Forecasting domestic liquidity during a crisis: what works best?

Moore, Winston

doi:10.1002/for.1033

Cited by 4 publications

(1 citation statement)

References 15 publications

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“…One of the most important determinants of the severity of banking crisis is commercial bank liquidity, which can be measured by the bank liquid reserves to bank assets ratio. More liquid systems are able to cope better with deposit withdrawals, Moore (2007). Furthermore, it is argued by Gourinchas (2010) that cheap and poorly documented mortgage financing helped fuel an unsustainable housing boom in the USA which triggered subprime crisis.…”

Section: Box 2 Unit Labour Costmentioning

confidence: 99%

A new approach to the Scoreboard

Magazzino

Felici

Bozic

2015

Journal of Economic Studies

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If you would like to write for this, or any other Emerald publication, then please use our Emerald for Authors service information about how to choose which publication to write for and submission guidelines are available for all. Please visit www.emeraldinsight.com/authors for more information. About Emerald www.emeraldinsight.comEmerald is a global publisher linking research and practice to the benefit of society. The company manages a portfolio of more than 290 journals and over 2,350 books and book series volumes, as well as providing an extensive range of online products and additional customer resources and services.Emerald is both COUNTER 4 and TRANSFER compliant. The organization is a partner of the Committee on Publication Ethics (COPE) and also works with Portico and the LOCKSS initiative for digital archive preservation. AbstractPurpose -The purpose of this paper is to investigate the information content of the variables that can help detecting external and internal imbalances in an early stage. The starting point is the Scoreboard, where nine indicators are chosen in order to increase macroeconomic surveillance of all member states. Design/methodology/approach -This paper provides an overview of the variables that could be informative for imbalances by focusing on EU-27 countries over the period 1960-2010. The number of chosen variables is 28, and they are aggregated in six macro-areas. Therefore, once an imbalance is observed in any of those areas, it is possible to detect in a simple way which specific variable is determining such outcome. Findings -In general, this approach provides reliable signal to the policy-makers about the indicators that can drive imbalances within the area, shedding light on the relationship among the variables included in the analysis, too. Research limitations/implications -In fact, the empirical results underline some well-known critical issue for several countries, and is largely in line with results obtained in a variety of EC and OECD studies. Originality/value -The main added value of the approach adopted in this paper is the introduction of more variables than those initially proposed by the European Commission in the construction of the Scoreboard. This provides more information about the macroeconomic situation in each country, preserving, however, the simplicity of the analysis as the variables are aggregated by homogeneous areas.

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Section: Box 2 Unit Labour Costmentioning

confidence: 99%

A new approach to the Scoreboard

Magazzino

Felici

Bozic

2015

Journal of Economic Studies

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Contributions to financial crisis research: an assessment of the literature in Social Science Citation Index journals from 1990 to 2008

Moh

Lin

2011

Applied Economics

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Research in the field of financial crisis has generated a considerable amount of literature in the past, yet there has neither been any study to assess the contributions to the literature made by individuals or institutions, nor any to measure the impact of the articles and researchers. This study represents an attempt to: (1) investigate the major journals in publishing financial crisis research, (2) assess the contributions of individual researchers and institutions using the credited contribution approach and (3) measure the impact of individual publications and individual researchers on the financial crisis literature through citation analysis, based on the publications in Social Science Citation Index (SSCI) journals from 1990 to 2008. The findings provide a useful benchmark for assessing individual and institutional research productivity, and trends for future research and venues for publications are identified

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