- State of SupTech Report 2023
Report · 29 February 2024
The Cambridge SupTech Lab’s State of SupTech Report 2023 presents insights on the evolution and current state of the digital transformation of financial supervision worldwide. The Report provides a…
- Global or regional safe assets: Evidence from bond substitution patterns
Report · 3 April 2025
BIS Working Papers | No 1254 | 03 April 2025by Tsvetelina NenovaPDF full text (1,719kb) | 128 pagesSummaryFocusAn important channel of monetary policy transmission both domestically and…
- Deposit Insurance and Bank Intermediation in the Long Run
1 July 2004
BIS Working Papers | No 156 | 01 July 2004by Robert Cull, Lemma Senbet and Marco SorgePDF full text (251kb) | 50 pagesThis paper provides empirical evidence on the impact of deposit insurance on the…
- Øystein Olsen: Management of the Government Pension Fund Global
Speech · 30 October 2020
Introductory statement by Mr Øystein Olsen, Governor of Norges Bank (Central Bank of Norway), at the hearing before the Standing Committee on Finance and Economic Affairs of the Storting (Norwegian…
- The role of ratings in structured finance: issues and implications
Report · 1 January 2005
CGFS Papers | No 23 | 01 January 2005PDF full text (364kb) | 63 pagesIntroductionIn May 2003, the Committee on the Global Financial System (CGFS) decided to establish a Working Group on Ratings in…
- Yannis Stournaras: Lessons from the financial crisis and challenges for the Greek banking sector
Speech · 13 November 2018
Speech by Mr Yannis Stournaras, Governor of the Bank of Greece, at a lecture organized by the International Center for Monetary and Banking Studies (ICMB), Geneva, 13 November 2018.The views…
- Cloud-Based Financial Analytics, RegTech & Reporting Platform
Solution · 1 July 2021
The CMA partnered with Innova Limited and 15 capital market stakeholders in Kenya (Actuaries, Fund and Unit Trust Managers, Investment Banks, Custodians and Regulators) between 2019 and 2021 with the…
- Market and Counterparty Credit Risk Measure in Interest Rate Swap (IRS)
Solution · 1 April 2023
This solution provides the valuation of IRS that is gaining popularity as a strategy to manage interest rate risk, an off-balance sheet exposure which is sensitive to changes in the yield curve and…
- The Effect of Investing Abroad on Investment at Home: On the Role of Technology, Tax Savings, and Internal Capital Markets
Report · 5 June 2017
This paper examines the relationship between foreign and domestic investment activity of multinational enterprises. The empirical analysis is based on micro data of German firms and their operations…
- Growth Opportunities, Technology Shocks and Asset Prices
14 March 2009
We explore the impact of investment-specific technology (IST) shocks on the cross-section of stock returns. IST shocks reflect technological advances embodied in new capital goods. Using a structural…
- Quantifying the Business Value of Information Technology: An Illustration of the 'Business Value Linkage' Framework
31 October 2008
Senior management's ability to gauge the business value of investments in information technology (IT) hasbeen seriously hampered by a lack of analytic tools to conduct sound performance assessment.…
- Do High Technology Acquirers Become More Innovative?
15 May 2010
Drawing on organisational, managerial and financial theories, we explore whether acquirers become more innovative and the factors that can enhance their absorptive and financial capacity to benefit…
- Growth Opportunities, Technology Shocks, and Asset Prices
27 January 2012
We explore the impact of investment-specific technology (IST) shocks on the crosssection of stock returns. IST shocks reflect technological advances embodied in new capital goods. Using a structural…
- Investing in Lending Technology: IT Spending in Banking
6 October 2021
This paper studies the economics behind the investment in information technologies (IT) by U.S. commercial banks in the past decade. By linking banks’ IT spending to their lending technologies, we…
- Information Technology and Productivity Changes in the Banking Industry
20 December 2003
This paper analyzes the effects of investment in information technologies (IT) in the financial sector using micro-data from a panel of 600 Italian banks over the period 1989-2000. Stochastic cost…
- Innovation and Technology Salience in Emerging Data-Intensive Domains: Catalysts for the Stock Market Valuation of Large Tech Companies
16 September 2023
This study explores how innovation in the emerging data-intensive technology domains affects the stock market valuation of large technology companies. It provides new insights by merging traditional…
- Investment Specific Technology Shocks and Emerging Market Business Cycle Dynamics
27 April 2017
This article explores the role of investment specific technology shocks for emerging market business cycle fluctuations. The analysis is motivated by two key empirical facts; the presence of…
- Analysis of the Impact of Financial Technology on Capital Allocation Efficiency—— Empirical Evidence from Chinese A-Share Listed Companies
Report · 28 August 2024
Improving the efficiency of corporate capital allocation is the microfoundation for promoting high-quality economic development. Starting from the Cobb-Douglas production function, this paper…
- Borrower Technology Similarity and Bank Loan Contracting
22 September 2023
Do banks accumulate knowledge about corporate technology, and does it matter for their lending? To answer this question, we combine corporate innovation with syndicated loan data. We find that loans…
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We offer a wide range of financial services designed to assist central banks, monetary authorities and international financial institutions in managing their foreign exchange and gold reserves.Our…