[PDF] Top 20 Banks, liquidity crises and economic growth

... long- and short-run relationships without being able to observe the long- and short-run components of the variables ...Phillips and Hansen ...estimation and inference are incorrect. Pesaran ... See full document

... the economic crisis, the crisis itself actually being a greenhouse effect, meaning a disaster caused by disasters and, in its turn, a generator of other ...population growth and for which ... See full document

... Structural Liquidity Index (SLI) and macroeconomic variables, bank characteristics, and the validity period of the Basel III ...bank liquidity essentially addresses short-term issues, ... See full document

... maintain liquidity buffers of a size that would be defined by each institution in accordance with a measure called the Liquidity Coverage Ratio (hereinafter, ...institution and the institution's cash ... See full document

... balance and not least the banking sector problems (Mishkin, ...weaknesses and loopholes in the structure of international financial ...of economic growth (Daianu and Lungu, ... See full document

... the liquidity creation measures we find empirical evidence that among large and small banks the relationship between regulatory capital and liquidity creation is negative and ... See full document

... wide and diversified sample with 59 ...1990 and 2015, with annual frequency ...market liquidity and economic development are calculated for each country using the Spearman's ... See full document

... cycle. And its ceasing to ...of liquidity (money) there is in the ...the economic cycle and, if everything was normal there would be no reason for that rate to be so ...central banks is ... See full document

... crisis and covering most of the institutions regardless of their ...Friedman and Anna J. Schwartz (1963) 20 advocate that bank panics and loss of confidence or “fear” are a primary cause of the 1931 ... See full document

... new growth theories play an important role in explaining aggre- gate ...in growth rates across countries are more robustly explained by differences in macroeconomic policies and unknown heterogeneity ... See full document

... Central Banks with the central banks of the 28 European Union’s countries, and of a cooperation referred to as the ...Council and general ...changed and adapted to the European Union ... See full document

... The standard recommends the second approach (result – based), requiring the acknowledgement of the subsidies to the incomes in the periods in which they can be connected with the afferent expenses, in order to compensat ... See full document

... IFRS and to the national accounting regulations, the objective of the financial statements is that of offering items of information regarding the financial position, the financial performance and the cash ... See full document

... income and neighborhood ...Cardia and Gomme (2018) that estimates parameters of a childcare production function using data on primary and sec- ondary childcare from the American Time Use ...1965 ... See full document

... measurement and the omission of variables can bias the estimation. Third, and according to Forbes the main problem, is that studies do not properly explain how changes in the level of a country’s inequality ... See full document

... A more consistent view is that a substantia1 decline in real wages was inevitable, given the policy objectives of increasing indirect taxes, real rents and real [r] ... See full document

... enough banks to absorb the capital losses of bankruptcy ...USA and Great Britain Government demonstrated the existence of capital ...administrative and prudential measures implemented by The National ... See full document

... 1950-1989 and 72 countries (21 industrial and 51 developing ...(LCBI), and a measure for the actual independence of the Central Bank, reflected by the Chief Executive Officer (CEO)’s actual turnover ... See full document

... Environmental protection issues took magnitude in recent years, being included on the list of priorities of the European Union. To reduce the negative externalities, a solution of compromise is taxing products whose ... See full document

... rating banks (Moody’s, 2016; Fitch, 2015; Standard & Poor’s, ...risk and the banking sector, according to Correa, Lee, Sapriza, and ...affect banks in three ...domestic economic ... See full document