References
- 1. Adrian and Shin. (2007). Financial System and Macroeconomic Resilience, Liquidity and Financial Cycles. 6th BIS Annual Conference, June 2007, Brunnen.10.2139/ssrn.1165583
- 2. Ashraf, A., Hassan, M., Putnam, K., Turunen-Red, A., (2019) Prudential regulatory regimes, accounting standards, and earnings management in the banking industry, Bulletin of Monetary Economics and Banking, 21, 367-394.10.21098/bemp.v21i3.975
- 3. Barberis, Nicolas. (2011). Psychology and the Financial Crisis of 2007-2008. Michael Haliassos ed., MIT Press, 2013.10.2139/ssrn.1742463
- 4. ____ (2018). Psychology-based Models of Asset Prices and Trading Volume. Handbook of Behavioral Economics.
- 5. Basel Committee for Bank Supervision (2008). Principles for Sound Liquidity Risk Management and Supervision. Bank for International Settlements Working Paper, September.
- 6. ____ (2013a). Basel III: The Liquidity Coverage Ratio and liquidity risk monitoring tools. Bank for International Settlements, January
- 7. ____ (2013b). Liquidity Stress Testing: A Survey of Theory, Empirics and Current Industry and Supervisory Practices. Bank for International Settlements Working Paper, No. 24, October.
- 8. ____ (2014). Basel III: The Net Stable Funding Ratio. Bank for International Settlements Working Paper, October.
- 9. ____ (2016. Regulatory Consistency Assessment Programme (RCAP): Assessment of Basel III LCR regulations – Indonesia. Basel Committee on Banking Supervision.
- 10. Blancer, Nicolas, Mitra, Srobona., Morsy, Hanan., Otani, Akira., Severo, Tiago., & Valderrama, Laura. (2013). Systemic Risk Monitoring (“SysMo”) Toolkit – A User Guide. IMF Working Paper, July.10.5089/9781484383438.001
- 11. Breuer, Thomas, Jandaˇcka, Martin, Rheinberger, Klaus, & Summer, Martin. (2009). How to Find Plausible, Severe, and Useful Stress Scenario. International Journal of Central Banking, September.
- 12. Brunnermeier, M. K., & Pedersen, L.H. (2008). Market Liquidity and Funding Liquidity. The Review of Financial Studies, 22 (6) : 2201–2238.10.1093/rfs/hhn098
- 13. Borio, Claudio. (2009). Ten Propositions about Liquidity Crises. BIS Working Papers: 293.10.2139/ssrn.1511622
- 14. Clerc, Laurent, Giovannini, Alberto, Langfield, Sam, Peltonen, Portes, Richard, & Scheicher, Martin. (2016). Indirect Contagion: The Policy Problem. European Systemic Risk Board Occasional Paper Series.10.2139/ssrn.3723340
- 15. Cho, S., & Hahm, J. H. (2014). Foreign Currency Noncore Bank Liabilities and Macroprudential Levy in Korea. Emerging Markets Finance and Trade, 50(6), 5-18.10.1080/1540496X.2014.1013871
- 16. Čihák, Martin. (2007). Introduction to Applied Stress Test. IMF Working Paper WP/07/59.10.5089/9781451866230.001
- 17. Dang, Tri Vi, Gorton, Gary, & Holmström, Bengt. (2015). The Information Insensitivity of Security. Columbia University Working Paper.Deutsche Bank. (2016), Annual report 2016.
