Search Results

You are looking at 1 - 10 of 18 items

  • Keyword: Risk premium x
Clear All Modify Search
A Risk-Based Debt Sustainability Framework

A Risk-Based Debt Sustainability Framework »

Source: A Risk-Based Debt Sustainability Framework : Incorporating Balance Sheets and Uncertainty

Volume/Issue: 2008/40

Series: IMF Working Papers

Author(s): Dale Gray , Elena Loukoianova , Samuel Malone , and Cheng Lim

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 February 2008

ISBN: 9781451869026

Keywords: Contingent Claims, currency debt, foreign currency, foreign currency debt, risk premium,

This paper proposes a new framework for the analysis of public sector debt sustainability. The framework uses concepts and methods from modern practice of contingent claims to develop a quantitative risk-based mode...

9 Safety-First Monetary and Financial Policies for Emerging Economies

9 Safety-First Monetary and Financial Policies for Emerging Economies »

Source: Financial Risks, Stability, and Globalization

Series: Seminar Volumes

Author(s): Omotunde Johnson

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 April 2002

ISBN: 9781589060128

Keywords: Financial stability, Risk premium, banking, financial system, financial sector, regulation, financial institutions

Recent crises have highlighted the need for countries to adopt safety-first strategies rather than adopting strategies that might maximize short-term growth. In this paper, I consid...

10 The Central Bank’s Role in Fostering Financial System Stability: A Canadian Perspective

10 The Central Bank’s Role in Fostering Financial System Stability: A Canadian Perspective »

Source: Financial Risks, Stability, and Globalization

Series: Seminar Volumes

Author(s): Omotunde Johnson

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 April 2002

ISBN: 9781589060128

Keywords: Financial stability, Risk premium, banking, financial system, financial sector, regulation, financial institutions

It is a pleasure to be back at the International Monetary Fund where I spent nearly 24 years. Throughout my time here, issues of financial stability figured importantly in many of t...

11 Dynamic Inconsistency of Capital Forbearance Long-Run Versus Short-Run Effects of Too-Big-to-Fail Policymaking

11 Dynamic Inconsistency of Capital Forbearance Long-Run Versus Short-Run Effects of Too-Big-to-Fail Policymaking »

Source: Financial Risks, Stability, and Globalization

Series: Seminar Volumes

Author(s): Omotunde Johnson

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 April 2002

ISBN: 9781589060128

Keywords: Financial stability, Risk premium, banking, financial system, financial sector, regulation, financial institutions

During the last 20 years, concepts taken from the fields of corporate finance and efficient contracting have thrown new light on issues of bank regulation. Corporate finance theory...

Comment

Comment »

Source: Financial Risks, Stability, and Globalization

Series: Seminar Volumes

Author(s): Omotunde Johnson

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 April 2002

ISBN: 9781589060128

Keywords: Financial stability, Risk premium, banking, financial system, financial sector, regulation, financial institutions

I have learned to see the world with new eyes. Insolvencies are dynamic occurrences. The concept that current taxpayers can shift the costs of resolving insolvencies to future taxpa...

Comment

Comment »

Source: Financial Risks, Stability, and Globalization

Series: Seminar Volumes

Author(s): Omotunde Johnson

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 April 2002

ISBN: 9781589060128

Keywords: Financial stability, Risk premium, banking, financial system, financial sector, regulation, financial institutions

Professor Kane has written a stimulating paper. The paper provides a clear and comprehensive framework and addresses in an elegant way several important problems that bear directly...

12 Fiscal Support in Financial Sector Restructuring: Analytical Issues

12 Fiscal Support in Financial Sector Restructuring: Analytical Issues »

Source: Financial Risks, Stability, and Globalization

Series: Seminar Volumes

Author(s): Omotunde Johnson

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 April 2002

ISBN: 9781589060128

Keywords: Financial stability, Risk premium, banking, financial system, financial sector, regulation, financial institutions

Financial sector distress, or the threat thereof, may warrant intervention by the public sector. Because of the public good character of financial sector soundness and confidence in...

comment

comment »

Source: Financial Risks, Stability, and Globalization

Series: Seminar Volumes

Author(s): Omotunde Johnson

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 April 2002

ISBN: 9781589060128

Keywords: Financial stability, Risk premium, banking, financial system, financial sector, regulation, financial institutions

The paper offers a valid conceptual framework on financial restructuring and fiscal policy. It is good reading not only for our country, Korea, as we are promoting financial restruc...

13 Changes in Bank Behavior During Japan’s Financial Crisis

13 Changes in Bank Behavior During Japan’s Financial Crisis »

Source: Financial Risks, Stability, and Globalization

Series: Seminar Volumes

Author(s): Omotunde Johnson

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 April 2002

ISBN: 9781589060128

Keywords: Financial stability, Risk premium, banking, financial system, financial sector, regulation, financial institutions

In the 1990s, Japan faced a serious financial crisis due to the formation and bursting of a bubble. In terms of magnitude, it was a crisis no other country had ever experienced. Though essentially a serious...

Comment

Comment »

Source: Financial Risks, Stability, and Globalization

Series: Seminar Volumes

Author(s): Omotunde Johnson

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 April 2002

ISBN: 9781589060128

Keywords: Financial stability, Risk premium, banking, financial system, financial sector, regulation, financial institutions

I enjoyed reading this very interesting paper. It is clear that Japan offers a very valuable case study to draw lessons on financial crisis management. I will first offer comments on the paper and then give...