European Parliament Library

Central and Commercial Bank Balance Sheet Risk Before, During, and After the Global Financial Crisis, Joe Crowley

Abstract
This paper presents an overview of exposures in the balance sheets of central banks, banks, and other depository institutions during the past decade, with emphasis on asset growth and currency composition. It exploits the IMF’s SRF-based monetary data to show: (i) there was a widely observed buildup of assets prior to the global financial crisis, but there has been no significant reduction in its wake; (ii) the foreign currency composition of the balance sheets of banks and other depository institutions remained remarkably constant in spite of the crisis, significant changes in the composition of balance sheets, and globalization, and does not seem to have been significantly influenced by the behavior of exchange rates; and (iii) exposure to households increased prior to the crisis, but this increased risk was offset by increased capitalization
Table Of Contents
Cover; Central and Commercial Bank Balance Sheet Risk Before, During, and After the Global Financial Crisis; I. INTRODUCTION; II. CHARACTERISTICS AND PRESENTATION OF THE DATA; III. THE GROWTH OF ASSETS; IV. RESIDENT-NONRESIDENTS POSITIONS OF DCS; V. CURRENCY COMPOSITION OF ASSETS AND LIABILITIES OF DCS; VI. CURRENCY COMPOSITION OF SHORT-TERM LIABILITIES; VII. EXCHANGE RATES AND DC POSITIONS IN FC; VIII. EXCHANGE RATES AND DOLLARIZATION; A. Simple OLS Regressions; B. Panel Regressions; IX. OTHER ASSET AND LIABILITY TRENDS OF ODCS AND THEIR RISK IMPLICATIONS; A. The Growth of Household Lending
Language
eng
Literary Form
non fiction
Note
Description based upon print version of record
Physical Description
1 online resource (55 p.)
Specific Material Designation
remote
Form Of Item
online
Isbn
9781498391429

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