Journal of Financial Economic Policy: Volume 13 Issue 4

Banks’ international assets and sovereign default risk

Filippo Gori

This paper aims to investigate the nexus between banks’ foreign assets and sovereign default risk in a panel of 15 developed economies. The empirical evidence suggests that banks’…

Chinese banking failure: the case of Baoshang Bank and its implications

Kerry Liu

On May 24, 2019, the People’s Bank of China (China’s central bank) announced that the Baoshang Bank had been taken over because of credit risk. The Baoshang Bank failure has…

Welfare effects of limiting bank loans

Arup Bose, Debashis Pal, David Sappington

This paper examines the effects of limiting the number of loans a bank can issue, reflecting a policy recently implemented by the US Federal Reserve.

Covid-19, out-of-pocket medical expenses and consumption

Jonathan E. Leightner

Based upon estimates of the change in consumption due to a change in out-of-pocket-health expenses (dC/dOOPHE) for 43 countries, this paper aims to argue for a reevaluation of…

Money stock determination process and money multiplier: case of South Korea

Serdar Ongan, Ismet Gocer

This study aims to re-examine the money stock determination process for South Korea under the assumption of the existence of potential asymmetric (non-linear) relations (a…

Measuring risk exposure in the banking sectors: evidence from Gulf Cooperation countries

Anwar S. Al-Gasaymeh, Thair A. Kaddumi, Ghazi M. Qasaimeh

Using capital asset pricing model (CAPM) and the Z-risk index based on weekly data, this study aims to estimate yearly unsystematic, total, three systematic and insolvency risks…

Does the US influence ASEAN+3 equity market integration?

Md. Saifur Rahman, Shahari Farihana

This paper aims to examine whether the US influences the ASEAN + 3 financial market integration.