Digital Commons Network^™

Emergency Collateral Upgrades, Mark Carlson, Marco Macchiavelli

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No abstract provided.

Primary Dealer Credit Facility Collateral Report For Wednesday, November 12, 2008, Federal Reserve System: Bank Discount Window And Payment Risk

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No abstract provided.

Trapped Borrowers And Uk Asset Resolution, United Kingdom: Parliament: House Of Commons

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No abstract provided.

The Rescue Of Fannie Mae And Freddie Mac – Module E: The Housing And Economic Recovery Act Of 2008, Dan Thompson

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No abstract provided.

Crisis Of Confidence: The Rhode Island Credit Union Collapse, Bryant University: Hassenfeld Institute

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No abstract provided.

Nama Paid Eur 2.3m To 23 Developers, Ken Foxe

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No abstract provided.

Sensitivity Analysis Using Approximate Moment Condition Models, Timothy B. Armstrong, Michal Kolesár

Cowles Foundation Discussion Papers

We consider inference in models defined by approximate moment conditions. We show that near-optimal confidence intervals (CIs) can be formed by taking a generalized method of moments (GMM) estimator, and adding and subtracting the standard error times a critical value that takes into account the potential bias from misspecification of the moment conditions. In order to optimize performance under potential misspecification, the weighting matrix for this GMM estimator takes into account this potential bias, and therefore differs from the one that is optimal under correct specification. To formally show the near-optimality of these CIs, we develop asymptotic efficiency bounds for …

A Behavioral Interpretation Of The Origins Of African American Family Structure, Gerald David Jaynes

Cowles Foundation Discussion Papers

1960 to 1980 doubling (21% to 41%) of black children in one-parent families emerged from 1940-to-1970 urbanization converging population toward urbanized blacks’ historically stable high rate, not post-1960 welfare liberalization or deindustrialization. Urban and rural child socializations structured different Jim Crow Era black family formations. Agrarian economic enclaves socialized conformity to Jim Crow and two-parent families; urban enclaves rebellion, male joblessness, and destabilized families. Proxying urban/rural residence at age 16 for socialization location, logistic regressions on sixties census data confirm the hypothesis. Racialized urban socialization negatively affected two-parent family formation and poverty status of blacks but not whites.

Real Time Monitoring Of Asset Markets: Bubbles And Crises, Peter C.B. Phillips, Shuping Shi

Cowles Foundation Discussion Papers

While each financial crisis has its own characteristics, there is now widespread recognition that crises arising from sources such as financial speculation and excessive credit creation do inflict harm on the real economy. Detecting speculative market conditions and ballooning credit risk in real time is therefore of prime importance in the complex exercises of market surveillance, risk management, and policy action. This chapter provides an R implementation of the popular real-time monitoring strategy proposed by Phillips, Shi and Yu in the International Economic Review (2015), along with a new bootstrap procedure designed to mitigate the potential impact of heteroskedasticity and …

Countering The Winner’S Curse: Optimal Auction Design In A Common Value Model, Dirk Bergemann, Benjamin Brooks, Stephen Morris

Cowles Foundation Discussion Papers

We characterize revenue maximizing mechanisms in a common value environment where the value of the object is equal to the highest of bidders’ independent signals. The optimal mechanism exhibits either neutral selection, wherein the object is randomly allocated at a price that all bidders are willing to pay, or advantageous selection, wherein the object is allocated with higher probability to bidders with lower signals. If neutral selection is optimal, then the object is sold with probability one by a deterministic posted price. If advantageous selection is optimal, the object is sold with probability less than one at a random price. …

Russian Financial Sector Investor Presentation, Central Bank Of Russia

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No abstract provided.

How To Provide Liquidity To Banks After Resolution In Europe’S Banking Union, Maria Demertzis, Inês Gonçalves Raposo, Pia Hüttl, Guntram Wolff

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No abstract provided.

Credit Allocation Under Economic Stimulus: Evidence From China, Lin William Cong, Haoyu Gao, Jacopo Ponticelli, Xiaoguang Yang

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No abstract provided.

China's Monetary Policy Communication: Frameworks, Impact, And Recommendations, Michael Mcmahon, Alfred Schipke, Xiang Li

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No abstract provided.

