Results 111 to 120 of about 3,865,061 (285)

The Value of Bank Lending

The Journal of Finance, Volume 80, Issue 4, Page 2017-2061, August 2025.
ABSTRACT Using a novel data set of realized syndicated loan cash flows and a risk‐adjustment methodology adapted from the private equity literature, I provide a measure of risk‐adjusted returns for bank loan cash flows. Banks, on average, generate 180 basis points in gross risk‐adjusted returns and add $75 million of value annually to their loan ...
THOMAS FLANAGAN
wiley   +1 more source

Monetary and macroprudential policy in a commodity exporting economy: A structural model analysis

Central Bank Review, 2018
We build a structural small open economy model to examine the impact of monetary and macroprudential policy actions in a commodity exporting economy. The model incorporates labor market, credit market, macroprudential policy tools such as time-varying ...
Gan-Ochir Doojav, Undral Batmunkh
doaj  

A Structural Vector Autoregression Exploration of South Africa’s Monetary and Macroprudential Policy Interactions

Economies
Interactions between monetary and macroprudential policy are crucial in safeguarding price and financial stability. This study investigates the macroeconomic and financial impacts of monetary and macroprudential policy interactions in South Africa, a ...
Khwazi Magubane, Ntokozo Patrick Nzimande   +1 more
doaj   +1 more source

Monetary and macroprudential policies [PDF]

We use a dynamic general equilibrium model featuring a banking sector to assess the interaction between macroprudential policy and monetary policy. We find that in "normal" times (when the economic cycle is driven by supply shocks) macroprudential policy
Fabio Panetta, Paolo Angelini, Stefano Neri   +2 more
core  

Negative interest rate policy and bank risk‐taking: Search for yield or de‐leverage?

International Journal of Finance &Economics, Volume 30, Issue 3, Page 2450-2469, July 2025.
Abstract Since 2012, many central banks have implemented negative interest rate policies (NIRPs). While two opposing hypotheses about the effectiveness of NIRPs have emerged in the academic: the “de‐leverage effect” and the “search‐for‐yield effect.” The long‐term use of NIRPs provides a rare and important setting to re‐examine the relationship between
Wenjin Tang, Weichang Chen, Xiaorui Ma, Chengbo Fu   +3 more
wiley   +1 more source

Marrying Monetary Policy with Macroprudential Regulation: Exploration of Issues [PDF]

Since the eruption of the global financial crisis in 2008, macroprudential regulation has become a mantra in the regulatory world. The soon-to-be-widespread adoption of macroprudential tools will inevitably affect the dynamics of the economy and ...
Don Nakornthab Phurichai, Rungcharoenkitkul   +1 more
core  

Asymmetric markup responses to monetary shocks over the business cycle

Economica, Volume 92, Issue 367, Page 757-782, July 2025.
Abstract A rich literature has long studied the asymmetric effects of monetary policy over the business cycle, generally presenting mixed results. Most of the empirical work, however, focuses on the responses of output and prices. Our analysis centres on the dynamics of the markup, given the key role that it plays in the transmission of monetary policy,
Nicolás Blampied, Scott Mark Romeo Mahadeo   +1 more
wiley   +1 more source

The Impact of Banking Policies to the Macroprudential Policy

JEJAK, 2020
The interaction between banks and macroeconomics is of crucial importance to financial stability. This study aims to answer the question of how macroeconomic shocks are transmitted to banking variables or vice versa. The study investigated the impact of the banking policies, the principal component of analysis (PCA) of banking quality indicators (CAMEL)
Sudarso Kaderi Wiryono, Desy Kharohmayani   +1 more
openaire   +4 more sources

The global financial cycle and capital flows: Taking stock

Journal of Economic Surveys, Volume 39, Issue 3, Page 779-805, July 2025.
Abstract Since the global financial crisis, a rich and expanding literature on the so‐called global financial cycle (GFCy) has emerged. This has fueled a debate in academic and policy circles on how to measure the GFCy, and how it impacts international capital flows, possibly in a time‐varying way.
Beatrice Scheubel, Livio Stracca, Cédric Tille   +2 more
wiley   +1 more source

Macroprudential Policy, Countercyclical Bank Capital Buffers and Credit Supply: Evidence from the Spanish Dynamic Provisioning Experiments [PDF]

, 2012
Gabriel Jiménez, Steven Ongena, José‐Luis Peydró, Jesús Saurina Salas   +3 more
openalex   +3 more sources