The Shifting Drivers of Global Liquidity NBER (2017-07-10)
The post-crisis period has seen a considerable shift in the composition and drivers of international bank lending and international bond issuance, the two main components of global liquidity. The sensitivity of both type .. more |
Balance-Sheet Diversification in General Equilibrium: Identification and Network Effects Centre for Economic Policy Research (2017-07-10)
The paper uses disaggregated data on asset holdings and liabilities to estimate a general equilibrium model where each institution determines the diversification and size of the asset and liability sides of its balance-s .. more |
Implementation of Basel standard BIS (2017-07-10)
Full, timely and consistent implementation of Basel III remains fundamental to building a resilient financial system, maintaining public confidence in regulatory ratios and providing a level playing field for internation .. more |