Weathering the financial crisis: good policy or good luck? docx

... (online) iii Weathering the financial crisis: good policy or good luck? Stephen G Cecchetti, Michael R King and James Yetman 1 Abstract The macroeconomic performance of individual ... Inflation target 16 30 2.0 –0.5 –2.46 –0.37 15 BIS Working Papers No 351 Weathering the financial crisis: good policy or good luck? by Stephen G...

Ngày tải lên: 15/03/2014, 20:20

... reserves is more likely to run the other way: the accumulation may reflect the wish to resist the appreciation of the currency, when the authorities face strong foreign demand for domestic ... typically pledge the goods to be sold to obtain this form of finance. At the peak of the crisis, for instance, there were serious concerns that the drying-up of financing for exp...

Ngày tải lên: 17/02/2014, 03:20

... Department Regulatory Reform Proposal The U.S. Treasury Department releases a proposal for reforming the financial regulatory system. The proposal calls for the creation of a Financial Services ... percent of the equity capital for each fund. The FDIC will provide oversight for the formation, funding, and operation of these funds, and guarantee the debt issued by the fun...

Ngày tải lên: 17/02/2014, 21:20

... represent the view of the African Development Bank, its Board of Directors, or the countries they represent. The Policy Briefs on the Financial Crisis are available online at http://www.afdb.org/ Copyright ... reproduced provided the source is cited. Reproduction for commercial pur- poses is forbidden. The Policy Briefs on the Financial Crisis (PBFC) are produced by...

Ngày tải lên: 17/02/2014, 21:20

... buildings and the income reductions. Therefore, there has been registered a tightening of both supply and demand for loans and a deterioration of quality for banks credit portfolio. The labor market ... 45% 55% Loansinforeignandnationalcurrency_Romania_2008.04 LRO LFO The customers borrowing behavior durig the financial crisis    117 but the deterioration of loan por...

Ngày tải lên: 06/09/2013, 05:49

... million or more to the Bundesbank on a quarterly basis. The key provision is the limitation of a single large exposure to 25% of the liable capital for the banking book and 25% of the own funds for ... the total indebtedness of an individual borrower or a single borrower unit and then notifies the reporting institutions of that total amount of indebtedness of their borr...

Ngày tải lên: 16/02/2014, 11:20

... last resort theory, using them to set up the heart of the book: its policy prescriptions. They propose a two-tier ap- proach o f short-term patches a nd long-term fixes. Most of the short-term ... from their original form and intent. At the same time, however, Morgan kept its original worries about “super-senior” risk and the lack of provenance within mortgage bundles to itself. T...

Ngày tải lên: 17/02/2014, 21:20

... can force them to liquidate their positions over a very short period. It would therefore be interesting to see if the share of leveraged or speculative investors in different segments of the ... slightly for short-term covered bonds. 2 Before the crisis government bonds were slightly more liquid than covered bonds in both the short- and long-term market segments. For the pe...

Ngày tải lên: 06/03/2014, 04:21

... importantly, we examined the roles of policy makers and regula- tors, including at the Federal Deposit Insurance Corporation, the Federal Reserve Board, the Federal Reserve Bank of New York, the ... compensation for their executives and employees—justifying their activities on the broad and sustained public policy support for homeownership. The Commission also probed the p...

Ngày tải lên: 06/03/2014, 09:22

... needed in the list of FSIs and the methodology for compiling them. The changes are envisaged to include developing new FSIs for sectors other than deposit takers, such as other financial corporations, ... identification of the institutional sector of the foreign debtor in the case of the IMF). These working groups are expected to give careful consideration to the benefits a...

Ngày tải lên: 06/03/2014, 19:20