Bank Leverage Regulation and Macroeconomic Dynamics pptx

... bank capital regulation can have stabilizing effects on economic activity and the risk of b an k ing 26 2 Bank of Canada Working Paper 2011-32 December 2011 Bank Leverage Regulation and Macroeconomic ... accumulation process and ensures that a steady state with operative financing constraints exists. 16 Working Paper/Document de travail 2011-32 Bank Leverage Regul...

Ngày tải lên: 22/03/2014, 21:20

... discussion, I will refer to  b t as bank leverage since its dynamics are both crucial for my results and are the main driver of total leverage, the ratio of total loans to bank net worth L t N b t : N b t consists ... K j t and thus implicitly a pair  L j t ; R L t  to maximize 14 WORKING PAPER SERIES NO 1487 / OCTOBER 2012 ASYMMETRIC INFORMATION IN CREDIT MARKETS, BANK LE...

Ngày tải lên: 22/03/2014, 21:20

... liability side of banks. Instead, in Cociuba, Shukayev and Ue- berfeldt (2011) banks choose between risky and safe investments, while leverage is given. 6 The in- teraction between leverage and asset ... monetary policy and bank regulation can be investigated, as shown by De Walque, Pierrard and Rouabah (2010) and Darracq Pariès, Kok Sørensen and Rodriguez- Palenzuela (2...

Ngày tải lên: 22/03/2014, 21:20

... this index in banking are Koutsomanoli and Staikouras (2004), Bikker and Haaf (2002), Demenagas and Gibson (2002), De Bandt and Davis (2000), Hondroyiannis et al.(1999) and Hardy and Simiyiannis ... associated with high leverage and financial leverage is often determined by regulation, ROA emerges as the key ratio for the evaluation of bank profitability (IMF, 2002). B...

Ngày tải lên: 22/03/2014, 23:20

... tumors and cell lines, miR-17- 5p and miR-20a are induced in a manner that depends on cyclin D1 and repress the expression of cyclin D1. Hence, miR-17-5p ⁄ 20a and cyclin D1 form a feedback loop and ... feedback regulation, their target genes and the signal cascades affected are summarized in Table 1. Such studies demonstrate the highly com- plex regulation of signal cascades...

Ngày tải lên: 14/02/2014, 19:20

... to withstand populist pressures. The experiences over the last 20 years of the independent Bank of Israel, Central Bank of Brazil, National Bank of Poland, and Reserve Bank of New Zealand, among ... sometimes paid to the official mandate of central banks – do they follow the example of the Deutsche Bundesbank, and have a solely price stability mandate? Differences in mandates...

Ngày tải lên: 15/02/2014, 13:20

... is biased towards the small and medium-sized savings and cooperative banks. In December 2009, savings banks and cooperative banks accounted for 22.2% and 59.7% of all banks in Germany, respectively. For ... the results for the median bank and we break down the results into banking groups and years. Over the whole period 2005-2009 and over all banking groups, the median bank...

Ngày tải lên: 16/02/2014, 06:20

... Eurosystem central banks will participate in TARGET2. Danmarks Nationalbank has confirmed its participation, whereas Sveriges Riksbank and the Bank of England will not connect to TARGET2. Central banks of ... banknotes and coins (cont’d) Well-defined inspection and quality control procedures ensure that all banknotes are identical and comply with the technical specifications. This m...

Ngày tải lên: 16/02/2014, 10:20

... driven by changes in the interbank rate. Bank mergers and the dynamics of deposit interest rates Ben R. Craig (Deutsche Bundesbank and Federal Reserve Bank of Cleveland) Valeriya Dinger (University ... multimarket banking is closely related to that strand which concentrates on the interaction between bank size and the way banks compete. In a seminal paper, Stein (2002) argues...

Ngày tải lên: 17/02/2014, 03:20

... realised and expected net tightening of credit standards as reported in the BLS for different leads and lags and other measures of credit availability: bank loan growth, bank lending rate spread, and ... reported at time t Bank loan growth t Bank spread t BBB nfc spreads t BBB spreads Bank loan growth t Bank spread t Bank loan growth t Bank spread t Expect...

Ngày tải lên: 15/03/2014, 10:20