Emerging Research On Monetary Policy Banking And Financial Markets

Author : Spulbar, Cristi,Birau, Ramona
Publisher : IGI Global
Page : 322 pages
File Size : 55,6 Mb
Release : 2019-06-14
Category : Business & Economics
ISBN : 9781522592716

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Emerging Research on Monetary Policy, Banking, and Financial Markets by Spulbar, Cristi,Birau, Ramona Pdf

As more and more emerging markets seek to compete in an ever-growing pool of global competitors, rapidly growing economies are consistently running into issues relating to the proper understanding of fiscal markets. The future of global economics depends on the wellbeing of sustainable economic growth and the expansion of banking systems. Emerging Research on Monetary Policy, Banking, and Financial Markets is an essential reference source that discusses the complex nature of financial markets and the growth of developing economies. Featuring research on topics such as international markets, transition economies, and financial instability, this book is ideally designed for academicians, students, researchers, policymakers, professionals, financial analysts, and economists interested in the future of reformed worldwide banking systems.

Author : Naoyuki Yoshino,Pornpinun Chantapacdepong,Matthias Helble
Publisher : Oxford University Press, USA
Page : 345 pages
File Size : 54,8 Mb
Release : 2019
Category : Business & Economics
ISBN : 9780198838104

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Macroeconomic Shocks and Unconventional Monetary Policy by Naoyuki Yoshino,Pornpinun Chantapacdepong,Matthias Helble Pdf

Barely two decades after the Asian financial crisis Asia was suddenly confronted with multiple challenges originating outside the region: the 2008 global financial crisis, the European debt crisis, and finally developed economies' implementation of unconventional monetary policies. The implementation of quantitative easing, ultra-low interest rate policies, and negative interest rate policies by a number of large central banks has given rise to concerns over financial stability and international capital flows. Macroeconomic Shocks and Unconventional Monetary Policy: Impacts on Emerging Markets explains how shocks stemming from the global financial crisis have affected macroeconomic and financial stability in emerging Asia. Macroeconomic Shocks and Unconventional Monetary Policy: Impacts on Emerging Markets brings together the most up-to-date knowledge impacts of recent macroeconomic shocks on Asia's real economy; the spillover effects of macroeconomic shocks on financial markets and flows in Asia; and key challenges for monetary, exchange rate, trade and macro prudential policies of developing Asian economies. It is authored by experts in the field of international macroeconomics from leading academic institutions, central banks, and international organizations including the International Monetary Fund, the Bank for International Settlement, and the Asian Development Bank Institute.

Author : Frederic S. Mishkin
Publisher : World Bank Publications
Page : 48 pages
File Size : 52,8 Mb
Release : 2001
Category : Crisis financiera - Paises en desarrollo
ISBN : 8210379456XXX

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Financial Policies and the Prevention of Financial Crises in Emerging Market Economics by Frederic S. Mishkin Pdf

In recent years we have seen a growing number of banking and financial crises in emerging market countries, with great costs to their economies. But we now have a much better understanding of why these crises occur and a better idea how they can be prevented.

Author : Gill Hammond,S. M. Ravi Kanbur,Eswar Prasad
Publisher : Edward Elgar Publishing
Page : 369 pages
File Size : 43,6 Mb
Release : 2009-01-01
Category : Business & Economics
ISBN : 9781848449190

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Monetary Policy Frameworks for Emerging Markets by Gill Hammond,S. M. Ravi Kanbur,Eswar Prasad Pdf

Financial globalisation has made the formulation of monetary policy in emerging market economies increasingly complicated. This timely set of studies looks at the turmoil in global financial markets, which, coupled with volatile inflation, poses serious challenges for central banks in these countries. The book features a number of specially commissioned new papers from both front-line policymakers and researchers in developing and emerging market economies, which tackle the difficult issues currently being debated with increasing urgency by monetary policy theorists and policymakers around the world. They address questions such as: What monetary policy framework is most suitable for emerging market countries to confront the new challenges while they continue to open up to trade and financial flows? , What are the linkages between monetary stability and financial stability? and Is inflation targeting or a fixed exchange rate regime preferable for developing and emerging markets? Providing unique insights on the interaction between the theory and practice of monetary policy in emerging markets, this book will be of great interest to academics and students of economics, economic policy and development economics. Policymakers will also find this to be a useful and thought-provoking read.

