Info
Banking and Trading / / Arnoud Boot, Lev Ratnovski
| Banking and Trading / / Arnoud Boot, Lev Ratnovski |
| Autore | Boot Arnoud |
| Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2012 |
| Descrizione fisica | 1 online resource (49 p.) |
| Altri autori (Persone) | RatnovskiLev |
| Collana |
IMF Working Papers
IMF working paper |
| Soggetto topico |
Banks and banking
Stocks Banks and Banking Finance: General Taxation Industries: Financial Services Money and Monetary Policy Financial Risk Management Banks Depository Institutions Micro Finance Institutions Mortgages Investment Banking Venture Capital Brokerage Ratings and Ratings Agencies Financial Institutions and Services: Government Policy and Regulation Financing Policy Financial Risk and Risk Management Capital and Ownership Structure Value of Firms Goodwill General Financial Markets: Government Policy and Regulation Taxation, Subsidies, and Revenue: General Monetary Policy, Central Banking, and the Supply of Money and Credit: General Financial Crises Banking Finance Public finance & taxation Monetary economics Economic & financial crises & disasters Lines of credit Moral hazard Bank soundness Tax incentives Financial institutions Financial sector policy and analysis Credit Money Financial crises Loans Financial risk management |
| ISBN |
1-4755-1248-1
1-4755-1246-5 |
| Formato | Materiale a stampa  |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione | eng |
| Nota di contenuto |
Cover; Contents; I. Introduction; II. Relationship to the Literature; III. Model; A. Approach; B. Credit Constraints; C. Banking; D. Trading; IV. Benefits of Conglomeration; V. Time Inconsistency of Capital Allocation; A. Setup: Long-term Banking; B. The Consequences of Time Inconsistency; C. Cost of Conglomeration under Time Inconsistency; VI. Trading as Risk-Shifting; A. Setup: Risky Trading; B. Risk-Shifting; C. The Interaction of Time Inconsistency and Risk Shifting; VII. Discussion; A. Front-loaded Income in Relationship Banking; B. External Equity and Internal Capital Allocation
C. Policy Implications VIII. Conclusion; References; Figures; 1. The Timeline; 2. The Timeline with Time Inconsistency; 3. Relationship Banking Allocation R as a Function of Trading Opportunities; 4. The Volume of Banking (R) and Trading (T), and Profits (Π)under Conglomerated Banking; 5. The Volumes of Banking (R)and Trading (T), and Profits (Π) with Risk-shifting; 6. Time Inconsistency Arises due to a Higher Return to Trading under Risk-shifting ("Effect 1"); 7. Risk-shifting Arises due to a Higher Volume of Trading, Driven by Time Inconsistency ("Effect 2") |
| Record Nr. | UNINA-9910786474303321 |
Boot Arnoud
|
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| Washington, D.C. : , : International Monetary Fund, , 2012 | ||
| Materiale a stampa | ||
| Lo trovi qui: Univ. Federico II | ||
| ||
Banking and Trading / / Arnoud Boot, Lev Ratnovski
| Banking and Trading / / Arnoud Boot, Lev Ratnovski |
| Autore | Boot Arnoud |
| Edizione | [1st ed.] |
| Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2012 |
| Descrizione fisica | 1 online resource (49 p.) |
| Disciplina | 332.1/52 |
| Altri autori (Persone) | RatnovskiLev |
| Collana |
IMF Working Papers
IMF working paper |
| Soggetto topico |
Banks and banking
Stocks Bank soundness Banking Banks and Banking Banks Brokerage Capital and Ownership Structure Credit Depository Institutions Economic & financial crises & disasters Finance Finance: General Financial Crises Financial crises Financial Institutions and Services: Government Policy and Regulation Financial institutions Financial Risk and Risk Management Financial Risk Management Financial risk management Financial sector policy and analysis Financing Policy General Financial Markets: Government Policy and Regulation Goodwill Industries: Financial Services Investment Banking Lines of credit Loans Micro Finance Institutions Monetary economics Monetary Policy, Central Banking, and the Supply of Money and Credit: General Money and Monetary Policy Money Moral hazard Mortgages Public finance & taxation Ratings and Ratings Agencies Tax incentives Taxation Taxation, Subsidies, and Revenue: General Value of Firms Venture Capital |
| ISBN |
9781475512489
1475512481 9781475512465 1475512465 |
| Formato | Materiale a stampa |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione | eng |
| Nota di contenuto |
Cover; Contents; I. Introduction; II. Relationship to the Literature; III. Model; A. Approach; B. Credit Constraints; C. Banking; D. Trading; IV. Benefits of Conglomeration; V. Time Inconsistency of Capital Allocation; A. Setup: Long-term Banking; B. The Consequences of Time Inconsistency; C. Cost of Conglomeration under Time Inconsistency; VI. Trading as Risk-Shifting; A. Setup: Risky Trading; B. Risk-Shifting; C. The Interaction of Time Inconsistency and Risk Shifting; VII. Discussion; A. Front-loaded Income in Relationship Banking; B. External Equity and Internal Capital Allocation
