Mikro- i makroostrożnościowe standardy płynności banków i ich skutki

• Authors: Małgorzata Olszak , Filip Świtała

Title variants

EN

Micro- and Macroprudential Liquidity Standards and Their Effects

Abstracts

EN

This article focuses on liquidity standards whose significance has risen since the recent crisis of 2007/2008. The analysis concentrates on two areas. The first one is identification of common characteristics of liquidity standards recommended in Basel III and provisions included in directives and regulations in the European Union, as well as common traits of Polish supervisory liquidity rules and Basel III standards in this field. The other is identification of effects of liquidity standards. Analysis of Polish supervisory liquidity standards leads to conclusion that they have their counterparts in liquidity standards recommended by the Basel Committee. Simulations conducted by the Bank for International Settlements show that implementation of liquidity standards will bring more benefits than losses, for both banking (and financial) sector and the real economy. Unfortunately, contemporary empirical research only explains what are the effects of application of reserve requirements used in monetary policy. So little is known about the effects of other instruments whose track record is relatively short. However, even this scant evidence seems to support the prediction that reserve requirements could potentially be applied as a tool stabilizing financial sector and diminishing systemic risk.

PL

Artykuł dotyczy standardów płynnościowych, których istotność dla prowadzenia polityki regulacyjnej państwa wzrosła w okresie po kryzysie finansowym 2007/2008, szczególnie w obszarze dbania o stabilność finansową. Analiza zawarta w artykule koncentrowała się na dwóch grupach zagadnień. Po pierwsze na identyfikacji wspólnych cech międzynarodowych standardów płynnościowych określonych w Bazylei III oraz w przepisach prawnych w Unii Europejskiej oraz porównaniu polskich nadzorczych miar płynności ze standardami międzynarodowymi, po drugie zaś na określeniu potencjalnych skutków stosowania standardów płynnościowych. Artykuł jest efektem badań finansowanych przez Wydział Zarządzania Uniwersytetu Warszawskiego ze środków na rozwój potencjału badawczego.

Keywords

PL

standardy płynności; stabilność finansowa; polityka makroostrożnościowa regulacje

EN

liquidity standards; financial stability; macroprudential policy; regulations

• Publisher: Uniwersytet Warszawski. Wydawnictwo Naukowe Wydziału Zarządzania
• Journal: Problemy Zarządzania
• Year: 2018
• Issue: 1/2018 (72), t.1
• Pages: 116-149

Dates

published

2018

Contributors

author

Małgorzata Olszak

• Uniwersytet Warszawski, Wydział Zarządzania, Zakład Bankowości i Rynków Pieniężnych

author

Filip Świtała

• Uniwersytet Warszawski, Wydział Zarządzania, Zakład Gospodarki Rynkowej

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Identifiers

DOI

10.7172/1644-9584.72.7

Biblioteka Nauki

956554