Showing 1 - 10 of 11
Ever since the Asian Financial Crisis, concerns have arisen over whether policy-makers have sufficient tools to maintain financial stability. The ability to predict financial disturbances enables the authorities to take precautionary action to minimize their impact. In this context, the...
Persistent link: https://www.econbiz.de/10008466700
Ever since the Asian Financial Crisis, concerns have risen over whether policy-makers have sufficient tools to maintain financial stability. The ability to predict financial disturbances enables the authorities to take precautionary action to minimize their impact. In this context, the...
Persistent link: https://www.econbiz.de/10005423023
Persistent link: https://www.econbiz.de/10010571122
Persistent link: https://www.econbiz.de/10005680172
Given current debates on the future direction of regulatory design, the first objective of this paper is to contextualise the issues surrounding bank market discipline. Accordingly, the paper raises awareness of the current key themes within incentive-based regulatory design and analyses the...
Persistent link: https://www.econbiz.de/10005242486
Persistent link: https://www.econbiz.de/10005715906
"Current research is beginning to question the role and effectiveness of traditional rules-based bank regulatory oversight in favor of incentive-compatible regulatory design and market discipline and, in particular, mandatory subordinated debt market discipline. However, research on the...
Persistent link: https://www.econbiz.de/10008472853
Bank lending in Indonesia slowed dramatically during the period 2006–2008 while, at the same time, the banks’ holdings of short-term public sector (and other riskless) securities increased substantially. For some, this provided clear evidence of a central bank-induced credit crunch arising...
Persistent link: https://www.econbiz.de/10011155204
Persistent link: https://www.econbiz.de/10009150114
In this study, we utilize a nonparametric efficiency measurement approach which combines the Semi-Oriented Radial Measure-Data Envelopment Analysis (SORM-DEA) approach for dealing with negative data (Emrouznejad et al., 2010) with the Slacks-Based Efficiency Measures (SBM) of Tone (2001, 2002)...
Persistent link: https://www.econbiz.de/10009206833