Author : Giusy Chesini,Elisa Giaretta,Andrea Paltrinieri
Publisher : Springer
Page : 159 pages
File Size : 50,9 Mb
Release : 2017-10-11
Category : Business & Economics
ISBN : 9783319548913

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Financial Markets, SME Financing and Emerging Economies by Giusy Chesini,Elisa Giaretta,Andrea Paltrinieri Pdf

This book investigates small and medium sized enterprises (SMEs) access to credit, the earning quality, and the cost of debt in the European Union. It also examines two important risk measures in financial markets: the volatility index (VIX) and Credit Default Swaps (CDS). Finally, it deep dives inside one of the most important emerging markets, China, to assess monetary policy and the relationship between financial institutions and real estate firms. This work will appeal to both academics and practitioners in the areas of SME financing, financial markets and emerging economies.

Author : James R. Barth,John A. Tatom,Glenn Yago
Publisher : Springer Science & Business Media
Page : 661 pages
File Size : 51,8 Mb
Release : 2009-12-02
Category : Business & Economics
ISBN : 9780387937694

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China's Emerging Financial Markets by James R. Barth,John A. Tatom,Glenn Yago Pdf

China’s emerging financial markets reflect the usual contrast between the country’s measured approach toward policy, regulatory, and market reform, and the dynamic pace of rapid economic growth and development. But they also offer unusual challenges and opportunities. In the past five years, the pace of opening and reform has accelerated sharply. Recapitalization and partial privatization of the largest banks, and the allowance of some joint venture and branch operations for foreign financial institutions, are making rapid headway in developing and expanding financial services and improving access to domestic business and households. This book provides the most extensive look available at the evolving Chinese financial system. It begins with alternative perspectives on the evolution of the financial system and the broad outlines of its prospects and potential contribution to economic growth. Three articles review broad aspects of the financial system. Franklin Allen, Jun ‘‘QJ’’ Qian, Meijun Qian, and Mengxin Zhao lead off with overviews of the banking system and performance of the equity market and other institutions.

Author : Çagatay Basarir,Burak Darici
Publisher : Rowman & Littlefield
Page : 227 pages
File Size : 41,9 Mb
Release : 2021-10-11
Category : Business & Economics
ISBN : 9781793645562

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Financial Systems, Central Banking and Monetary Policy During COVID-19 Pandemic and After by Çagatay Basarir,Burak Darici Pdf

The book makes an effort in investigating the present and future developments in the financial system, after the COVID-19 Pandemic. The effects of health issues and epidemic diseases influencing the country economies and expected to influence to effect in the future in terms of banking sector especially Central Banking will be discussed. People who take this work will be able to look at events from different windows about money, banking, Central Banks, historical transformation of the banking sector and the relations among the entire financial system and policy makers and also their current issues.

Author : N. Tshiani
Publisher : Springer
Page : 151 pages
File Size : 53,6 Mb
Release : 2008-08-14
Category : Business & Economics
ISBN : 9780230594258

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Building Credible Central Banks by N. Tshiani Pdf

A credible central bank can effectively lead the process of financial sector reform in a developing country. This book discusses central banking issues and offers a clear path to building credible central banks in emerging economies.

Author : Angelo Baglioni
Publisher : Springer Nature
Page : 274 pages
File Size : 44,7 Mb
Release : 2024-06-17
Category : Electronic
ISBN : 9783031538858

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Monetary Policy Implementation by Angelo Baglioni Pdf

Author : David Mayes,Jan Toporowski
Publisher : Routledge
Page : 368 pages
File Size : 46,6 Mb
Release : 2007-05-24
Category : Business & Economics
ISBN : 9781134114351

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Open Market Operations and Financial Markets by David Mayes,Jan Toporowski Pdf

Using both academic and practitioner research, this is the most detailed book available that provides an account of open market operations, including discussions of central bank operations in Europe, North America, Australia and Japan.

Author : Rakesh Mohan,Muneesh Kapur
Publisher : International Monetary Fund
Page : 34 pages
File Size : 44,5 Mb
Release : 2014-04-29
Category : Business & Economics
ISBN : 9781484362518

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Monetary Policy Coordination and the Role of Central Banks by Rakesh Mohan,Muneesh Kapur Pdf

The unconventional monetary policies (UMPs) pursued by the advanced economies (AEs) have posed macroeconomic challenges for the emerging market economies (EMEs) through volatile capital flows and exchange rates. AE central banks need to acknowledge and appreciate the spillovers resulting from such UMPs. Central banks of the AEs, who have set up standing mutual swap facilities, should explore similar arrangements with other significant EMEs with appropriate risk mitigation measures. These initiatives could do much to actually curb volatility in global financial markets and hence in capital flows to EMEs, thus obviating the need for defensive policy actions on the part of EMEs.

