Results 61 to 70 of about 2,647 (311)
International Insolvency Review, EarlyView.Abstract Although a local experiment, the promulgation of the Regulations of Shenzhen Special Economic Zone on Personal Bankruptcy (SPBR) in 2020 was hailed as a significant milestone in China's insolvency lawmaking which has thus far addressed only corporate insolvencies.
Jenny Fu, Jin Chun
wiley +1 more source
Investigating the Factors Affecting Banks' Reliance on Central Bank Resources Using the GMM Method [PDF]
مطالعات مالی و بانکداری اسلامی, 2017 The central role of the central bank as the regulator of the monetary and credit system of the country plays the role of a lender of last resort in order to support banks to avoid deficit of liquidity and financial crises. The purpose of this study is to
Mohammad Ali Dehghan Dehnavi +1 more
doaj
As reformas monetárias e o euro
Notas Económicas, 2018 The creation of the Euro is discussed in this text in the context of the monetary reforms historically proposed by economists. Our reflection is made in terms of monetary orders based on commodities, the consequences of the legal tender and not ...
João Sousa Andrade
doaj +1 more source
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
core
Green swans and blue skies: Climate change and insolvency risk for financial institutions
International Insolvency Review, EarlyView.Abstract This lecture in honour of the late Gabriel Moss QC and Ian Fletcher QC examines the challenge of climate‐related financial risk. Prudential regulators and central banks recognize that the systemic nature of climate‐related financial risk makes it an emerging vulnerability relevant to cross‐border insolvency resolution.
Janis Sarra
wiley +1 more source
Recent changes in London’s money market arrangements
PSL Quarterly Review, 2013 Despite numerous changes over the past 20 years, there can be little doubt that the 12 discount houses still constitute the core of money market arrangements in London. They form the London Discount Market Association and they have accounts with the Bank
J.S.G. WILSON
doaj +1 more source
The lender of last resort : alternative views and historical experience [PDF]
Four views on the proper role of the lender of last resort are defined. Historical evidence is given on the causes of banking panics in the U.S. and other countries and the roles lenders of last resort played in resolving them.Banks and banking - History
Michael D. Bordo
core
Full Dollarisation and Economic Performance Revisited
International Journal of Finance &Economics, EarlyView.ABSTRACT This paper examines the economic performance of fully dollarised economies compared to those with alternative monetary regimes. Using an extensive dataset covering 192 countries from 1980 to 2021, we employ a variety of econometric techniques, including joint maximum likelihood and propensity score matching, to address endogeneity and ...
John Thornton, Chrysovalantis Vasilakis
wiley +1 more source
PAYMENT SYSTEMS AND THE ROLE OF THE CENTRAL BANK OF ROMANIA [PDF]
Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie, 2014 The management of payment and settlement systems is one of the traditional functions of central banks that seeks to ensure financial stability.
MARIA VASILESCU
doaj
Implementing an International Lender of Last Resort [PDF]
Current research discusses various general frameworks for installing an international lender of last resort (ILOLR). However, it remains unclear how the ILOLR should actually operate. This paper discusses six different options of construction of an ILOLR
Tobias Knedlik
core