Bank Capital Regulation With And Without State Contingent Penalties
DOWNLOAD
Download Bank Capital Regulation With And Without State Contingent Penalties PDF/ePub or read online books in Mobi eBooks. Click Download or Read Online button to get Bank Capital Regulation With And Without State Contingent Penalties book now. This website allows unlimited access to, at the time of writing, more than 1.5 million titles, including hundreds of thousands of titles in various foreign languages. If the content not found or just blank you must refresh this page
Bank Capital Regulation With And Without State Contingent Penalties
DOWNLOAD
Author : David A. Marshall
language : en
Publisher:
Release Date : 2000
Bank Capital Regulation With And Without State Contingent Penalties written by David A. Marshall and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000 with Bank capital categories.
Tallent Show
DOWNLOAD
Author :
language : en
Publisher:
Release Date : 1970
Tallent Show written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1970 with categories.
International Convergence Of Capital Measurement And Capital Standards
DOWNLOAD
Author :
language : en
Publisher: Lulu.com
Release Date : 2004
International Convergence Of Capital Measurement And Capital Standards written by and has been published by Lulu.com this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004 with Bank capital categories.
Bank Capital Standards For Market Risk
DOWNLOAD
Author : David A. Marshall
language : en
Publisher:
Release Date : 2001
Bank Capital Standards For Market Risk written by David A. Marshall and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001 with categories.
We propose a simple model that is suitable for evaluating alternative bank capital regulatory proposals for market risk. Our model formalizes the conflict between bank objectives and regulatory goals. Banks' decisions represent a tension between their desire to exploit the deposit-insurance put option and their desire to preserve franchise value. Regulators seek to balance the social value of deposits in mediating transactions against the deadweight costs of failure resolution. Our social welfare criterion is standard: a weighted average agents' utilities.We demonstrate that banks do not incrementally alter their portfolio risk as the economic environment changes. Rather, banks either choose the minimal feasible risk or the maximal feasible risk. This pattern, in turn, drives regulatory decisions: The first goal of the regulator is to induce banks to choose the minimal risk level. For all nontrivial cases, unregulated banks fail to choose the first-best allocations. Traditional ex-ante capital requirements can induce banks to choose the socially-optimal level of portfolio risk, but the required capital is often inefficiently high.In contrast, variants of the Federal Reserve Board's precommitment proposal imply far smaller efficiency losses, and achieve allocations at or near the first-best for most reasonable model specifications. The ex-post penalties required for the optimal implementation of precommitment are not excessively large. The welfare gains from precommitment are even higher when the precommitment penalty function is precluded from sending banks into default. We conclude that state-contingent regulatory mechanisms, of which the precommitment approach is an example, offer the possibility of substantial gains in regulatory efficiency, relative to traditional state non-contingent regulation.
Usability Of Bank Capital Buffers The Role Of Market Expectations
DOWNLOAD
Author : José Abad
language : en
Publisher: International Monetary Fund
Release Date : 2022-01-28
Usability Of Bank Capital Buffers The Role Of Market Expectations written by José Abad and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-01-28 with Business & Economics categories.
Following the COVID shock, supervisors encouraged banks to use capital buffers to support the recovery. However, banks have been reluctant to do so. Provided the market expects a bank to rebuild its buffers, any draw-down will open up a capital shortfall that will weigh on its share price. Therefore, a bank will only decide to use its buffers if the value creation from a larger loan book offsets the costs associated with a capital shortfall. Using market expectations, we calibrate a framework for assessing the usability of buffers. Our results suggest that the cases in which the use of buffers make economic sense are rare in practice.
Do Central Banks Need Capital
DOWNLOAD
Author : Mr.Peter Stella
language : en
Publisher: International Monetary Fund
Release Date : 1997-07-01
Do Central Banks Need Capital written by Mr.Peter Stella and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997-07-01 with Business & Economics categories.
Central banks may operate perfectly well without capital as conventionally defined. A large negative net worth, however, is likely to compromise central bank independence and interfere with its ability to attain policy objectives. If society values an independent central bank capable of effectively implementing monetary policy, recapitalization may become essential. Proper accounting practice in determining central bank profit or loss and rules governing the transfer of the central bank’s operating result to the treasury are also important. A variety of country-specific central bank practices are reviewed to support the argument.
Central Bank Finances
DOWNLOAD
Author : David Archer
language : en
Publisher:
Release Date : 2013
Central Bank Finances written by David Archer and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013 with categories.
Estimating The Costs Of Financial Regulation
DOWNLOAD
Author : Mr.Andre Santos
language : en
Publisher: International Monetary Fund
Release Date : 2012-09-11
Estimating The Costs Of Financial Regulation written by Mr.Andre Santos and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-09-11 with Business & Economics categories.
Staff Discussion Notes showcase the latest policy-related analysis and research being developed by individual IMF staff and are published to elicit comment and to further debate. These papers are generally brief and written in nontechnical language, and so are aimed at a broad audience interested in economic policy issues. This Web-only series replaced Staff Position Notes in January 2011.
Taxation Of Financial Intermediation
DOWNLOAD
Author : Patrick Honohan
language : en
Publisher: World Bank Publications
Release Date : 2003
Taxation Of Financial Intermediation written by Patrick Honohan and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003 with Business & Economics categories.
This book examines the options for, and obstacles to, successful financial sector tax reform, both in terms of theoretical and practical aspects. Issues discussed include: the design of optimal tax schemes, the role of imperfect information and the links between taxation and saving, inflation, the income tax treatment of intermediary loan-loss reserves, deposit insurance, VAT and financial transactions taxes; as well as current practice in the industrial world and case studies of distorted national systems. This is a co-publication of the World Bank and Oxford University Press.
The Industrial Organization Of Banking
DOWNLOAD
Author : David VanHoose
language : en
Publisher: Springer Science & Business Media
Release Date : 2009-12-09
The Industrial Organization Of Banking written by David VanHoose and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-12-09 with Business & Economics categories.
This book aims to provide a thoroughly updated overview and evaluation of the industrial organization of banking. It examines the interplay among bank behaviour, market structure, and regulation from the perspective of a variety of public policy issues, including bank competition and risk, market discipline, antitrust issues, and capital regulation. New to this edition are discussions of the economic foundations of international banking, macroprudential regulation, and international coordination of banking policies. The book can serve as a learning tool and reference for graduate students, academics, bankers, and policymakers with interests in the industrial organization of the banking sector and the impacts of banking regulations.
