Skip to main navigation Skip to main content
info(at)avldigital.remove-this.de
Deutsch English
Last searches

Results for *

Displaying results 1 to 12 of 12.

  1. Bank capital in the short and in the long run
    Author: Mendicino, Caterina; Nikolov, Kalin; Suárez, Javier; Supera, Dominik
    Published: August 2018
    Publisher:  Centro de estudios monetarios y financieros, Madrid, Spain

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    VS 508
    Inter-library loan:
    No inter-library loan
    Export to reference management software   RIS file
      BibTeX file
    Content information
    Volltext (kostenfrei)
    Volltext (kostenfrei)
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Working paper / CEMFI ; 1807
    Subjects: Finanzmarktaufsicht; Basler Akkord; Bankrisiko; Financial Frictions; Wohlfahrtsanalyse; Finanzsystem
    Scope: 1 Online-Ressource (circa 44 Seiten), Illustrationen
  2. Bank capital in the short and in the long run
    Author: Mendicino, Caterina; Nikolov, Kalin; Suárez, Javier; Supera, Dominik
    Published: 03 September 2018
    Publisher:  Centre for Economic Policy Research, London

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    W 32 (13152)
    Inter-library loan:
    Unlimited inter-library loan, copies and loan
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Print
    Series: Discussion paper series / Centre for Economic Policy Research ; DP13152
    Subjects: Bank; Bankrisiko; Kapitalbedarf; Geldpolitik; Finanzmarktaufsicht
    Scope: 41 Seiten, Illustrationen
    Notes:

    Erscheint auch als Online-Ausgabe
  3. Bank capital in the short and in the long run
    Author: Mendicino, Caterina; Nikolov, Kalin; Suárez, Javier; Supera, Dominik
    Published: [2019]
    Publisher:  European Central Bank, Frankfurt am Main, Germany

    How far should capital requirements be raised in order to ensure a strong and resilient banking system without imposing undue costs on the real economy? Capital requirement increases make banks safer and are beneficial in the long run but also entail... more

    Access:
    Resolving-System (kostenfrei)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    DS 534
    Inter-library loan:
    No inter-library loan

     

    How far should capital requirements be raised in order to ensure a strong and resilient banking system without imposing undue costs on the real economy? Capital requirement increases make banks safer and are beneficial in the long run but also entail transition costs because their imposition reduces credit supply and aggregate demand on impact. In the baseline scenario of a quantitative macro-banking model, 25% of the long-run welfare gains are lost due to transitional costs. The strength of monetary policy accommodation and the degree of bank riskiness are key determinants of the trade-off between the short-run costs and long-run benefits from changes in capital requirements.

     
    Export to reference management software   RIS file
      BibTeX file
    Content information
    Volltext (kostenfrei)
    Volltext (kostenfrei)
    Source: Union catalogues
    Language: English
    Media type: Ebook
    Format: Online
    ISBN: 9789289935487
    Other identifier:
    hdl: 10419/208320
    Series: Working paper series / European Central Bank ; no 2286 (May 2019)
    Scope: 1 Online-Ressource (circa 35 Seiten), Illustrationen
  4. Optimal dynamic capital requirements
    Author: Mendicino, Caterina; Nikolov, Kalin; Suárez, Javier; Supera, Dominik
    Published: December 2016
    Publisher:  CEMFI, Centro de estudios monetarios y financieros, Madrid

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Inter-library loan:
    No inter-library loan
    Export to reference management software   RIS file
      BibTeX file
    Content information
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Working paper / CEMFI ; 1614
    Subjects: Macroprudential policy; bank fragility; capital requirements; financial frictions; default risk
    Scope: 1 Online-Ressource (circa 48 Seiten), Illustrationen
  5. Monetary policy, labor income redistribution and the credit channel
    evidence from matched employer-employee and credit registers
    Author: Jasova, Martina; Mendicino, Caterina; Panetti, Ettore; Peydró, José-Luis; Supera, Dominik
    Published: September 2021
    Publisher:  Universitat Pompeu Fabra, Department of Economics and Business, Barcelona

    Access:
    Verlag (kostenfrei)
    Verlag (kostenfrei)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    VS 574
    Inter-library loan:
    No inter-library loan
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Edition: This version: September 12, 2021
    Series: Economics working paper series ; no. 1832
    Subjects: Monetary policy; labor income inequality; firm balance sheet channel; bank lending channel; capital-skill complementarity
    Scope: 1 Online-Ressource (circa 60 Seiten), Illustrationen
  6. Monetary policy, labor income redistribution and the credit channel
    evidence from matched employer-employee and credit registers
    Author: Jašová, Martina; Mendicino, Caterina; Panetti, Ettore; Peydró, José-Luis; Supera, Dominik
    Published: [2021]
    Publisher:  BSE, Barcelona School of Economics, [Barcelona]

    Access:
    Verlag (kostenfrei)
    Verlag (kostenfrei)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    VS 541
    Inter-library loan:
    No inter-library loan
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Edition: This version: September 12, 2021
    Series: BSE working paper ; 1338 (September 2021)
    Subjects: Monetary policy; labor income inequality; firm balance sheet channel; bank lending channel; capital-skill complementarity
    Scope: 1 Online-Ressource (circa 60 Seiten), Illustrationen
  7. Monetary policy, labor income redistribution and the credit channel
    evidence from matched employer-employee and credit registers
    Author: Jasova, Martina; Mendicino, Caterina; Panetti, Ettore; Peydró, José-Luis; Supera, Dominik
    Published: 14 September 2021
    Publisher:  Centre for Economic Policy Research, London

