Zobrazeno 1 - 10
of 29
pro vyhledávání: '"Achim Hauck"'
Autor:
Diemo Dietrich, Achim Hauck
Publikováno v:
Economic Theory. 70:347-385
Some stylized facts about transactions among banks are not easily reconciled with coinsurance of short-term liquidity risks. In our model, interbank markets play a different role. We argue that lending to another bank can reduce a bank’s overall po
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::e5f40bab5c886dedc36a93679b403ed6
https://doi.org/10.1007/s00199-019-01220-9
https://doi.org/10.1007/s00199-019-01220-9
Publikováno v:
Economic Theory. 70:165-222
We analyze the impact of overnight interbank market frictions on bank loan supply when banks face idiosyncratic liquidity risk and discuss resulting implications for monetary policy implementation. Sufficiently pronounced interbank market frictions i
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::7b4c03f01ce416867ea16841267a0227
https://doi.org/10.1007/s00199-019-01207-6
https://doi.org/10.1007/s00199-019-01207-6
We show that internal funds play a particular role in the regulation of bank capital, which has not received much attention, yet. A bank’s decision on loan supply and capital structure determines its immediate bankruptcy risk as well as the future
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::214eb5ae40056de11991d4acc8565bdc
https://irep.ntu.ac.uk/id/eprint/36355/1/13837_Hauck.pdf
https://irep.ntu.ac.uk/id/eprint/36355/1/13837_Hauck.pdf
Publikováno v:
Hauck, A, Neyer, U & Vieten, T 2015, ' Reestablishing stability and avoiding a credit crunch : comparing different bad bank schemes ', Quarterly Review of Economics and Finance, vol. 57, pp. 116–128 . https://doi.org/10.1016/j.qref.2014.10.002
This paper develops a model to analyze two different bad bank schemes, an outright sale of toxic assets to a state-owned bad bank and a repurchase agreement between the bad bank and the initial bank. For both schemes, we derive a critical transfer pa
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::ef2c5a3d41a7320c336cd709396a7f23
https://doi.org/10.1016/j.qref.2014.10.002
https://doi.org/10.1016/j.qref.2014.10.002
Autor:
Achim Hauck, Ulrike Neyer
Publikováno v:
Hauck, A & Neyer, U 2014, ' A model of the Eurosystem's operational framework and the euro overnight interbank market ', European Journal of Political Economy, vol. 34, no. Supplement, pp. S65-S82 . https://doi.org/10.1016/j.ejpoleco.2013.06.010
This paper develops a theoretical model which replicates main institutional features of the euro overnight interbank market and the Eurosystem's operational framework which has been in place since September 2008. Main ingredients of the model are fri
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::f7fe868846c28dea311b7a617109c2ce
https://doi.org/10.1016/j.ejpoleco.2013.06.010
https://doi.org/10.1016/j.ejpoleco.2013.06.010
Publikováno v:
Review of Economics. 62:89-106
Summary In macroeconomic models, the nominal money supply, the long-term nominal interest rate, or even the inflation rate usually serves as the monetary policy variable. In practice, however, none of these variables is directly controlled by the cen
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::b46437f797df7593175cdd23c5dceaa3
https://doi.org/10.1515/roe-2011-0201
https://doi.org/10.1515/roe-2011-0201
Autor:
Uwe Vollmer, Achim Hauck
Publikováno v:
WiSt - Wirtschaftswissenschaftliches Studium. 39:140-146
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::17959e4ea9e0b1d13b87d2af5fbf1a17
https://doi.org/10.15358/0340-1650-2010-3-140
https://doi.org/10.15358/0340-1650-2010-3-140
Autor:
Uwe Vollmer, Achim Hauck
Publikováno v:
Scandinavian Journal of Economics. 110:223-227
We comment on an article published in this journal by Hefeker (2003) and reveal an incon-sistency in his analysis of monetary policy in federal monetary unions. We clarify an implicit assumption in his model and show that even when this further assum
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::e73d27496e565dc01572abf033c648a9
https://doi.org/10.1111/j.1467-9442.2008.00527.x
https://doi.org/10.1111/j.1467-9442.2008.00527.x
Autor:
Uwe Vollmer, Achim Hauck
Publikováno v:
WiSt - Wirtschaftswissenschaftliches Studium. 36:303-308
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::e7cf1c330935aabec326f9cf7debbdf1
https://doi.org/10.15358/0340-1650-2007-6-303
https://doi.org/10.15358/0340-1650-2007-6-303
Publikováno v:
Economics Letters. 120:229-231
This paper investigates how business cycle volatility affects internal and external funding sources of banks. It argues that excessive credit growth, credit cycles, and bank failures are phenomena related to distinct patterns of banks’ financing op
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::3e760a41c2bb83e46b6c9bff5d0eb80b
https://doi.org/10.1016/j.econlet.2013.04.029
https://doi.org/10.1016/j.econlet.2013.04.029