Economia
Corridas bancárias do séc. XXI são diferentes, como explica Tyler Cowen:
- Mankiw’s Favorite Proposal And The Futility Of Cute Ideas
In an op-ed for the New York Times, Harvard professor N. Gregory Mankiw wrote:“My favorite proposal is to require banks, and perhaps a broad class of financial institutions, to sell contingent debt that can be converted to equity when a regulator deems...
- Política Monetária Europeia
ECB Says Overnight Deposits Fall to Lowest in Seven Months By Jana Randow - Jul 12, 2012 6:52 AM GMT-0300 The European Central Bank said overnight deposits from financial institutions dropped by more than half to the lowest level...
- Fraquesa Dos Bancos Americanos Continua
The Economist: "Far from improving, the funding profile of the Western banking system has been getting even sicker this year. Banks have been raising equity and long-term debt and gathering deposits, but in the grand scheme of things their efforts have...
- Modelo Errado
Financial meltdown blamed on risk models Web posted at: 2/14/2009 9:20:18 Source ::: FINANCIAL TIMES By Norma Cohen The failure of banks to count, manage and hedge their risks over the past decade is responsible both for the fantastic growth before...
- Entender A Origem Da Crise Financeira
"... Securitization is a shadow banking system that funds most of the world's credit cards, car purchases, leveraged buyouts and, for a while, subprime mortgages. The system, which pools loans and slices up the risk of default, made borrowing cheaper...
Economia
Corridas Bancárias do Séc. XXI
Corridas bancárias do séc. XXI são diferentes, como explica Tyler Cowen:
"The new complication is that bank deposits are no longer the dominant form of modern short-term finance. The modern bank run means a rush to withdraw from money market funds, the disappearance of reliable collateral for overnight loans between banks or the sudden pulling of short-term credit to a troubled financial institution. But these new versions are in some ways still similar to the old: both reflect the desire to pull money out of an endeavor — and to be the first out the door. And both can set off a crash.
These newer forms occur in the so-called shadow banking system, involving short-term financial credit not guaranteed by the deposit insurance umbrella. According to the Federal Reserve Bank of New York, shadow banking accounts for about $15 trillion in assets — more than the traditional banking system. But as recently as 1990, the shadow-banking total was much lower, at less than $4 trillion. The core problem is that the growth of short-term credit has been outracing our ability to protect it, and since 2008 most investors have realized that these shadow-banking transactions are not risk-free"
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- Mankiw’s Favorite Proposal And The Futility Of Cute Ideas
In an op-ed for the New York Times, Harvard professor N. Gregory Mankiw wrote:“My favorite proposal is to require banks, and perhaps a broad class of financial institutions, to sell contingent debt that can be converted to equity when a regulator deems...
- Política Monetária Europeia
ECB Says Overnight Deposits Fall to Lowest in Seven Months By Jana Randow - Jul 12, 2012 6:52 AM GMT-0300 The European Central Bank said overnight deposits from financial institutions dropped by more than half to the lowest level...
- Fraquesa Dos Bancos Americanos Continua
The Economist: "Far from improving, the funding profile of the Western banking system has been getting even sicker this year. Banks have been raising equity and long-term debt and gathering deposits, but in the grand scheme of things their efforts have...
- Modelo Errado
Financial meltdown blamed on risk models Web posted at: 2/14/2009 9:20:18 Source ::: FINANCIAL TIMES By Norma Cohen The failure of banks to count, manage and hedge their risks over the past decade is responsible both for the fantastic growth before...
- Entender A Origem Da Crise Financeira
"... Securitization is a shadow banking system that funds most of the world's credit cards, car purchases, leveraged buyouts and, for a while, subprime mortgages. The system, which pools loans and slices up the risk of default, made borrowing cheaper...