Frank Heinemann - Latest - Bank of Canada
https://www.bankofcanada.ca/rss-feeds/
Bank of Canada RSS Feedsen2024-03-28T14:54:22+00:00The ‘Celtic Crisis’: Guarantees, Transparency and Systemic Liquidity Risk
https://www.bankofcanada.ca/2013/09/working-paper-2013-31/
Bank liability guarantee schemes have traditionally been viewed as costless measures to shore up investor confidence and prevent bank runs. However, as the experiences of some European countries, most notably Ireland, have demonstrated, the credibility and effectiveness of these guarantees are crucially intertwined with the sovereign’s funding risks.2013-09-05T10:50:21+00:00enThe ‘Celtic Crisis’: Guarantees, Transparency and Systemic Liquidity Risk2013-09-05Financial stabilityFinancial system regulation and policiesWorking Paper 2013-31https://www.bankofcanada.ca/wp-content/uploads/2013/09/wp2013-31.pdfThe ‘Celtic Crisis’: Guarantees, Transparency and Systemic Liquidity RiskPhilipp KönigKartik AnandFrank HeinemannSeptember 2013DD8D89GG0G01G2G28