Systemic stability and macro-prudential regulation
Macro-Prudential Regulation
... Although there is a clear need for cross- border sharing of information and coordination of regulatory actions and principles (particularly in micro-prudential regulation), the setting of capital rules and ...
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Is Macro Prudential Regulation Possible?
... world’s major central banks – the Fed, the ECB and the Bank of England – initiated enormous lending programs to provide sufficient liquidity to the financial system and to preserve financial stability. However, ...
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Macro-prudential View of Financial Stability
... in regulation. In the future the term "macro- prudential" has almost ceased to be used except in the BIS documents, especially the ECSC, but in public statements and written documents rarely could ...
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Essays on financial crises, contagion and macro prudential regulation
... My second contribution is to show the existence of a novel contagion effect, based on the acquisition of private information, that makes bank runs systemic or sovereign debt crises contagious (proposition 3). I ...
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Macro-prudential financial regulation of banks after the crisis of 2008
... defines macro-prudence by comparing it to micro-prudence among five ...institution; macro-prudence aims at limiting system-wide ...but macro-prudence aims at avoiding economic output ...the ...
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Macro-prudential regulation of credit booms and busts -- the case of Poland
... FX loans, in the CEE region in particular, have typically been associated with and considered to be a particular aspect of inflow of foreign capital into the local financial markets. While retail loans are distributed by ...
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Limits and Opportunities of Big Data For Macro-Prudential Modeling of Financial Systemic Risk
... Finally, with standard analytical approaches, it is possible to derive analytic results from the expected cash flows such as fair value, liquidity, and income. The problems the CFTC experienced are a direct consequence ...
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Sudden Floods, Prudential Regulation and Stability in an Open Economy
... macroprudential regulation in mitigating the macroeconomic and nancial instability that may be associated with sudden oods in private capital, in particular foreign bank ...
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Macro-Prudential Regulation. ECMI Commentary No. 25, 4 August 2009
... Although there is a clear need for cross-border sharing of information and coordination of regulatory actions and principles (particularly in micro-prudential regulation), the setting of capital rules and ...
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1. Key macro-prudential risks
... Financial Stability Reports highlighted the risks arising from uncertainty on the future regulatory framework of the European insurance industry in combination with the acknowledged short- comings of the current ...
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Asset-price boom-bust cycles and credit: what is the scope of macro-prudential regulation?
... from macro-prudential ones, one might think at the following delineation between monetary and macro- prudential ...price stability in the medium run. Macro-prudential ...
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Maturity transformation risk, profitability and stability in Islamic banking: A new macro-prudential liquidity perspective
... stability” model, respectively. The data required to achieve these objectives was sourced from the Bloomberg database and cross checked with the publicly available banks’ consolidated annual reports. We used ...
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Capital inflow reversals, banking stability, and prudential regulation in Central and Eastern Europe
... Debt-creating flows (loans and bonds) remain the key component of the CEE's external financing, rather than foreign direct investment or equity investment (as observed in other develop[r] ...
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Are Prudential Supervision and Regulation Pillars of Financial Stability? Evidence from the Great Depression
... The positive and statistically significant coefficient on the length of the supervisor’s term suggests there are tradeoffs in designing supervisory structures. Longer terms for supervisors reduced the influence of the ...
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Incorporation of financial ratios into prudential definition of assets: Micro and macro prudential perspective
... to macro measures such as debt/GDP and DTI, micro data are granular enough to address the growing risks from certain micro ...addition macro measures may be misleading as they can mask relevant information ...
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Overborrowing, Financial Crises and 'Macro-prudential' Taxes
... In the model, the collateral constraint limits private agents not to borrow more than a fraction of the market value of their collateral assets, which take the form of an asset in fixed aggregate supply (e.g. land). ...
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Overborrowing, Financial Crises and Macro-prudential Policy
... of the market value of assets they can offer as collateral, which take the form of an asset in fixed aggregate supply. Private agents take the price of this asset as given, and hence a “systemic credit ...
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BIS Working Papers No 180 Accounting, prudential regulation and financial stability: elements of a synthesis
... creating prudential cushions for regulated financial institutions through deliberately conservative measures of assets and liabilities through primary financial statements, a better strategy would be to instil the ...
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Prudential Regulation and Bank Accounting
... Some stress the importance of the asset side of bank balance sheets. For example, Morgan (2002, p. 874) states that the opacity of banks exposes the entire nancial system to bank runs, contagion, and other strains of ...
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Reforming Prudential Regulation of Insurance
... Risk-neutral systemic risk ...2013. Systemic risk measures: The simpler the better? Journal of Banking & Finance 37, ...Financial Stability 13, ...
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