Mortgage rates play a significant role in the housing market and the overall economy. Central banks, as the monetary authorities of a country, have the […]
Why Credit Booms Go Bad
Credit booms, periods of rapid credit expansion, can be both a sign of economic growth and a potential source of financial instability. However, not all […]
The Information Content of Capital Controls
Capital controls are policy measures implemented by governments to regulate the flow of capital across borders. These controls can take various forms, such as restrictions […]
Regulating Liquidity Risk in Mutual Funds
Liquidity risk, the potential for a mutual fund to be unable to meet redemption requests promptly, can pose significant challenges to financial stability. The 2008 […]
Regulations and Variations in Financial Inclusion
Financial inclusion, defined as the access and usage of affordable financial services, is crucial for economic development and poverty reduction. However, variations in financial inclusion […]
Benchmarking Costs of Financial Intermediation around the World
Financial intermediation plays a crucial role in facilitating economic growth and development. However, the costs associated with financial intermediation can vary significantly across countries, impacting […]