Results 131 to 140 of about 2,647 (311)
Federal Reserve: Lender of Last Resort Functions
This report focuses on one particular responsibility: to act as a lender of last resort to the financial system to prevent financial ...
Labonte, Marc
core
Abstract Asset managers, private equity firms and other institutional investors have assumed an increasingly important role in the ownership and management of housing and infrastructure since the Global Financial Crisis. This article analyses how social housing in London is being transformed into a financial asset through an analysis of ‘income strip ...
Aretousa Bloom, Joe Penny
wiley +1 more source
"Micro-aspects of Monetary Policy: Lender of Last Resort and Selection of Banks in Pre-war Japan" [PDF]
This paper explores how the Bank of Japan (BOJ) dealt with the trade-off between stability of the financial system and the moral hazard of banks in pre-war Japan.
Tetsuji Okazaki
core
Abstract Growing evidence supports the efficacy of various psychosocial interventions yet provides very little information about the potential harms and burdens of treatment. Lacking such information makes it difficult to make truly informed decisions about treatment options.
Raquel W. Halfond +2 more
wiley +1 more source
How does government-backed finance affect SMEs' crisis predictors? [PDF]
Gai L, Arcuri MC, Ielasi F.
europepmc +1 more source
Lender of Last Resort and Bank Closure Policy
During the last decades a consensus has emerged that it is impossible to disentangle liquidity shocks from solvency shocks. As a consequence the classical lender of last resort rules, as defined by Thornton and Bagehot, based on lending to solvent ...
FREIXAS X, PARIGI, BRUNO MARIA
core
ABSTRACT This paper studies how partisan alignment between city leaders and state governors shapes information processing and bond pricing in the municipal bond market. Using a novel data set on 1,045 U.S. cities from 2005 to 2019, we show that cities with the same political affiliation as the state governor face 9 basis points lower borrowing costs ...
RAMONA DAGOSTINO, ANYA NAKHMURINA
wiley +1 more source
Learning from Mistakes: How the 1825 Crisis Led to Advances in Macroeconomics
This paper demonstrates that prior to the 1825 crisis the Bank of England directors had a limited understanding of the nature of the early 19th century bank-based money supply and of how their policies determining the circulation of Bank notes could ...
Carolyn Sissoko
doaj +2 more sources
Accounting Rules and the Labor Market for Accountants
ABSTRACT In this study, I explore how accounting rules—in particular the restrictiveness of GAAP—have impacted the labor market for accountants. I find that when the rules become more restrictive, there are fewer students majoring in accounting and fewer accountants and auditors overall. The overall number of accounting positions that firms recruit for
ANTHONY LE
wiley +1 more source
Unconventional monetary policies in an agent-based model with mark-to-market standards. [PDF]
Guerini M +4 more
europepmc +1 more source

