Results 71 to 80 of about 687 (201)
The Liquidity Sprint: Short‐Term Cash Needs and Access to Credit
European Financial Management, EarlyView.ABSTRACT We identify the causal drivers of the COVID‐19 ‘dash‐for‐cash’ in Europe using a hand‐collected panel of Euro‐area firms (2018‐Q4–2020‐Q3). Exploiting regional infection intensity as an instrument, we find that a one‐unit EBITDA decline raised credit‐line utilization by 15.5 percentage points in 2020‐Q2. Unlike the US ‘fallen‐angel’ narrative,
Mario Cerrato +2 more
wiley +1 more source
Global Banks and Local Rules: The Effects of Macroprudential Policy on US Bank Branch Lending
European Financial Management, EarlyView.ABSTRACT The discretionary nature of macroprudential policy implementation may stimulate regulatory arbitrage opportunities by global banks, undermining national regulators’ efforts to fine‐tune business, credit or financial cycles within the domestic perimeter. This paper examines how local macroprudential tools affect the lending behaviour of foreign
Carmela D'Avino +3 more
wiley +1 more source
Macroprudential Policy and Credit Supply [PDF]
Swiss Journal of Economics and Statistics, 2016 SummaryIn this paper we analyze financial crises and the interactions of macroprudential policy and credit. Financial crises are recurrent systemic phenomena, often triggering deep and long-lasting recessions with large reductions in aggregate welfare, output and employment Importantly for policy, systemic financial crises are typically not random ...
openaire +5 more sources
Geopolitical Risk and Domestic Bank Deposits
Financial Management, EarlyView.ABSTRACT We investigate the relationship between global geopolitical risk and bank deposit flows across a wide panel of European countries. Motivated by the pivotal role of deposit stability for financial intermediation and systemic resilience, we explore whether geopolitical shocks alter depositors’ portfolio choices.
Dimitris Anastasiou +3 more
wiley +1 more source
Evaluation of central bank independence, macroprudential policy, and credit gap in developing countries. [PDF]
PLoS One, 2023 Anwar CJ +4 more
europepmc +1 more source
Macroprudential policy with leakages [PDF]
Journal of International Economics, 2018 Julien Bengui, Javier Bianchi
openaire +1 more source
A Horse Race of Machine‐Learning Methods to Predict Banking Crises
International Finance, EarlyView.ABSTRACT To examine if one machine‐learning model can consistently elucidate financial vulnerabilities, both over time and across levels of development, this paper applies 13 machine‐learning algorithms to evaluate comparative forecasting performance across several banking crises.
Emile du Plessis
wiley +1 more source
JCMS: Journal of Common Market Studies, EarlyView.Abstract Following the global financial crisis, European financial authorities introduced a host of new initiatives intended to advance market integration, improve the quality of bank oversight and enhance both economic stability and prospects for growth.
Dóra Piroska, Rachel A. Epstein
wiley +1 more source
REFLECTIONS ON THE CREATION OF A NEW ARCHITECTURE OF THE MONETARY AND MACROPRUDENTIAL POLICY PROCESS* [PDF]
Economica, 2019 The article explains the conceptual principles of macro-prudential policy, a new political focus. Such a political concept involves four steps: defining policy objectives for macroprudential policies, choosing intermediate targets and indicators ...
Natalia STEFIRTA
doaj
Macroprudential Policy on Banking Sector in Indonesia
Trikonomika, 2018 This study investigates the implementation of macroprudential policy on banking sector and society. The research applied a descriptive analysis by using an in-depth interview with Bank Indonesia, representative of commercial bank, and society. The result
Feny Putri Emyliani +3 more
doaj +1 more source