Determinants of Deposit Insurance
... adopting design features that inadequately control risk-shifting. ...
... adopting design features that inadequately control risk-shifting. ...
Mod 6.1: Monetary Policy
... either case, will be that demand will adjust to supply of money at the new price (interest rate) of money and a new quantity. (C) Red Hill Capital Corp., Delaware, USA ...
... either case, will be that demand will adjust to supply of money at the new price (interest rate) of money and a new quantity. (C) Red Hill Capital Corp., Delaware, USA ...
NBER WORKING PAPER SERIES DEPRESSION Peter F. Basile
... considerable attention is that the economy fell into a "liquidity trap." Monetary policy, it is said, became ineffective and deficit spending was the only policy capable of shortening the Depression. The concern is that we may now be in a similar position. The certain sign of a liquidity trap, accor ...
... considerable attention is that the economy fell into a "liquidity trap." Monetary policy, it is said, became ineffective and deficit spending was the only policy capable of shortening the Depression. The concern is that we may now be in a similar position. The certain sign of a liquidity trap, accor ...
Deep Freeze: Iceland`s Economic Collapse
... the hands of a nasty foreign creditor, would not and still does not allow them to go bust. is irresponsible action on behalf of the government will ensure these zombified fish companies will continue undead for many years to come. e reality is that they need new fresh capital and the only way they c ...
... the hands of a nasty foreign creditor, would not and still does not allow them to go bust. is irresponsible action on behalf of the government will ensure these zombified fish companies will continue undead for many years to come. e reality is that they need new fresh capital and the only way they c ...
Chapter Four Money and Inflation
... Governments may also serve a purpose in doing so; they can guarantee purity and weight; by making things more systematic they remove uncertainty and the system is more efficient. At some point, it may become burdensome to trade in large amounts of gold or other metals. So, trade evolves not in the c ...
... Governments may also serve a purpose in doing so; they can guarantee purity and weight; by making things more systematic they remove uncertainty and the system is more efficient. At some point, it may become burdensome to trade in large amounts of gold or other metals. So, trade evolves not in the c ...
Thematic Review on Deposit Insurance Systems
... times of stress, so it is important to ensure that these institutions either do not take deposits from those that are deemed most in need of protection or are included as members of the DIS. Coverage: In some jurisdictions (e.g. Germany, Japan, United States), the coverage limits – both in terms of ...
... times of stress, so it is important to ensure that these institutions either do not take deposits from those that are deemed most in need of protection or are included as members of the DIS. Coverage: In some jurisdictions (e.g. Germany, Japan, United States), the coverage limits – both in terms of ...
Modelling systemic financial sector and sovereign risk av Dale F
... Sovereign default risk models are needed and should be used together with the financial sector risk models. Models that integrate credit, market and liquidity risks into financial and sovereign crisis models in one framework were not used in the run-up to the global crisis. Also, risk appetite chang ...
... Sovereign default risk models are needed and should be used together with the financial sector risk models. Models that integrate credit, market and liquidity risks into financial and sovereign crisis models in one framework were not used in the run-up to the global crisis. Also, risk appetite chang ...
The Central Bank of Kenya Act
... settlement systems; (e) act as banker and adviser to, and as fiscal agent of the Government; and (f) issue currency notes and coins In subsection (1) (d). “clearing” means the process of transmitting, reconciling and confirming payments prior to settlement, including the netting of payments and the ...
... settlement systems; (e) act as banker and adviser to, and as fiscal agent of the Government; and (f) issue currency notes and coins In subsection (1) (d). “clearing” means the process of transmitting, reconciling and confirming payments prior to settlement, including the netting of payments and the ...
Money, Prices and the Real Economy
... money is – primarily a medium of exchange – and shows how the use of a medium of exchange brings both benefits and costs to society. He emphasizes that the use of a medium of exchange brings benefits in the form of lower costs: it ‘lowers costs of acquiring information by shifting attention to the p ...
... money is – primarily a medium of exchange – and shows how the use of a medium of exchange brings both benefits and costs to society. He emphasizes that the use of a medium of exchange brings benefits in the form of lower costs: it ‘lowers costs of acquiring information by shifting attention to the p ...
