Banking Supervision Approaches during Credit Booms

Subject. The article addresses problems and prospects for the banking supervision development in the Russian Federation under modern conditions. Objectives. We review the essence and methods of organization of the banking supervision, and identify the main problems and prospects for its development. Methods. To provide valid, reliable and reasoned recommendations, we apply normative and integrated approaches to the study of the banking supervision effectiveness in the current circumstances. Results. The paper investigates main problems and development prospects for the Russian banking supervision. The essential importance of supervision comes from the main role of the banking system in maintaining accounts of economic entities and making settlements. Even minor failures or delays in operations can lead to negative outcomes and disastrous consequences for the entire monetary system and the national economy. Therefore, we highlight issues that require attention, and make proposals for further development of the banking supervision. Conclusions. In the context of dynamically developing economy, the banking practice is becoming more complex. As a result, there is a need for new financial instruments that can reduce risks, increase the speed and efficiency of operations and document flow, and help achieve the world levels of introduced standards.

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Banking Supervision Assessment and Bailout Policies

SSRN Electronic Journal ◽

10.2139/ssrn.2375232 ◽

2012 ◽

Author(s):

Francesco Pacella

Keyword(s):

Banking Supervision

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A Novel Banking Supervision Method Using a Threshold-Minimum Dominating Set

SSRN Electronic Journal ◽

10.2139/ssrn.2388500 ◽

2014 ◽

Author(s):

Periklis Gogas ◽

Theophilos Papadimitriou ◽

Maria Matthaiou

Keyword(s):

Dominating Set ◽

Banking Supervision ◽

Minimum Dominating Set

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Trans-Tasman Cooperation in Banking Supervision and Resolution

SSRN Electronic Journal ◽

10.2139/ssrn.3405262 ◽

2018 ◽

Author(s):

Dirk Schoenmaker

Keyword(s):

Banking Supervision

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Peaks and Troughs

The Oxford Handbook of the Economics of Central Banking ◽

10.1093/oxfordhb/9780190626198.013.3 ◽

2019 ◽

pp. 58-98 ◽

Cited By ~ 1

Author(s):

Donato Masciandaro ◽

Davide Romelli

Keyword(s):

Political Economy ◽

Central Bank ◽

Institutional Design ◽

Theoretical Perspective ◽

Central Bank Independence ◽

Banking Supervision ◽

Macroeconomic Shocks ◽

Increasing Trend ◽

The 2008 Financial Crisis ◽

Exchange Rate Shocks

This chapter investigates the endogenous evolution of central bank institutional design over the past four decades. From a theoretical perspective, it employs a stylized political economy model to highlight some key determinants of the level of central bank independence as a function of macroeconomic shocks and political economy characteristics of countries. It then employs recently developed dynamic indices of central bank design to describe the evolution of central bank independence over the period 1972–2014. In a sample of sixty-five countries, it shows that the increasing trend in central bank independence during 1972–2007 has been reversing after the 2008 financial crisis, mainly due to significant changes to the roles of central banks in banking supervision. The authors find that this evolution can be related to several macroeconomic shocks, such as inflationary, fiscal, and exchange-rate shocks.

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Prolonged Reserves Accumulation, Credit Booms, Asset Prices and Monetary Policy in Asia

SSRN Electronic Journal ◽

10.2139/ssrn.2247363 ◽

2013 ◽

Cited By ~ 1

Author(s):

Andrew J. Filardo ◽

Pierre L. Siklos

Keyword(s):

Monetary Policy ◽

Asset Prices ◽

Credit Booms

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An Historical Perspective on the Quest for Financial Stability and the Monetary Policy Regime

The Journal of Economic History ◽

10.1017/s0022050718000281 ◽

2018 ◽

Vol 78 (2) ◽

pp. 319-357 ◽

Cited By ~ 10

Author(s):

Michael D. Bordo

Keyword(s):

Monetary Policy ◽

Financial Crises ◽

Financial Stability ◽

Historical Perspective ◽

Asset Price ◽

Financial Instability ◽

Historical Evidence ◽

Policy Regime ◽

Extreme Form ◽

Credit Booms

This article surveys the co-evolution of monetary policy and financial stability for a number of countries from 1880 to the present. Historical evidence on the incidence, costs, and determinants of financial crises (the most extreme form of financial instability), combined with narratives on some famous financial crises, suggests that financial crises have many causes, including credit-driven asset price booms, which have become more prevalent in recent decades, but in general financial crises are very heterogeneous and hard to categorize. Moreover, evidence shows that the association across the country sample between credit booms, asset price booms, and serious financial crises is quite weak.

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