Results 41 to 50 of about 10,468 (236)

Playing with fire? A mean‐field game analysis of fire sales and systemic risk under regulatory capital constraints

Canadian Journal of Statistics, EarlyView.
Abstract We analyze the effect of regulatory capital constraints on financial stability in a large homogeneous banking system using a mean‐field game (MFG) model. Each bank holds cash and a tradable risky asset. Banks choose absolutely continuous trading rates in order to maximize expected terminal equity, with trades subject to transaction costs ...
Rüdiger Frey, Theresa Traxler
wiley   +1 more source

Macroprudential Insurance Regulation: A Swiss Case Study

Risks, 2016
This article provides a case study that analyzes national macroprudential insurance regulation in Switzerland. We consider an insurance market that is based on data from the Swiss private insurance industry.
Philippe Deprez, Mario V. Wüthrich
doaj   +1 more source

The risks of operations with derivative financial instruments as a threat to the financial stability of commercial banks

Економіка, управління та адміністрування, 2023
The article discusses the risks of the operations of commercial banks with derivative financial instruments. The emergence of new types of derivatives for the Ukrainian financial market in recent years, the establishment of provisions on defining their ...
O.V. , A.O.
doaj   +1 more source

Effect of Prudential Policies on Sovereign Bond Markets: Evidence From the ASEAN‐4 Countries

International Journal of Finance &Economics, EarlyView.
ABSTRACT This paper examines the effects of prudential policies on the sovereign vulnerability of ASEAN‐4 countries. We measure sovereign vulnerability within the network connectedness of sovereign bonds between ASEAN‐4 countries (Indonesia, Malaysia, the Philippines and Thailand) and six other countries (the US, the UK, the European Union, China ...
Joshua Aizenman, Gazi Salah Uddin, Tianqi Luo, Ranadeva Jayasekera, Donghyun Park   +4 more
wiley   +1 more source

Climate Change Laws and European Stock Markets: An Event Analysis

International Journal of Finance &Economics, EarlyView.
ABSTRACT Under the context of the climate change we assess the impact of EU's legislative initiative on European stock markets. Specifically, we focus on its impact on energy and Environmental Social Governance (ESG) sectors for equity returns and volatility for a representative basket of EU countries (participating also in Eurozone) as well as ...
Theodoros Bratis, Georgios P. Kouretas, Evangelos Salachas   +2 more
wiley   +1 more source

The Real Effect of Banking Globalisation on Bank Liquidity Creation in China's Banking Sector: Evidence From the Belt and Road Initiative

International Studies of Economics, EarlyView.
ABSTRACT To explore the real effect of banking globalisation on bank liquidity creation, we investigate plausibly exogenous variations in the expectation of further banking globalisation under the Belt and Road Initiative (BRI), which further opens the gate to foreign investors.
Xuanyi Shi, Wenjun Wu, Yifan Chen, Chunyang Wang   +3 more
wiley   +1 more source

Macroprudential Policy and Urban Economic Resilience: Evidence from Chinese Cities

Systems
Macroprudential policy, as an important instrument for counter-cyclical regulation, plays a crucial role in enhancing urban economic resilience. Based on this, this paper empirically examines the influence of macroprudential policy on urban economic ...
Leyi Wang, Guozhen Zhang, Yulu Sun
doaj   +1 more source

From Global Mapping to Local Action: Green Finance, Regulatory Frameworks, and Policy Transformation for Sustainable Energy Transition in Qatar and Türkiye

Sustainable Development, EarlyView.
ABSTRACT In 2024, global annual issuance exceeded USD 1.1 trillion mostly through green bonds, credits, and sustainability‐linked instruments, yet significant regional disparities remain. This article examines how Qatar and Türkiye, two hydrocarbon‐dependent but rapidly transitioning economies, are integrating green finance into their sustainability ...
Furkan Ahmad, Ameni Boumaiza, Mehmet Yazici, Nevin Taşaltın, Samet Özmen   +4 more
wiley   +1 more source

Advancing Sustainable Industrialization Under SDG 9: The Role of Financial Globalization and Income Inequality

Sustainable Development, EarlyView.
ABSTRACT This paper investigates how income inequality and financial globalization shape sustainable industrialization across 87 countries over 2000–2022, using the SDG 9 composite index as the outcome and the Method of Moments Quantile Regression (MMQR) to capture heterogeneous effects.
Özge Kozal, Daniel Balsalobre‐Lorente
wiley   +1 more source

Countercyclical prudential tools in an estimated DSGE model

Latin American Journal of Central Banking, 2023
We developed a dynamic stochastic general equilibrium (DSGE) model for a small, open economy with a banking sector and endogenous default to assess two macroprudential tools: countercyclical capital buffers (CCB) and dynamic provisions (DP). The model is
Serafín Frache, Javier García-Cicco, Jorge Ponce   +2 more
doaj   +1 more source