Showing 1 - 10 of 123,867
außerbörslichen Derivatemarktes verantwortlich sind. -- Zentrale Gegenpartei ; Finanzkrise ; Clearing ; außerbörsliche Derivate … Gefahren sind durch die internationale Finanzkrise deutlich aufgedeckt worden. Nach dem Willen von Regulierungsbehörden soll … diesem bisher weitgehend unregulierten Marktsegment durch den vermehrten Einsatz zentraler Gegenparteien (Central Clearing …
Persistent link: https://www.econbiz.de/10009413547
Many observers have argued that credit default swaps contributed significantly to the credit crisis. Of particular concern to these observers are that credit default swaps trade in the largely unregulated over-the-counter market as bilateral contracts involving counter-party risk and that they...
Persistent link: https://www.econbiz.de/10013150917
Gefahren sind durch die internationale Finanzkrise deutlich aufgedeckt worden. Nach dem Willen von Regulierungsbehörden soll … diesem bisher weitgehend unregulierten Marktsegment durch den vermehrten Einsatz zentraler Gegenparteien (Central Clearing … of central clearing counterparties (CCPs). Recently, therefore, the market for Credit Default Swaps is cleared centrally …
Persistent link: https://www.econbiz.de/10009646482
Gefahren sind durch die internationale Finanzkrise deutlich aufgedeckt worden. Nach dem Willen von Regulierungsbehörden soll … diesem bisher weitgehend unregulierten Marktsegment durch den vermehrten Einsatz zentraler Gegenparteien (Central Clearing … of central clearing counterparties (CCPs). Recently, therefore, the market for Credit Default Swaps is cleared centrally …
Persistent link: https://www.econbiz.de/10010307827
Business cycles imply liquidity risks for banks. This paper explores how these risks influence bank lending over the cycle. With forward-looking banks, lending cycles, credit booms and busts, or suppressed and highly fragile bank systems can emerge, depending on the magnitude of liquidity risks....
Persistent link: https://www.econbiz.de/10010341626
This paper revisits the Swedish banking crisis (1919-26) that materialized as post war deflation replaced wartime inflation (1914-18). Inspired by Fisher's 'debt deflation theory', we employ survival analysis to 'predict' which banks would fail, given certain ex-ante bank characteristics. Our...
Persistent link: https://www.econbiz.de/10013500756
In this study, we benchmarked the crisis resolution frameworks of the Member States of the West African Monetary Zone (WAMZ) with the Financial Stability Board's Key Attributes (KAs) of effective resolution regime for financial institutions, using survey-based methodology. Questionnaires,...
Persistent link: https://www.econbiz.de/10013342792
längerfristig wirkenden einzelwirtschaftlichen und regulativenMaßnahmen, die als Antworten auf die internationale Finanzkrise …
Persistent link: https://www.econbiz.de/10009418807
The interbank market is important for the efficient functioning of the financial system, transmission of monetary policy and therefore ultimately the real economy. In particular, it facilitates banks' liquidity management. This paper aims at extending the literature which views interbank markets...
Persistent link: https://www.econbiz.de/10011434764
How does asset encumbrance affect the fragility of intermediaries subject to rollover risk? We offer a model in which a bank issues covered bonds backed by a pool of assets that is bankruptcy remote and replenished following losses. Encumbering assets allows a bank to raise cheap secured debt...
Persistent link: https://www.econbiz.de/10011451099