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Financial market development and financial stability

In: Financial market development, monetary policy and financial stability in emerging market economies

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  • Carlos Cantú
  • Michael Chui

Abstract

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Suggested Citation

  • Carlos Cantú & Michael Chui, 2020. "Financial market development and financial stability," BIS Papers chapters, in: Bank for International Settlements (ed.), Financial market development, monetary policy and financial stability in emerging market economies, volume 113, pages 19-38, Bank for International Settlements.
  • Handle: RePEc:bis:bisbpc:113-02
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    File URL: https://www.bis.org/publ/bppdf/bispap113_b_rh.pdf
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    References listed on IDEAS

    as
    1. Morris, Stephen & Shim, Ilhyock & Shin, Hyun Song, 2017. "Redemption risk and cash hoarding by asset managers," Journal of Monetary Economics, Elsevier, vol. 89(C), pages 71-87.
    2. Michael Chui & Ingo Fender & Vladyslav Sushko, 2014. "Risks related to EME corporate balance sheets: the role of leverage and currency mismatch," BIS Quarterly Review, Bank for International Settlements, September.
    3. Banerjee, Ryan & Devereux, Michael B. & Lombardo, Giovanni, 2016. "Self-oriented monetary policy, global financial markets and excess volatility of international capital flows," Journal of International Money and Finance, Elsevier, vol. 68(C), pages 275-297.
    4. M. Ayhan Kose & Peter Nagle & Franziska Ohnsorge & Naotaka Sugawara, 2021. "Global Waves of Debt," World Bank Publications - Books, The World Bank Group, number 32809, December.
    5. Nikhil Patel & Dora Xia, 2019. "Offshore markets drive trading of emerging market currencies," BIS Quarterly Review, Bank for International Settlements, December.
    6. Daniel O. Beltran & Keshav Garud & Aaron Rosenblum, 2017. "Emerging Market Nonfinancial Corporate Debt : How Concerned Should We Be?," IFDP Notes 2017-06-01, Board of Governors of the Federal Reserve System (U.S.).
    7. Mitsuhiro Fukao, 1991. "Exchange Rate Movements and Capital-Asset Ratio of Banks: On the Conept of Structural Positions," Monetary and Economic Studies, Institute for Monetary and Economic Studies, Bank of Japan, vol. 9(2), pages 91-104, September.
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    Cited by:

    1. Shrestha, Keshab & Naysary, Babak & Philip, Sheena Sara Suresh, 2023. "Fintech market efficiency: A multifractal detrended fluctuation analysis," Finance Research Letters, Elsevier, vol. 54(C).
    2. Juan Carlos Moreno-Brid & Lorenzo Nalin & Edgar Pérez-Medina, 2022. "External challenges to the economic expansion of emerging markets in the post-COVID 19 and post-COP26 era: A balance-of-payments constrained growth (BPCG) perspective," PSL Quarterly Review, Economia civile, vol. 75(303), pages 313-354.

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