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You are looking at 1-20 of 24 items for:

Banking x Monetary Policy, Central Banking, and the Supply of Money and Credit x clear all

Are All the Sacred Cows Dead? Implications of the Financial Crisis for Macro- and Financial Policies

Aslı Demirgüç-Kunt and Luis Servén.

in The World Bank Research Observer

February 2010; p ublished online February 2010 .

Journal Article. Subjects: Economics; Monetary Policy, Central Banking, and the Supply of Money and Credit; International Finance; Financial Regulation; Banking; Corporate Governance. 14710 words.

The recent global financial crisis has shaken the confidence of industrial and developing countries alike in the very blueprint of the financial and macropolicies that underlie the Western...

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Bank Corporate Loan Pricing Following the Subprime Crisis

João A. C. Santos.

in The Review of Financial Studies

June 2011; p ublished online November 2010 .

Journal Article. Subjects: Monetary Policy, Central Banking, and the Supply of Money and Credit; Banking; Corporate Governance. 12608 words.

The massive losses that banks incurred with the meltdown of the subprime mortgage market have raised concerns about their ability to continue lending to corporations. We investigate these...

Bank Liquidity, Interbank Markets, and Monetary Policy

Xavier Freixas, Antoine Martin and David Skeie.

in The Review of Financial Studies

August 2011; p ublished online April 2011 .

Journal Article. Subjects: Banking; Money and Interest Rates; Monetary Policy, Central Banking, and the Supply of Money and Credit. 16661 words.

A lesson of the recent financial crisis is that the interbank market is crucial for banks facing uncertainty regarding their liquidity needs. This article studies the efficiency of the...

Bank Ratings and Lending Supply: Evidence from Sovereign Downgrades

Manuel Adelino and Miguel A. Ferreira.

in The Review of Financial Studies

July 2016; p ublished online January 2016 .

Journal Article. Subjects: Monetary Policy, Central Banking, and the Supply of Money and Credit; Banking; Investment Banking; Financial Regulation; National Budget, Deficit, and Debt. 16940 words.

We study the causal effect of bank credit rating downgrades on the supply of bank lending. The identification strategy exploits the asymmetric impact of sovereign downgrades on the ratings...

Bank Risk-taking, Securitization, Supervision, and Low Interest Rates: Evidence from the Euro-area and the U.S. Lending Standards

Angela Maddaloni and José-Luis Peydró.

in The Review of Financial Studies

June 2011; p ublished online June 2011 .

Journal Article. Subjects: Economics; Banking; Financial Regulation; Money and Interest Rates; Monetary Policy, Central Banking, and the Supply of Money and Credit. 19069 words.

Using a unique dataset of the Euro-area and the U.S. bank lending standards, we find that low (monetary policy) short-term interest rates soften standards for household and corporate loans....

Banking Sector Efficiency in Sub-Saharan Africa

François Boutin-Dufresne, Oral Williams and Tomasz A. Zawisza.

in Journal of African Economies

June 2015; p ublished online October 2014 .

Journal Article. Subjects: Banking; Economics; Monetary Policy, Central Banking, and the Supply of Money and Credit; Money and Interest Rates. 10779 words.

This paper examines the determinants of net interest margins (NIMs) in four regional blocks in Sub-Saharan Africa (SSA). Using bank-level data, we find that countries with a high level of...

Cash-in-the-Market Pricing and Optimal Resolution of Bank Failures

Viral V. Acharya and Tanju Yorulmazer.

in The Review of Financial Studies

November 2008; p ublished online December 2007 .

Journal Article. Subjects: Banking; Financial Regulation; Corporate Regulation; Monetary Policy, Central Banking, and the Supply of Money and Credit; Welfare Economics. 16795 words.

As the number of bank failures increases, the set of assets available for acquisition by surviving banks enlarges but the total liquidity available with surviving banks falls. This results...

A comparative analysis of macroprudential policies

Yaprak Tavman.

in Oxford Economic Papers

April 2015; p ublished online January 2015 .

Journal Article. Subjects: Financial Regulation; Banking; Monetary Policy, Central Banking, and the Supply of Money and Credit; Money and Interest Rates. 8633 words.

The global financial crisis has clearly shown that macroeconomic stability is not sufficient to guarantee the stability of the financial system. Hence, the recent policy debate has focused...

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Crisis Resolution and Bank Liquidity

Viral V. Acharya, Hyun Song Shin and Tanju Yorulmazer.

in The Review of Financial Studies

June 2011; p ublished online September 2010 .

Journal Article. Subjects: Banking; Financial Regulation; Corporate Governance; Monetary Policy, Central Banking, and the Supply of Money and Credit; Welfare Economics. 17854 words.

What is the effect of financial crises and their resolution on banks' choice of liquidity? When banks have relative expertise in employing risky assets, the market for these assets clears...

CURBING THE MONEY MULTIPLIER: CAPITAL REQUIREMENTS VERSUS NARROW BANKING

Aldo Barba.

in Contributions to Political Economy

June 2018; p ublished online May 2018 .

Journal Article. Subjects: Monetary Policy, Central Banking, and the Supply of Money and Credit; Banking; Financial Regulation. 4307 words.

Abstract

This article discusses financial regulation proposals based on capital and liquidity requirements and those that instead suggest a 100% reserve on...

