doing so many things wrong
Tài liệu Federal Reserve Bank of New York Staff Reports - Why Are Banks Holding So Many Excess Reserves? doc
Ngày tải lên :
16/02/2014, 12:20
... reserves are called excess hold so many reserves instead of lending them out, and some claim that inducing banks to lend their excess reserves is crucial for resolving the credit crisis This view ... 100 Figure 1: Aggregate Reserves of Depository Institutions Source: Federal Reserve Statistical Release H.3 Why are banks holding so many excess reserves? What the data in Figure tell us about ... central bank may choose to maintain a high level of reserve balances in normal times because doing so offers some important advantages, particularly regarding the operation of the payments system For...
- 15
- 504
- 1
Why Are there So Many Banking Crises? The Politics and Policy of Bank Regulation phần 1 ppsx
Ngày tải lên :
10/08/2014, 07:21
... THERE SO MANY BANKING CRISES? 19 Chapter Why Are there So Many Banking Crises? Jean-Charles Rochet 21 1.1 1.2 1.3 1.4 1.5 1.6 Introduction The Sources of Banking Fragility The Lender of Last Resort ... Why Are there So Many Banking Crises? i i i i i i “rochet” — 2007/9/19 — 16:10 — page ii — #2 i i i i i i i i “rochet” — 2007/9/19 — 16:10 — page iii — #3 i i Why Are there So Many Banking Crises? ... supervisors in their first task) As for the second task (i.e., managing closures in the most efficient way), it seems reasonable to argue that supervisors should in fact aim at an orderly resolution...
- 33
- 362
- 0
Why Are there So Many Banking Crises? The Politics and Policy of Bank Regulation phần 2 pdf
Ngày tải lên :
10/08/2014, 07:21
... last resort 1.3 The Lender of Last Resort The lender of last resort, which consists of emergency liquidity assistance provided by the central bank to the bank in trouble, was invented, so to speak, ... implies that supervisors are no longer in a position to monitor closely The rebound of oil price due to the first Gulf War may also have helped the crisis resolution I thank Jon Danielson for this remark ... can also be the source of systemic risk during crises However, the main difficulty is to obtain credibility of regulation and to get rid of political pressure on banking supervisors The source...
- 32
- 303
- 0
Why Are there So Many Banking Crises? The Politics and Policy of Bank Regulation phần 3 pptx
Ngày tải lên :
10/08/2014, 07:21
... for a solvent country, an orderly “resolution of failure” process is needed in the range (R o , min{Rs , REC }) An insolvent country should be helped when it is not too far away from the solvency ... incentive-efficient solution Furthermore, implementation of this solution may also require complementing Bagehot’s LLR facility with prompt corrective action (intervention on a solvent bank) or ... bank and implement the incentive-efficient solution The central bank helps whenever the bank is solvent, and the other institution provides an “orderly resolution of failure” in the range (R o ,...
- 32
- 271
- 0
Why Are there So Many Banking Crises? The Politics and Policy of Bank Regulation phần 4 doc
Ngày tải lên :
10/08/2014, 07:21
... BS left to insolvent banks This is the condition that allows us to sort illiquid from insolvent banks Indeed, an insolvent bank is less profitable than an illiquid bank for two reasons: it needs ... OF LAST RESORT: A 21ST-CENTURY APPROACH 99 when the following conditions are satisfied: supervision is inefficient, so that insolvent banks are not detected; it is very costly to screen sound firms; ... Notes: βS is the probability of a solvency shock; βN is the probability of no shock for solvent banks; βL = − βN is the probability of a liquidity shock for solvent banks; R1 is the investment...
- 32
- 230
- 0
Why Are there So Many Banking Crises? The Politics and Policy of Bank Regulation phần 5 ppsx
Ngày tải lên :
10/08/2014, 07:21
... bank when it itself is solvent but near insolvency In such cases, however, it is not “ex post optimal” for the central bank to adhere to the stated resolution method The solvency of For simplicity, ... moral hazard, but the impact on social surplus is ambiguous i i i i i i “rochet” — 2007/9/19 — 16:10 — page 122 — #134 i 122 i CHAPTER Need for a lender of last resort Solvent banks ρ0 ρ *(γ ) Regulatory ... R, so that positive net present value reinvestments may not be optimal; that is, the logic of credit rationing and solvency requirements applies not only to the initial investment, but also to...