Volume 67 No. 2, June 2004 Contents
... In clause 2(b) of the Policy Targets Agreement (PTA) between the Minister of Finance and Governor of the Reserve Bank, the target used to direct the Reserve Bank’s pursuit of price stability is expressed as “future CPI inflation outcomes between 1 per cent and 3 per cent on average over the medium te ...
... In clause 2(b) of the Policy Targets Agreement (PTA) between the Minister of Finance and Governor of the Reserve Bank, the target used to direct the Reserve Bank’s pursuit of price stability is expressed as “future CPI inflation outcomes between 1 per cent and 3 per cent on average over the medium te ...
The Risk Channel of Unconventional Monetary Policy
... due to a combination of two effects. First, as the purchase of risky assets is financed by an increase in reserves, a higher interest rate is required to induce investors to hold the larger supply of safe assets. Second, as the intervention reduces volatility, investors have less of a precautionary ...
... due to a combination of two effects. First, as the purchase of risky assets is financed by an increase in reserves, a higher interest rate is required to induce investors to hold the larger supply of safe assets. Second, as the intervention reduces volatility, investors have less of a precautionary ...
The theoretical framework of monetary policy revisited
... aggregates. These are determined from the equilibrium condition in the money market as the stock of money balances, which is sufficient to satisfy the demand for money at a particular level of the interest rate. The importance of monetary aggregates has declined in central bank practice. The Federal ...
... aggregates. These are determined from the equilibrium condition in the money market as the stock of money balances, which is sufficient to satisfy the demand for money at a particular level of the interest rate. The importance of monetary aggregates has declined in central bank practice. The Federal ...
TARP and market discipline - Lund University School of Economics
... For a non-bailed-out bank it is sufficient to use available information – for instance to observe the conditions under which other banks have received government support in the past – to form such expectations and act on them. Equivalently, a supervisor’s threat to close down a bank if it ends up in ...
... For a non-bailed-out bank it is sufficient to use available information – for instance to observe the conditions under which other banks have received government support in the past – to form such expectations and act on them. Equivalently, a supervisor’s threat to close down a bank if it ends up in ...
Determinants of banking system fragility: a - ECB
... foreign banks in a region may impact the fragility of the regional banking system in different ways. On the one hand, a greater foreign bank presence may lead to greater banking efficiency and competition in the domestic financial system. On the other hand, foreign banks may provide a channel for c ...
... foreign banks in a region may impact the fragility of the regional banking system in different ways. On the one hand, a greater foreign bank presence may lead to greater banking efficiency and competition in the domestic financial system. On the other hand, foreign banks may provide a channel for c ...
Staff Working Paper No. 594: Non-performing
... this area. Before then, while banks did make provisions against bad loans, neither the extent of bad loans nor the level of provisions was public information. In the UK, for example, banks were, through custom and law, exempt from reporting the true nature of their provisions, profits, capital and N ...
... this area. Before then, while banks did make provisions against bad loans, neither the extent of bad loans nor the level of provisions was public information. In the UK, for example, banks were, through custom and law, exempt from reporting the true nature of their provisions, profits, capital and N ...
Three Essays in Monetary Economics
... Does money matter for inflation? And if so, at what horizon is the comovement most pronounced? While the literature is very ambiguous in answering the first question, it is very vague on the second. From a policy perspective, however, both questions are highly relevant and may become of particular imp ...
... Does money matter for inflation? And if so, at what horizon is the comovement most pronounced? While the literature is very ambiguous in answering the first question, it is very vague on the second. From a policy perspective, however, both questions are highly relevant and may become of particular imp ...
Money and Monetary Policy - Current Practice
... debtors in the economy but only some relationships are considered as money. Money generally refers only to some relationships where the debtors are banks and the creditors are non-bank entities (relationships where both the debtors and the creditors are banks are not called “money” but “liquidity”). ...