The Euro Interbank Repo Market

Loriano Mancini, Angelo Ranaldo and Jan Wrampelmeyer.

in The Review of Financial Studies

July 2016; p ublished online September 2015 .

Journal Article. Subjects: Money and Interest Rates; Monetary Policy, Central Banking, and the Supply of Money and Credit; Economics; Banking; Financial Regulation. 13918 words.

The search for a market design that ensures stable bank funding is at the top of regulators' policy agenda. This paper empirically shows that the central counterparty (CCP)-based euro...

Financial Firm Bankruptcy and Contagion

Jean Helwege and Gaiyan Zhang.

in Review of Finance

July 2016; p ublished online October 2015 .

Journal Article. Subjects: Banking; Investment Banking; Financial Regulation; Corporate Governance; Bankruptcy; Money and Interest Rates; Monetary Policy, Central Banking, and the Supply of Money and Credit; Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook. 18538 words.

The Lehman bankruptcy highlights the potential for interconnectedness to cause negative externalities through counterparty contagion, but the externalities may also arise from information...

Financial Innovations and Their Implications for Monetary Policy in Kenya

Lydia Ndirangu and Esman Morekwa Nyamongo.

in Journal of African Economies

January 2015; p ublished online December 2014 .

Journal Article. Subjects: Banking; Single Equation Models; Single Variables; Monetary Policy, Central Banking, and the Supply of Money and Credit; Money and Interest Rates. 9393 words.

This study investigates the effect of financial innovation on monetary policy in Kenya during the period 1998–2013; that is, whether the waves of financial innovation that have occurred...

Global dollar credit: links to US monetary policy and leverage

Robert N. McCauley, Patrick McGuire and Vladyslav Sushko.

in Economic Policy

April 2015; p ublished online March 2015 .

Journal Article. Subjects: International Finance; Financial Institutions and Services; Banking; Monetary Policy, Central Banking, and the Supply of Money and Credit; Money and Interest Rates. 16649 words.

Since the global financial crisis, banks and bond investors have increased the outstanding US dollar credit to non-bank borrowers outside the United States from $6 trillion to $9 trillion....

Gross Credit Flows

Giovanni Dell'Ariccia and Pietro Garibaldi.

in The Review of Economic Studies

July 2005; p ublished online July 2005 .

Journal Article. Subjects: Prices, Business Fluctuations, and Cycles; Banking; Monetary Policy, Central Banking, and the Supply of Money and Credit. 8681 words.

The paper estimates gross credit flows for the U.S. banking system between 1979 and 1999 and shows that sizable gross flows coexist at any phase of the cycle, even within narrowly defined...

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Interbank Contagion at Work: Evidence from a Natural Experiment

Rajkamal Iyer and José-Luis Peydró.

in The Review of Financial Studies

April 2011; p ublished online April 2011 .

Journal Article. Subjects: Economics; Banking; Financial Regulation; Monetary Policy, Central Banking, and the Supply of Money and Credit. 20503 words.

This article tests financial contagion due to interbank linkages. For identification, we exploit an idiosyncratic, sudden shock caused by a large-bank failure in conjunction with detailed...

Monetary Policy, Risk-Taking, and Pricing: Evidence from a Quasi-Natural Experiment

Vasso Ioannidou, Steven Ongena and José-Luis Peydró.

in Review of Finance

March 2015; p ublished online September 2014 .

Journal Article. Subjects: Money and Interest Rates; Monetary Policy, Central Banking, and the Supply of Money and Credit; Economics; Banking; Financial Regulation; Market Structure, Firm Strategy, and Market Performance. 17902 words.

We study the risk-taking channel of monetary policy in Bolivia, a dollarized country where monetary changes are transmitted exogenously from the USA. We find that a lower policy rate spurs...

On Causes and Outcomes of the European Crisis: Ideas, Institutions, and Reality

Victoria Chick and Sheila C. Dow.

in Contributions to Political Economy

June 2012; p ublished online May 2012 .

Journal Article. Subjects: Banking; Monetary Policy, Central Banking, and the Supply of Money and Credit; Money and Interest Rates. 7074 words.

We consider future possibilities for finance in Europe on the basis of an attempt to understand its present and its past. The purpose of this paper is thus to explore the relationship...

Precautionary Hoarding of Liquidity and Interbank Markets: Evidence from the Subprime Crisis

Viral V. Acharya and Ouarda Merrouche.

in Review of Finance

January 2013; p ublished online June 2012 .

Journal Article. Subjects: Financial Regulation; Banking; Monetary Policy, Central Banking, and the Supply of Money and Credit; Money and Interest Rates. 19215 words.

We study the liquidity demand of large settlement banks in the UK and its effect on the money markets before and during the subprime crisis of 2007–08. We find that the liquidity demand of...

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Too Many to Fail? Evidence of Regulatory Forbearance When the Banking Sector Is Weak

Craig O. Brown and I. Serdar Dinç.

in The Review of Financial Studies

April 2011; p ublished online April 2011 .

Journal Article. Subjects: Monetary Policy, Central Banking, and the Supply of Money and Credit; International Finance; Banking; Financial Regulation. 14035 words.

This article studies bank failures in twenty-one emerging market countries in the 1990s. By using a competing risk hazard model for bank survival, we show that a government is less likely...