Bank Losses, Monetary Policy and Financial Stability—Evidence on the Interplay from Panel Data / / Lea Zicchino, Erlend Nier |
Autore | Zicchino Lea |
Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2008 |
Descrizione fisica | 1 online resource (32 p.) |
Disciplina | 332.1 |
Altri autori (Persone) | NierErlend |
Collana |
IMF Working Papers
IMF working paper |
Soggetto topico |
Bank failures - Econometric models
Monetary policy - Econometric models Economic stabilization - Econometric models Banks and Banking Money and Monetary Policy Industries: Financial Services Banks Depository Institutions Micro Finance Institutions Mortgages Monetary Policy, Central Banking, and the Supply of Money and Credit: General Financial Crises Monetary economics Banking Finance Economic & financial crises & disasters Bank credit Loans Credit Banking crises Banks and banking Financial crises |
ISBN |
1-4623-0231-9
1-4527-6723-8 9786612841835 1-4518-7090-6 1-282-84183-1 |
Formato | Materiale a stampa |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto |
Contents; I. Introduction; II. Theory and Hypothesis Development; III. Empirical Method and Data; Tables; 1. Summary Statistics; 2. Average of Provision Ratio; IV. Benchmark Results; 3. Benchmark Equation-Determinants of Loan Growth; V. The Effect of Monetary Policy; 4. The Effect of Losses and Monetary Policy-Interactions; 5. The Effect of Capital and Monetary Policy-Interactions; 6. The Effect of Losses, Capital, and Monetary Policy-Interactions; VI. Financial Conditions: Crisis Versus Noncrisis Countries; 7. Determinants of Loan Growth: Crisis Versus Non-crisis Countries
8. Monetary Policy and Banking Crises VII. Robustness Checks; A. Bank-fixed Effects; 9. Monetary Policy and Banking Crises-Interactions; 10. The Effect of Losses and Monetary Policy-Fixed Effects; B. Endogeneity of Bank-specific Characteristics; VIII. Conclusions; 11. The Effect of Losses and Monetary Policy-Robustness to Endogeneity (Fixed Effects Estimate); 12. Description of Variables and Data Sources; 13. Summary Statistics: Monetary Policy and Banking Crisis Countries; 14. Summary Statistics: Monetary Policy and Banking Crisis Episodes; Appendix; References |
Record Nr. | UNINA-9910788345203321 |
Zicchino Lea | ||
Washington, D.C. : , : International Monetary Fund, , 2008 | ||
Materiale a stampa | ||
Lo trovi qui: Univ. Federico II | ||
|
Building Blocks for Effective Macroprudential Policies in Latin America : : Institutional Considerations / / Patrick Imam, Erlend Nier, Luis Jácome |
Autore | Imam Patrick |
Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2012 |
Descrizione fisica | 1 online resource (43 p.) |
Altri autori (Persone) |
NierErlend
JácomeLuis |
Collana |
IMF Working Papers
IMF working paper |
Soggetto topico |
Financial crises - Latin America
Banks and Banking Finance: General Financial Risk Management Macroeconomics Business and Financial Central Banks and Their Policies Policy Objectives Policy Designs and Consistency Policy Coordination Financial Institutions and Services: Government Policy and Regulation General Financial Markets: Government Policy and Regulation Financial Markets and the Macroeconomy Banks Depository Institutions Micro Finance Institutions Mortgages Financial Crises Finance Banking Economic & financial crises & disasters Financial services law & regulation Financial sector stability Macroprudential policy Financial crises Systemic risk Financial sector policy and analysis Financial regulation and supervision Financial services industry Economic policy Banks and banking Financial risk management Law and legislation |
ISBN |
1-4755-1955-9
1-4755-4776-5 |
Formato | Materiale a stampa |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto |
