LEADER 00877nam0-22003131i-450- 001 990007931770403321 005 20041014092843.0 010 $a0-631-19888-1 035 $a000793177 035 $aFED01000793177 035 $a(Aleph)000793177FED01 035 $a000793177 100 $a20041014d2001----km-y0itay50------ba 101 0 $aeng 102 $aGB 200 1 $aApproaches to media discourse$fedited by Allan Bell and Peter Garrett 210 $aOxford Malden$cBlackwell$d2001 215 $aXII 287 p.$cill.$d23 cm 610 0 $aMezzi di comunicazione$aLinguaggio 676 $a302.23014$v20 702 1$aBell,$bAllan 702 1$aGarrett,$bPeter 801 0$aIT$bUNINA$gRICA$2UNIMARC 901 $aBK 912 $a990007931770403321 952 $aXV Ib 418$b39998$fFSPBC 959 $aFSPBC 996 $aApproaches to media discourse$9748169 997 $aUNINA LEADER 00917nam0-22003251i-450- 001 990003789670403321 005 20051201111119.0 010 $a88-7119-141-2 035 $a000378967 035 $aFED01000378967 035 $a(Aleph)000378967FED01 035 $a000378967 100 $a20030910d--------km-y0itay50------ba 101 0 $aita 105 $ay-------001yy 200 1 $a<>pianeta culturale$eper un'antropologia storicamente fondata$fGilberto Mazzoleni 205 $a2. ed. 210 $aRoma$cBulzoni$dİ1991 215 $a335 p.$d21 cm 225 1 $aChi siamo$v16 610 0 $aAntropologia culturale$aTeoria 676 $a306.01$v21$zita 700 1$aMazzoleni,$bGilberto$f<1936- >$0143431 801 0$aIT$bUNINA$gRICA$2UNIMARC 901 $aBK 912 $a990003789670403321 952 $a306.01 MAZ 2$b3983$fBFS 959 $aBFS 996 $aPianeta culturale$9506215 997 $aUNINA LEADER 06696oam 22012254 450 001 9910788226603321 005 20230721045718.0 010 $a1-4623-3053-3 010 $a1-4527-5308-3 010 $a9786612844102 010 $a1-282-84410-5 010 $a1-4518-7351-4 035 $a(CKB)3170000000055350 035 $a(EBL)1608831 035 $a(SSID)ssj0001477340 035 $a(PQKBManifestationID)11870393 035 $a(PQKBTitleCode)TC0001477340 035 $a(PQKBWorkID)11449876 035 $a(PQKB)11661572 035 $a(OCoLC)469983835 035 $a(MiAaPQ)EBC1608831 035 $a(IMF)WPIEE2009204 035 $a(EXLCZ)993170000000055350 100 $a20020129d2009 uf 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 10$aHow to Stop a Herd of Running Bears? Market Response to Policy Initiatives during the Global Financial Crisis 210 1$aWashington, D.C. :$cInternational Monetary Fund,$d2009. 215 $a1 online resource (80 p.) 225 1 $aIMF Working Papers 300 $aDescription based upon print version of record. 311 $a1-4519-1773-2 320 $aIncludes bibliographical references. 327 $aCover Page; Title Page; Copyright Page; Contents; I. Introduction; II. Measuring Financial Sector Distress and Policy Initiatives; A. The Libor-OIS Spread; 1 The 3-month Libor-OIS Spreads in Levels and First Differences, in the United States, United Kingdom, Euro Area and Japan, January 1, 2007-March 31, 2009; B. Crisis Timeline; C. Policy Announcements; 1. Classification of Policy Measures; 2. Number of Front-Page Policy Announcements, June 1, 2007-March 31, 2009; 2. Cumulative Number of Front-Page Policy Announcements, June 1, 2007-March 31, 2009; III. Event Study Methodology 327 $a3. Impact of Policy Announcements on the Libor-OIS Spread, June 1, 2007-March 31, 2009IV. Impact of Policy Announcements on Interbank Credit and Liquidity Risk; A. Analysis on a Pooled Sample; Graphical Analysis; 4. Frequency Plots for the Pooled Sample of Announcements; 5. Time Profile of the Response of the Libor-OIS Spread to Policy Announcements; Statistical Analysis; 6. Magnitude and Statistical Significance of the Libor-OIS Spread Response to Policy Announcements (Pooled Sample); 3. Statistical Tests on a Pooled Sample for Alternative Event Windows and Measures of Surprise 327 $a4. Statistical Tests on a Pooled Sample for Alternative Measures of Financial Risk5. Characteristics