Brazil, Financial Sector Assessment Program, Technical Note On Bank Resolution, Financial Sector Safety Nets, Crisis Prevention And Management, International Monetary Fund (Imf)

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No abstract provided.

Financing Bank Resolution: An Alternative Solution For Arranging The Liquidity Required, Willem Pieter De Groen

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No abstract provided.

Sensitivity Analysis Using Approximate Moment Condition Models, Timothy B. Armstrong, Michal Kolesár

Cowles Foundation Discussion Papers

We consider inference in models defined by approximate moment conditions. We show that near-optimal confidence intervals (CIs) can be formed by taking a generalized method of moments (GMM) estimator, and adding and subtracting the standard error times a critical value that takes into account the potential bias from misspecification of the moment conditions. In order to optimize performance under potential misspecification, the weighting matrix for this GMM estimator takes into account this potential bias, and therefore differs from the one that is optimal under correct specification. To formally show the near-optimality of these CIs, we develop asymptotic efficiency bounds for …

Countering The Winner’S Curse: Optimal Auction Design In A Common Value Model, Dirk Bergemann, Benjamin Brooks, Stephen Morris

Cowles Foundation Discussion Papers

We characterize revenue maximizing mechanisms in a common value environment where the value of the object is equal to the highest of bidders’ independent signals. If the object is optimally sold with probability one, then the optimal mechanism is simply a posted price, with the highest price such that every type of every bidder is willing to buy the object. A sufficient condition for the posted price to be optimal among all mechanisms is that there is at least one potential bidder who is omitted from the auction. If the object is optimally sold with probability less than one, then …

Why Rbi Said No To Yes Bank On Rana Kapoor Extension, October 29 2018, Utpal Bhaskhar

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No abstract provided.

Hkma Designates Nine Cnh Primary Liquidity Providers, Hong Kong Monetary Authority

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List Of Amcon's Top 105 Debtors, Thecable

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Deposit Insurance And Financial Stability: Old And New Challenges, Agustín Carstens

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No abstract provided.

Yale University Faculty Handbook October 17, 2018, Yale University Office Of The Provost

Faculty Handbooks

No abstract provided.

The Day Ubs, The Biggest Swiss Bank, Was Saved, Armando Mombelli

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No abstract provided.

What Happens When Regulatory Capital Is Marked To Market?, Andreas Fuster, James Vickery

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Tarp Transactions Report – Investments For The Period Ending October 5, 2018, U. S. Department Of The Treasury

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Lessons From The Treblinka Archive: Transnational Collections And Their Implications For Historical Research, Chad S.A. Gibbs

Journal of Contemporary Archival Studies

In work for his 1979 book The Death Camp Treblinka, Alexander Donat began the process of locating survivors of the camp and recording their histories. In a telling testament to the lethality of this place, he could identify only sixty-eight survivors. Analysis of Donat’s early findings—emerging six years prior to the publication of any major academic monograph on the subject—offers a window into the difficulties of conducting research on this Nazi extermination camp and its widely-scattered witnesses.

Treblinka’s disembarkation ramp was effectively the eye of a transnational needle through which so many passed and so few emerged. Victims of …

Review Of Participatory Heritage, Allyson E. Smally

Journal of Contemporary Archival Studies

This review of Participatory Heritage, edited by Henriette Roued-Cunliffe and Andrea Copeland, focuses on the book's relevance to the archives field. It highlights some of the chapters that will be most relevant to archivists, provides overviews and highlights of each of the book's three sections, discusses some of the main themes that come up throughout the book, and mentions a few strengths and drawbacks to the book’s approach. It addresses some ways the book relates to important topics in the archives field today and what areas of the field it has particular relevance for. The review concludes that Participatory …

Excuses For Silence: A Review Of The Silence Of The Archive, Anna Robinson-Sweet

Journal of Contemporary Archival Studies

The Silence of the Archive by David Thomas, Simon Fowler, and Valerie Johnson promises to investigate the causes of archival silence, and to find solutions for dealing with these silences. The topic is timely and important at a time when distrust of power is high, and there exists a concomitant expectation of finding truth in the archives. The book is reticent in its investigation, however, shying away from calling out the way power is exercised to create silences. The exception is Valerie Johnson’s argument on the necessity of silence, which challenges the tendency toward stasis in the archive.

Bank Rescues Of 2007-09: Outcomes And Cost, Federico Mor

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No abstract provided.