Cover; Contents; I. Introduction; II. The Case for Macroprudential Policy in Latin America; Figures; 1. Systemic Banking Crises Worldwide; A. Latin America has Made Significant Strides to Preserve Financial Stability; Tables; 1. Bank Legislation and Financial Safety Nets; 2. Key Financial Soundness Indicators; B. Important Vulnerabilities Remain; 3. Capital Inflows; 4. Volatility of Commodity Prices; 5. Real Credit Growth and Banking Crises; C. Mapping Macro-financial Vulnerabilities and Macroprudential Policies; 2. Relative Importance of Top Banks in Eight Countries in Latin America
3. Macroprudential Policy Tools in Selected Latin American Countries III. The Existing Institutional Arrangements for Financial Stability; A. The Current State of Play; 4. Authority for Supervision of Banks, Insurances, and Securities; B. Characterizing Financial Stability Arrangements in Latin America; Boxes; 1. The New Financial Stability Committees in Chile, Mexico, and Uruguay; 5. Institutional Models for Financial Stability in Latin America; 2. Institutional Arrangement for Financial Stability in Brazil; IV. The Way Forward; A. The Pacific Model; B. The Atlantic Model C. Articulating the Macroprudential Mandate D. Strengthening the Macroprudential Policy Process; Appendices; I. Central Bank and Banking Regulation Institution Mandates; II. Institution Responsible for Establishing Some Key Macroprudential Measures; 6. Banking Assets by Region, 2009; 7. Banking and Nonbanking System in Latin America, 2008; III. Characterizing the Latin American Banking System; 8. Share of Banking Assets Held in Subsidiaries or Branches of Global Foreign Banks; 9. Foreign Banks' Lending, 2008; 10. Deposits and Credits; 11. Deposit-to-Loan Ratios in Foreign-Owned Local Affiliate 12. Basel Core Principle Compliance 13. List of Compliance of Basel Core Principles for Western Hemisphere Countries; References |
Record Nr. | UNINA-9910786473803321 |
Imam Patrick | ||
Washington, D.C. : , : International Monetary Fund, , 2012 | ||
Materiale a stampa | ||
Lo trovi qui: Univ. Federico II | ||
|
Building blocks for effective macroprudential policies in Latin America [[electronic resource] ] : institutional considerations / / Luis I. Jácome, Erlend W. Nier, and Patrick Imam |
Autore | Jácome Luis Ignacio |
Pubbl/distr/stampa | Washington, D.C., : International Monetary Fund, c2012 |
Descrizione fisica | 1 online resource (43 p.) |
Altri autori (Persone) |
NierErlend
ImamPatrick |
Collana | IMF working paper |
Soggetto topico | Financial crises - Latin America |
Soggetto genere / forma | Electronic books. |
ISBN |
1-4755-1955-9
1-4755-4776-5 |
Formato | Materiale a stampa |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto |
Cover; Contents; I. Introduction; II. The Case for Macroprudential Policy in Latin America; Figures; 1. Systemic Banking Crises Worldwide; A. Latin America has Made Significant Strides to Preserve Financial Stability; Tables; 1. Bank Legislation and Financial Safety Nets; 2. Key Financial Soundness Indicators; B. Important Vulnerabilities Remain; 3. Capital Inflows; 4. Volatility of Commodity Prices; 5. Real Credit Growth and Banking Crises; C. Mapping Macro-financial Vulnerabilities and Macroprudential Policies; 2. Relative Importance of Top Banks in Eight Countries in Latin America
3. Macroprudential Policy Tools in Selected Latin American Countries III. The Existing Institutional Arrangements for Financial Stability; A. The Current State of Play; 4. Authority for Supervision of Banks, Insurances, and Securities; B. Characterizing Financial Stability Arrangements in Latin America; Boxes; 1. The New Financial Stability Committees in Chile, Mexico, and Uruguay; 5. Institutional Models for Financial Stability in Latin America; 2. Institutional Arrangement for Financial Stability in Brazil; IV. The Way Forward; A. The Pacific Model; B. The Atlantic Model C. Articulating the Macroprudential Mandate D. Strengthening the Macroprudential Policy Process; Appendices; I. Central Bank and Banking Regulation Institution Mandates; II. Institution Responsible for Establishing Some Key Macroprudential Measures; 6. Banking Assets by Region, 2009; 7. Banking and Nonbanking System in Latin America, 2008; III. Characterizing the Latin American Banking System; 8. Share of Banking Assets Held in Subsidiaries or Branches of Global Foreign Banks; 9. Foreign Banks' Lending, 2008; 10. Deposits and Credits; 11. Deposit-to-Loan Ratios in Foreign-Owned Local Affiliate 12. Basel Core Principle Compliance 13. List of Compliance of Basel Core Principles for Western Hemisphere Countries; References |
