Global ETD Search
Search theses and dissertations gathered from participating repositories worldwide. Every result links back to the library that holds it. No account is needed.
Results
Showing 1 to 15 of 15 for “"Market Discipline"”.
-
Three Essays on Market Discipline in the Banking Industry
This dissertation topic is on the market discipline of banking institutions during the most recent business cycle (i.e., the business cycle surrounding the Great Recession of 2007). Market discipline has been a focal point of banking regulation since the implementation of Basel II in June 2004. In …
-
Trade liberalisation and market discipline : evidence from South African manufacturing sectors
Includes bibliographical references (leaves 66-68).
-
Is free riding affecting market discipline in the Euro sovereign bond market?
… Pact (SGP) has affected the Euro sovereign bond markets and its ability to enforce market discipline. To date 7 of the 11 member states of the Euro zone have violated the principles of this pact, and yet the bond market has shown little appetite to punish those with high deficits and national …
-
Financial stability of the banking sector - interbank contagion, market discipline, and macroeconomic roots of crises
… the contagion impact of the UK interbank market. Subject to a number of assumptions (netting agreement, seniority, etc), it finds that the contagion is much severer if the simulation uses consolidated data than using unconsolidated data. Second, the thesis tests whether the riskiness of …
-
Three essays on banking
… on bank performance and the effectiveness of market discipline in an emerging market, where I compare empirical results between small and large banks. The first essay demonstrates the effects of credit expansion on bank performance. By analyzing small and large U.S. banks over the period …
-
Essays in Banking and Default
… The third chapter, titled ''Shadow Banking and Market Discipline on Traditional Banks'', is joint work with Matthieu Darracq-Paries, Christo¤er Kok, and Dawid · Zochowski. In this chapter, we present a general equilibrium banking model in which shadow banking arises endogenously and undermines …
-
The Determinants of Off-Balance-Sheet Banking Risk: The U.S. and International Evidence
… non-regulatory bank-specific factors to test the market discipline hypothesis. We also include macroeconomic factors to test for the general economic notion impact on U.S. banks' OBS guarantees. The results reject the regulatory tax hypothesis and conclude that regulations have no major impact in …
-
Local debts, international authority : rating agencies' emergence in regulating subnational debt
… which has the potential to stabilize these markets, improve risk pricing, and alter traditional conceptions of local governance. The first chapter traces SND's long legacy of debt defaults, federal bailouts, and improperly priced risk; as well as the profound benefits that SND can provide to …
-
Three Essays on External Sources of Corporate Governance
… sources of governance include regulatory and market mechanisms as well as the interplay of goals between managers, the board, and shareholders. Other external sources can include informal institutions which can shape goals as well as suggested by institutional theory, effectively constrain …
-
Financial Stability Models of the Irish Banking Sector: Deposit Flows and Property Price Dynamics
… particularly in the commercial real estate market played a significant role in the origins of both the Irish and the global financial crisis. Across three chapters, this thesis presents original research on these topics using Irish data as a statistical example. Chapter one examines the …
-
Corporate governance in the UK post-Cadbury
… growing research on board structure and capital market discipline. Specifically, changes in board structure were driven largely by changes in managerial control and equity issuance, which has implications for the likelihood and the potential effects of the global move towards corporate boards …
-
Political economy, public policy, power structures, and human rights violations : the case of internally displaced persons in Colombia between 1993 and 2010
… reform, and the imposition of "Free Trade" and "Market Discipline" for Colombia in its relations with international partners.
-
Privatized statism and ethnic capitalism in Malaysia
… political leadership insinuated itself into the market. In the process, it sidelined the bureaucracy, forming an alliance with a consolidated Malay big business class instead. While proxies legally own these privatized entities, ultimate control inheres with the political leadership. However, …
-
Intermediation patterns in banks: three empirical essays
… the role of ownership structure in ensuring market discipline should also not be undermined by immoderate restrictions on ownership of bank shares. The final recommendation is quite simple in concept and very timely for countries designing a path for post-crisis recovery: it is important to …
-
Economic Growth and Public Debt: Beyond Debt-Thresholds. Theoretical and Empirical Issues.
… back to four main sets of variables: fiscal discipline, market discipline, fiscal consolidation, and macroeconomic stabilisation. The second part implements a panel econometric analysis based on the principal component factor analysis and on the pooled partial common correlation effect …