Narrow search
Showing 1 - 10 of 146
Cover Image
Does financial integration make banks act more prudential? : Regulation, foreign ownde banks, and the lender-of-last resort
Berger, Helge; Hefeker, Carsten - 2006
Persistent link: https://www.econbiz.de/10003273992
Cover Image
Does financial integration make banks act more prudential? : Regulation, foreign owned banks, and the lender-of-last resort
Berger, Helge (contributor); Hefeker, Carsten (contributor) - 2006
the case of an integrated banking market with bank cross-holdings. Because banks will exert a greater overall effort to … coordination on bank efforts and discuss incentives for banks to organize their foreign holdings in the form or branches or … subsidiaries. We show that the absence of a common lender of last resort can reduce the probability of a financial crisis. -- Bank …
Persistent link: https://www.econbiz.de/10003274864
Cover Image
Does financial integration make banks act more prudential? : Regulation, foreign owned banks, and the lender-of-last resort
Berger, Helge; Hefeker, Carsten - 2006 - This vers.: Jan., 2006
Persistent link: https://www.econbiz.de/10003283346
Cover Image
Does financial integration make banks act more prudential? : Regulation, foreign owned banks, and the lender-of-last resort
Berger, Helge (contributor); Hefeker, Carsten (contributor) - 2006
We analyze whether financial integration will lead to lower national regulation of domestic banking activities. In our model, banks' efforts and public regulation can lower the probability of bankruptcy. We contrast the national case with an integrated banking market and find that banks will...
Persistent link: https://www.econbiz.de/10003285868
Cover Image
Does financial integration make banks more vulnerable? : regulation, foreign owned banks, and the lender-of-last resort
Berger, Helge; Hefeker, Carsten - In: International economics and economic policy : IEEP 4 (2008) 4, pp. 371-393
Persistent link: https://www.econbiz.de/10003664360
Cover Image
Does financial integration make banks act more prudential? : Regulation, foreign owned banks, and the lender of last resort
Berger, Helge; Hefeker, Carsten - 2006
Persistent link: https://www.econbiz.de/10004196685
Cover Image
Forecasting ECB monetary policy: accuracy is (still) a matter of geography
Berger, Helge; Ehrmann, Michael; Fratzscher, Marcel - 2006
Monetary policy in the euro area is conducted within a multi-country, multicultural, and multi-lingual context involving multiple central banking traditions. How does this heterogeneity affect the ability of economic agents to understand and to anticipate monetary policy by the ECB? Using a...
Persistent link: https://www.econbiz.de/10011604624
Cover Image
Monetary policy in the media
Berger, Helge; Ehrmann, Michael; Fratzscher, Marcel - 2006
Media coverage of monetary policy actions is a central channel of a central bank’s communication with the wider public …
Persistent link: https://www.econbiz.de/10011604725
Cover Image
Geography or skills: What explains Fed watchers’ forecast accuracy of US monetary policy?
Berger, Helge; Ehrmann, Michael; Fratzscher, Marcel - 2006
The paper shows that there is a substantial degree of heterogeneity in forecast accuracy among Fed watchers. Based on a novel database for 268 professional forecasters since 1999, the average forecast error of FOMC decisions varies 5 to 10 basis points between the best and worst-performers...
Persistent link: https://www.econbiz.de/10011604741
Cover Image
How should large and small countries be represented in a currency union?
Berger, Helge; Mueller, Till - 2004
representation in a federal central bank addressing this question. Optimal voting weights reflect two opposing forces: the wish to …
Persistent link: https://www.econbiz.de/10010261091