Record Nr. | UNINA-9910461978403321 |
Jácome Luis Ignacio | ||
Washington, D.C., : International Monetary Fund, c2012 | ||
Materiale a stampa | ||
Lo trovi qui: Univ. Federico II | ||
|
The economics of large-value payments and settlement [[electronic resource] ] : theory and policy issues for central banks / / edited by Mark Manning, Erlend Nier, and Jochen Schanz |
Pubbl/distr/stampa | Oxford ; ; New York, : Oxford University Press, 2009 |
Descrizione fisica | 1 online resource (243 p.) |
Disciplina | 332.11 |
Altri autori (Persone) |
ManningMark J
NierErlend SchanzJochen |
Soggetto topico |
Banks and banking, Central
Payment |
Soggetto genere / forma | Electronic books. |
ISBN |
1-282-34933-3
9786612349331 0-19-157100-8 |
Formato | Materiale a stampa |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto |
Contents; List of Figures; List of Tables; List of Boxes; List of Contributors; Introduction; 1 Money, banking and payments: historical evolution and the role of the central bank; 2 Sources of systemic risk in payments and settlement; 3 Governance and regulation of payment and settlement systems; 4 Future policy challenges for central banks; Part I: Money, banking and payments: historical evolution and the role of the central bank; 1 The foundations of money and payments; 1.1 The origins of money and payments; 1.2 The emergence of banks, including the early central banks
2 Payments and monetary and financial stability2.1 Central-bank money as the ultimate settlement asset; 2.2 Payments and monetary stability; 2.3 Payments and financial stability; 2.4 The value of payment systems to the real economy; 2.5 The broadening and deepening of financial market infrastructure and implications for central banks' financial stability objectives; Part II: Sources of systemic risk in payment and settlement systems; 3 System design and sources of credit risk in large-value payment and settlement systems; 3.1 Deferred net settlement in large-value payment systems 3.2 Managing credit risk in DNS systems3.3 Real-time gross settlement in large-value payment systems; 3.4 The choice of settlement model: drivers of the widespread adoption of RTGS in large-value payment systems; 4 Liquidity risk in large-value payment systems; 4.1 Liquidity and the incentive to delay payments; 4.2 Central banks' provision of liquidity in payment systems: the theory; 4.3 Central banks' intraday credit policies in practice; 4.4 Reducing the opportunity cost of collateralized intraday credit; 4.5 Mechanisms to promote efficient recycling of liquidity 4.6 Hybrid payment-system design4.7 Optimal channelling of payments; 5 Managing systemic risk in the clearance and settlement of foreign-exchange, securities and derivatives transactions; 5.1 Foreign-exchange settlement risk; 5.2 Settlement risk in securities settlement systems; 5.3 Management of replacement risk in clearinghouses; 6 Other sources of systemic risk: operational and business risk; 6.1 Operational risk; 6.2 Business risk; Part III: Public-policy intervention in payment and settlement systems; 7 Market failures in payment and settlement systems 7.1 Market failures: implications for systemic risk7.2 Market failures: implications for efficiency; 8 Ownership, governance and regulation of payment systems; 8.1 Public ownership and subsidization of payment systems; 8.2 Targeted intervention ('oversight'); 8.3 Mutual ownership and integration of external stakeholders; 8.4 Which authority should intervene?; 9 Central-bank oversight of payment and settlement systems in practice; 9.1 Oversight objectives; 9.2 Implementation of oversight; Part IV: Future policy challenges for central banks; 10 Banks providing infrastructure services 10.1 The provision of wholesale payments services |
