background on the triennial central bank survey

... 1814-7356 (online) ISBN 92-9197-840-X (online) Contents Summary of the April 2010 Triennial Central Bank Survey I Background on the Triennial Central Bank Survey II Results of the triennial ... The final results will be published in a detailed report in November 2010 Triennial Central Bank Survey 2010 I Background on the Triennial Central Bank Survey In April this year, 53 central banks ... banks and monetary authorities participated in the eighth Triennial Central Bank Survey of Foreign Exchange and Derivatives Market Activity ( the triennial survey ) The objective of the survey is...

Ngày tải lên: 06/03/2014, 02:21

... opinion on the matter after giving the national central bank concerned the opportunity to submit its observations If the national central bank concerned does not comply with the opinion within the ... between the ECB, on the one hand, and its creditors, debtors or any other person, on the other, shall be decided by the competent national courts, save where jurisdiction has been conferred upon the ... operations Article 32 Allocation of monetary income of national central banks 32.1 The income accruing to the national central banks in the performance of the ESCB's monetary policy function (hereinafter...

Ngày tải lên: 06/03/2014, 10:20

... fulfilled the conditions for adopting the euro.31 The conversion rate between the euro and the Greek drachma had been pre-announced in a Council Regulation32 on the same day The introduction of the ... institutions, the Member States and their central banks were reluctant to assign it policy functions The Agreement of February 1970 among the EEC central banks on the establishment of a short-term monetary ... of Central Banks European Union gross domestic product Harmonised Index of Consumer Prices International Monetary Fund monetary financial institution national central bank Organisation for Economic...

Ngày tải lên: 16/02/2014, 10:20

... includes the definitions of Banking, Board, Women in the boardroom and firm performance, and the descriptions of the theories used to explain the relationships between the two constructs Woman on the ... to the bank at the same time and demands their money (a run on the bank) , there might be problem Even though the Federal Reserve Act requires that banks keep a certain percentage of their money ... Corporation (FDIC) The key to the success of banking, however, still lies in the confidence that consumers have in the bank' s ability to grow and protect their money Because banks rely so heavily on...

Ngày tải lên: 07/03/2014, 15:43

... PCshort uses the market instruments up to and including the one-month rate (EONIA, the one-week and the one-month rate) PClong uses the two and three-month EONIA swap rate and the three-month EURIBOR ... components, the (market’s) uncertainty about the central bank s interpretation of the economy and the uncertainty on the monetary policy objective In short, due to the monetary transmission lags, ... comparable as the operational framework in which the two central banks operate are different, the use of the one-month rate to measure the predictability of the monetary policy decisions of the Fed...

Ngày tải lên: 15/03/2014, 14:20

... (b) the adjustment of the ‘banknotes in circulation’ figures shall take place in the books of the issuing NCB on receipt of the abovementioned notification The amount of ‘banknotes in circulation’ ... purposes: of other banks, central banks, international/supranational institutions including the European Commission; current accounts of other depositors Repo transactions in connection with simul­ ... related to the allocation of euro banknotes within the Euro­ system+) (*) For the NCBs: net claim related to the appli­ cation of the banknote allocation key i.e including the ECB's banknote issue...

Ngày tải lên: 23/03/2014, 03:20

... communication on the activities of the European Central Bank (ECB) at the hear t of the European System of Central Banks (ESCB), along with the national central banks of the 27 European Union Member ... with major economies such as the United States and Japan THE ROAD TO ECONOMIC AND MONETARY UNION The euro area is one of the largest economies in the world, with a population One of the world's ... consists of the European Central Bank and the national central banks of all EU Member States Eurosystem: comprises the European Central Bank and the national central banks of the euro area member...

Ngày tải lên: 29/03/2014, 08:20

... decisions of the ECB are consistent with their national economic conditions most of the time, this may no longer be the case in an enlarged EMU.” 30 Further implications of these differences and the ... recent concerns One major question is whether the European Central Bank s policies are optimal for all the countries in the Eurozone or if they disproportionately favor certain countries in the monetary ... Srivangipuram I Introduction Since the creation of the Euro in 1999, there has been a longstanding debate about the effects of the monetary union on its member countries The recent economic crisis has...

Ngày tải lên: 29/03/2014, 13:20

... it, then the medium takes on more of the character of the television model Whether or not the television model is an appropriate one to guide regulatory policies concerning the Internet, there ... of different contentions about harm, depending on the emphasis one chooses to give them On one hand, it is clear from their reactions that the majority of youth regard their personal unwanted ... said they used the Internet no more than days a week and 61% said they were online hour or less on a usual day when they used the Internet CONCLUSION Given the passions that swirl around the issue...

Ngày tải lên: 29/03/2014, 19:20

... reclamation by reforestation CONCLUSIONS After 20 years since the beginning of reclamation of the northern slopes of the outside spoil bank of the Bełchatów brown coal mine by reforestation there ... retention of soils is of particular importance on spoil banks where only the precipitation-retention water economy exists In the studied area the horizons composed of medium heavy formations (category ... Fig for the initial humus horizon (AinCan) and in Fig for the horizon Can The retention capacity of initial soils of the outside spoil bank was characterized on the basis of water tension in soil...