C. Policy Implications VIII. Conclusion; References; Figures; 1. The Timeline; 2. The Timeline with Time Inconsistency; 3. Relationship Banking Allocation R as a Function of Trading Opportunities; 4. The Volume of Banking (R) and Trading (T), and Profits (Π)under Conglomerated Banking; 5. The Volumes of Banking (R)and Trading (T), and Profits (Π) with Risk-shifting; 6. Time Inconsistency Arises due to a Higher Return to Trading under Risk-shifting ("Effect 1"); 7. Risk-shifting Arises due to a Higher Volume of Trading, Driven by Time Inconsistency ("Effect 2") |
| Record Nr. | UNINA-9910961232603321 |
|
Boot Arnoud
|
||
| Washington, D.C. : , : International Monetary Fund, , 2012 | ||
| Materiale a stampa | ||
| Lo trovi qui: Univ. Federico II | ||
| ||
Pricing and Hedging of Contingent Credit Lines / / Elena Loukoianova, Salih Neftci, Sunil Sharma
| Pricing and Hedging of Contingent Credit Lines / / Elena Loukoianova, Salih Neftci, Sunil Sharma |
| Autore | Loukoianova Elena |
| Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2006 |
| Descrizione fisica | 1 online resource (26 p.) |
| Altri autori (Persone) |
NeftciSalih
SharmaSunil |
| Collana | IMF Working Papers |
| Soggetto topico |
Contingencies in finance
Hedging (Finance) Lines of credit - Prices Banks and Banking Investments: Options Money and Monetary Policy Industries: Financial Services Contingent Pricing Futures Pricing option pricing Banks Depository Institutions Micro Finance Institutions Mortgages Simulation Methods Pension Funds Non-bank Financial Institutions Financial Instruments Institutional Investors Monetary Policy, Central Banking, and the Supply of Money and Credit: General Financing Policy Financial Risk and Risk Management Capital and Ownership Structure Value of Firms Goodwill Finance Monetary economics Banking Financial services law & regulation Lines of credit Loans Options Credit Financial institutions Money Credit risk Financial regulation and supervision Derivative securities Banks and banking Financial risk management |
| ISBN |
1-4623-2762-1
1-4527-0777-4 1-283-51191-6 9786613824363 1-4519-0809-1 |
| Formato | Materiale a stampa |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione | eng |
| Nota di contenuto | ""Contents""; ""I. Introduction""; ""II. Market Practice""; ""III. Modeling a CCL""; ""IV. Replicating Portfolio""; ""V. Pricing""; ""A. Method 1""; ""B. Method 2""; ""VI. Hedging Issues""; ""VII. Concluding Remarks""; ""References"" |
| Record Nr. | UNINA-9910788415603321 |
|
Loukoianova Elena
|
||
| Washington, D.C. : , : International Monetary Fund, , 2006 | ||
| Materiale a stampa | ||
| Lo trovi qui: Univ. Federico II | ||
| ||
Pricing and Hedging of Contingent Credit Lines / / Elena Loukoianova, Salih Neftci, Sunil Sharma
| Pricing and Hedging of Contingent Credit Lines / / Elena Loukoianova, Salih Neftci, Sunil Sharma |
| Autore | Loukoianova Elena |
| Edizione | [1st ed.] |
| Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2006 |
| Descrizione fisica | 1 online resource (26 p.) |
| Altri autori (Persone) |
NeftciSalih
SharmaSunil |
| Collana | IMF Working Papers |
| Soggetto topico |
Contingencies in finance
Hedging (Finance) Lines of credit - Prices Banking Banks and Banking Banks and banking Banks Capital and Ownership Structure Contingent Pricing Credit risk Credit Depository Institutions Derivative securities Finance Financial institutions Financial Instruments Financial regulation and supervision Financial Risk and Risk Management Financial risk management Financial services law & regulation Financing Policy Futures Pricing Goodwill Industries: Financial Services Institutional Investors Investments: Options Lines of credit Loans Micro Finance Institutions Monetary economics Monetary Policy, Central Banking, and the Supply of Money and Credit: General Money and Monetary Policy Money Mortgages Non-bank Financial Institutions Option pricing Options Pension Funds Simulation Methods Value of Firms |
| ISBN |
9786613824363
9781462327621 1462327621 9781452707778 1452707774 9781283511919 1283511916 9781451908091 1451908091 |
| Formato | Materiale a stampa |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione | eng |
| Nota di contenuto | ""Contents""; ""I. Introduction""; ""II. Market Practice""; ""III. Modeling a CCL""; ""IV. Replicating Portfolio""; ""V. Pricing""; ""A. Method 1""; ""B. Method 2""; ""VI. Hedging Issues""; ""VII. Concluding Remarks""; ""References"" |
| Record Nr. | UNINA-9910956120103321 |
|
Loukoianova Elena
|
||
| Washington, D.C. : , : International Monetary Fund, , 2006 | ||
| Materiale a stampa | ||
| Lo trovi qui: Univ. Federico II | ||
| ||