and Impact of Financial Sector Policy Measures; B. Robustness Checks; C. Country-Specific Results; Graphical Analysis; 7. Impact of Domestic and Foreign Policy Announcements on the Libor-OIS Spread, June 1, 2007-March 31, 2009; Statistical Analysis; 8. Magnitude and Statistical Significance of the Libor-OIS Spread Response to Domestic and Foreign Policy Announcements (by Country) 327 $a9. Magnitude and Statistical Significance of the Libor-OIS Spread Response to Domestic and Foreign Policy Inaction and Ad Hoc Bank Bailouts (by Country)6. Statistical Significance of Foreign Policy Announcments on the Libor-OIS Spreads; V. Conclusion; Appendix I. Statistical Tests; References; Footnotes 330 3 $aThis paper examines the impact of macroeconomic and financial sector policy announcements in the United States, the United Kingdom, the euro area, and Japan during the recent crisis on interbank credit and liquidity risk premia. Announcements of interest rate cuts, liquidity support, liability guarantees, and recapitalization were associated with a reduction of interbank risk premia, albeit to a different degree during the subprime and global phases of the crisis. Decisions not to reduce interest rates and bail out individual banks in an ad hoc manner had adverse repercussions, both domestically and abroad. The results are robust to controlling for the surprise content of announcements and using alternative measures of financial distress. 410 0$aIMF Working Papers; Working Paper ;$vNo. 2009/204 606 $aGlobal Financial Crisis, 2008-2009 606 $aRecessions 606 $aBanks and Banking$2imf 606 $aFinance: General$2imf 606 $aFinancing Policy$2imf 606 $aFinancial Risk and Risk Management$2imf 606 $aCapital and Ownership Structure$2imf 606 $aValue of Firms$2imf 606 $aGoodwill$2imf 606 $aFinancial Institutions and Services: Government Policy and Regulation$2imf 606 $aGeneral Financial Markets: Government Policy and Regulation$2imf 606 $aBanks$2imf 606 $aDepository Institutions$2imf 606 $aMicro Finance Institutions$2imf 606 $aMortgages$2imf 606 $aFinancial services law & regulation$2imf 606 $aEconomic & financial crises & disasters$2imf 606 $aFinance$2imf 606 $aBanking$2imf 606 $aBank bailouts$2imf 606 $aLiquidity risk$2imf 606 $aCredit risk$2imf 606 $aFinancial sector policy$2imf 606 $aFinancial risk management$2imf 606 $aCrisis management$2imf 606 $aFinancial services industry$2imf 606 $aBanks and banking$2imf 607 $aUnited States$2imf 615 0$aGlobal Financial Crisis, 2008-2009. 615 0$aRecessions. 615 7$aBanks and Banking 615 7$aFinance: General 615 7$aFinancing Policy 615 7$aFinancial Risk and Risk Management 615 7$aCapital and Ownership Structure 615 7$aValue of Firms 615 7$aGoodwill 615 7$aFinancial Institutions and Services: Government Policy and Regulation 615 7$aGeneral Financial Markets: Government Policy and Regulation 615 7$aBanks 615 7$aDepository Institutions 615 7$aMicro Finance Institutions 615 7$aMortgages 615 7$aFinancial services law & regulation 615 7$aEconomic & financial crises & disasters 615 7$aFinance 615 7$aBanking 615 7$aBank bailouts 615 7$aLiquidity risk 615 7$aCredit risk 615 7$aFinancial sector policy 615 7$aFinancial risk management 615 7$aCrisis management 615 7$aFinancial services industry 615 7$aBanks and banking 676 $a330.9 676 $a330.90511 712 02$aInternational Monetary Fund. 801 0$bDcWaIMF 906 $aBOOK 912 $a9910788226603321 996 $aHow to Stop a Herd of Running Bears? Market Response to Policy Initiatives during the Global Financial Crisis$93741570 997 $aUNINA