Financial Stability Review ECB (2013-12-02)
Financial stress has remained moderate in the euro area in recent months, despite periods of considerable global financial market turbulence. Measures of systemic stress in the banking sector have declined markedly since the peaks .. more |
Addressing risks to financial stability BIS (2013-12-02)
Regulatory reforms, in particular more capital and new liquidity buffers for banks, have made the financial system more resilient. Nonetheless, regulation typically cannot keep up with the pace of financial innovation. What is to .. more |
Banking Integration and House Price Comovement CEPR (2013-12-02)
The correlation across US states in house price growth increased dramatically between 1976 and 2000. This paper shows that the contemporaneous geographic integration of the US banking market, via the emergence of large banks, was .. more | |