Reforming LIBOR and Other Financial-market Benchmarks PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Reforming LIBOR and Other Financial-market Benchmarks PDF full book. Access full book title Reforming LIBOR and Other Financial-market Benchmarks by Darrell Duffie. Download full books in PDF and EPUB format.
Author: Darrell Duffie
Publisher:
ISBN:
Category :
Languages : en
Pages :
Get Book Here
Book Description
Author: Darrell Duffie
Publisher:
ISBN:
Category :
Languages : en
Pages :
Get Book Here
Book Description
Author: Gabriela Pirana
Publisher:
ISBN:
Category :
Languages : en
Pages :
Get Book Here
Book Description
Many have called it the l ...
Author: Great Britain. Treasury
Publisher:
ISBN: 9781909096011
Category : Interest rates
Languages : en
Pages : 84
Get Book Here
Book Description
Author: Stephen M. Bainbridge
Publisher:
ISBN:
Category :
Languages : en
Pages : 63
Get Book Here
Book Description
The London Interbank Offe ...
Author: Ismail Ertürk
Publisher: Taylor & Francis
ISBN: 1135007152
Category : Business & Economics
Languages : en
Pages : 459
Get Book Here
Book Description
The Routledge Companion to Banking Regulation and Reform provides a prestigious cutting edge international reference work offering students, researchers and policy makers a comprehensive guide to the paradigm shift in banking studies since the historic financial crisis in 2007. The transformation in banking over the last two decades has not been authoritatively and critically analysed by the mainstream academic literature. This unique collection brings together a multi-disciplinary group of leading authorities in the field to analyse and investigate post-crisis regulation and reform. Representing the wide spectrum of non-mainstream economics and finance, topics range widely from financial innovation to misconduct in banking, varieties of Eurozone banking to reforming dysfunctional global banking as well as topical issues such as off-shore financial centres, Libor fixing, corporate governance and the Dodd-Frank Act. Bringing together an authoritative range of international experts and perspectives, this invaluable body of heterodox research work provides a comprehensive compendium for researchers and academics of banking and finance as well as regulators and policy makers concerned with the global impact of financial institutions.
Author: Wendy H. Baesler
Publisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 72
Get Book Here
Book Description
Libor is a set of survey-based reference interest rates for an estimated $350 trillion in financial instruments. In 2013, administrators adopted several reforms designed to improve Libor. Two key reforms were (1) eliminate Libor collection for unpopular currencies and maturities, and (2) defer the public release of individual bank Libor submissions for 90 days. The intent of the first reform is to reduce bias and subjectivity by increasing the probability that an actual transaction is underpinning a Libor submission. The intent of the second reform is to reduce public signaling bias in the Libor submission; however, the period of anonymity granted in this reform also has the potential to increase bias from other directional incentives. Using an experiment, I examine whether estimates are less influenced by directional incentives when a closely-matching transaction is in the underlying dataset and whether a period of anonymity allows more influence of directional incentives. I collect data for two dependent variables but find statistically significant results only using the second. I find that the influence of directional incentives decreases when a closely-matching transaction is in the underlying dataset but that it increases when participants have a period of anonymity. These findings lend support to the first key reform but show Libor administrators an unintended consequence of the second key reform.
Author:
Publisher: Lulu.com
ISBN: 9291316695
Category : Bank capital
Languages : en
Pages : 294
Get Book Here
Book Description
Author: David Hou
Publisher:
ISBN:
Category :
Languages : en
Pages :
Get Book Here
Book Description
Author: Oonagh McDonald
Publisher: Manchester University Press
ISBN: 1526119463
Category : Business & Economics
Languages : en
Pages : 247
Get Book Here
Book Description
This book provides a compelling account of the rigging of benchmarks during and after the financial crisis of 2007–08. Written in clear language accessible to the non-specialist, it provides the historical context necessary for understanding the benchmarks – LIBOR, FOREX and the Gold and Silver Fixes – and shows how and why they have to be reformed in the face of rapid technological changes in markets. Though banks have been fined and a few traders have been jailed, justice will not be done until senior bankers are made responsible for their actions. Provocative and rigorously argued, this book makes concrete recommendations for improving the security of the financial services industry and holding bankers to account.
Author: Financial Crisis Inquiry Commission
Publisher: Cosimo, Inc.
ISBN: 1616405414
Category : Political Science
Languages : en
Pages : 692
Get Book Here
Book Description
The Financial Crisis Inquiry Report, published by the U.S. Government and the Financial Crisis Inquiry Commission in early 2011, is the official government report on the United States financial collapse and the review of major financial institutions that bankrupted and failed, or would have without help from the government. The commission and the report were implemented after Congress passed an act in 2009 to review and prevent fraudulent activity. The report details, among other things, the periods before, during, and after the crisis, what led up to it, and analyses of subprime mortgage lending, credit expansion and banking policies, the collapse of companies like Fannie Mae and Freddie Mac, and the federal bailouts of Lehman and AIG. It also discusses the aftermath of the fallout and our current state. This report should be of interest to anyone concerned about the financial situation in the U.S. and around the world.THE FINANCIAL CRISIS INQUIRY COMMISSION is an independent, bi-partisan, government-appointed panel of 10 people that was created to "examine the causes, domestic and global, of the current financial and economic crisis in the United States." It was established as part of the Fraud Enforcement and Recovery Act of 2009. The commission consisted of private citizens with expertise in economics and finance, banking, housing, market regulation, and consumer protection. They examined and reported on "the collapse of major financial institutions that failed or would have failed if not for exceptional assistance from the government."News Dissector DANNY SCHECHTER is a journalist, blogger and filmmaker. He has been reporting on economic crises since the 1980's when he was with ABC News. His film In Debt We Trust warned of the economic meltdown in 2006. He has since written three books on the subject including Plunder: Investigating Our Economic Calamity (Cosimo Books, 2008), and The Crime Of Our Time: Why Wall Street Is Not Too Big to Jail (Disinfo Books, 2011), a companion to his latest film Plunder The Crime Of Our Time. He can be reached online at www.newsdissector.com.
