0

who owns the federal reserve bank of new york

Tài liệu Federal Reserve Bank of New York Staff Reports - Why Are Banks Holding So Many Excess Reserves? doc

Tài liệu Federal Reserve Bank of New York Staff Reports - Why Are Banks Holding So Many Excess Reserves? doc

Ngân hàng - Tín dụng

... Skeie. The views expressed in this paper are those of the authors and do not necessarily reflect the position of the Federal Reserve Bank of New York or the Federal Reserve System.11 Sources of ... on Reserves and Monetary Policy.” Federal Reserve Bank of New York Economic Policy Review 8, no. 1 (May): 13-29. Proceedings of a Conference Sponsored by the Federal Reserve Bank of New York, ... Sources of Bank Reserves Figure 5 illustrates the link between the size of the Federal Reserve s liquidity facilities and the quantity of reserves in the banking system. The top half of this...
  • 15
  • 504
  • 1
Federal Reserve Bank of New York Staff Reports: Shadow Banking ppt

Federal Reserve Bank of New York Staff Reports: Shadow Banking ppt

Ngân hàng - Tín dụng

... tobias.adrian@ny.frb.org). The views expressed in this paper are those of the authors and do not necessarily reect the position of the Federal Reserve Bank of New York or the Federal Reserve System. Abstract The ... that the understanding of the plumbing of the shadow banking system is an important underpinning of any study of systemic interlinkages within the financial system. The remainder of the paper ... contraction in the size of the shadow banking system, thereby protecting the broader economy from the dangers of a collapse in the supply of credit as the financial crisis unfolded. While these programs...
  • 38
  • 812
  • 0
Federal Reserve Bank of New York Staff Reports: Shadow Banking Regulation pdf

Federal Reserve Bank of New York Staff Reports: Shadow Banking Regulation pdf

Ngân hàng - Tín dụng

... those of the authors and are not necessar-ily reective of views at the Federal Reserve Bank of New York or the Federal Reserve System. Any errors or omissions are the responsibility of the authors. Federal ... support of FHLB liabilities by the US Government. The secured nature of an advance, as well as the lien the Federal Home Loan Bank has on the other assets of the borrower, means that the claims of ... during the crisis is the role of re-hypothecation of collateral by dealers. Singh and Aitken (2009) investigate the role of re-hypothecation in the shadow banking system. Re-hypothecation is the...
  • 64
  • 377
  • 0
Federal Reserve Bank of Dallas Globalization and Monetary Policy Institute - Ultra Easy Monetary Policy and the Law of Unintended Consequences* pptx

Federal Reserve Bank of Dallas Globalization and Monetary Policy Institute - Ultra Easy Monetary Policy and the Law of Unintended Consequences* pptx

Ngân hàng - Tín dụng

... ParisOstryJ,GhoshAR,HabermeierK,ChamonM,QureshiMSandReinhartDBS(2010)“CapitalInflows: The role of controls”–IMF,StaffPositionNote,SPN10/04PeekJandRosengrenE.S(2003)“PerverseIncentivesand the Misallocation of CreditinJapan”–NBERWorkingPaperno9643.PerottiE(2012) The roots of shadowbanking–VOX21JunePosenAS.(2011)“CentralBankers:Dosomething”–InternationalHeraldTribune,21NovemberPozsarZ,AdrianT,AskeraftAandBaeskyH(2010)“ShadowBanking” Federal Reserve Bank of New York, StaffReport458, New York, JulyPowell,J(2003)“FDR’sFollies,HowRooseveltandHis New DealProlonged the GreatDepression” ,New York: RandomHouseRajan ... increasehasbeennotable,72Thisisnottodenysuccessfuleffortsbyanumber of countries,includingChina,toexpandmarketsinotherEME’s. Of coursethisstillleaves the broaderquestion of the robustness of the totality of thosemarketsin the event of aseriousdownturnin the AME’s.73ThisproblemisanalogoustothatfacedbyJapanesecorporationsin the 1990’s,aftermanyyears of debtfinancedinvestmentwhichprovedunprofitable.Koo(2003)stronglycontendsthat the weakness of investmentspendinginJapanin the 1990’swasduetothis“balancesheeteffect”,andwasnotduetoashortage of loanscausedbyaweakenedbankingsystem.74SeeBIS(2012)p29forafullerdocumentation.AlsoseeMcKinsey(2010) who identify the householdsectorinfive of the fourteencountriestheyconsiderashavingahighprobability of futuredeleveraging.TheyidentifySpain, the US, the UK,CanadaandKorea.While the householdsectorsinBrazil,Russia,ChinaandIndiawerenotjudgedtobeoverleveraged,notethat the dataconsideredextendedonlyto2009.Thus the reportmissed the recentsharpincreasesinhouseholddebtlevelsinthosecountries.45TettG(2012)“Sizecanbedeadlyinalowrateworld”FinancialTimes17MayTurnerP.(2011)“Is the long‐terminterestrateapolicyvictim,apolicyvariableorapolicylodestar”–BISWorkingPaper367,Basel,DecemberWaldropM.M.(1992)“Complexity”–LemonandSchusterPaperbacks– New York WedelJR.(2009)“ShadowElite”–BasicBooks, New York WhiteW.R(2004)“ArechangesinFinancialStructureExtendingSafetyNets?”–BISWorkingPaper250,BaselWhiteW.R(2006a)“IsPriceStabilityEnough?”–BISWorkingPaper205,AprilWhite ... termexpectedcosts.Undoubtedlythiswouldbeverypainful,but(bydefinition)lesspainfulthan the alternative of notdoingso.JohnKennethGalbraithtoucheduponasimilarpracticalconundrumsomeyearsagowhenhesaid20“Politicsisnot the art of the possible.Itischoosingbetween the unpalatableand the disastrous”.Thismightwellbewhere the centralbanks of the AME’sarenowheaded,absent the vigorouspursuitbygovernments of the alternativepoliciessuggestedabove.B....
  • 45
  • 478
  • 0
ASIA FOCUS: FEDERAL RESERVE BANK OF SAN FRANCISCO pptx

