Search Results

Showing results 1 to 10 of approximately 107.

(refine search)
Keywords:Financial stability 

Working Paper
Strategic Liquidity Mismatch and Financial Sector Stability

This paper examines whether banks strategically incorporate their competitors? liquidity mismatch policies when determining their own and how these collective decisions impact financial sector stability. Using a novel identification strategy exploiting the presence of partially overlapping peer groups, I show that banks? liquidity transformation activity is driven by that of their peers. These correlated decisions are concentrated on the asset side of riskier banks and are asymmetric, with mimicking occurring only when competitors are taking more risk. Accordingly, this strategic behavior ...
Finance and Economics Discussion Series , Paper 2019-082

Financial stability well rooted in U.S.

Essay from the 2002 Annual Report.
Annual Report

Managing crises without government guarantees—how do we get there?

Remarks at Banking Law Symposium 2011, Paris, France.

Journal Article
Appendix B: Systemic risk and the financial system (background paper)

The Federal Reserve Bank of New York released a report -- New Directions for Understanding Systemic Risk -- that presents key findings from a cross-disciplinary conference that it cosponsored in May 2006 with the National Academy of Sciences' Board on Mathematical Sciences and Their Applications. ; The pace of financial innovation over the past decade has increased the complexity and interconnectedness of the financial system. This development is important to central banks, such as the Federal Reserve, because of their traditional role in addressing systemic risks to the financial system. ; ...
Economic Policy Review , Volume 13 , Issue Nov , Pages 65-80

Working Paper
Money Market Fund Vulnerabilities: A Global Perspective

Money market funds (MMFs) are popular around the world, with over $9 trillion in assets under management globally. From their origins in the 1970s, MMFs have operated in a niche between the capital markets and the banking system, as investment funds that offer private money‐like assets with features similar to those of bank deposits. Hence, they are vulnerable to runs that arise from liquidity transformation and from sudden changes in investor perceptions of the funds’ ability to serve as money‐like assets. Since 2000, MMF runs have occurred in many countries and under many regulatory ...
Finance and Economics Discussion Series , Paper 2022-012

Discussion Paper
On systemically important financial institutions and progressive systemic mitigation

One of the most important issues in the regulatory reform debate is that of systemically important financial institutions. This paper proposes a framework for identifying and supervising such institutions; the framework is designed to remove the advantages they derive from becoming systemically important and to give them more time-consistent incentives. It defines criteria for classifying firms as systemically important: size (the classic doctrine of too big to let fail) and the four Cs of systemic importance (contagion, concentration, correlation, and conditions); it also discusses the ...
Policy Discussion Papers , Issue Aug

Introductory remarks at the Museum of American Finance \"The Fed at 100\" exhibit

Remarks at the Museum of American Finance, New York City.
Speech , Paper 116

Journal Article
Fed, Treasury issue joint statement on financial, monetary stability

The Federal Reserve and the U.S. Treasury recently addressed their joint role in preserving U.S. financial and monetary stability and the Fed's independence as a policymaking body.
Financial Update , Volume 22 , Issue 1


FILTER BY Content Type

Speech 49 items

Working Paper 31 items

Journal Article 20 items

Report 3 items

Conference Paper 2 items

Discussion Paper 1 items

show more (2)


Dudley, William 11 items

Kambhu, John 8 items

Krishnan, Neel 7 items

Weidman, Scott 7 items

Rosengren, Eric S. 6 items

Bernanke, Ben S. 5 items

show more (117)

FILTER BY Jel Classification

G28 11 items

G21 10 items

G23 7 items

E58 6 items

G01 6 items

G20 6 items

show more (29)

FILTER BY Keywords

Financial stability 107 items

Financial crises 31 items

Monetary policy 20 items

Financial markets 15 items

Financial risk management 14 items

Credit 12 items

show more (227)