Regulatory Reform

Metrick, Andrew; Rhee, June

doi:10.1146/annurev-financial-110217-022646

Cited by 5 publications

(5 citation statements)

References 45 publications

Supporting

Mentioning

Contrasting

Unclassified

Order By: Relevance

“…Postcrisis, however, capital and liquidity buffers have increased for EEs banks. Most likely, the postcrisis reforms introduced by bank regulators (Angelini et al , 2011; Aiyar et al , 2014; Baker et al , 2017; Wall, 2017; Zhang and Tressel, 2017; Metrick and Rhee, 2018) might have facilitated capital accumulation, increased liquidity buffer and constrained the risk-taking behavior of EEs banks.…”

Section: Resultsmentioning

confidence: 99%

Capital regulation, liquidity risk, efficiency and banks performance in emerging economies

Boamah

Opoku

Boakye-Dankwa

2022

JFRC

View full text Add to dashboard Cite

Purpose This study aims to examine the descriptive capabilities of efficiency, liquidity risk and capital risk for the cross-sectional and time-series variations in banks’ performance across emerging economies (EEs). It also examines the impact of the 2008 global financial crisis (GFC) on the effects of capital, liquidity and efficiency on banks’ performance. Design/methodology/approach The paper adopts a spatial panel model and collects data across 90 EEs. Findings The study shows that a surge in efficiency and liquidity improves bank performance. In addition, banks that finance credit creation primarily with core deposits perform better. Also, banks in EEs responded to the GFC. The findings show that banks in EEs respond to global events emanating from the developed economies. This indicates that EEs banks are relatively integrated with banks in developed markets. Originality/value Improvement in profit efficiency and effective liquidity and capital risk management enhance the performance of EEs banks.

show abstract

Section: Resultsmentioning

confidence: 99%

Capital regulation, liquidity risk, efficiency and banks performance in emerging economies

Boamah

Opoku

Boakye-Dankwa

2022

JFRC

View full text Add to dashboard Cite

show abstract

“…Питанням аналізу, функціонування та розвитку фінансової системи країн присвячено ряд публікацій як вітчизняних науковців, серед яких Благун [1], Довгань [4], так і зарубіжних науковців: Metrick, Rhee [12], Cerra, Saxena [2], Georgieva [6], Čihák, Sahay [3], Li, Liu, Wang [10]. Разом з тим певні проблемні питання реструктуризації в умовах фінансових криз, розвитку цифрової економіки, залишаються недостатньо дослідженими.…”

Section: літературний оглядunclassified

“…При цьому аналіз всього спектру регулювання системного ризику з точки зору діючих та запроваджених нормативних регулятивних актів умовно поділено на три групи: превентивні повноваження, надзвичайні повноваження та повноваження щодо вирішення та реструктуризації. Представники школи менеджменту Єльського університету Метрік та Рі [12], систематизувавши основні заходи, що були здійснені в сфері фінансового регулювання визначили ключові елементи регулювання системним ризиком, з якими цілком погоджуємось. Найбільш вагомим в системі фінансового регулювання є, по-перше, реформування Базельської системи банківського нагляду.…”

Section: результатиunclassified

Strategic and tactical benchmarks for restructuring the financial system of Ukraine

Фролов

Orlov²,

Lozynska

et al. 2021

Economics of Development

View full text Add to dashboard Cite

General trends of the current stage of development of the world and domestic economies confirm the most important trends of financial systems of the leading countries, including Ukraine. Among them, it is advisable to highlight the following: financial inclusion, formation of an unassailable reputation by financial institutions, reducing the volume of shadow banking, increasing the level of the population’s financial literacy, developing financial technologies, and deepening the financial system. All of this involves increasing the size of financial assets in relation to the size of the economy based on the GDP indicator. Based on the results of generalizing the approaches of scientists to the list of determining factors affecting the development of the country’s financial system, the key role of the level of financial literacy of the population was established. The article presents the total index of financial literacy of the population of individual countries of Europe and the world based on the index components. The development of the financial system in all these areas creates conditions for a gradual transition to the development of a new quality financial ecosystem. The article proposes a definition of the financial ecosystem in the context of established hybrid of real and digital space based on the integration of financial institutions as key players with technology companies, public service providers and other participants. To ensure development, the advantages and disadvantages are specified based on the results of the SWOT analysis, which allowed to systematize the strengths and weaknesses, as well as the opportunities and threats of the financial ecosystem development. Based on the results of the analysis, four basic strategies for restructuring the financial system were developed, which are the basis for proposals for the development of the financial ecosystem and changing the business models of functioning of its subjects in Ukraine.

show abstract

“…As a result, although macroprudential regulations should improve the resilience of financial systems and broader economies, they should not be expected 1 Kenc (2016) highlights that although many of these issues are not new, the use of macroprudential tools had been fairly limited and idiosyncratic. Bolton et al (2019) and Metrick and Rhee (2018) discuss the increased attention to macroprudential policy in the broader set of reforms addressing vulnerabilities from the 2008 crisis. 2 See BIS (2016) for a collection of related research.…”

Section: Introductionmentioning

confidence: 99%

The International Aspects of Macroprudential Policy

Forbes

2021

Annu. Rev. Econ.

View full text Add to dashboard Cite

Countries are making more active use of macroprudential tools than in the past with the goal of improving the resilience of their broader financial systems. A growing body of evidence suggests that these tools can accomplish specific domestic goals and should reduce a country's vulnerability to many domestic and international shocks. The evidence also suggests, however, that these policies are not an elixir. They will not insulate economies from volatility, and they generate leakages to the nonbank financial system and spillovers through international borrowing, lending, and other cross-border exposures. Some of these unintended consequences can mitigate the effectiveness of macroprudential policies and generate new vulnerabilities and risks. The COVID-19 crisis provides a lens to evaluate the effectiveness of current macroprudential regulations during a period of extreme market volatility and economic stress. The experience to date suggests that macroprudential tools provide some benefits and should remain a focus of macroeconomic policy, but with realistic expectations about what they can accomplish. Expected final online publication date for the Annual Review of Economics, Volume 13 is August 2021. Please see http://www.annualreviews.org/page/journal/pubdates for revised estimates.

show abstract

Regulatory Reform

Cited by 5 publications

References 45 publications

Capital regulation, liquidity risk, efficiency and banks performance in emerging economies

Capital regulation, liquidity risk, efficiency and banks performance in emerging economies

Strategic and tactical benchmarks for restructuring the financial system of Ukraine

The International Aspects of Macroprudential Policy

Contact Info

Product

Resources

About