Bank Liquidity Creation and Financial Crises

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  • Author : Allen Berger
  • Publisher : Academic Press
  • Pages : 294 pages
  • ISBN : 0128005319
  • Rating : /5 from reviews
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Download or Read online Bank Liquidity Creation and Financial Crises full in PDF, ePub and kindle. this book written by Allen Berger and published by Academic Press which was released on 24 November 2015 with total page 294 pages. We cannot guarantee that Bank Liquidity Creation and Financial Crises book is available in the library, click Get Book button and read full online book in your kindle, tablet, IPAD, PC or mobile whenever and wherever You Like. Bank Liquidity Creation and Financial Crises delivers a consistent, logical presentation of bank liquidity creation and addresses questions of research and policy interest that can be easily understood by readers with no advanced or specialized industry knowledge. Authors Allen Berger and Christa Bouwman examine ways to measure bank liquidity creation, how much liquidity banks create in different countries, the effects of monetary policy (including interest rate policy, lender of last resort, and quantitative easing), the effects of capital, the effects of regulatory interventions, the effects of bailouts, and much more. They also analyze bank liquidity creation in the US over the past three decades during both normal times and financial crises. Narrowing the gap between the "academic world" (focused on theories) and the "practitioner world" (dedicated to solving real-world problems), this book is a helpful new tool for evaluating a bank’s performance over time and comparing it to its peer group. Explains that bank liquidity creation is a more comprehensive measure of a bank’s output than traditional measures and can also be used to measure bank liquidity Describes how high levels of bank liquidity creation may cause or predict future financial crises Addresses questions of research and policy interest related to bank liquidity creation around the world and provides links to websites with data and other materials to address these questions Includes such hot-button topics as the effects of monetary policy (including interest rate policy, lender of last resort, and quantitative easing), the effects of capital, the effects of regulatory interventions, and the effects of bailouts

Bank Liquidity Creation and Financial Crises

Bank Liquidity Creation and Financial Crises
  • Author : Allen Berger,Christa Bouwman
  • Publisher : Academic Press
  • Release : 24 November 2015
GET THIS BOOK Bank Liquidity Creation and Financial Crises

Bank Liquidity Creation and Financial Crises delivers a consistent, logical presentation of bank liquidity creation and addresses questions of research and policy interest that can be easily understood by readers with no advanced or specialized industry knowledge. Authors Allen Berger and Christa Bouwman examine ways to measure bank liquidity creation, how much liquidity banks create in different countries, the effects of monetary policy (including interest rate policy, lender of last resort, and quantitative easing), the effects of capital, the effects

Bank Funding Structures and Risk

Bank Funding Structures and Risk
  • Author : Mr. Pablo Federico,Mr. Francisco F. Vázquez
  • Publisher : International Monetary Fund
  • Release : 01 January 2012
GET THIS BOOK Bank Funding Structures and Risk

This paper analyzes the evolution of bank funding structures in the run up to the global financial crisis and studies the implications for financial stability, exploiting a bank-level dataset that covers about 11,000 banks in the U.S. and Europe during 2001?09. The results show that banks with weaker structural liquidity and higher leverage in the pre-crisis period were more likely to fail afterward. The likelihood of bank failure also increases with bank risk-taking. In the cross-section, the smaller domestically-oriented banks were

High Liquidity Creation and Bank Failures

High Liquidity Creation and Bank Failures
  • Author : Zuzana Fungacova,Rima Turk,Laurent Weill
  • Publisher : International Monetary Fund
  • Release : 06 May 2015
GET THIS BOOK High Liquidity Creation and Bank Failures

We formulate the “High Liquidity Creation Hypothesis” (HLCH) that a proliferation in the core activity of bank liquidity creation increases failure probability. We test the HLCH in the context of Russian banking, which provides a natural field experiment due to numerous failures experienced over the past decade. Using Berger and Bouwman’s (2009) liquidity creation measures as a comprehensive proxy for overall bank output, we find that high liquidity creation significantly increases the probability of bank failure; this finding survives multiple

