해외동향 | The Effects of Bank Capital Buffers on Bank Lending and Firm Activity: What Can We Learn ... ? | 한국금융연구원

[LHKOREA]

2019-07-09 일자 [제 19-50 호]

The Effects of Bank Capital Buffers on Bank Lending and Firm Activity: What Can We Learn from Five Years of Stress-Test Results?
FRB (2019-07-09)

We use bank-firm matched data from regulatory filings (FR Y-14) to study how the capital buffers that large U.S. banks must satisfy to "pass" the quantitative component of the Federal Reserve's CCAR stress tests impact b ..  more

The new global agenda: Scale, urgency, and the future of the multilateral development bank system
Brookings (2019-07-09)

The Bretton Woods@75 Compendium is a unique and timely publication, issued to honor a historic year for the Bretton Woods institutions, and during an extraordinary moment in history for the global, rules-based system tha ..  more

Housing markets and macroeconomic risks
OECD (2019-07-09)

Housing markets are large and highly volatile: they can thus create large macroeconomic risks. The current paper provides a bird’s eye view of where the housing markets of major OECD economies currently stand. It then us ..  more

제 목	발행기관
Rethinking the Green New Deal: Using climate policy to address inequality	AEI
Fintech friendship: How banks can make peace and profits with financial technology companies	BAI
The top five cyber threats for banks-and how to meet them	BAI
Fear of taxes	Bank of Mexico
Moving India to a new growth trajectory: Need for a comprehensive big push	Brookings
The consequences of student loan credit expansions: Evidence from three decades of default cycles	Brookings
The new global agenda: Scale, urgency, and the future of the multilateral development bank system	Brookings
The promise of impact investing in India	Brookings
Leveraging Technologies to Improve the Quality and Maximize the Productivity of Agent Models	CFI
Accounting for Innovations in Consumer Digital Services: IT still matters	FRB
Reach for Yield by U.S. Public Pension Funds	FRB
The Effects of Bank Capital Buffers on Bank Lending and Firm Activity: What Can We Learn from Five Years of Stress-Test Results?	FRB
When do low-frequency measures really measure transaction costs?	FRB
Stress Testing Effects on Portfolio Similarities Among Large US Banks	FRB of Boston
The Impact of Migration on Earnings Inequality	FRB of Boston
Monetary Policy and Macroeconomic Stability Revisited	FRB of Cleveland
The Impact of Stricter Merger Control on Bank Mergers and Acquisitions. Too-Big-To-Fail and Competition	FRB of Cleveland
Sovereign Risk and Fiscal Information: A Look at the U.S. State Default of the 1840s	FRB of Kansas
Announcement-Specific Decompositions of Unconventional Monetary Policy Shocks and Their Macroeconomic Effects	FRB of New York
Monetary Policy and Financial Conditions: A Cross-Country Study	FRB of New York
Rethinking China's Local Government Debt in the Frame of Modern Money Theory	Levy
Bracing for consolidation in Asia-Pacific banking: The quest for scale	McKinsey
China and the world: Inside the dynamics of a changing relationship	McKinsey
Are Intermediary Constraints Priced?	NBER
China's Overseas Lending	NBER
Does a Currency Union Need a Capital Market Union? Risk Sharing via Banks and Markets	NBER
Does Knowing Your FICO Score Change Financial Behavior? Evidence from a Field Experiment with Student Loan Borrowers	NBER
Eval‎uating Central Banks' Tool Kit: Past, Present, and Future	NBER
Exchange Rate Reconnect	NBER
Global Dimensions of U.S. Monetary Policy	NBER
Imperfect Risk-Sharing and the Business Cycle	NBER
The Transmission of Shocks in Endogenous Financial Networks: A Structural Approach	NBER
US Monetary Policy and International Bond Markets	NBER
Restructuring Against The Odds - How to win in a crisis	Oliver Wyman
The Future of InsurTech in Germany: The InsurTech-Radar 2019	Oliver Wyman
Iran Has a Slow Motion Banking Crisis	PIIE
Protectionism under Trump: The China Shock, Intolerance, and the "First White President"	PIIE
The Rise of Global Innovation by US Multinationals Poses Risks and Opportunities	PIIE

