corporate financial structure and financial stability
Tài liệu IMF Working Paper_ Corporate Financial Structure and Financial Stability pptx
Ngày tải lên :
17/12/2013, 05:15
... Impact of Crisis on the Level and Composition of GDP 12
B. Corporate Financial Structure and Impact of Crisis on GDP 14
V. Corporate Financial Structure and Financial Stability: Econometric Analysis ...
III. Corporate Financial Structure for Industrial and Emerging Market Countries 7
A. Stock Data 7
B. Flow Data 10
C. Crises Data 11
IV. Corporate Financial Structure and Financial Stability: ... implications of corporate financial structure for financial fragility are measured
here empirically by examining shifts in the size and composition of financial flows and
expenditures by the corporate...
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Tài liệu Chapter 4: Assessing Financial Structure and Financial Development ppt
Ngày tải lên :
17/12/2013, 05:15
... Hubbard, and Bruce Petersen. 1988. “Financing Constraints and
Corporate Investment.” Brookings Papers on Economic Activity 1: 141–95.
FSF (Financial Stability Forum). “Compendium of Standards.” Financial ... Financial Structure and Development Assessment
The measures chosen as quantitative indicators for
financial structure and development assessment will
naturally include basic indicators of financial ... provide the incentives to expand financial services. Both pru-
dential and competition policies (including licensing and entry, exit and merger policies,
and branching and similar regulations) should...
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Ensuring Financial Stability: Financial Structure and the Impact of Monetary Policy on Asset Prices
Ngày tải lên :
24/10/2012, 09:40
... Denmark, Switzerland, Spain,
Finland, France, Germany, Ireland, Italy, the Netherlands, Norway and the UK, a three-
month Treasury bill rate for Belgium, Sweden and the US, and a three-month ... Australia, Finland, Ireland, the
Netherlands, Norway, Spain, Sweden, the UK and the US; countries in the second group are Belgium,
Canada, Denmark, France, Germany, Italy, Japan and Switzerland.
... the 95% level in Canada, Finland, the Netherlands,
Norway, Sweden, Switzerland, the UK and the US. Moreover, while in some countries,
(including Finland, the UK and the US) residential property...
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WORKING PAPER NO. 40 FINANCIAL STRUCTURE AND THE INTEREST RATE CHANNEL OF ECB MONETARY POLICY pptx
Ngày tải lên :
15/03/2014, 14:20
... by F. De Fiore , November 2000.
39 “A money demand system for euro area M3” by C. Brand and N. Cassola, November 2000.
40 Financial structure and the interest rate channel of ECB monetary policy ... interest rate.
3.1 Assets and liabilities of firms and households
The financial accounts of German, Spanish, French and Italian firms and households for 1996, 1997
and 1998 are summarised in ... (1997): “The euro and the European financial markets”, EMU and
the International Monetary System, Edited by Masson, Krueger and Turtleboom, International
Monetary Fund.
Mester, L. J. and A. Saunders...
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Tài liệu Corporate Ownership structure and the Informativeness of Accounting Earnings in East Asia doc
Ngày tải lên :
18/02/2014, 01:20
... Kothari, and Robin, 2000; Ball, Robin, and Wu, 1999; and Ali
and Hwang, 2000) have provided evidence that in addition to accounting standards,
features of the institutional environment such as corporate ... A. and R. Vishny, 1997. A survey of corporate governance. Journal of Finance
52, 737-783.
Smith, C. and R. Watts, 1992. The investment opportunity set and corporate financing,
dividend and ... of Law and
Economics 3, 1-44.
Demsetz, H. and K. Lehn, 1985. The structure of ownership: causes and consequences.
Journal of Political Economy 93, 1155-77.
Dhaliwal, D., K. Lee and N....
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Financial Markets and Financial Crises ppt
Ngày tải lên :
22/03/2014, 20:21
... were financially weakened and contracted their
65 Financial Crisis in the Great Depression
country abandoned the gold standard in the middle of a year, it is included in both the
gold and non-gold ... failures (notably Marx & Co.)
and
amalgamations.
Heavy losses
of
one
of
the largest banks, Danske
Landmandsbank,
and
liquidation
of
smaller banks.
Landmandsbank continues
to
operate ... Ml, and M2, and of changes in the
central bank discount rate.
MO
corresponds to money and notes in circulation,
Ml is the sum of MO and commercial bank deposits, and M2 is the sum of
Ml and...
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Financial Markets and Financial Crises potx
Ngày tải lên :
22/03/2014, 20:21
... banking stability, that is, a
reduction in the incidence and severity of banking panics. Branch banking
diversifies, and deposit insurance protects against, both asset and withdrawal
risks, and either ... system and comparative advantage in
monitoring and enforcement.
Notice that there is a subtle difference between the arguments of Calomiris
and Kahn (1991) and Gorton (1989b). Calomiris and Kahn ... (1989a), Calomiris and Schweikart
(1991),
Chari and Jagannathan (1988), Gorton (1987, 1989b), Gorton and
Mullineaux (1987), Jacklin and Bhattacharya (1988), Williamson (1989), and
others, have...
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Tài liệu Chapter 2: Indicators of Financial Structure, Development, and Soundness ppt
Ngày tải lên :
17/12/2013, 05:15
...
adequacy of financial structure and on the potential for financial instability. The bal-
ance sheet analysis focuses on (a) the determinants and evolution of stocks of assets and
liabilities and (b) ... Sector Assessments).