THREE ESSAYS ON BANK LIQUIDITY CREATION AND FUNDING LIQUIDITY RISK

THREE ESSAYS ON BANK LIQUIDITY CREATION AND FUNDING LIQUIDITY RISK
  • Author : Feng Tu
  • Publisher : Unknown
  • Release : 21 September 2021
GET THIS BOOK THREE ESSAYS ON BANK LIQUIDITY CREATION AND FUNDING LIQUIDITY RISK

According to the modern theory of financial intermediation, liquidity creation is an essential role of banks. Chapter 1 investigates the relationship between diversification of activities conducted by banks and bank liquidity creation. We show that despite the passage of GLBA act in 1999, banks increased their specialization in the traditional loan market and thus became less diversified from 2004 until the end of 2008. In addition, we find evidence that more specialized banks tend to create more excess liquidity during normal times, suggesting too

High Liquidity Creation and Bank Failures

High Liquidity Creation and Bank Failures
  • Author : Zuzana Fungacova,Rima Turk,Laurent Weill
  • Publisher : International Monetary Fund
  • Release : 06 May 2015
GET THIS BOOK High Liquidity Creation and Bank Failures

We formulate the “High Liquidity Creation Hypothesis” (HLCH) that a proliferation in the core activity of bank liquidity creation increases failure probability. We test the HLCH in the context of Russian banking, which provides a natural field experiment due to numerous failures experienced over the past decade. Using Berger and Bouwman’s (2009) liquidity creation measures as a comprehensive proxy for overall bank output, we find that high liquidity creation significantly increases the probability of bank failure; this finding survives multiple

Bank Funding Structures and Risk

Bank Funding Structures and Risk
  • Author : Mr.Francisco F. Vazquez,Mr.Pablo Federico
  • Publisher : International Monetary Fund
  • Release : 01 January 2012
GET THIS BOOK Bank Funding Structures and Risk

This paper analyzes the evolution of bank funding structures in the run up to the global financial crisis and studies the implications for financial stability, exploiting a bank-level dataset that covers about 11,000 banks in the U.S. and Europe during 2001?09. The results show that banks with weaker structural liquidity and higher leverage in the pre-crisis period were more likely to fail afterward. The likelihood of bank failure also increases with bank risk-taking. In the cross-section, the smaller domestically-oriented banks were

Bank Capital and Liquidity Creation

Bank Capital and Liquidity Creation
  • Author : Roman Horváth
  • Publisher : Unknown
  • Release : 21 September 2021
GET THIS BOOK Bank Capital and Liquidity Creation

"The authors examine the relation between capital and liquidity creation. This issue is interesting because of the potential impact on liquidity creation from tighter capital requirements such as those in Basel III. They perform Granger-causality tests in a dynamic generalized method of moments (GMM) panel estimator framework on an exhaustive data set of Czech banks, which mainly includes small banks from 2000 to 2010. We observe a strong expansion in liquidity creation until the financial crisis that was mainly driven by large

Bank Competition Efficiency and Liquidity Creation in Asia Pacific

Bank Competition  Efficiency and Liquidity Creation in Asia Pacific
  • Author : N. Genetay,Y. Lin,P. Molyneux,Xiaoqing (Maggie) Fu
  • Publisher : Springer
  • Release : 28 July 2015
GET THIS BOOK Bank Competition Efficiency and Liquidity Creation in Asia Pacific

Banking market integration in the Asia Pacific has greatly accelerated in recent years, in an environment of many other rapid advances in banking and finance. This has increased competition between domestic and foreign banks, and made the measurement of bank efficiency, competition, and liquidity creation a critical issue for both policy makers and bank managers. This book investigates important policy-related issues in Asia Pacific banking. It analyses the link between competition and stability, examining the cases of fourteen Asia Pacific