Author : Andrada Bilan,Hans Degryse,Kuchulain O’Flynn,Steven Ongena
Publisher : Springer Nature
Page : 221 pages
File Size : 44,9 Mb
Release : 2019-11-13
Category : Business & Economics
ISBN : 9783030268442

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Banking and Financial Markets by Andrada Bilan,Hans Degryse,Kuchulain O’Flynn,Steven Ongena Pdf

The traditional role of a bank was to transfer funds from savers to investors, engaging in maturity transformation, screening for borrower risk and monitoring for borrower effort in doing so. A typical loan contract was set up along six simple dimensions: the amount, the interest rate, the expected credit risk (determining both the probability of default for the loan and the expected loss given default), the required collateral, the currency, and the lending technology. However, the modern banking industry today has a broad scope, offering a range of sophisticated financial products, a wider geography -- including exposure to countries with various currencies, regulation and monetary policy regimes -- and an increased reliance on financial innovation and technology. These new bank business models have had repercussions on the loan contract. In particular, the main components and risks of a loan contract can now be hedged on the market, by means of interest rate swaps, foreign exchange transactions, credit default swaps and securitization. Securitized loans can often be pledged as collateral, thus facilitating new lending. And the lending technology is evolving from one-to-one meetings between a loan officer and a borrower, at a bank branch, towards potentially disruptive technologies such as peer-to-peer lending, crowd funding or digital wallet services. This book studies the interaction between traditional and modern banking and the economic benefits and costs of this new financial ecosystem, by relying on recent empirical research in banking and finance and exploring the effects of increased financial sophistication on a particular dimension of the loan contract.

Author : Bang Nam Jeon,Ji Wu
Publisher : Emerald Group Publishing
Page : 227 pages
File Size : 41,7 Mb
Release : 2020-09-28
Category : Business & Economics
ISBN : 9781839820601

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Emerging Market Finance by Bang Nam Jeon,Ji Wu Pdf

This edited volume of International Finance Review examines the rising challenges facing emerging financial markets and institutions. It provides significant insight and policy implications on topics including global banking, risk and contagion, stock market behaviour, financial inclusion in the major emerging economies, and more.

Author : Franklin R. Edwards
Publisher : American Enterprise Institute
Page : 256 pages
File Size : 45,6 Mb
Release : 1996
Category : Business & Economics
ISBN : 0844739898

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The New Finance by Franklin R. Edwards Pdf

Dramatic changes in information and telecommunications technologies have transformed U.S. financial markets in the 1980s and 1990s. This book examines the growth of mutual funds and derivatives markets and the decline of banks and explores implications of those developments for financial stability and regulatory policy. One of the book's central conclusions is that the current system of bank regulation is out of step with today's financial realities and needs to be substantially changed. Franklin Edwards asserts that the best way to increase the freedom of financial institutions to compete while making the financial system less vulnerable to excessive risk-taking by individual financial institutions is to adopt a system of collateralized banking. He shows how adopting such a system will result in a more stable financial system, both by reducing our reliance on government to maintain financial soundness and by enhancing the effectiveness of private markets in controlling institutional risk taking.

Author : Frederic S. Mishkin
Publisher : MIT Press
Page : 561 pages
File Size : 46,5 Mb
Release : 2007
Category : Monetary policy
ISBN : 9780262134828

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Monetary Policy Strategy by Frederic S. Mishkin Pdf

This book by a leading authority on monetary policy offers a unique view of the subject from the perspectives of both scholar and practitioner. Frederic Mishkin is not only an academic expert in the field but also a high-level policymaker. He is especially well positioned to discuss the changes in the conduct of monetary policy in recent years, in particular the turn to inflation targeting. Monetary Policy Strategydescribes his work over the last ten years, offering published papers, new introductory material, and a summing up, "Everything You Wanted to Know about Monetary Policy Strategy, But Were Afraid to Ask," which reflects on what we have learned about monetary policy over the last thirty years. Mishkin blends theory, econometric evidence, and extensive case studies of monetary policy in advanced and emerging market and transition economies. Throughout, his focus is on these key areas: the importance of price stability and a nominal anch fiscal and financial preconditions for achieving price stability; central bank independence as an additional precondition; central bank accountability; the rationale for inflation targeting; the optimal inflation target; central bank transparency and communication; and the role of asset prices in monetary policy.