WORKING PAPER SERIES ON REGIONAL ECONOMIC INTEGRATION NO 22: India’s Bond Market— Developments and Challenges Ahead docx

WORKING PAPER SERIES ON REGIONAL ECONOMIC INTEGRATION NO. 22: India’s Bond Market— Developments and Challenges Ahead docx

... WORKING PAPER SERIES ON REGIONAL ECONOMIC INTEGRATION NO. 22 India’s Bond Market— Developments and Challenges Ahead Stephen Wells and Lotte Schou-ZibellDecember 2008 14III. Government Bonds: ... separate bonds for the addition of four new bonds reducing the number of bonds outstanding by 10 to 95. However, of the four new bonds, only one was over USD2 billion, representing an international ... traded bonds—in the 12 months to July 2007 only 22 of the 95 bonds traded on more than 100 days and only 8 traded on more than 200 days. (Table 3). Liquidity is clearly concentrated in a few bonds...

WORKING PAPER SERIES NO 868 / FEBRUARY 2008: PURDAH ON THE RATIONALE FOR CENTRAL BANK SILENCE AROUND POLICY MEETINGS pptx

... decade of economic prosperity followed by more than a year of weak economic conditions. For the past few months we have seen clear indication that economic conditions are improving and we are ... Rates and Optimal Monetary Policy, Brookings Papers on Economic Activity 1:139–211. Ehrmann, M. and M. Fratzscher (2005). How should central banks communicate? ECB Working Paper No. 557, November ... U.S. economy is doing extraordinarily well," McDonough told an audience of economists and businesspeople gathered here. McDonough said U.S. inflation has been very well contained and in...

Working PaPer SerieS no 1150 / January 2010: Do bank loanS anD creDit StanDarDS have an effect on outPut? a Panel aPProach for the euro area doc

... deregulation", Federal Reserve Board Finance and Economics Dis-cussion Paper No. 2009-46.[17] Diyatat, P. (2008), "Monetary policy impleme ntation: Misconceptions and theirconsequences", ... enhance the knowledge of the dynamic relationshipsbetween the situation of the …nancial sector, credit provision, real economic activity and in‡ation.19ECB Working Paper Series No 1150January ... depend on the exogenous exchange rate and governmentspending is given, investments and consumption will (inversely) depend on the interestrates on bonds and loans, rt and it, respectively. Note...

Working PaPer SerieS no 1272 / DeCeMBer 2010: THe iMPaCT of PuBliC guaranTeeS on Bank riSk Taking eviDenCe froM a naTural exPeriMenT pptx

... Regulation, the CEPR conference on Bank Crisis Prevention and Resolution, the European Finance Association Conference, the Reserve Bank of Chicago Conference on Bank Structure and Competition, the ... in the Z-Scores, loan sizes, and interest rates chargedto borrowers before and after 2001, controlling for bank group characteristics and local economic conditions, and thus identify the eﬀect ... towards higher risk). We are thus conﬁdent that the regressions are not picking23ECB Working Paper Series No 1272December 2010up spurious movements in only one component of the Z-Score. Furthermore,...

53
1,444
0

WORKING PAPER SERIES NO 1332 / APRIL 2011: CENTRAL BANK COMMUNICATION ON FINANCIAL STABILITY docx

... sizeable and WORKING PAPER SERIES NO 1332 / APRIL 2011by Benjamin Born, Michael Ehrmann and Marcel FratzscherCENTRAL BANK COMMUNICATION ON FINANCIAL STABILITY19ECB Working Paper Series No ... in Economics and Finance. Journal of Economic Literature 35, 13-39. Masciandaro, D. and M. Quintyn (2009). After the Big Bang and Before the Next One? Reforming the Financial Supervision Architecture ... current macroeconomic and financial market developments and the assessment of risks to banks and systemically relevant non-banking financial institutions. Cihak (2006) calls these sections the “core”...

Economic Policy Research Institute EPRI Working Paper Series pot

... Richmond, Federal Re-serve Bank of Cleveland, Stanford and Philadelphia Fed Bag Lunches, the 2007 Canadian Economic Asso-ciation and S ociety for Economic Dynamics, and the 2008 American Economic ... Livshits, James MacGee and Michèle Tertilt Working Paper # 2011-1 June 2011 Economic Policy Research Institute EPRI Working Paper Series Department of Economics Department of ... of Western Ontario London, Ontario, N6A 5C2 Canada This working paper is available as a downloadable pdf file on our website http://economics.uwo.ca/centres/epri/ number of contracts introduces...

WORKING PAPER SERIES NO. 398 / OCTOBER 2004: MERGERS AND ACQUISITIONS AND BANK PERFORMANCE IN EUROPE THE ROLE OF STRATEGIC SIMILARITIES potx

... Competition and Financial Stability, Committee of the Global Financial System Conference 2,Part 2.27ECB Working Paper Series No. 398October 2004Chatterjee, S. (1986), Types of synergy and economic ... bankmergers on bank risk and value, Journal of International Money and Finance 21,6, pp. 857-877.Beitel, P. and D. Schiereck (2001), Value creation at the ongoing consolidation of theEuropean ... operations (seeCabral, Dierick and Vesala, 2002).The results from the technology and innovation strategy suggest that the differentiation interms of financial innovation investments among bidders...

WORKING PAPER SERIES NO. 407 / NOVEMBER 2004: BANKING CONSOLIDATION AND SMALL BUSINESS LENDING potx

... state.17ECB Working Paper Series No. 407November 2004London policy: financing volume0123456Good Bad Good Bad Good Bad Good Bad Good BadLondon BenchmarkFigure 3: London policyThe London policy ... accepting the contr act (UA). Similarly, thevalue of non-compliance is given by the period utility (uNB,uNG) and the discounted value ofnon-continuation. The value of non-continuation is the ... inthe economy - while each operating optimally under their respectiv e parameter constraints.21ECB Working Paper Series No. 407November 20045.1.1 Banking consolidationBanking consolidation can...

WORKING PAPER SERIES NO. 527 / SEPTEMBER 2005: BANKING SYSTEM STABILITY A CROSS-ATLANTIC PERSPECTIVE pptx

... proportionto the sizes o f their economies in terms of GDP and the sizes o f their18See de Bondt and Marques (2004) for an in-depth d iscussion of high-yield bond spreads.23ECB Working Paper Series ... contained.24The non-normalit y of stock returns in general is a well-known fact in ﬁnancialeconomics since at least the fundamental work by Mandelbrot (1963). For a related27ECB Working Paper Series No. ... crashes con-ditional on contem poraneous and lagged other market crashes. Thereason why w e particularly focus on criterion (iv) is that it allo w s us toconcentrateoneventsthataresevereenoughtobebasicallyalwaysofa...

95
1,086
0

WORKING PAPER SERIES NO 845 / DECEMBER 2007: RUN-PRONE BANKING AND ASSET MARKETS doc

... %&    !  WORKING PAPER SERIES NO 845 / DECEMBER 2007RUN-PRONE BANKING AND ASSET MARKETSby Marie Hoerova19ECB Working Paper Series No 845December 2007+74 >?C8<0; ... O WORKING PAPER SERIES NO 845 / DECEMBER 2007In 2007 all ECB publications feature a motif taken from the 20 banknote.RUN-PRONE BANKING AND ASSET MARKETS 1by Marie Hoerova 2This paper ... and the 2005EEA Congress. All remaining errors are my own. Financial support from the Center for AnalyticEconomics at Cornell University and the Thorne Fund is gratefully acknowledged. The viewsexpressed...

41
1,550
0

Xem thêm