TARP and other Bank Bailouts and Bail Ins around the World

TARP and other Bank Bailouts and Bail Ins around the World
  • Author : Allen N. Berger,Raluca A. Roman
  • Publisher : Academic Press
  • Release : 09 June 2020
GET THIS BOOK TARP and other Bank Bailouts and Bail Ins around the World

Financial crises are recurring phenomena that result in the financial distress of systemically important banks, making it imperative to understand how to best respond to such crises and their consequences. Two policy responses became prominent for dealing with these distressed institutions since the last Global Financial Crisis: bailouts and bail-ins. The main questions surrounding these responses touch everyone: Are bailouts or bail-ins good for the financial system and the real economy? Is it essential to save distressed financial institutions by

Bank Liquidity and the Global Financial Crisis

Bank Liquidity and the Global Financial Crisis
  • Author : Laura Chiaramonte
  • Publisher : Springer
  • Release : 09 July 2018
GET THIS BOOK Bank Liquidity and the Global Financial Crisis

One of the lessons learned from the Global Financial Crisis of 2007–9 is that minimum capital requirements are a necessary but inadequate safeguard for the stability of an intermediary. Despite the high levels of capitalization of many banks before the crisis, they too experienced serious difficulties due to insufficient liquidity buffers. Thus, for the first time, after the GFC regulators realized that liquidity risk can jeopardize the orderly functioning of a bank and, in some cases, its survival. Previously, the risk

Capital Flows and the Twin Crises

Capital Flows and the Twin Crises
  • Author : Ilan Goldfajn,Rodrigo O. Valdés
  • Publisher : International Monetary Fund
  • Release : 01 July 1997
GET THIS BOOK Capital Flows and the Twin Crises

This paper develops a model that focuses on the interaction of liquidity creation by financial intermediaries with capital flows and exchange rate collapses. The intermediaries’ role of transforming maturities is shown to result in larger movements of capital and a higher probability of crisis. These movements resemble the observed cycle in capital flows: large inflows, crisis and abrupt outflows. The model highlights how adverse productivity and international interest rate shocks may trigger a sudden outflow of capital and an exchange

The Oxford Handbook of Banking

The Oxford Handbook of Banking
  • Author : Allen N. Berger,Philip Molyneux,John O. S. Wilson
  • Publisher : Oxford University Press
  • Release : 31 October 2019
GET THIS BOOK The Oxford Handbook of Banking

The Oxford Handbook of Banking, Third Edition provides an overview and analysis of developments and research in this rapidly evolving field. Aimed at graduate students of economics, banking, and finance; academics; practitioners; regulators; and policy makers, it strikes a balance between abstract theory, empirical analysis, and practitioner and policy-related material. Split into five distinct parts The Oxford Handbook of Banking is a one-stop source of relevant research in banking. It examines the theory of banking, bank operations and performance, regulatory

Essays on Stability and Regulation of the Banking System

Essays on Stability and Regulation of the Banking System
  • Author : Shasta Shakya
  • Publisher : Unknown
  • Release : 21 September 2021
GET THIS BOOK Essays on Stability and Regulation of the Banking System

This dissertation consists of three chapters each of which explores different topics in the area of banking. In the first chapter, I ask how a banks connectedness affects its financial stability and what mechanisms amplify or mitigate this effect. I consider connectedness arising due to linkages that are formed between banks when they are exposed to common housing markets, and investigate whether such connectedness explains stability around the 2007 housing crash. I show that linkages facilitate contagion of risk, and that

Liquidity and Crises

Liquidity and Crises
  • Author : Franklin Allen,Elena Carletti,Jan Pieter Krahnen,Marcel Tyrell
  • Publisher : OUP USA
  • Release : 13 January 2011
GET THIS BOOK Liquidity and Crises

One important cause of the 2007-2009 crisis was illiquidity combined with exposure of many financial institutions to liquidity needs. But what is liquidity and why is it so important for financial institutions to command enough liquidity? This book brings together classic articles and recent contributions to this important field.