... Skeie. The views expressed in this paper are those ofthe authors and do not necessarily reflect the position of theFederalReserveBankofNewYork or theFederalReserve System. 11 Sources of ... on Reserves and Monetary Policy.” FederalReserveBank of NewYork Economic Policy Review 8, no. 1 (May): 13-29. Proceedings of a Conference Sponsored by theFederalReserveBankofNew York, ... Sources ofBank Reserves Figure 5 illustrates the link between the size oftheFederalReserve s liquidity facilities and the quantity of reserves in the banking system. The top half of this...
... tobias.adrian@ny.frb.org). The views expressed in this paper are those ofthe authors and do not necessarily reect the position oftheFederalReserveBankofNewYork or the Federal Reserve System. Abstract The ... that the understanding ofthe plumbing ofthe shadow banking system is an important underpinning of any study of systemic interlinkages within the financial system. The remainder ofthe paper ... contraction in the size ofthe shadow banking system, thereby protecting the broader economy from the dangers of a collapse in the supply of credit as the financial crisis unfolded. While these programs...
... those ofthe authors and are not necessar-ily reective of views at theFederalReserveBankofNewYork or theFederal Reserve System. Any errors or omissions are the responsibility ofthe authors. Federal ... support of FHLB liabilities by the US Government. The secured nature of an advance, as well as the lien theFederal Home Loan Bank has on the other assets ofthe borrower, means that the claims of ... during the crisis is the role of re-hypothecation of collateral by dealers. Singh and Aitken (2009) investigate the role of re-hypothecation in the shadow banking system. Re-hypothecation is the...
... including loans for the Asia Focus is a periodic newsletter issued by the Country Analysis Unit oftheFederalReserveBankof San Francisco. The information contained in this newsletter is meant ... postponed the sale of shares due to the poor performance ofthe domestic stock market. The bank reportedly plans to conduct its IPO in the second half of 2011 and sell up to a 20% stake, 10% of which ... in the Asia Pacific region. The views expressed in this publication are solely that ofthe author and do not necessarily represent the position oftheFederalReserve System. V ietnam’s banking...
... that the current inflation rate depends on its lagged values, on the fluctuation ofthe exchange rate in the previous period and on the two-period lag ofthe output gap. The verticality ofthe ... Reserva del Perú. The views expressed in this paper are those ofthe authors and do not reflect necessarily the position of the Central ReserveBankof Peru. 15 Terms of trade gap()ttt ... non-significance ofthe real interest rate coefficient in the aggregate supply equation. Another result that is noteworthy concerns the effect ofthe terms of trade gap on the output gap. The evidence...
... credit to AIG, and other Fed assets. Liabilities: Other—Reverse repos, Treasury cash holdings, and deposits with Federal Reserve Banks other than reserve balances and excluding the Supplementary ... Federal Reserve Summary The balance sheet remained little changed, decreasing by $9 billion for the week ended September 15. Bank reserve balances decreased $118 billion, offset ... offset by a $110 billion increase in Treasury deposits with Federal Reserve banks (part of “Other”). Assets: Lending to nonbanks—TALF, CPFF, AMLF, and MMIFF; Short-term lending to financials—discount...
... to NewYork City The City ofNewYork Michael R. Bloomberg Mayor What are the Benefits? ã Investing in outcomes to improve the lives of those in need ã Government is able to preserve ... oversees the day-to-day implementation ofthe project and manages the Osborne Association and Friends of Island Academy, the two non-profit service providers that deliver the intervention; ã The ... non-profit. ã The Goldman Sachs loan to MDRC will ensure successful implementation ofthe ABLE program at Rikers. ã Bloomberg Philanthropies will make a grant to MDRC in the amount of $7.2...
... www.dallasfed.org Federal ReserveBankof Kansas City www.kansascityfed.org Federal ReserveBankof Minneapolis www.minneapolisfed.org Federal ReserveBankofNewYork www.newyorkfed.org Federal ReserveBankof Philadelphia ... combines the seven members ofthe Board of Governors, the president oftheFederalReserve Bank ofNewYork and four other Reservebank presi-dents, who serve one-year terms on a rotating basis. The ... a Federalreserve system making sense OFTHEFEDERAL RESERVE 1 MAKING SENSE OFTHEFEDERAL RESERVE 171. Who created theFederalReserve System? (page 1)2. Name the three parts ofthe Federal...
... is the purpose ofthe Financial Remediation Framework? The Office ofthe Comptroller ofthe Currency (OCC) and the Board of Governors oftheFederal Reserve System (FRB) have developed the ... modification agreement will determine whether or not the borrower is considered to be in 1 Office ofthe Comptroller ofthe Currency Board of Governors oftheFederalReserve System JUNE 21, 2012 ... available since the origination ofthe loan, the estimated value ofthe home at the time of error will be based on the estimated value ofthe home at loan origination adjusted by the Case-Schiller...
... among other things, the validity ofthe assumptions, the severity of tests, the robustness ofthe estimates, the performance of any underlying models, and the stability and reasonableness ofthe ... 1 Board of Governors oftheFederalReserve System Federal Deposit Insurance Corporation Office ofthe Comptroller ofthe Currency Guidance on Stress Testing for Banking Organizations ... ensure that the scenarios continue to be timely and relevant. SR Letter 12-7 Attachment 2 viability.2 TheFederal Reserve, the Office ofthe Comptroller ofthe Currency, and the Federal...
... Pollution and the Health ofNew Yorkers: The Impact of Fine Particles and Ozone I 4 15 I Air Pollution and the Health ofNew Yorkers: The Impact of Fine Particles and OzoneResults The main analyses ... effect threshold. Air Pollution and the Health ofNew Yorkers: The Impact of Fine Particles and Ozone Air Pollution and the Health ofNew Yorkers: The Impact of Fine Particles and Ozone I 38Laden ... from the U.S. Census Bureau Population Estimate Program and housing unit data obtained from theNewYork CityDepartment of City Planning. Air Pollution and the Health ofNew Yorkers: The Impact...
... Riots New Material for History of Draft Riots History ofthe Rebellionincomplete without History of them The Fate ofthe Nation resting on the Issues ofthe Struggle in New York City The best ... up, there appeared immediately alongside of them another, announcing the appearance on the same evening of Forrest, in the Broadway Theatre, in the character ofthe "Gladiator."In the ... flour at the expense of the poor and suffering. Knowing the character ofthe audience before them, and their bitter hatred ofthe rich thathad grown with their growth, and strengthened with their...
... irrespective ofthe amount ofthe loan. However, the larger the loan, the larger the amount ofthe repayment installment, and a large installment may strain the repayment capacity ofthe borrower ... Report ofthe Sub-Committee ofthe Central Board of Directors of ReserveBankof India to Study Issues and Concerns in the MFI Sector RESERVE BANKOF INDIA ... b) There has, therefore, to be a linkage between the amount ofthe loan and the tenure ofthe loan. It is, therefore, suggested that for loans not exceeding Rs. 15,000, the tenure ofthe loan...