제 목	발행기관
Heterogeneous beliefs and the Phillips curve	Bank of England
Modelling the distribution of mortgage debt	Bank of England
Assessing reliability of aggregated inflation views in the European Commission consumer survey	Bank of Finland
China's lost generation: Changes in beliefs and their intergenerational transmission	Bank of Finland
Deposit insurance, market discipline and bank risk	Bank of Finland
Payments and market infrastructures in the digital era	Bank of France
Fluctuations in global macro volatility	Bank of Spain
Preparing for uncertainty - Memo to the president fo the European Central Bank	Bruegel
Redefining Europe's economic sovereignty	Bruegel
The threats to the European Union?s economic sovereignty	Bruegel
Bank Assets, Liquidity and Credit Cycles	CEPR
Chaebols and firm dynamics in Korea	CEPR
Externalities and financial crisis - enough to cause collapse?	CEPR
Forward-Looking Policy Rules and Currency Premia	CEPR
FUNDING AND FINANCING INFRASTRUCTURE: THE JOINT-USE OF PUBLIC AND PRIVATE FINANCE	CEPR
Puzzling Exchange Rate Dynamics and Delayed Portfolio Adjustment	CEPR
Rebranding Capital Markets Union: A market finance action plan	CEPS
Who holds Italian government debt?	CEPS
Financial cycles across G7 economies: A view from wavelet analysis	Deutsche Bundesbank
Liquidity stress detection in the European banking sector	DNB
Impact of higher capital buffers on banks' lending and risk-taking: evidence from the euro area experiments	ECB
Macroprudential stress test of the euro area banking system	ECB
The European Central Bank and EU procurement law: a comparative outlook	ECB
Current Account Imbalances and the Euro Area: Alternative Views	EconPol
Research and development activities in Belgium : A snapshot of past investment for the country's future	National Bank of Belgium
Liquidity at risk: Joint stress testing of solvency and liquidity	Norges Bank
Data Science in the New Economy: A new race for talent in the Fourth Industrial Revolution	WEF
Empowering 8 Billion Minds: Enabling Better Mental Health for All via the Ethical Adoption of Technologies	WEF
Incentivizing responsible and secure innovation Principles and guidance for investors	WEF
Top 10 Emerging Technologies 2019	WEF
Windows of Opportunity: Facilitating Trade with Blockchain Technology	WEF
Digitalization and the Future of Work: Macroeconomic Consequences	ZEW

제 목	발행기관
Aid for Trade in Asia and the Pacific: Promoting Economic Diversification and Empowerment	ADB
Distributed Ledger Technology and Digital Assets: Policy and Regulatory Challenges in Asia	ADB
The Growth Impact of Disasters in Developing Asia	ADB
The Links between Climate Change, Disasters, Migration, and Social Resilience in Asia: A Literature Review	ADB
Do Banks Price Environmental Risk? Evidence from a Quasi Natural Experiment in the People's Republic of China	ADBI
Leveraging Services for Development: Prospects and Policies	ADBI
Problems and Opportunities for Leveraging SME Finance through Value Chains in Azerbaijan	ADBI
Quantifying the Economic Spillover Effect for Citywide Fecal Sludge Management Programs	ADBI
Financial Interconnectedness, Amplification, and Cross-Border Activity	BOJ
Inflation and Social Welfare in a New Keynesian Model: The Case of Japan and the U.S.	BOJ
Interpolation of Japan's Household Consumption during World War II	BOJ
The Quarterly Japanese Economic Model (Q-JEM): 2019 version	BOJ
Tight Money-Tight Credit: Coordination Failure in the Conduct of Monetary and Financial Policies	BOJ
입출금 정보를 이용한 신용리스크 평가 - 기계학습에 의한 실증분석 (In Japanese)	BOJ
레버리지비율 고찰 - 국내기준 은행에 대한 적용 여부 (In Japanese)	FSA Japan
러시아경제 현황과 전망 (In Japanese)	IIMA
Lack of Successors, Firm Default, and the Performance of Small Businesses	RIETI