- 32
- 266
- 0
Why Are there So Many Banking Crises? The Politics and Policy of Bank Regulation phần 7 ppsx
Ngày tải lên :
10/08/2014, 07:21
... more diversification so that solvent banks exchange a larger fraction of their claims As a consequence, in a diversified lending the insolvent bank is able to pass over to the solvent banks a smaller ... several systems, provided it offers a menu of options to its users We also argued that liquidity and solvency issues cannot be dissociated On that point we regret the compartmentalization of the research ... destroy money Note also that interpreting the good as cash implies that currency crises, which are often associated with systemic risk, are left out of our analysis This is so because “cash” is...
- 32
- 312
- 0
Why Are there So Many Banking Crises? The Politics and Policy of Bank Regulation phần 8 potx
Ngày tải lên :
10/08/2014, 07:21
... lending to (guaranteeing the credit lines of) insolvent institutions and with some probability it will be denying credit to solvent institutions Also, depositors may run on all the banks which ... closure of insolvent banks (proposition 7.5) In this case two courses of action are available: orderly closure or bailout of insolvent banks Given the interbank links, the closure of an insolvent ... liquidate insolvent banks because of the implicit subsidies offered by the payments networks; the inefficient liquidation of solvent banks because of the contagion effect stemming from one insolvent...
- 32
- 300
- 0
Why Are there So Many Banking Crises? The Politics and Policy of Bank Regulation phần 9 pps
Ngày tải lên :
10/08/2014, 07:21
... chosen by bankers so as to maximize the value of equity The reason why shirking is sometimes preferred by shareholders (in the intermediate region AE A AS ) even though it is socially inefficient ... symmetrically, supervisors can be forced to intervene when market signals reveal the distress of a bank (so that forbearance becomes more costly to supervisors or politicians) Notice also that market ... reason for this imbalance is a gap in the theoretical literature As far as I know, there is no tractable model that allows a simultaneous analysis of the impact of solvency regulations, supervisory...
- 32
- 306
- 0
Why Are there So Many Banking Crises? The Politics and Policy of Bank Regulation phần 10 docx
Ngày tải lên :
10/08/2014, 07:21
... attitude of supervisory authorities 10.6 Supervisory Action The “second pillar” of Basel is supervisory review 23 The Basel Committee states several principles for a sound supervisory review, including: ... buffer against future solvency shocks This buffer reduces the impact of solvency requirements Finally, Pagès and Santos (2001) analyze optimal banking regulations and supervisory policies according ... are also in charge of the deposit insurance fund If this is the case, Pagès and Santos show that supervisory authorities should inflict higher penalties on the banks which not comply with solvency...
- 34
- 337
- 0
rochet - why are there so many banking crises; the politics and policy of bank regulation (2007)
Ngày tải lên :
01/11/2014, 19:44
... THERE SO MANY BANKING CRISES? 19 Chapter Why Are there So Many Banking Crises? Jean-Charles Rochet 21 1.1 1.2 1.3 1.4 1.5 1.6 Introduction The Sources of Banking Fragility The Lender of Last Resort ... Why Are there So Many Banking Crises? i i i i i i “rochet” — 2007/9/19 — 16:10 — page ii — #2 i i i i i i i i “rochet” — 2007/9/19 — 16:10 — page iii — #3 i i Why Are there So Many Banking Crises? ... supervisors in their first task) As for the second task (i.e., managing closures in the most efficient way), it seems reasonable to argue that supervisors should in fact aim at an orderly resolution...
- 323
- 222
- 0
So Many Sounds
Ngày tải lên :
28/04/2015, 11:44
... hands together They use the sound to say, “Good job!” This woman rings a bell She uses the sound of the bell to say, “I am at your house.” This man whispers He uses a soft sound and holds up his finger ... So Many Sounds by Ashlyn Adams PHOTOGRAPHY CREDITS: Cover © Greenshoots Communications/Alamy; © BananaStock/SuperStock; ... to a dance!” This man plays a flute He uses the sound of the flute to say, “I love you.” Sounds can say a lot! 10 Responding Word Builder What sounds people make together? WORDS TO KNOW Talk...
- 14
- 195
- 0
báo cáo thực tập tiếng anh There are so many phrasal verbs in English, and they all look soconfusing. How should I go about learning phrasal verbs
Ngày tải lên :
04/11/2015, 17:32
... her • If you take out something on someone or take something out on someone, you treat someone badly because you are upset or angry, even though they have done nothing wrong E.g Of course Mary ... – I’m sure they’ll hit back eventually • If you run down someone or something, or run someone or something down, you criticize that person or thing, often unfairly E.g Pam’s big sister is always ... to avoid phrasal verbs The reason is simply that it takes time to store so many verb – particle constructions without any definite rules Moreover, the teachers also put off teaching phrasal verbs...