ASIA FOCUS: FEDERAL RESERVE BANK OF SAN FRANCISCO pptx

Ngân hàng - Tín dụng

... including loans for the Asia Focus is a periodic newsletter issued by the Country Analysis Unit of the Federal Reserve Bank of San Francisco. The information contained in this newsletter is meant ... Techcombank Sacombank Wholly Foreign-Owned Banks HSBC Standard Chartered Bank ANZ Bank Shinhan Bank Hong Leong Bank Joint Venture Banks (JV Bank Name) (Vietnamese and Foreign JV Bank ... those of JSCBs. Since 2006, the State Bank of Vietnam (SBV) has granted licenses to five foreign banks to operate as wholly foreign-owned banks. In their limited years of operation, the wholly...
  • 7
  • 527
  • 0
Preferences of the Central Reserve Bank of Peru and optimal monetary policy rules in the inflation targeting regime ppt

Preferences of the Central Reserve Bank of Peru and optimal monetary policy rules in the inflation targeting regime ppt

Ngân hàng - Tín dụng

... that the current inflation rate depends on its lagged values, on the fluctuation of the exchange rate in the previous period and on the two-period lag of the output gap. The verticality of the ... Reserva del Perú. The views expressed in this paper are those of the authors and do not reflect necessarily the position of the Central Reserve Bank of Peru. 15 Terms of trade gap()ttt ... non-significance of the real interest rate coefficient in the aggregate supply equation. Another result that is noteworthy concerns the effect of the terms of trade gap on the output gap. The evidence...
  • 37
  • 561
  • 0
FEDERAL RESERVE BANK OF ATLANTA: Financial Highlights pdf

FEDERAL RESERVE BANK OF ATLANTA: Financial Highlights pdf

Tài chính doanh nghiệp

... credit to AIG, and other Fed assets. Liabilities: Other—Reverse repos, Treasury cash holdings, and deposits with Federal Reserve Banks other than reserve balances and excluding the Supplementary ... Federal Reserve Summary The balance sheet remained little changed, decreasing by $9 billion for the week ended September 15. Bank reserve balances decreased $118 billion, offset ... offset by a $110 billion increase in Treasury deposits with Federal Reserve banks (part of “Other”). Assets: Lending to nonbanks—TALF, CPFF, AMLF, and MMIFF; Short-term lending to financials—discount...
  • 7
  • 373
  • 0
Federal Reserve Bank of Minneapolis Quarterly Review: Money and Interest Rates docx

Federal Reserve Bank of Minneapolis Quarterly Review: Money and Interest Rates docx

Ngân hàng - Tín dụng

... get bid up by the amount that the money supply increases regardless of the fraction of traders in the economy, because the quantity of the endowment is constant. The determination of nominal interest ... currentrate of growth of the money supply). This works becausethere is no reason for people to change their expectations of what money growth will be in the future.However, if the deviation of inflation ... dis-cussions of earlier versions of this article.1 The term liquidity effect as now used in the literature refers to the effect of un-expected changes in money growth rather than the effect of changes...
  • 12
  • 414
  • 0
Governance and the Success of U.S. Community Banks, 1790-2010: Mutual Savings Banks, Local Commercial Banks, and the Merchants (National) Bank of New Bedford, Massachusetts doc

Governance and the Success of U.S. Community Banks, 1790-2010: Mutual Savings Banks, Local Commercial Banks, and the Merchants (National) Bank of New Bedford, Massachusetts doc

Ngân hàng - Tín dụng

... determined the nature of the bank s loan portfolio. For example, the founders of the Farmers Bank of Bucks County set up in Hulmeville because, in the words of the bank s chronicler, it “was the seat ... Commercial Banking in the Old Line State (Baltimore, Md., 1996), 24. 85 A Statement of the Correspondence Between the Banks in the City of New York (New York, 1805), 26. 86 Woolsey, “Old New Haven ... of draining local economies of specie.68 The inability of existing banks to branch allowed new banks to arise solely to increase the geographical coverage of banking services. The Bank of...
  • 34
  • 471
  • 0
Tài liệu IN PLAIN ENGLISH: MAKING SENSE OF THE FEDERAL RESERVE pptx

