We investigate global factors associated with bank capital ‡ows. We formulate a model of the international banking system where global banks interact with local banks. The solution highlights the bank leverage cycle as the determinant of the transmission of …nancial conditions across borders through banking sector capital ‡ows. A distinctive prediction of the model is that local currency apprec...

We deduce properties of optimal monetary policies based on modern theory and standard empirical fi ndings. In light of this analysis, we examine FOMC policy procedures and conclude that they put too much emphasis on short-term economic stabilization and too little emphasis on longer-term price stability. We propose a form of infl ation targeting to address this problem. The views expressed here...

In this study, the interrelation between bank concentration and stability is examined, focusing on joint impact of capital regulation financial openness. Using data from Global Financial Development Database provided by World Bank Index Freedom The Heritage Foundation Wall Street Journal, a sample five countries in Central Asia was obtained, specifically during 1993-2017. results show that rela...

Offshore sand banks are an important resource for coastal protection, marine aggregates, and benthic habitats the site of many offshore wind farms. Consequently, a comprehensive understanding baseline processes controlling bank morphodynamics is imperative. This knowledge will aid development long-term robust spatial plan help address environmental instability arising from anthropogenic activit...

This paper analyzes the effect of liquidity risk and credit on Islamic bank stability whether risk-stability nexus changes during Covid-19 pandemic. Using a panel quarterly dataset 14 banks from 2017 to 2020, total 224 quarterly-bank observations in system generalized method moment, we find that are negatively associated with stability. Moreover, COVID-19 does not alter negative relationship be...

The goal of financial regulation is to enable banks to improve liquidity and solvency. Stricter regulation may be good for bank stability, but not for bank efficiency. This research aims to examine whether banks have met the CBRC’s standard of financial regulations and explores how the previously implemented financial regulations have affected bank efficiency and risk in the past. In addition, ...

On June 26th, 2004, Central bank governors and the heads of bank supervisory authorities in the Group of Ten (G10) countries issued a press release and endorsed the publication of International Convergence of Capital Measurement and Capital Standards: a Revised Framework, the new capital adequacy framework commonly known as Basel II. According to Jean Claude Trichet, Chairman of the G10 group o...