Liquidity and transparency in bank risk management /:
Banks may be unable to refinance short-term liabilities in case of solvency concerns. To manage this risk, banks can accumulate a buffer of liquid assets, or strengthen transparency to communicate solvency. While a liquidity buffer provides complete insurance against small shocks, transparency cover...
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1. Verfasser: | |
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
[Washington, D.C.] :
International Monetary Fund,
©2013.
|
Schriftenreihe: | IMF working paper ;
WP/13/16. |
Schlagworte: | |
Online-Zugang: | DE-862 DE-863 |
Zusammenfassung: | Banks may be unable to refinance short-term liabilities in case of solvency concerns. To manage this risk, banks can accumulate a buffer of liquid assets, or strengthen transparency to communicate solvency. While a liquidity buffer provides complete insurance against small shocks, transparency covers also large shocks but imperfectly. Due to leverage, an unregulated bank may choose insufficient liquidity buffers and transparency. The regulatory response is constrained: while liquidity buffers can be imposed, transparency is not verifiable. Moreover, liquidity requirements can compromise banks' transparency choices, and increase refinancing risk. To be effective, liquidity requirements should be complemented by measures that increase bank incentives to adopt transparency. |
Beschreibung: | Title from PDF title page (IMF Web site, viewed Jan. 30, 2013). "Research Department. "January 2013." |
Beschreibung: | 1 online resource (41 pages) |
Bibliographie: | Includes bibliographical references. |
ISBN: | 9781475545883 1475545886 9781475536157 1475536151 9781616356774 1616356774 |
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245 | 1 | 0 | |a Liquidity and transparency in bank risk management / |c prepared by Lev Ratnovski. |
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500 | |a Title from PDF title page (IMF Web site, viewed Jan. 30, 2013). | ||
520 | |a Banks may be unable to refinance short-term liabilities in case of solvency concerns. To manage this risk, banks can accumulate a buffer of liquid assets, or strengthen transparency to communicate solvency. While a liquidity buffer provides complete insurance against small shocks, transparency covers also large shocks but imperfectly. Due to leverage, an unregulated bank may choose insufficient liquidity buffers and transparency. The regulatory response is constrained: while liquidity buffers can be imposed, transparency is not verifiable. Moreover, liquidity requirements can compromise banks' transparency choices, and increase refinancing risk. To be effective, liquidity requirements should be complemented by measures that increase bank incentives to adopt transparency. | ||
504 | |a Includes bibliographical references. | ||
500 | |a "Research Department. | ||
500 | |a "January 2013." | ||
505 | 0 | |a Cover; Contents; I. Introduction; II. Related Literature; III. The Model; IV. Liquidity Risk Management; V. Regulation; VI. Conclusion; References; Appendix; A.A Model Without Deposit Insurance; B.A Quantitative Example; Figures; 1. The Timeline; 2. The Information Structure; 3. Socially Optimal Liquidity Risk Management; 4. Private Risk Management Choices; 5. The Unintended Effects of Liquidity Requirements; 6. Maturity Mismatch Limits. | |
650 | 0 | |a Bank liquidity |x Econometric models. | |
650 | 0 | |a Risk management |x Econometric models. | |
650 | 6 | |a Banques |x Liquidité |x Modèles économétriques. | |
650 | 6 | |a Gestion du risque |x Modèles économétriques. | |
650 | 7 | |a BUSINESS & ECONOMICS |x Banks & Banking. |2 bisacsh | |
650 | 7 | |a Risk management |x Econometric models |2 fast | |
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Datensatz im Suchindex
DE-BY-FWS_katkey | ZDB-4-EBU-ocn826038462 |
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adam_text | |
any_adam_object | |
author | Ratnovski, Lev |
author_GND | http://id.loc.gov/authorities/names/no2008007608 |
author_corporate | International Monetary Fund. Research Department |
author_corporate_role | |
author_facet | Ratnovski, Lev International Monetary Fund. Research Department |
author_role | |
author_sort | Ratnovski, Lev |
author_variant | l r lr |
building | Verbundindex |
bvnumber | localFWS |
callnumber-first | H - Social Science |
callnumber-label | HG3881 |
callnumber-raw | HG3881.5.I58 W67 No. 13/16eb |
callnumber-search | HG3881.5.I58 W67 No. 13/16eb |
callnumber-sort | HG 43881.5 I58 W67 NO 213 216EB |
callnumber-subject | HG - Finance |
collection | ZDB-4-EBU |
contents | Cover; Contents; I. Introduction; II. Related Literature; III. The Model; IV. Liquidity Risk Management; V. Regulation; VI. Conclusion; References; Appendix; A.A Model Without Deposit Insurance; B.A Quantitative Example; Figures; 1. The Timeline; 2. The Information Structure; 3. Socially Optimal Liquidity Risk Management; 4. Private Risk Management Choices; 5. The Unintended Effects of Liquidity Requirements; 6. Maturity Mismatch Limits. |
