrument, currency, and counterparty … location of funding – affected the extent of financial stress experienced in different countries and sectors during the early … internationalisation tended to mitigate – or amplify – the impact of this risk-off shock. We find that banks with a higher share of funding …
Persistent link: https://www.econbiz.de/10014262700
This paper explores whether different funding structures-including the source, instrument, currency, and counterparty … location of funding-affected the extent of financial stress experienced in various countries and sectors during the Covid-19 … sovereigns, banks, and corporates. Then we use country-sector and country-sector-time panels to assess if these different funding …
Persistent link: https://www.econbiz.de/10013503718
vulnerabilities of the institutions providing funding flows. Evidence from across empirical approaches and using granular data … liquidity provision. Strong prudential policies in the home countries of global banks and official facilities reduce funding …
Persistent link: https://www.econbiz.de/10014480528
We study empirically how competition among high-frequency traders (HFTs) affects their trading behavior and market quality. Our analysis exploits a unique dataset, which allows us to compare environments with and without high-frequency competition, and contains an exogenous event - a tick size...
Persistent link: https://www.econbiz.de/10012016546
We investigate regulatory arbitrage during the G20's global derivatives market reform. Using hand-collected data on staggered reform progress, we find that banks shift their trading towards less regulated jurisdictions. The result is driven by agenda items – such as the promotion of central...
Persistent link: https://www.econbiz.de/10012179682
On 23rd February 2017, SUERF and EY organized a conference on "Brexit and the Implications for Financial Services" at EY's offices, Churchill Place, Canary Wharf, London. While the outcome of the Brexit negotiations remains highly uncertain, the conference discussed the burning questions for...
Persistent link: https://www.econbiz.de/10011712197
We use a new data set to study the determinants of the performance of open-end actively managed equity mutual funds in 27 countries. We find that mutual funds underperform the market overall. The results show important differences in the determinants of fund performance in the U.S. and elsewhere...
Persistent link: https://www.econbiz.de/10003394375
vulnerabilities of the institutions providing funding flows. Evidence from across empirical approaches and using granular data … liquidity provision. Strong prudential policies in the home countries of global banks and official facilities reduce funding …
Persistent link: https://www.econbiz.de/10014353946