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• W2035461903 abstract "The relationship between the observance of financial system standards and financial stability is complex owing to the multitude of macroeconomic and structural factors affecting stability. Assessments of standards need to be interpreted using information on other factors affecting risks. Preliminary evidence from data on observance of Basel Core Principles (BCP) suggests that credit risk and bank soundness are primarily influenced by macroeconomic and macroprudential factors and that direct influence of compliance with BCP on credit risk and soundness is insignificant. Compliance could, however, have a sizable indirect influence through its impact on the marginal effect on soundness of macro factors." @default.
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• W2035461903 date "2001-01-01" @default.
• W2035461903 modified "2023-10-06" @default.
• W2035461903 title "Financial System Standards and Financial Stability: The Case of the Basel Core Principles" @default.
• W2035461903 doi "https://doi.org/10.2139/ssrn.879547" @default.
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