Results 31 to 40 of about 4,182,894 (137)
Exploring an uncharted market: Evidence on the unsecured Swiss franc money market [PDF]
To date, various central banks have lacked detailed statistical evidence on developments in the unsecured interbank money market. Furfine (1999) introduced the idea of calculating unsecured overnight interbank lending by using data of a RTGS system ...
Silvio Schumacher +2 more
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Abstract Using a monthly panel covering the full population of German banks from 1999 to 2024, this paper documents a structural break in the bank lending channel following the introduction of the Single Supervisory Mechanism (SSM) in November 2014. The empirical strategy combines fixed‐effects panel regressions, difference‐in‐differences estimations ...
Talena Wahl
wiley +1 more source
The Transaction Network in Japanfs Interbank Money Markets [PDF]
Interbank payment and settlement flows have changed substantially in the last decade. This paper applies social network analysis to settlement data from the Bank of Japan Financial Network System (BOJ-NET) to examine the structure of transactions in the ...
Kei Imakubo, Yutaka Soejima
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Central Bank Digital Currencies, Financial Inclusion, and Privacy: A Normative Perspective
ABSTRACT Central bank digital currencies (CBDCs) are a digital form of a nation's money, issued by its central bank. As opposed to other forms of digital money, such as electronic bank balances or cryptocurrencies, they are centrally managed legal tender.
Andrew Allison, Alexander William Salter
wiley +1 more source
Why do we have an interbank money market? [PDF]
The interbank money market plays a key role in the execution of monetary policy. Hence, it is important to know the functioning of this market and the determinants of the interbank money market rate.
Ulrike Neyer, Jürgen Wiemers
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ABSTRACT This study investigates the impact of environmental attention on cryptocurrency market volatility by introducing the Crypto Environmental Attention Index (CEAI), a new metric inspired by Wang et al. (2022) and constructed using daily web search data.
Ines Ghazouani +2 more
wiley +1 more source
Interbank Exposures: An Empirical Examination of Systemic Risk in the Belgian Banking System [PDF]
Robust (cross-border) interbank markets are important for the well functioning of modern financial systems.Yet, a network of interbank exposures may lead to domino effects following the event of an initial bank failure.The structure of the interbank ...
Nguyen, G., Degryse, H.A.
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Based on real-time trade data from the Swiss franc overnight interbank repo market and SIX Interbank Clearing (SIC) - the Swiss real-time gross settlement (RTGS) system - we are able to gain valuable insights on the daytime value of money and its ...
Sébastien Kraenzlin, Thomas Nellen
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Imperfect Interbank Markets and the Lender of Last Resort [PDF]
This paper presents a monetary model in which interbank markets bear limited commitment to contracts. Limited commitment reduces the proportion of assets that can be used as collateral, and thus banks with high liquidity demands face borrowing ...
Tarishi Matsuoka
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Does a bank levy increase frictions on the interbank market? [PDF]
The crisis has shown that a drop in liquidity, as well as the shortened maturity of interbank transactions, has caused many problems for banks.
Mielus, Piotr +3 more
core