Record Nr. | UNINA-9910456086603321 |
Oxford ; ; New York, : Oxford University Press, 2009 | ||
Materiale a stampa | ||
Lo trovi qui: Univ. Federico II | ||
|
The economics of large-value payments and settlement [[electronic resource] ] : theory and policy issues for central banks / / edited by Mark Manning, Erlend Nier, and Jochen Schanz |
Pubbl/distr/stampa | Oxford ; ; New York, : Oxford University Press, 2009 |
Descrizione fisica | 1 online resource (243 p.) |
Disciplina | 332.11 |
Altri autori (Persone) |
ManningMark J
NierErlend SchanzJochen |
Soggetto topico |
Banks and banking, Central
Payment |
ISBN |
1-383-04657-3
0-19-161011-9 1-282-34933-3 9786612349331 0-19-157100-8 |
Formato | Materiale a stampa |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto |
Contents; List of Figures; List of Tables; List of Boxes; List of Contributors; Introduction; 1 Money, banking and payments: historical evolution and the role of the central bank; 2 Sources of systemic risk in payments and settlement; 3 Governance and regulation of payment and settlement systems; 4 Future policy challenges for central banks; Part I: Money, banking and payments: historical evolution and the role of the central bank; 1 The foundations of money and payments; 1.1 The origins of money and payments; 1.2 The emergence of banks, including the early central banks
2 Payments and monetary and financial stability2.1 Central-bank money as the ultimate settlement asset; 2.2 Payments and monetary stability; 2.3 Payments and financial stability; 2.4 The value of payment systems to the real economy; 2.5 The broadening and deepening of financial market infrastructure and implications for central banks' financial stability objectives; Part II: Sources of systemic risk in payment and settlement systems; 3 System design and sources of credit risk in large-value payment and settlement systems; 3.1 Deferred net settlement in large-value payment systems 3.2 Managing credit risk in DNS systems3.3 Real-time gross settlement in large-value payment systems; 3.4 The choice of settlement model: drivers of the widespread adoption of RTGS in large-value payment systems; 4 Liquidity risk in large-value payment systems; 4.1 Liquidity and the incentive to delay payments; 4.2 Central banks' provision of liquidity in payment systems: the theory; 4.3 Central banks' intraday credit policies in practice; 4.4 Reducing the opportunity cost of collateralized intraday credit; 4.5 Mechanisms to promote efficient recycling of liquidity 4.6 Hybrid payment-system design4.7 Optimal channelling of payments; 5 Managing systemic risk in the clearance and settlement of foreign-exchange, securities and derivatives transactions; 5.1 Foreign-exchange settlement risk; 5.2 Settlement risk in securities settlement systems; 5.3 Management of replacement risk in clearinghouses; 6 Other sources of systemic risk: operational and business risk; 6.1 Operational risk; 6.2 Business risk; Part III: Public-policy intervention in payment and settlement systems; 7 Market failures in payment and settlement systems 7.1 Market failures: implications for systemic risk7.2 Market failures: implications for efficiency; 8 Ownership, governance and regulation of payment systems; 8.1 Public ownership and subsidization of payment systems; 8.2 Targeted intervention ('oversight'); 8.3 Mutual ownership and integration of external stakeholders; 8.4 Which authority should intervene?; 9 Central-bank oversight of payment and settlement systems in practice; 9.1 Oversight objectives; 9.2 Implementation of oversight; Part IV: Future policy challenges for central banks; 10 Banks providing infrastructure services 10.1 The provision of wholesale payments services |
Record Nr. | UNINA-9910780428103321 |
Oxford ; ; New York, : Oxford University Press, 2009 | ||
Materiale a stampa | ||
Lo trovi qui: Univ. Federico II | ||
|