小词大世界，每天打卡，跟麦可林一起学单词。 黎巴嫩学者和外交官加桑•萨拉梅讲述了冲突如何席卷黎巴嫩，以及为什么试图用武力重塑该地区是愚蠢的。 这位战术大师受聘带领英格兰队在2026年世界杯上夺冠。 美国降息 ...

This reinvigorated the policy debate about dampening such “procyclicality” of margin requirements. In this paper, we suggest how margin setters and policy makers might measure procyclicality and ...

This paper examines the reasons for this, specifically focusing on regulations or market practices that can accentuate economic cycles. Although recognizing various practical limitations, new policy ...

The authors argue that the best mitigation mechanisms for procyclicality are achieved through the establishment of an outcome-based approach and enhanced disclosure of CCP margining practices. A ...

“In light of continued stress in financial markets” the Fed is delaying new rules that would have further limited the amount of restricted stuff that can be included in banks’ Tier 1 capital ...

Procyclicality refers to the proneness of financial variables (Or simply, indicators that express the financial health of an entity) to oscillate around a trend during the economic cycle 12 ; as a ...

This paper documents the spread of fiscal rules in the developing world and investigates the relation between fiscal rules and procyclical fiscal policy. We find that, since the early 2000s, ...

Eva Catarineu-Rabell, Patricia Jackson, Dimitrios P. Tsomocos, Procyclicality and the New Basel Accord: Banks' Choice of Loan Rating System, Economic Theory, Vol. 26 ...

Loan loss provisions in the euro area are negatively related to GDP growth, i.e., they are procyclical. Loan loss provisions tend to be more procyclical at larger and better capitalized banks. The ...

Financial markets reflect changes in the economy. But sometimes they amplify them too. Both of these roles were evident as the Covid-19 (Covid) pandemic materialised. As the economic outlook ...

Procyclicality also leads, however, to greater volatility and ever-larger crashes. Think of a boat in which all the passengers rush to the port railing to catch a glorious view — causing the ...