... debtors in the economy but only some relationships are considered as money. Money generally refers only to some relationships where the debtors are banks and the creditors are non-bank entities (relationships where both the debtors and the creditors are banks are not called “money” but “liquidity”). ...
Banking crises and the lending channel: Evidence from industrial
... Our paper is related to several strands of literature. First, it is related to the huge body of literature on firms' capital structure. In particular, it is related to the literature that has extended the traditional analysis of the trade-off theory (TOT) and the peckingorder theory (POT) to a cross ...
... Our paper is related to several strands of literature. First, it is related to the huge body of literature on firms' capital structure. In particular, it is related to the literature that has extended the traditional analysis of the trade-off theory (TOT) and the peckingorder theory (POT) to a cross ...
NBER WORKING PAPER SERIES GOLD STERILIZATION AND THE RECESSION OF 1937-38
... print gold certificates for the equivalent amount and deposit them in a Federal Reserve account to replenish its balance. The certificate would then become part of the monetary base and could be used to increase bank reserves. However, with sterilization, instead of replacing its withdrawn balance w ...
... print gold certificates for the equivalent amount and deposit them in a Federal Reserve account to replenish its balance. The certificate would then become part of the monetary base and could be used to increase bank reserves. However, with sterilization, instead of replacing its withdrawn balance w ...
Stability of Demand for Money in India: Evidence from Monetary and
... two decade the economy is witnessed by several socio-economic-political crises, e.g. spill over effect of Asian Financial turmoil of 1997, Indo-Pak Kargil War, the devaluation of rupees against US dollar, US sub prime crisis spill over effect, global recession, the stock market crash, spiral increas ...
... two decade the economy is witnessed by several socio-economic-political crises, e.g. spill over effect of Asian Financial turmoil of 1997, Indo-Pak Kargil War, the devaluation of rupees against US dollar, US sub prime crisis spill over effect, global recession, the stock market crash, spiral increas ...
IOSR Journal Of Humanities And Social Science (JHSS)
... Traditionally, there are other three tools of control; they are (i) open market operations, (ii) the legal reserves ratio and (iii) the bank rate. The recent additions are special deposit and stabilisation security. They are called quantitative controls because their main aim is to regulate the quan ...
... Traditionally, there are other three tools of control; they are (i) open market operations, (ii) the legal reserves ratio and (iii) the bank rate. The recent additions are special deposit and stabilisation security. They are called quantitative controls because their main aim is to regulate the quan ...
banking mergers and acquisitions in the eu: overview
... acquisitions (M&As) in Europe during the 1990s and at offering economic evaluation and strategic analyses of the process. The main characteristics of this process in the 1990s were the emergence of “mega banks” at the national scale, a slight increase of cross-border transactions and the emergence o ...
... acquisitions (M&As) in Europe during the 1990s and at offering economic evaluation and strategic analyses of the process. The main characteristics of this process in the 1990s were the emergence of “mega banks” at the national scale, a slight increase of cross-border transactions and the emergence o ...
The characteristics of a monetary economy: a Keynes
... respect to a barter economy. Like Keynes, Schumpeter states that the presence of a fiat money gives the economy a completely different structure from that of a barter economy. Schumpeter (1912) emphasises this point by distinguishing between a pure exchange economy and a capitalist economy. A pure e ...
... respect to a barter economy. Like Keynes, Schumpeter states that the presence of a fiat money gives the economy a completely different structure from that of a barter economy. Schumpeter (1912) emphasises this point by distinguishing between a pure exchange economy and a capitalist economy. A pure e ...
Philosophy of Islamic Finance
... The additional risks that Islamic financial institutions have to face are asset, market and Shar¯ı´ah non-compliance risks, greater rate of return risks, greater fiduciary risks, greater legal risk and greater withdrawal risk. Asset risk is involved in all modes, particularly in Murabaha (before onw ...
... The additional risks that Islamic financial institutions have to face are asset, market and Shar¯ı´ah non-compliance risks, greater rate of return risks, greater fiduciary risks, greater legal risk and greater withdrawal risk. Asset risk is involved in all modes, particularly in Murabaha (before onw ...