Download the fantastic book titled Sovereigns and Financial Intermediaries Spillovers written by Mr.Hamid R Tabarraei, available in its entirety in both PDF and EPUB formats for online reading. This page includes a concise summary, a preview of the book cover, and detailed information about "Sovereigns and Financial Intermediaries Spillovers", which was released on 27 February 2019. We suggest perusing the summary before initiating your download. This book is a top selection for enthusiasts of the Business & Economics genre.
Summary of Sovereigns and Financial Intermediaries Spillovers by Mr.Hamid R Tabarraei PDF
We examine the spillover effects between sovereigns and banks in a model with a heterogeneous banking system. An increase in sovereign’s default risk affects financial intermediaries through two channels in this model. First, banks’ funding costs might increase, inducing higher interest rates on loans and bonds and a cut back in these assets. Second, financial regulator’s risk-weighted asset framework would assign higher weights to lower quality assets, implying a portfolio rebalancing and more deleveraging. While capital adequacy requirements weaken the impact of shocks emerging from the real economy, they amplify the effect of shocks on banks’ balance sheets.
Detail About Sovereigns and Financial Intermediaries Spillovers PDF
- Author : Mr.Hamid R Tabarraei
- Publisher : International Monetary Fund
- Genre : Business & Economics
- Total Pages : 33 pages
- ISBN : 1498301754
- Release Date : 27 February 2019
- PDF File Size : 16,7 Mb
- Language : English
- Rating : 4/5 from 21 reviews
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