2.1 Financial Structure and Development
Indicators of financial structure include system-wide indicators of size, breadth, and
composition of the financial system; indicators ... efficiency, and access; and measures of the scope, coverage, and outreach
of financial services.
2.1.1 System-wide Indicators
Financial structure is defined in terms of the aggregate size of the financial...
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Tài liệu Central bank governance and financial stability: A report by a Study Group doc
Ngày tải lên :
16/02/2014, 10:20
... nancial stability – S Oosterloo and J de Haan (2006), “Central banks
and nancial stability: a survey”, Journal of Financial Stability, No 1.
Central banks
confront the
issue of nancial
stability ... governance and nancial stability
Executive summary and main conclusionsExecutive summary and main conclusionsExecutive summary and main conclusions
BIS: Central bank governance and nancial stabilityCentral ... BIS: Central bank governance and nancial stability
2
Executive summary and main conclusionsExecutive summary and main conclusions
Central bank governance and nancial stability
2
4. When the central...
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Tài liệu Money Market Mutual Funds and Financial Stability doc
Ngày tải lên :
19/02/2014, 14:20
... potential financial stability
issue of both domestic and global significance. I would add that in discussions about
ways that financial problems could, potentially, be amplified into a financial ... were
19 percent. And finally, Treasury and Agency securities were 9 percent and 10 percent,
respectively.
2
Sponsors are the asset management firms and their parents and affiliates.
3
... Eastern Time OR UPON DELIVERY
2
The focus of my remarks today will be financial stability. Both the financial
crisis in 2008 and the more recent sovereign debt problems in Europe underscored the...
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What makes a bank efficient? A look at financial characteristics and bank management and ownership structure pdf
Ngày tải lên :
06/03/2014, 10:20
... managers, and owners
of the most efficient and least efficient
banks and the influence of this owner-
ship/management structure on bank
efficiency.
4
Ownership and management structure
and firm ... ownership and management structure, the experience
and responsibilities of bank officers and directors, and the financial incentives that they are
given.
For this study, the sample bank ownership and ... banks.
FINANCIAL INDUSTRY PERSPECTIVES
18
What makes a bank efficient? A look at financial characteristics
and bank management and ownership structure
Kenneth Spong, Richard J. Sullivan, and...
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Central banks and financial stability pot
Ngày tải lên :
06/03/2014, 10:20
... institution, is that monetary and
financial stability policy are intertwined.
Monetary policy can have important implications for
financial stability; financial stability decisions will also
have ... ✖✖✖
Argentina
Brazil
South
Africa
Thailand
Zimbabwe
Cyprus
Indonesia
Mexico
Chile
Peru
Central banks and financial stability
389
7 Bakers and firefighters
Bread, and those who bake it, are in continuous demand.
Firemen ... international
dimension to financial crises, the many links between financial stability policy and monetary policy, and
the nature of the work of those charged with safeguarding financial stability.
(1)
(1)...
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FINANCIAL LIBERALIZATION, MACROECONOMIC (IN)-STABILITY, AND PATTERNS OF DISTRIBUTION pptx
Ngày tải lên :
15/03/2014, 19:20
... Boratav, Yeldan and Köse (2000), Onaran (2000), Yeldan and Köse (1999), Filiztekin (1999), Ercan
(1999), Pamukỗu and de Boer (1999), Kửse and Yeldan (1998a and 1998b), Yentỹrk (1997 and 1999), Uygur ... (1996),
Diaz-Alejandro (1985), Kaminsky and Reinhart (1999), Frenkel (1995), and Agenor and Montiel (1999, chp. 8). For
individual country experiences see also Corbo (1985), and Edwards and Edwards ... evolving world financial system has been
achieved by a series of policies aimed at liberalizing their financial sectors. The motive behind
financial liberalization was to restore growth and stability...
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Securities Lending and Repos: Market Overview and Financial Stability Issues docx
Ngày tải lên :
15/03/2014, 19:20
... Tsmocos and Alexandros Varoulavis (2011),
Financial Regulation in General Equilibrium”, mimeo
Gorton, Gary and Andrew Metrick (2011), “Securitized Banking and the Run on Repo”,
Journal of Financial ... faced by financial
intermediaries (which include haircuts) can have a first-order impact on asset prices and
market dynamics, and thus propagate and amplify financial shocks throughout the financial ...
Securities Lending and Repos:
Market Overview and Financial Stability Issues
Interim Report of the FSB Workstream on Securities Lending and Repos
27 April 2012
3 and 4. Interdealer...
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SFB 649 Discussion Paper 2012-065 Covered bonds, core markets, and financial stability doc
Ngày tải lên :
22/03/2014, 20:20
... lines of Rochet and Vives (2004) and Kăoenig
(2010).
8
SFB 649 Discussion Paper 2012-065
Covered bonds, core
markets, and
financial stability
Kartik Anand *
James ... L
D
= 1.
22
Financial Stability Board (2012). ‘Securities Lending and repos: market overview and financial
stability issues’, Interim Report of the FSB Workstream on Securities Lending and Repos.
Gai, ... and Shin (2003) and
the literature on social dynamics (see Durlauf and Young (2001)). Bank runs and liquidity
crises in the context of global games have previously been studied by Goldstein and...
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