Search: systemic risks
Did you mean
systemicrisk?
RBA Glossary definition for systemic risks
systemic risks – Events which may jeopardise financial system stability and cause harm to the real economy. For example, the Y2K problem was regarded as such a risk. They may include the risk that the failure of one participant in a payments system, or in financial markets generally, to meet their required obligations when due, will cause other participants or financial institutions to be unable to meet their obligations (including settlement obligations in a transfer system) when due. Such a failure may cause significant liquidity or credit problems.
Search Results
References
20 Jan 2021
RDP
2021-01
Adrian T, B Begalle, A Copeland and A Martin (2014), ‘Repo and Securities Lending’, in M Brunnermeier and A Krishnamurthy (eds), Risk Topography: Systemic Risk and Macro Modeling, National Bureau of ... Rochet J-C and J Tirole (1996), ‘Interbank
https://www.rba.gov.au/publications/rdp/2021/2021-01/references.html
See 10 more results from "RDP 2021-01"
How Risky is Australian Household Debt?
25 Aug 2020
RDP
2020-05
This analysis allows us to move beyond aggregate measures of indebtedness and so take account of how the distribution of debt across households influences systemic risk. ... To some extent the results suggest that the rise in household debt has not
https://www.rba.gov.au/publications/rdp/2020/2020-05/full.html
See 7 more results from "RDP 2020-05"
Macroprudential Limits on Mortgage Products: The Australian Experience
4 Aug 2021
RDP
PDF
2345KB
to act fast and target the specific sources of systemic risk. ... between mortgage products in their systemic risk contributions. In February 2018, APRA released.
https://www.rba.gov.au/publications/rdp/2021/pdf/rdp2021-07.pdf
MARTIN Gets a Bank Account: Adding a Banking Sector to the RBA’s Macroeconometric Model
12 Jan 2022
RDP
PDF
1774KB
sheets, they need more capital to meet regulatory capital requirements. Risk weights are determined. ... determined more by liquidity/risk conditions in global funding markets than by domestic economic.
https://www.rba.gov.au/publications/rdp/2022/pdf/rdp2022-01.pdf
The Role of Collateral in Borrowing
14 Jan 2021
RDP
PDF
1784KB
to borrower risk. As banks generally shift towards safe assets (Caballero, Farhi and. ... different (for risk diversification) businesses and geographical areas (Rochet and Tirole 1996; Freixas.
https://www.rba.gov.au/publications/rdp/2021/pdf/rdp2021-01.pdf
How Risky is Australian Household Debt?
19 Aug 2020
RDP
PDF
1880KB
risks to financial stability, the household DTI ratio is not a perfect measure of the risk of household. ... of debt across households influences systemic risk. However, it still requires assumptions to be made.
https://www.rba.gov.au/publications/rdp/2020/pdf/rdp2020-05.pdf
Identifying Repo Market Microstructure from Securities Transactions Data
13 Aug 2018
RDP
PDF
2622KB
the risk to the lender – if a repo borrower defaults, the lender takes immediate ownership of the. ... monitoring firm-level and systemic risk in these markets. (p 132)3. 1 ‘Repo’ is short for ‘repurchase agreement’.
https://www.rba.gov.au/publications/rdp/2018/pdf/rdp2018-09.pdf
References
15 Aug 2018
RDP
2018-09
160. Adrian T, B Begalle, A Copeland and A Martin (2014), ‘Repo and Securities Lending’, in M Brunnermeier and A Krishnamurthy (eds), Risk Topography: Systemic Risk and Macro Modeling, National Bureau ... Ashcraft AB and D Duffie (2007), ‘Systemic
https://www.rba.gov.au/publications/rdp/2018/2018-09/references.html
See 3 more results from "RDP 2018-09"
Uncertainty and Monetary Policy in Good and Bad Times
1 Oct 2017
RDP
2017-06
First, we run a counterfactual simulation to produce the ‘risk management-driven policy rate gap’. ... These macroeconomic aggregates would have followed a similar historical path regardless of risk management.
https://www.rba.gov.au/publications/rdp/2017/2017-06/full.html
See 10 more results from "RDP 2017-06"
Promoting Liquidity: Why and How?
2 Dec 2009
RDP
PDF
484KB
In addition, where possible, counterparty risk could be reduced by the novation of transactions to a central counterparty. ... Not surprisingly, heightened counterparty risk has led to a significant reduction in liquidity in many bilateral markets.
https://www.rba.gov.au/publications/rdp/2008/pdf/rdp2008-06.pdf