Results 121 to 130 of about 35,019 (249)
Building a restructuring hub: Lessons from Singapore
American Business Law Journal, Volume 62, Issue 4, Page 271-287, Winter 2025.Abstract This article seeks to analyze the legal, market, and institutional features needed to become an international hub for debt restructuring. To that end, it examines the strategy adopted by Singapore as well as the market and institutional factors generally found in other leading legal and financial centers such as the United States, the United ...
Aurelio Gurrea‐Martínez
wiley +1 more source
Collateral‐Based Monetary Policy: Evidence From China
International Economic Review, Volume 66, Issue 5, Page 1839-1881, December 2025.ABSTRACT We exploit the unique institutional features of Chinese bond markets to estimate the causal effect of collateral‐based monetary policy on asset prices and the real economy. A policy change allowed certain bonds to be used as collateral for the Medium‐Term Lending Facility in the interbank market, while the same bonds in the exchange market ...
Hanming Fang, Yongqin Wang, Xian Wu
wiley +1 more source
Microprudential bank capital regulation in a complex system. [PDF]
Heliyon, 2023 McKeever D.
europepmc +1 more source
Digital Euro Holding Limits and Monetary Policy Implementation: A Microdata‐Based Perspective
International Finance, Volume 28, Issue 3, Page 158-179, Winter 2025.ABSTRACT This paper conducts a quantitative analysis to calculate a potential digital euro (D€) holding limit robust to adverse conditions. It draws on a detailed and unique data set that includes individual bank level data for the entire euro area.
Hendrik Becker, Lennart Grabia
wiley +1 more source
CVA calculation for CDS on super senior ABS CDO [PDF]
The way monoline insurers estimate the FAS 157 credit value adjustments (CVA) on their ABS CDO insurance portfolios vastly overstates the benefits. We propose a simple method that is more accurate, especially when the counterparty default risk is high ...
Li, Hui
core +1 more source
Going for Broke: Bank Reputation and the Performance of Opaque Securities
The Journal of Finance, Volume 80, Issue 6, Page 3263-3312, December 2025.ABSTRACT Can banks’ reputational concerns improve the quality of opaque, off‐balance sheet securities, such as mortgage‐backed securities? We study this question in a uniquely parsimonious setting. In the 1760s, Dutch banking partnerships securitized West‐Indian plantation mortgages that were risky and opaque.
ABE DE JONG +2 more
wiley +1 more source
Optimal Central Counterparty Risk Management [PDF]
In order to protect themselves against the potential losses in case of a participant's default and to contain systemic risk, central counterparties (CCPs) need to maintain sufficient financial resources.
Andy Sturm, Philipp Haene
core
Gambling for market recovery? European insurers' corporate bond investments during market stress
Journal of Risk and Insurance, Volume 92, Issue 4, Page 857-908, December 2025.Abstract Using daily stock market data for European insurers, I investigate how a stock market contraction, as experienced during the COVID‐19 pandemic, affects insurers' credit risk allocation of their corporate bond portfolio. I find that insurers shift their portfolio holdings pro‐cyclically towards lower credit risk assets in the first month of the
Marcel Beyer
wiley +1 more source
How does risk information dissemination affect risk contagion in the interbank market? [PDF]
PLoS One, 2022 Li Z, Liu X.
europepmc +1 more source
TYPOLOGY OF CREDIT RISK IN ECONOMY [PDF]
Buletin ştiinţific: Universitatea din Piteşti. Seria Ştiinţe Economice, 2019 Today, many techniques are known regarding credit risk management, starting from traditional techniques of risk exposure assessment, aimed at limiting excessive concentration at the level of the debtor, sector of activity, industrial branch, etc., until ...
Marinela BARBULESCU, Alina HAGIU
doaj