    Access:
    Verlag (lizenzpflichtig)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    LZ 161
    Inter-library loan:
    No inter-library loan

    Location:
    Universitätsbibliothek Mannheim
    Inter-library loan:
    No inter-library loan
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Array ; DP16549
    Subjects: Monetary policy; Labor income inequality; Firm balance sheet channel; Banklending channel; Capital-skill complementarity
    Scope: 1 Online-Ressource (circa 62 Seiten), Illustrationen
  8. Twin default crises
    Author: Mendicino, Caterina; Nikolov, Kalin; Rubio-Ramírez, Juan Francisco; Suárez, Javier; Supera, Dominik
    Published: 05 March 2020
    Publisher:  Centre for Economic Policy Research, London

    Access:
    Verlag (lizenzpflichtig)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    LZ 161
    Inter-library loan:
    No inter-library loan

    Location:
    Universitätsbibliothek Mannheim
    Inter-library loan:
    No inter-library loan
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Edition: This revision 05 March 2020
    Series: Array ; DP14427
    Scope: 1 Online-Ressource (circa 61 Seiten), Illustrationen
  9. Central bank credibility, long-term yields and the effects of monetary integration
    Author: Kolasa, Marcin; Supera, Dominik
    Published: January 2021
    Publisher:  Szkoła Główna Handlowa w Warszawie, Warszawa

    Access:
    Verlag (kostenfrei)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    VS 595
    Inter-library loan:
    No inter-library loan
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Collegium of Economic Analysis working paper series ; number: 2021, 061
    Subjects: monetary integration; bond yields; central bank credibility
    Scope: 1 Online-Ressource (circa 27 Seiten), Illustrationen
  10. Policy uncertainty, lender of last resort and the real economy
    Author: Jasova, Martina; Mendicino, Caterina; Supera, Dominik
    Published: [2021]
    Publisher:  European Central Bank, Frankfurt am Main, Germany

    We show that a reduction in lender of last resort (LOLR) policy uncertainty posi-tively affects bank lending and propagates to investment and employment. We exploita unique policy that reduced uncertainty regarding the availability of future... more

    Access:
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)
    Resolving-System (kostenfrei)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    DS 534
    Inter-library loan:
    No inter-library loan

     

    We show that a reduction in lender of last resort (LOLR) policy uncertainty posi-tively affects bank lending and propagates to investment and employment. We exploita unique policy that reduced uncertainty regarding the availability of future LOLRfunding for banks as a quasi-natural experiment. Using micro-level data on banks, firms and loans in Portugal, we generate cross-sectional variation in banks' exposureto uncertainty and find that the size of thehaircut subsidy - the gap between privatemarket and central bank security valuations - plays a key role in the propagation ofthe shock to lending and the real economy.

     
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Ebook
    Format: Online
    ISBN: 9789289945219
    Other identifier:
    hdl: 10419/234075
    Series: Working paper series / European Central Bank ; no 2521 (February 2021)
    Subjects: Bank Credit; Haircut Subsidy; Central Bank Liquidity; Policy Uncertainty; Firm-level Employment and Investment
    Scope: 1 Online-Ressource (circa 67 Seiten), Illustrationen
  11. Twin default crises
    Author: Mendicino, Caterina; Nikolov, Kalin; Rubio-Ramírez, Juan Francisco; Suárez, Javier; Supera, Dominik
    Published: [2020]
    Publisher:  European Central Bank, Frankfurt am Main, Germany

    We study the interaction between borrowers' and banks' solvency in a quantitative macroeconomic model with financial frictions in which bank assets are a portfolio of defaultable loans. We show that ex-ante imperfect diversification of bank lending... more

    Access:
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)
    Resolving-System (kostenfrei)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    DS 534
    Inter-library loan:
    No inter-library loan

     

    We study the interaction between borrowers' and banks' solvency in a quantitative macroeconomic model with financial frictions in which bank assets are a portfolio of defaultable loans. We show that ex-ante imperfect diversification of bank lending generates bank asset returns with limited upside but significant downside risk. The asymmetric distribution of these returns and their implications for the evolution of bank net worth are important for capturing the frequency and severity of twin default crises - simultaneous rises in firm and bank defaults associated with sizeable negative effects on economic activity. As a result, our model implies higher optimal capital requirements than common specifications of bank asset returns, which neglect or underestimate the impact of borrower default on bank solvency.

     
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Ebook
    Format: Online
    ISBN: 9789289940573
    Other identifier:
    hdl: 10419/229028
    Series: Working paper series / European Central Bank ; no 2414 (May 2020)
    Scope: 1 Online-Ressource (circa 60 Seiten), Illustrationen
  12. Twin default crisis
    Author: Mendicino, Caterina; Nikolov, Kalin; Rubio-Ramírez, Juan Francisco; Suárez, Javier; Supera, Dominik
    Published: June 2020
    Publisher:  Centro de estudios monetarios y financieros, Madrid, Spain

    Access:
    Verlag (kostenfrei)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    VS 508
    Inter-library loan:
    No inter-library loan
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Working paper / CEMFI ; 2006
    Scope: 1 Online-Ressource (circa 59 Seiten), Illustrationen