The Role Of The Banking System In The International Transmission Of Shocks PDF Download
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| Author | : Nicola Cetorelli |
| Publisher | : DIANE Publishing |
| Total Pages | : 41 |
| Release | : 2010-11 |
| Genre | : Business & Economics |
| ISBN | : 1437933874 |
Download Global Banks and International Shock Transmission Book in PDF, ePub and Kindle
Global banks played a significant role in transmitting the 2007-09 financial crisis to emerging-market (EM) economies. The authors examine adverse liquidity shocks on main developed-country banking systems and their relationships to EM across Europe, Asia, and Latin Amer., isolating loan supply from loan demand effects. Loan supply in EM across Europe, Asia, and Latin Amer. was affected significantly through three separate channels: (1) a contraction in direct, cross-border lending by foreign banks; (2) a contraction in local lending by foreign banks¿ affiliates in EM; and (3) a contraction in loan supply by domestic banks, resulting from the funding shock to their balance sheets induced by the decline in interbank, cross-border lending. Charts and tables.
| Author | : M. Sbarcia |
| Publisher | : |
| Total Pages | : 0 |
| Release | : 2001 |
| Genre | : |
| ISBN | : |
Download The role of the banking system in the international transmission of shocks Book in PDF, ePub and Kindle
| Author | : Massimo Sbracia |
| Publisher | : |
| Total Pages | : 56 |
| Release | : 2001 |
| Genre | : Bank liquidity |
| ISBN | : |
Download The Role of the Banking System in the International Transmission of Shocks Book in PDF, ePub and Kindle
| Author | : M. Sbracia |
| Publisher | : |
| Total Pages | : 0 |
| Release | : 2001 |
| Genre | : |
| ISBN | : |
Download Role of the Banking System in the International Transmission of Shocks Book in PDF, ePub and Kindle
| Author | : Mr.Philippe D Karam |
| Publisher | : International Monetary Fund |
| Total Pages | : 38 |
| Release | : 2014-11-19 |
| Genre | : Business & Economics |
| ISBN | : 1498348394 |
Download The Transmission of Liquidity Shocks Book in PDF, ePub and Kindle
We analyze the transmission of bank-specific liquidity shocks triggered by a credit rating downgrade through the lending channel. Using bank-level data for US Bank Holding Companies, we find that a credit rating downgrade is associated with an immediate and persistent decline in access to non-core deposits and wholesale funding, especially during the global financial crisis. This translates into a reduction in lending to households and non-financial corporates at home and abroad. The effect on domestic lending, however, is mitigated when banks (i) hold a larger buffer of liquid assets, (ii) diversify away from rating-sensitive sources of funding, and (iii) activate internal liquidity support measures. Foreign lending is significantly reduced during a crisis at home only for subsidiaries with weak funding self-sufficiency.
| Author | : Güneş Kamber |
| Publisher | : |
| Total Pages | : |
| Release | : 2013 |
| Genre | : Banks and banking |
| ISBN | : |
Download Financial Exposure and the International Transmission of Financial Shocks Book in PDF, ePub and Kindle
| Author | : Galina Hale |
| Publisher | : International Monetary Fund |
| Total Pages | : 38 |
| Release | : 2016-04-12 |
| Genre | : Business & Economics |
| ISBN | : 1475551347 |
Download Crisis Transmission in the Global Banking Network Book in PDF, ePub and Kindle
We study the transmission of financial sector shocks across borders through international bank connections. For this purpose, we use data on long-term interbank loans among more than 6,000 banks during 1997-2012 to construct a yearly global network of interbank exposures. We estimate the effect of direct (first-degree) and indirect (second-degree) exposures to countries experiencing systemic banking crises on bank profitability and loan supply. We find that direct exposures to crisis countries squeeze banks' profit margins, thereby reducing their returns. Indirect exposures to crisis countries enhance this effect, while indirect exposures to non-crisis countries mitigate it. Furthermore, crisis exposures have real effects in that they reduce banks' supply of domestic and cross-border loans. Our results, based on a large global sample, support the notion that interconnected financial systems facilitate shock transmission.
| Author | : Mr.Giovanni Dell'Ariccia |
| Publisher | : International Monetary Fund |
| Total Pages | : 54 |
| Release | : 2018-09-07 |
| Genre | : Business & Economics |
| ISBN | : 1484359623 |
Download Managing the Sovereign-Bank Nexus Book in PDF, ePub and Kindle
This paper reviews empirical and theoretical work on the links between banks and their governments (the bank-sovereign nexus). How significant is this nexus? What do we know about it? To what extent is it a source of concern? What is the role of policy intervention? The paper concludes with a review of recent policy proposals.
| Author | : International Monetary Fund. Strategy, Policy, & Review Department |
| Publisher | : International Monetary Fund |
| Total Pages | : 45 |
| Release | : 2010-04-10 |
| Genre | : Business & Economics |
| ISBN | : 1498336752 |
Download Understanding Financial Interconnectedness Book in PDF, ePub and Kindle
This paper seeks to advance our understanding of global financial interconnectedness by (i) mapping aspects of the architecture of global finance and (ii) investigating critical fault lines related to interconnectedness along which systemic risks were built up and shocks transmitted in the crisis. It thus takes initial steps toward operationalizing enhanced financial sector and macro-financial surveillance called for by the IMF’s Executive Board and by experts such as de Larosiere et al. (2009). Getting a better handle on interconnectedness would strengthen the Fund‘s ability, together with the Financial Stability Board, to track systemic risk concentrations. It would also inform spillover and vulnerability analyses, and sharpen bilateral and multilateral surveillance.
| Author | : George Chacko |
| Publisher | : FT Press |
| Total Pages | : 258 |
| Release | : 2011-06-08 |
| Genre | : Business & Economics |
| ISBN | : 0132172984 |
Download The Global Economic System Book in PDF, ePub and Kindle
Written for financial professionals, the authors thoroughly explain the modern global credit system; the roles of banks, hedge funds, insurers, central banks, mortgage markets, and other participants; and the credit-related instruments they rely on. In particular, the authors illuminate the crucial importance of liquidity, and show why liquidity failures have been the key cause of all major market crashes for the past several decades. The Global Financial System thoroughly examines economic environments in which slow de-leveraging leads to prolonged sluggish growth, and compares today's environment to other periods of deleveraging, such as the Great Depression and the Japanese economic meltdown of the '90s and '00s. It predicts potential pathways for the current crisis, and offers essential guidance to both policymakers and investment decision-makers.
