Volume/Issue: 2015/255
Series: IMF Working Papers
Author(s):
Serkan Arslanalp
, and
Yin Liao
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
09
December
2015
DOI: http://dx.doi.org/10.5089/9781513568560.001
ISBN: 9781513568560
In this paper, we develop a methodology to assess potential losses to the government that could arise from bank failures. The approach is intended to be simple, parsimonious, and used in real time. It generates an...
Volume/Issue: 2015/21
Series: IMF Working Papers
Author(s):
Froukelien Wendt
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
27
January
2015
DOI: http://dx.doi.org/10.5089/9781475572933.001
ISBN: 9781475572933
Central counterparties (CCPs) can offer significant benefits to a market. However, CCPs are also highly interconnected with financial institutions and markets and therefore too important to fail. The increased volu...
Volume/Issue: 2014/47
Series: IMF Working Papers
Author(s):
Rahul Anand
, and
Volodymyr Tulin
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
24
March
2014
DOI: http://dx.doi.org/10.5089/9781475531183.001
ISBN: 9781475531183
This paper documents the recent slowdown in investment in India and explores its underlying causes. The sharp investment deceleration has sparked an intense debate about the role of interest rates, as well as busin...
Volume/Issue: 2014/37
Series: IMF Working Papers
Author(s):
Fabian Lipinsky
, and
Li Lian Ong
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
26
February
2014
DOI: http://dx.doi.org/10.5089/9781484320143.001
ISBN: 9781484320143
Stock markets play a key role in corporate financing in Asia. However, despite their increasing importance in terms of size and cross-border investment activity, the region's markets are reputed to be more 'idiosyn...
Volume/Issue: 2014/25
Series: IMF Working Papers
Author(s):
Stijn Claessens
, and
Lev Ratnovski
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
11
February
2014
DOI: http://dx.doi.org/10.5089/9781475597349.001
ISBN: 9781475597349
There is much confusion about what shadow banking is. Some equate it with securitization, others with non-traditional bank activities, and yet others with non-bank lending. Regardless, most think of shadow banking...
Volume/Issue: 2011/183
Series: IMF Working Papers
Author(s):
Tamim Bayoumi
, and
Trung Bui
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
August
2011
DOI: http://dx.doi.org/10.5089/9781462309290.001
ISBN: 9781462309290
Event studies are used to analyze the impact of U.S. financial, fiscal, and monetary policies from US to foreign asset prices across a range of G20 countries and Switzerland. The initial announcement that the Admin...
Volume/Issue: 2011/175
Series: IMF Working Papers
Author(s):
Gabriel Di Bella
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
July
2011
DOI: http://dx.doi.org/10.5089/9781462313303.001
ISBN: 9781462313303
The global financial crisis affected microfinance institutions (MFIs) as lending growth was constrained by scarcer borrowing opportunities, while the economic slowdown negatively impacted asset quality and profitab...
Volume/Issue: 2011/50
Series: IMF Working Papers
Author(s):
Poonam Gupta
,
Kalpana Kochhar
, and
Sanjaya Panth
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
March
2011
DOI: http://dx.doi.org/10.5089/9781455218929.001
ISBN: 9781455218929
Do financial sector reforms necessarily result in expansion of credit to the private sector? How does bank ownership affect the availability of credit to the private sector? Empirical evidence is somewhat mixed on...
Volume/Issue: 2009/45
Series: IMF Working Papers
Author(s):
Stijn Claessens
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
March
2009
DOI: http://dx.doi.org/10.5089/9781451871937.001
ISBN: 9781451871937
As in other sectors, competition in finance matters for allocative, productive and dynamic efficiency. Theory suggests, however, that unfettered competition is not first best given the special features of finance....
Volume/Issue: 2007/85
Series: IMF Working Papers
Author(s):
Helene Poirson Ward
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
April
2007
DOI: http://dx.doi.org/10.5089/9781451866490.001
ISBN: 9781451866490
India's planned pension reform will set up a proper regulatory framework for the pension industry and open up the sector to private fund managers. Drawing on international experiences, the paper highlights pre-cond...