Risk
Turkey sanguine on inflation
Turkey’s 2010-11 inflation report shows price pressures continued to rise during the first quarter of the year, but that these were cost-push rather than demand-driven pressures
Bank of Italy: debt-saddled Italian firms struggle to compete in Europe
Bank of Italy paper puts low productivity of non-financial firms in Italy to inherently high indebtedness in the country
Bank of Canada: Monetary Policy Report April 2009
Bank maintains its benchmark interest rate steady, but report signals plans to begin to lessen the degree of monetary stimulus as the need for extraordinary policy passes
Hungary discovers further risks to economy
National Bank of Hungary report identifies stability threats
Bank Negara Malaysia on the future of Islamic finance
Assistant governor of Malaysia’s central bank, Muhammad bin Ibrahim, optimistic on Islamic finance
BoJ study links widening CDS spreads in Greece to greater sovereign debt risk
Bank of Japan study shows strong relationship between fiscal health and CDS spreads
Norges Bank director pushes for better pricing of risk
Norges Bank director Arlid Lund discusses how to prevent the next crisis and where the risks lie
Hong Kong debt market rebounds
Latest Quarterly Bulletin from Hong Kong Monetary Authority shows debt markets have normalised in the territory following Lehman collapse
Bank of Canada adapts Black-Scholes model
Bank of Canada uses an adaptation of the Black-Scholes to forecast foreign exchange risks between the US and Canada.
Sweden’s Ingves explains decision to hold rates
Stefan Ingves the Riksbank’s governor offers reasons holding back on rate rise despite signs of strong economic recovery
IMF explains peso appreciation in the 90’s
IMF paper shows that gains in total factor productivity and more competitive pricing for tradable goods explains the historical appreciation of the peso
Bank of Canada on risky measures
Bank of Canada study shows that increased ownership among the largest shareholders invites less risky behaviour in decision making
Bank of Japan – Financial Markets Report
Japanese central bank’s report says Dubai crisis shed light on sensitive investors still were, notes that while accommodative policies soothe some market players, others worry about flows to emerging markets
Large shareholders take more risks
Bank of Canada analyses corporate risk taking
Fed’s Kohn: don’t underestimate interest-rate risk
Federal Reserve’s Don Kohn says it is crucial interest-rate risk does not undermine the safety and soundness of the most important lenders
Systemic risk more than size and default probability
Bank of Canada looks at measuring aggregate risk in the financial system
How risk management will evolve: RBI’s Thorat
Usha Thorat, a deputy governor of the Indian central bank, says business models and an intuitive approach to risk are key to banks’ success post-crisis
Bank of Canada – Financial System Review
Bank of Canada review says overall vulnerability of the system has declined, but individual households are in an increasingly brittle position
Bank paper outlines macroprudential tools
Bank of England discusses possible forms of countercyclical capital buffers; highlights potential problems
Pillar 3 crucial for bank safety
Bank of Finland examines the combined effect of the Pillar 1 minimum capital requirements and Pillar 3 disclosure requirements of Basel II on bank safety
Regulation will not stave off future crises: Bank’s Tucker
Bank of England’s deputy governor argues that regulation will not address collective-action issues; sets out macroprudential tools
Network analysis key to understanding crisis: ECB’s Tumpel-Gugerell
Gertrude Tumpel-Gugerell, ECB executive board member, emphasises the magnitude of contagion in the financial system
BoJ says institutions must manage risk better
BoJ’s September Financial System Report outlines the four key challenges faced by Japanese financial institutions
UK Households face lending constraints – survey
The Bank of England’s quarterly survey shows lending to households has declined, but credit is increasingly available to the corporates