Ngày tải lên: 07/08/2014, 03:22

... maximization) of the strong influence of EC/Euro-Zone central bankers in the discussions and negotiations leading to the agreements on EMU, the role of the EMI in the preparations for the start ... viii Contents EMU project Conclusion Managing Europe’s Money: the Organization, Powers and Functions of the ECB Introduction Four levels of co-ordination Conclusion The Independence of the ECB ... approaches Conclusion The Long and Winding Road to the ECB: European Monetary Authority in the Prehistory of EMU Introduction The early years of central bank cooperation The Werner Committee and the...

Ngày tải lên: 30/10/2014, 17:11

... any responsibility or liability for reliance by any person on this white paper or any of the information, opinions or conclusions set out in this white paper LONDON 26 Red Lion Square London WC1R ... Bannister “If they are at the top, governments use them to promote their country’s image If they are at the bottom, they probably won’t mention them, but they will make efforts to raise their score.” ... UN survey s ranking The telecommunications and human capital indices use existing national and international data The online services index, on the other hand, is based on primary research by the...

Ngày tải lên: 04/12/2015, 00:06

... communications by central banks to identify “news” about their recent programs of asset purchases We concentrate on the programs of the Federal Reserve and the Bank of England These central banks ... coefficients in the regression have the interpretation of the basis point change in the interest rate in response to a one standard deviation unit increase in the magnitude of the monetary surprise ... variables by the monthly consumer price inflation rate (We deflate by the monthly CPI inflation rate, given the absence of inflation measure at a daily frequency) One possibility for the departure...

Ngày tải lên: 17/02/2014, 03:20

... However, there is remarkably little official information about the practice of the purdah among central banks One reason for this lack of official recognition may be the fact that the practice constitutes ... Note: The table shows the EGARCH estimates of the effects of statements in the pre-FOMC purdah, the post-FOMC purdah, and those outside the purdah period on the conditional mean and the conditional ... characteristics, the table shows the EGARCH estimates of the effects of statements in the pre-FOMC purdah, the post-FOMC purdah, and those outside the purdah period on the conditional mean and the conditional...

Ngày tải lên: 06/03/2014, 09:22

... competition We question the suitability of such indices as measures to capture competition Where the traditional interpretation is that concentration erodes competition, concentration and competition ... Introduction This paper discusses the effects of bank competition on bank loan and deposit rate levels as well as on their responses to changes in market rates and, hence, on the monetary policy ... and cointegration 6.2 Competition and the bank interest-rate pass-through 22 22 Conclusion 28 References 29 Appendix: The estimation of the Boone indicator model 33 European Central Bank Working...

Ngày tải lên: 15/02/2014, 05:20

... sector at the aggregate level Similar conclusions emerge from a comparison of the yield spreads (1) The “Bund” is the abbreviation for the long-term bonds issued by the German government They are ... transmission over the long term, the coefficients θ and δ measure the shortterm dynamic, and u are the error terms The term in the parentheses is the cointegration vector and represents the long-term ... in the euro area have converged strongly since the establishment of the Economic and Monetary Union However, they were affected to different degrees by the effects of the financial crisis and the...

Ngày tải lên: 15/02/2014, 05:20

... commercial banks By the end of the 1970s Congress, concerned about the survival of the traditional bank deposit, began hearings on the possibility of eliminating deposit rate ceilings The costs of these ... center of the United States Thus, if there are statistical regularities to uncover in banking, they should be reflected in the records of these banks The other reason to focus on New York City banks ... earning assets The presumption was—and still is—that the higher these ratios, the lower the quality of the bank' s assets and so the higher its risk Gross losses on earning assets are considered indicators...

Ngày tải lên: 15/02/2014, 05:20

... they contain detailed information on individual loan applicants, including information on their credit risk and their relationship status Second, they comprise detailed monthly information on the ... indeed the case and thus confirm the evidence for U.S banks The higher the HHI in a given savings bank region, i.e the fewer competitors operate in that region, the lower is the acceptance of consumer ... the 1st stage (relationship equation) and the 2nd stage (default equation) The relationship models include all control variables as shown in the previous analyses along with the instruments The...

Ngày tải lên: 16/02/2014, 06:20

... holdings Bank has the highest predicted liquidity according to the stationary distribution and is thus central on 260 of 272 days, bank is the central bank on days and bank 11 is central on the remaining ... probability distribution over the destinations of a dollar that leaves bank i that is defined using the vector of BCLs granted to bank i from all the other banks on date t Conditional on the fact that ... distribution) The second block is a random walk Metropolis-Hastings step to draw a realization 12 The precision is just the inverse of the variance 11 of the θs conditional on the current realization...

Ngày tải lên: 16/02/2014, 12:20

... contributing components Non-vertical integration (D-Type) has only one primary component and only one or two contributing components 10 Africa/Indonesia Team Working Paper Table summarizes the different ... using other transport company) branches All other consist of one branch Throughput (birds per year) 1.85 millionston/year 1.2 million ton/year 1.6 million ton/year NA NA 120 ton/years 120 tons/years ... concrete and efficient actions to handle and control the AI outbreak These actions are commissioned by the National Commission on Avian Influenza and Pandemic Disease and implemented by both central...

Ngày tải lên: 21/02/2014, 01:20