Bericht
How do central bank collateral frameworks affect non-financial firms?
Central banks implement monetary policy by extending credit to banks, for example via standing facilities or long-term refinancing operations. In addition to setting policy rates, central banks also specify in their collateral framework which financial assets banks can pledge to obtain central bank funding. Here we discuss the design of collateral frameworks for the case of corporate sector assets. This is particularly relevant in countries where the supply of safe government bonds is insufficient to satiate collateral demand.
- Sprache
-
Englisch
- Erschienen in
-
Series: ECONtribute Policy Brief ; No. 026
- Klassifikation
-
Wirtschaft
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Kaldorf, Matthias
Wicknig, Florian
- Ereignis
-
Veröffentlichung
- (wer)
-
University of Bonn and University of Cologne, Reinhard Selten Institute (RSI)
- (wo)
-
Bonn and Cologne
- (wann)
-
2021
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Bericht
Beteiligte
- Kaldorf, Matthias
- Wicknig, Florian
- University of Bonn and University of Cologne, Reinhard Selten Institute (RSI)
Entstanden
- 2021
Ähnliche Objekte (12)
Cheap Talk? Financial Sanctions and Non-Financial Firms
Cheap talk? Financial sanctions and non-financial firms
Saving behavior of non-financial firms in Turkey
Balance sheet effects in Colombian non-financial firms
Ownership and capital structure of Pakistani non-financial firms
Aggregate implications of corporate bond holdings by nonfinancial firms
Board characteristics and the insolvency risk of non-financial firms
Do nonfinancial firms hold risky financial assets? Evidence from Germany
Capital structure and Shari’ah compliance of non-financial firms
How do laws and institutions affect recovery rates on collateral?
Sovereign spreads, central bank collateral frameworks, and periphery premia in the Eurozone
The Impact of Macroeconomic Uncertainty on Cash Holdings for Non-Financial Firms
Cheap Talk? Financial Sanctions and Non-Financial Firms
Cheap talk? Financial sanctions and non-financial firms
Saving behavior of non-financial firms in Turkey
Balance sheet effects in Colombian non-financial firms
Ownership and capital structure of Pakistani non-financial firms
Aggregate implications of corporate bond holdings by nonfinancial firms
Board characteristics and the insolvency risk of non-financial firms
Do nonfinancial firms hold risky financial assets? Evidence from Germany
Capital structure and Shari’ah compliance of non-financial firms
How do laws and institutions affect recovery rates on collateral?
Sovereign spreads, central bank collateral frameworks, and periphery premia in the Eurozone
The Impact of Macroeconomic Uncertainty on Cash Holdings for Non-Financial Firms
Cheap Talk? Financial Sanctions and Non-Financial Firms
Cheap talk? Financial sanctions and non-financial firms
Saving behavior of non-financial firms in Turkey
Balance sheet effects in Colombian non-financial firms
Ownership and capital structure of Pakistani non-financial firms
Aggregate implications of corporate bond holdings by nonfinancial firms
Board characteristics and the insolvency risk of non-financial firms
Do nonfinancial firms hold risky financial assets? Evidence from Germany
Capital structure and Shari’ah compliance of non-financial firms
How do laws and institutions affect recovery rates on collateral?
Sovereign spreads, central bank collateral frameworks, and periphery premia in the Eurozone