- 28
- 605
- 1
There are so many phrasal verbs in English, and they all look soconfusing. How should I go about learning phrasal verbs
Ngày tải lên :
04/11/2015, 17:32
... her • If you take out something on someone or take something out on someone, you treat someone badly because you are upset or angry, even though they have done nothing wrong E.g Of course Mary ... – I’m sure they’ll hit back eventually • If you run down someone or something, or run someone or something down, you criticize that person or thing, often unfairly E.g Pam’s big sister is always ... to avoid phrasal verbs The reason is simply that it takes time to store so many verb – particle constructions without any definite rules Moreover, the teachers also put off teaching phrasal verbs...
- 30
- 449
- 0
Doing Things with Sentences in the ESL Classroom
Ngày tải lên :
06/09/2013, 10:10
... student may say 'I have lived in Paris since 2000.' This sentence is too short, so write it on the board but leave spaces, so you can change it to 'I have lived in Paris since I moved in 2000', or ... The point is to make students think they are reading your mind, by finding the sentences so quickly, so pretend to be surprised when they are successful Sentence Fan Make the fan as follows: ... 'she' and 'a', and the second 'big' and 'wished' To make it competitive, they lose a life for each wrong decision If they lose three lives, they have lost the game Mind Reading Students Tell the...
- 4
- 490
- 0
Một số trường hợp cụ thể dùng ''much & many''
Ngày tải lên :
01/11/2013, 05:20
... thành ngữ "so that" (sao cho, để cho) Động từ mệnh đề sau "so that" phải để thời tương lai so với thời động từ mệnh đề He studied very hard so that he could pass the test Phải phân biệt "so that" ... trúc so/ such that = quá, mà chia làm nhiều loại sử dụng Dùng với tính từ phó từ : Cấu trúc so that Dùng với danh từ số nhiều: Cấu trúc so that phải dùng many few trước danh từ Terry ran so ... plenty/ a great deal so với many/ much Các thành ngữ tương đương với much/ many (nhiều) most (đa phần) A lot of/ lots of (informal) = a great deal/ alarge number of/ much/ many (formal) Không...
- 10
- 584
- 2
Tài liệu Much, many, a lot of và lots of – trong một số trường hợp khác pdf
Ngày tải lên :
12/12/2013, 22:15
... prefer the country to the town Janet much enjoyed her stay with your family Much too much / many so many (để nhấn mạnh) dùng độc lập sau mệnh đề chính, trước danh từ mà bổ ngữ The cost of a thirty-second ... trước thử thách vậy) I have been to the top of the Effeil tower many a time Many s the + {smt that / sbody who} + singular verb Many s the student who couldn’t follow the post-graduate courses ... tiền) Many s the promise that has been broken (Biết lời hứa bị phản bội) 22.2 Phân biệt alot/ lots of/ plenty/ a great deal với many/ much Các thành ngữ có nghĩa tương đương với much/ many (nhiều)...
- 5
- 891
- 6
Tài liệu Free Report Reveals 10 Simple things you must stop doing now ppt
Ngày tải lên :
26/01/2014, 17:20
... show it is poisonous Start using a natural tooth paste without flouride like Toms, Jasons or make your own with baking soda Stop using antiperspirant Plugging up your underarms so you don’t prespire ... not as a meal like so many with Jamba Juice Don’t eat soy A few years back when we all bought into the “protein and fat are bad scam”, a lot of people started substituting soy for meat and dairy ... products We were told it was healthier Well it just ain’t so While certain forms of fermented soy (certain tofus) most of the recently manufactured soy products (milks, creamers, protein bars, protein...
- 7
- 341
- 0
When Things go Wrong RESPONDING TO ADVERSE EVENTS potx
Ngày tải lên :
07/03/2014, 10:20
... successful in communicating 12 WHEN THINGS GO WRONG I I I S U P P O RT O F T H E PAT I E N T A N D FA M I LY Support of the patient should be psychological, social, and in some cases, financial Following ... institutions JCAHO communicates these lessons through its Sentinel Events Alerts Regulators, such as the FDA, also require reporting 26 WHEN THINGS GO WRONG as part of their oversight function ... when full attention has been given to obtaining WHEN THINGS GO WRONG informed consent, the patient’s initial reaction is often to assume that someone made an error Therefore, it is important to...
- 42
- 466
- 0