ctrlnum | (OCoLC)826038462 |
dewey-full | 332.152 |
dewey-hundreds | 300 - Social sciences |
dewey-ones | 332 - Financial economics |
dewey-raw | 332.152 |
dewey-search | 332.152 |
dewey-sort | 3332.152 |
dewey-tens | 330 - Economics |
discipline | Wirtschaftswissenschaften |
format | Electronic eBook |
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id | ZDB-4-EBU-ocn826038462 |
illustrated | Not Illustrated |
indexdate | 2025-03-18T14:27:42Z |
institution | BVB |
institution_GND | http://id.loc.gov/authorities/names/n77001219 |
isbn | 9781475545883 1475545886 9781475536157 1475536151 9781616356774 1616356774 |
language | English |
oclc_num | 826038462 |
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spelling | Ratnovski, Lev. http://id.loc.gov/authorities/names/no2008007608 Liquidity and transparency in bank risk management / prepared by Lev Ratnovski. [Washington, D.C.] : International Monetary Fund, ©2013. 1 online resource (41 pages) text txt rdacontent computer c rdamedia online resource cr rdacarrier IMF working paper ; WP/13/16 Title from PDF title page (IMF Web site, viewed Jan. 30, 2013). Banks may be unable to refinance short-term liabilities in case of solvency concerns. To manage this risk, banks can accumulate a buffer of liquid assets, or strengthen transparency to communicate solvency. While a liquidity buffer provides complete insurance against small shocks, transparency covers also large shocks but imperfectly. Due to leverage, an unregulated bank may choose insufficient liquidity buffers and transparency. The regulatory response is constrained: while liquidity buffers can be imposed, transparency is not verifiable. Moreover, liquidity requirements can compromise banks' transparency choices, and increase refinancing risk. To be effective, liquidity requirements should be complemented by measures that increase bank incentives to adopt transparency. Includes bibliographical references. "Research Department. "January 2013." Cover; Contents; I. Introduction; II. Related Literature; III. The Model; IV. Liquidity Risk Management; V. Regulation; VI. Conclusion; References; Appendix; A.A Model Without Deposit Insurance; B.A Quantitative Example; Figures; 1. The Timeline; 2. The Information Structure; 3. Socially Optimal Liquidity Risk Management; 4. Private Risk Management Choices; 5. The Unintended Effects of Liquidity Requirements; 6. Maturity Mismatch Limits. Bank liquidity Econometric models. Risk management Econometric models. Banques Liquidité Modèles économétriques. Gestion du risque Modèles économétriques. BUSINESS & ECONOMICS Banks & Banking. bisacsh Risk management Econometric models fast International Monetary Fund. Research Department. http://id.loc.gov/authorities/names/n77001219 has work: Liquidity and transparency in bank risk management (Text) https://id.oclc.org/worldcat/entity/E39PCGFMpvGvFHhVFP8Bvf4hjK https://id.oclc.org/worldcat/ontology/hasWork IMF working paper ; WP/13/16. http://id.loc.gov/authorities/names/no89010263 |
spellingShingle | Ratnovski, Lev Liquidity and transparency in bank risk management / IMF working paper ; Cover; Contents; I. Introduction; II. Related Literature; III. The Model; IV. Liquidity Risk Management; V. Regulation; VI. Conclusion; References; Appendix; A.A Model Without Deposit Insurance; B.A Quantitative Example; Figures; 1. The Timeline; 2. The Information Structure; 3. Socially Optimal Liquidity Risk Management; 4. Private Risk Management Choices; 5. The Unintended Effects of Liquidity Requirements; 6. Maturity Mismatch Limits. Bank liquidity Econometric models. Risk management Econometric models. Banques Liquidité Modèles économétriques. Gestion du risque Modèles économétriques. BUSINESS & ECONOMICS Banks & Banking. bisacsh Risk management Econometric models fast |
title | Liquidity and transparency in bank risk management / |
title_auth | Liquidity and transparency in bank risk management / |
title_exact_search | Liquidity and transparency in bank risk management / |
title_full | Liquidity and transparency in bank risk management / prepared by Lev Ratnovski. |
title_fullStr | Liquidity and transparency in bank risk management / prepared by Lev Ratnovski. |
title_full_unstemmed | Liquidity and transparency in bank risk management / prepared by Lev Ratnovski. |
title_short | Liquidity and transparency in bank risk management / |
title_sort | liquidity and transparency in bank risk management |
topic | Bank liquidity Econometric models. Risk management Econometric models. Banques Liquidité Modèles économétriques. Gestion du risque Modèles économétriques. BUSINESS & ECONOMICS Banks & Banking. bisacsh Risk management Econometric models fast |
topic_facet | Bank liquidity Econometric models. Risk management Econometric models. Banques Liquidité Modèles économétriques. Gestion du risque Modèles économétriques. BUSINESS & ECONOMICS Banks & Banking. Risk management Econometric models |
work_keys_str_mv | AT ratnovskilev liquidityandtransparencyinbankriskmanagement AT internationalmonetaryfundresearchdepartment liquidityandtransparencyinbankriskmanagement |