Journal of Financial Stability最新文献_第10页

Temporal networks and financial contagion 时间网络和金融传染

IF 5.4 2区经济学

Journal of Financial Stability Pub Date : 2024-01-26 DOI: 10.1016/j.jfs.2024.101224

Fabio Franch, Luca Nocciola, Angelos Vouldis

引用次数: 0

Uncertainty, non-linear contagion and the credit quality channel: An application to the Spanish interbank market 不确定性、非线性传染和信贷质量渠道：西班牙银行间市场的应用

IF 5.4 2区经济学

Journal of Financial Stability Pub Date : 2024-01-26 DOI: 10.1016/j.jfs.2024.101226

Adrian Carro , Patricia Stupariu

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引用次数: 0

On the optimal control of interbank contagion in the euro area banking system 论欧元区银行体系中银行间传染的最优控制

IF 5.4 2区经济学

Journal of Financial Stability Pub Date : 2024-01-26 DOI: 10.1016/j.jfs.2024.101225

Gábor Fukker, Christoffer Kok

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引用次数: 0

“Thank me later”: Why is (macro)prudence desirable? "待会儿再谢我"：为什么（宏观）谨慎是可取的？

IF 5.4 2区经济学

Journal of Financial Stability Pub Date : 2024-01-26 DOI: 10.1016/j.jfs.2024.101227

Graeme Cokayne , Eddie Gerba , Andreas Kuchler , Rasmus Pank Roulund

{"title":"“Thank me later”: Why is (macro)prudence desirable?","authors":"Graeme Cokayne , Eddie Gerba , Andreas Kuchler , Rasmus Pank Roulund","doi":"10.1016/j.jfs.2024.101227","DOIUrl":"10.1016/j.jfs.2024.101227","url":null,"abstract":"<div><p>We examine the social desirability of macroprudential measures, particularly those aimed at riskier home buyers. We examine the effectiveness of these measures against social costs, such as reduced access to the housing ladder for poorer households. Our analysis shows that the measures implemented so far have not limited access to credit or the housing markets. They have been effective in limiting the riskiest loans, minimizing negative equity episodes, reducing systemic risks by debilitating the house price-leverage spiral, and limiting the depths of contractions of a range of macro-financial variables. The welfare of households has also improved. Costs from these measures have been limited and have materialized through a rise in the age-income profile of first-time buyers, and somewhat more attenuated booms. Our results point to the conclusion that macroprudence is desirable when insulated from short-term interference and quick gains. The economy becomes more robust and even households in the lowest decile of the wealth distribution benefit from the general equilibrium effects of more stable financial provision.</p></div>","PeriodicalId":48027,"journal":{"name":"Journal of Financial Stability","volume":"71 ","pages":"Article 101227"},"PeriodicalIF":5.4,"publicationDate":"2024-01-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139633336","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Stock price crash risk and firms’ operating leverage 股价暴跌风险与公司的经营杠杆、

IF 5.4 2区经济学

Journal of Financial Stability Pub Date : 2024-01-25 DOI: 10.1016/j.jfs.2024.101219

Xin Chang , Louis T.W. Cheng , Wing Chun Kwok , George Wong

引用次数: 0

Isolating defensive corporate ESG effects: Evidence from purely domestic anti-COVID-19 measures 隔离防御性企业的环境、社会和治理效应：来自纯粹国内反《19 世纪议程》措施的证据

IF 5.4 2区经济学

Journal of Financial Stability Pub Date : 2024-01-24 DOI: 10.1016/j.jfs.2024.101220

John W. Goodell , Shaen Corbet , Yang (Greg) Hou , Yang Hu , Les Oxley

引用次数: 0

Bridging the information gap: How digitalization shapes stock price informativeness 弥合信息鸿沟：数字化如何影响股价信息量

IF 5.4 2区经济学

Journal of Financial Stability Pub Date : 2024-01-10 DOI: 10.1016/j.jfs.2024.101217

Weiping Li , Tingyu Li , Dequan Jiang , Xuezhi Zhang

引用次数: 0

Endogenous bank regulation and supervision: Long term implications 内生性银行监管与监督：长期影响

IF 5.4 2区经济学

Journal of Financial Stability Pub Date : 2024-01-09 DOI: 10.1016/j.jfs.2024.101216

Oğuz Kaan Karakoyun , Mustafa U. Karakaplan , Bilin Neyaptı

引用次数: 0

Auditor certification and long-run performance of IPO stocks 审计师认证与 IPO 股票的长期表现

IF 5.4 2区经济学

Journal of Financial Stability Pub Date : 2023-12-29 DOI: 10.1016/j.jfs.2023.101214

Sudip Datta , Mark Gruskin , Mai Iskandar-Datta

引用次数: 0

Mispricing of debt expansion in the eurozone sovereign credit market 欧元区主权信贷市场对债务扩张的错误定价

IF 5.4 2区经济学

Journal of Financial Stability Pub Date : 2023-12-26 DOI: 10.1016/j.jfs.2023.101215

Somayyeh Lotfi , Andreas Milidonis , Stavros A. Zenios

引用次数: 0