The Wallis Inquiry: Perspectives from the Reserve Bank
ثبت نشده
چکیده
منابع مشابه
Discussion of Banking Concentration, Financial Stability and Public Policy
The discussion of Claudio Borio’s and Franklin Allen’s papers left me thinking that history has not been kind to the Wallis Committee of Inquiry into the Australian Financial System. It would appear that banks complement fi nancial markets, rather than substitute for them, to a far greater extent than assumed by the Committee. This even led to speculation that the Wallis architecture of creatin...
متن کاملمدل سازی الگوی رفتار بین نسلی از عملکرد بانکداری ذخیره ی جزئی
The purpose of this paper is to investigate the source of fractional reserve banking and to review the literature on bank credit. Evaluating the operational procedure of this banking model demonstrates a new concept of credit money shaping aspect and its affect on the practical economy. The difference in due dates between depositing and receiving loan that causes Ex-nihio money to exist, the ef...
متن کاملInvestigating the Assets Quality in Banking System in Iran with Emphasis on Liquidity and Non-Performing Loans Reserve Buffers
In this research, the factors affecting assets quality in banking system of Iran and some implications for creating appropriate buffers of liquidity and non-performing loans in bank assets management has been investigated. In order to that, statistical data related to macroeconomic variables and financial statements of 30 banks from 2006 to 2016 have been used in the framework of a dynamic pane...
متن کاملThe Measurement and Behavior of Uncertainty: Evidence from the ECB Survey of Professional Forecasters
We use matched point and density forecasts of output growth and inflation from the ECB Survey of Professional Forecasters to derive measures of forecast uncertainty, forecast dispersion and forecast accuracy. We construct uncertainty measures from aggregate density functions as well as from individual histograms. The uncertainty measures display countercyclical behavior, and there is evidence o...
متن کاملBehavioral Perspectives on Central Bank Communication for Financial Stability
Analyzing central bank communication during financial crises, we draw on a surprisingly informative parallel between management of natural disasters such as earthquakes on one hand, and the corresponding communication infrastructure and social interaction during financial turmoil, on the other. The role of social and emotional behavior thereof points to the importance of interpersonal comm...
متن کامل