Tài liệu IN PLAIN ENGLISH: MAKING SENSE OF THE FEDERAL RESERVE pptx

Ngân hàng - Tín dụng

... www.dallasfed.org Federal Reserve Bank of Kansas City www.kansascityfed.org Federal Reserve Bank of Minneapolis www.minneapolisfed.org Federal Reserve Bank of New York www.newyorkfed.org Federal Reserve Bank of Philadelphia ... combines the seven members of the Board of Governors, the president of the Federal Reserve Bank of New York and four other Reserve bank presi-dents, who serve one-year terms on a rotating basis. The ... a Federal reserve system making sense OF THE FEDERAL RESERVE 1 MAKING SENSE OF THE FEDERAL RESERVE 171. Who created the Federal Reserve System? (page 1)2. Name the three parts of the Federal...
  • 22
  • 531
  • 0
Tài liệu Office of the Comptroller of the Currency Board of Governors of the Federal Reserve System pptx

Tài liệu Office of the Comptroller of the Currency Board of Governors of the Federal Reserve System pptx

Tài chính doanh nghiệp

... is the purpose of the Financial Remediation Framework? The Office of the Comptroller of the Currency (OCC) and the Board of Governors of the Federal Reserve System (FRB) have developed the ... modification agreement will determine whether or not the borrower is considered to be in 1 Office of the Comptroller of the Currency Board of Governors of the Federal Reserve System JUNE 21, 2012 ... available since the origination of the loan, the estimated value of the home at the time of error will be based on the estimated value of the home at loan origination adjusted by the Case-Schiller...
  • 13
  • 362
  • 0
Board of Governors of the Federal Reserve System Federal Deposit Insurance Corporation Office of the Comptroller of the Currency potx

Board of Governors of the Federal Reserve System Federal Deposit Insurance Corporation Office of the Comptroller of the Currency potx

Ngân hàng - Tín dụng

... among other things, the validity of the assumptions, the severity of tests, the robustness of the estimates, the performance of any underlying models, and the stability and reasonableness of the ... 1 Board of Governors of the Federal Reserve System Federal Deposit Insurance Corporation Office of the Comptroller of the Currency Guidance on Stress Testing for Banking Organizations ... ensure that the scenarios continue to be timely and relevant. SR Letter 12-7 Attachment 2 viability.2 The Federal Reserve, the Office of the Comptroller of the Currency, and the Federal...
  • 18
  • 607
  • 0
Report of the Sub-Committee of the Central Board of Directors of Reserve Bank of India to Study Issues and Concerns in the MFI Sector doc

Report of the Sub-Committee of the Central Board of Directors of Reserve Bank of India to Study Issues and Concerns in the MFI Sector doc

Ngân hàng - Tín dụng

... irrespective of the amount of the loan. However, the larger the loan, the larger the amount of the repayment installment, and a large installment may strain the repayment capacity of the borrower ... 2008. Report of the Sub-Committee of the Central Board of Directors of Reserve Bank of India to Study Issues and Concerns in the MFI Sector RESERVE BANK OF INDIA ... b) There has, therefore, to be a linkage between the amount of the loan and the tenure of the loan. It is, therefore, suggested that for loans not exceeding Rs. 15,000, the tenure of the loan...
  • 65
  • 551
  • 0

Xem thêm

Tìm thêm: hệ việt nam nhật bản và sức hấp dẫn của tiếng nhật tại việt nam xác định các mục tiêu của chương trình khảo sát các chuẩn giảng dạy tiếng nhật từ góc độ lí thuyết và thực tiễn khảo sát chương trình đào tạo gắn với các giáo trình cụ thể xác định thời lượng học về mặt lí thuyết và thực tế tiến hành xây dựng chương trình đào tạo dành cho đối tượng không chuyên ngữ tại việt nam điều tra đối với đối tượng giảng viên và đối tượng quản lí điều tra với đối tượng sinh viên học tiếng nhật không chuyên ngữ1 phát huy những thành tựu công nghệ mới nhất được áp dụng vào công tác dạy và học ngoại ngữ mở máy động cơ rôto dây quấn các đặc tính của động cơ điện không đồng bộ hệ số công suất cosp fi p2 đặc tuyến hiệu suất h fi p2 đặc tuyến mômen quay m fi p2 đặc tuyến dòng điện stato i1 fi p2 sự cần thiết phải đầu tư xây dựng nhà máy thông tin liên lạc và các dịch vụ phần 3 giới thiệu nguyên liệu từ bảng 3 1 ta thấy ngoài hai thành phần chủ yếu và chiếm tỷ lệ cao nhất là tinh bột và cacbonhydrat trong hạt gạo tẻ còn chứa đường cellulose hemicellulose chỉ tiêu chất lượng theo chất lượng phẩm chất sản phẩm khô từ gạo của bộ y tế năm 2008