The recent financial crisis has highlighted the need to go beyond a purely micro approach to
financial regulation and supervision. As a consequence, the number of policy speeches …

This paper evaluates the literature on international unconventional monetary policies
(UMPs). Introducing market segmentation, limits-to-arbitrage, and time-consistent policy in …

The financial crisis and recession that began in 2007 brought a sharp increase in the
number of bank failures in the United States. This article investigates characteristics of banks …

In the wake of the 2008 financial tsunami, existing methods and tools for managing financial
risk have been criticized for weaknesses in monitoring and alleviating risks at the systemic …

We argue that financial risk managers should focus more strongly on developing forward-
looking early warning indicator systems for the North American real estate market. Based on …

Regulatory reaction to the 2008-2009 financial crisis focused on complex financial
instruments that deepened the crisis. A consensus emerged that these risky financial …

We study the effects of a contraction in financial intermediation on nonfinancial firms. The
Panic of 1907 originated in the shadow banks of the time, New York's trust companies. The …

This article investigates the asymmetric and long memory volatility properties and dynamic
conditional correlations (DCCs) between Brazilian, Russian, Indian, Chinese, and South …

Abstract The Financial Crisis began and accelerated in short-term money markets. One such
market is the multi-trillion dollar sale-and-repurchase (“repo”) market, where prices show …

This study examines the impact of bank corporate governance reforms in the wake of the
financial crisis. These reforms correspond to criticism of shareholder-focused agency-based …