WORKING PAPER SERIES NO 1471 / SEPTEMBER 2012: FEEDBACK TO THE ECB’S MONETARY ANALYSIS THE BANK OF RUSSIA’S EXPERIENCE WITH SOME KEY TOOLS pdf

... - ple. Other important cross-border linkages exist bet ween the top banks 29 ECB Working Paper Series No. 527 September 2005 of France, German y and the N etherlands and the top Spanish bank. Moreover, ... implies that the asympto tic varianc e of the Hill estimator 1/bη is s 2 η 2 ,withs some scaling factor. If the scaling factor differs from 1 (presence of temp...

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... leverage. 28 ECB Working Paper Series No 1096 Septembre 2009 WORKING PAPER SERIES NO 1096 / SEPTEMBER 2009 This paper can be downloaded without charge from http :// www.ecb.europa.eu or from the Social ... firms in their regression has average industry leverage with a marginal R 2 of 0.19. 18 ECB Working Paper Series No 1096 Septembre 2009 W...

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... banks (see the Appendix for details). Table 2 does the same for nonbidding banks, but note that there are no nonbidding Landesbanks or cooperative central banks. 17 ECB Working Paper Series No ... auctions. 28 ECB Working Paper Series No 1376 September 2011 with 48.54%. Across the other bank categories, the range is from 54.90% for private banks to 58.97% for...

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... adjustment towards the “equilibrium price of retail bank products” is significantly higher since the launch of the euro. The introduction of the euro may have 18 ECB Working Paper Series No. 518 September ... Three of EMU on bank pricing. First, the importance of the long-term market rate in the equilibrium price of retail bank products has often...

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... earnings OOR/TA Other operational revenue/Total assets Off-balance sheet OBS/TA Off-balance-sheet items/Total assets Loans to deposits LOANS/DEP Customer loans/Customer deposits Other expenses ... strategy is measured by the ratio of other operational revenue to total assets (OOR/TA). The focus or exposure to off-balance- 15 ECB Working Paper Series No. 398 October 2004 s...

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... cheme of credit officers to the state of the economy. 4.3 Small bank Finally, it is worth to consider the case of small banks. If the number of all credit officers is small enough K<L, then the bank ... cumbersome. 20 ECB Working Paper Series No. 407 November 2004 The profit level of the decentralized bank exceeds that of the centralized bank if t...

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... %&      !    WORKING PAPER SERIES NO 845 / DECEMBER 2007 RUN-PRONE BANKING AND ASSET MARKETS by Marie Hoerova 19 ECB Working Paper Series No 845 December 2007 +74 >?C8<0; ... O WORKING PAPER SERIES NO 845 / DECEMBER 2007 In 2007 all ECB publications feature a motif taken from the 20 banknote. RUN-PRONE BANKING AND ASSE...

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... the need for further restructuring in some key sectors, but by caution on the part of investors and lenders." " ;The effects of the bursting of the stock market bubble have proven to ... included in the analysis. 14 ECB Working Paper Series No 868 February 2008 On the one hand, the evidence about increasing volatility in the pre-FOMC purdah cle...

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... 10 ECB Working Paper Series No 898 May 2008 experience of advanced economies. We take stock of what we now know about how central bank communication can contribute to the effectiveness of monetary ... rates to match the Bank s forward path only if they share the underlying assumptions about the evolution of the economy. Beyond this, however, our knowledg...

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... 28 ECB Working Paper Series No 1075 July 2009 European Central Bank Working Paper Series For a complete list of Working Papers published by the ECB, please visit the ECB’s website (http :// www.ecb.europa.eu). 1041 ... at the end of the previous year. As for other bank- specific characteristics, the indicator has been normalised with respect to the...

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