제 목	발행기관
Global real rates: a secular approach	BIS
Has globalization changed the inflation process?	BIS
Is the financial system sufficiently resilient: a research programme and policy agenda	BIS
Proportionality under Pillar 2 of the Basel framework	BIS
MPFD Working Paper on Cheating the Government: Does Taxpayer Perception Matter?	ESCAP
Bank asset quality and monetary policy pass-through	ESRB
Rethinking capital regulation: the case for a dividend prudential target	ESRB
Review of the Technical Implementation of the Total Loss-Absorbing Capacity (TLAC) Standard	FSB
Anti-Money-Laundering (AML) & Countering Financing of Terrorism (CFT) Risk Management in Emerging Market Banks	IFC
DARP-Creating Distressed Assets Markets - Lessons Learned Since the Global Financial Crisis and Opportunities for Investors in Emerging Markets Today	IFC
Trade Finance and the Compliance Challenge	IFC
Anatomy of Sudden Yen Appreciations	IMF
Competition and Bank Risk the Role of Securitization and Bank Capital	IMF
E-commerce as a Potential New Engine for Growth in Asia	IMF
Long-Term Returns in Distressed Sovereign Bond Markets: How Did Investors Fare?	IMF
Productivity Drag from Small and Medium-Sized Enterprises in Japan	IMF
Public Wealth in the United States	IMF
Real Effective Exchange Rate and Trade Balance Adjustment: The Case of Turkey	IMF
Technological Changes, Offshoring, and the Labor Share	IMF
The Euro-Area Government Spending Multiplier at the Effective Lower Bound	IMF
The Measurement of External Accounts	IMF
The Price of Capital Goods: A Driver of Investment Under Threat	IMF
The Rewards of Fiscal Consolidation: Sovereign Spreads and Confidence Effects	IMF
Trade Wars and Trade Deals: Estimated Effects using a Multi-Sector Model	IMF
Aid for Trade at a Glance 2019	OECD
Data Analytics in SMEs : Trends and Policies	OECD
Economic interactions between climate change and outdoor air pollution	OECD
Housing markets and macroeconomic risks	OECD
The broad policy toolkit for financial stability : Foundations, fences, and fire doors	OECD
The Potential for Blockchain Technology in Corporate Governance	OECD
From Development to Differentiation: Just how much has the world changed?	UNCTAD
Beyond the S-curve : Insurance Penetration, Institutional Quality and Financial Market Development	World Bank
Climate Finance, Carbon Market Mechanisms and Finance "Blending" as Instruments to Support NDC Achievement under the Paris Agreement	World Bank
I Perceive Therefore I Demand : The Formation of Inequality Perceptions and Demand for Redistribution	World Bank
Taking Another Look at Policy Research on China's Accession to the World Trade Organization	World Bank
The Nollywood Nudge : An Entertaining Approach to Saving	World Bank

제 목	발행기관
JPMorgan Sees Rising Risk of Bond Tantrum That Could Hit Stocks	bloomberg
Morgan Stanley Turns Bearish on Global Stocks as Challenges Grow	bloomberg
China Bond Defaults Are Looking Less Scary	bloomberg
Even Trade War Winners Can Lose	bloomberg
Elizabeth Warren Starts Winning Begrudging Respect on Wall Street	bloomberg
Roubini Wants the World to See His Latest Tirade Against Crypto	bloomberg
BIS Starts FinTech Hub as Central Banks Look Into Crypto	bloomberg
Lagarde Is an Inspired and Unusual Choice to Lead the European Central Bank	bloomberg
BIS Starts FinTech Hub as Central Banks Look Into Crypto	bloomberg
Junk Debt Investors Welcome Rare Green Bond With Strong Demand	bloomberg
A brief history and future of credit scores	economist
The global crisis in conservatism	economist
Japanese people need to put more aside for retirement	economist
The rise and rise of private capital	economist
Boris Johnson may reverse Britains embrace of sin taxes	economist
Londons reign as the worlds capital of capital is at risk	economist
EU leaders settle on a new team to run the club	economist
How a victim of the cultural revolution mastered economics	economist
America and China resume talks in a bid to end their trade war	economist
Globalisation is dead and we need to invent a new world order	economist
The fracturing of the global economic consensus	ft
Will European government bonds continue to push higher	ft
Cutting rates cannot curb property boom and bust	ft
Rate cut hopes support stocks and bonds after Wall Street record	ft
SEC to ease burden on companies that violate securities laws	ft
US stocks close at records alongside bond rally	ft
China to allow foreign ownership of securities companies in 2020	ft
FCA regulator warns cryptocurrency groups to get it right	ft
Bitcoin price falls sharply after Facebank surge	ft
How economics can raise its game	ft
Greek Voters Turn to Growth	wsj
Indian Bank Defrauded by Another Borrower	wsj
A Tale of Two Economies	wsj
Stocks Face Jobs Report After Hitting Records	wsj
Bitcoin Rally Fuels Market in Crypto Derivatives	wsj
Lagarde Likely Would Keep ECB on Current Course	wsj
China Accelerates the Opening of Its Financial Sector to Foreigners	wsj
Oil Prices Fall as Reaction to OPEC Cut Is Muted	wsj
ECB Draghi Grows Bolder as His Tenure Nears End	wsj
Gray Wave of Workers Gives Slow Growing World a Boost	wsj