- 18. De Bandt, Oliver., & Hartmann, Philipp. (2000). Systemic Risk: A Survey. European Central Bank Working Paper No. 35, November.10.2139/ssrn.258430
- 19. Drehmann, Mathias & Juselius, Mikael (2013) Evaluating Early Warning Indicators of Banking Crises: Satisfying Policy Requirements. Bank for International Settlement Working Paper.10.1016/j.ijforecast.2013.10.002
- 20. Diamond, Douglas W. & Dybvig, Philip H. (1983) Bank Runs, Deposit Insurance, and Liquidity. Journal of Political Economy, Vol. 91, No. 3, June, pp. 401-419.10.1086/261155
- 21. Diamond, Douglas W. & Rajan, Raghuram (2001). Liquidity Risk, Liquidity Creation, and Financial Fragility: A Theory of Banking. Journal of Political Economy, Vol. 109, No. 2 (April 2001), pp. 287-327.10.1086/319552
- 22. ____ (2005). Liquidity Shortage and Banking Crises. The Journal of Finance, Vol. LX, No. 2 (April 2005), pp. 615 – 647.10.1111/j.1540-6261.2005.00741.x
- 23. Duijm, Patty, & Wierts, Peter. (2014). The Effects of Liquidity Regulation on Bank Assets and Liabilities. Duisenberg School of finance - Tinbergen Institute Discussion Paper
- 24. Edwards, Franklin R., & Mishkin, Frederic S. (1995). The Decline of Traditional Banking: Implications for Financial Stability and Regulatory Policy. NBER Working Paper Series.10.3386/w4993
- 25. Eichengreen, Barry. (2016). Hall of Mirrors: The Great Depression, the Great Recession, and the Uses-and Misuses-of History. Oxford University Press; Reprint edition (October 1, 2016).
- 26. Ekananda, M., (2017) Macroeconomic condition and banking industry performance in Indonesia, Bulletin of Monetary Economics and Banking, 20, 71-98.10.21098/bemp.v20i1.725
- 27. European Central Bank. (2008). EU Banks’ Liquidity Testing and Contingency Funding Plans. November.
- 28. Gauthier, C., Souissi, M., & Liu, X. (2014). Introducing Funding Liquidity Risk in A Macro Stress-testing Framework. International Journal of Central Banking, 10(4), 105-141.
- 29. Geithner, Timothy F. Final Written Testimony on Global Financial Crisis. Testimony to House of Financial Services Committee.
- 30. Goodhart, Charles. (1999). Myths about the Lender of the Last Resort. International Finance 2:3, pp. 339-60.10.1111/1468-2362.00033
- 31. Gorton, Gary & Metrick, Andrew. (2009a). Haircut. National Bureau of Economic Research Working Paper Series.
- 32. Gorton, Gary & Metrick, Andrew. (2009b). Securitized Banking and the Run on Repo. National Bureau of Economic Research Working Paper Series.10.3386/w15223
- 33. ____ (2012). Getting up to Speed on the Financial Crisis: A One-Weekend-Reader’s Guide. NBER Working Paper No. 17778.
- 34. ____ (2018). Global Financial Crisis and Capital Markets. Yale School of Management Lecture Material.
- 35. Hałaj, Grzegorz, & Kok, Christoffer. (2013). Assessing Interbank Contagion Using Simulated Networks. European Central Bank Working Paper.10.1007/s10287-013-0168-4
- 36. Harun, Cicilia A., Wijayanti, Rani., Rachmanira, Sagita., & Nattan, R. Renanda., (2016). Macroprudential Liquidity Instrument: The Case of Indonesia. Bank Indonesia Working Paper, September.
- 37. Heider, Florian, & Hoerova, Marie. (2009). Interbank Lending, Credit Risk Premia and Collateral. International Journal of Central Banking, Vol. 5, pp. 1-3910.2139/ssrn.1498988
- 38. Hidayati, N.., Siregar, H., Pasaribu, S., (2017) Determinant of efficiency of the Islamic banking in Indonesia, Bulletin of Monetary Economics and Banking, 20, 29-48.10.21098/bemp.v20i1.723
- 39. Hill, Hal. (2012). The Best of Times and the Worst of Times: Indonesia and Economic Crises. Australia National University Working Paper in Trade and Development No. 2012/13.
- 40. Ibrahim, M., (2019) Capital regulation and Islamic banking performance: A panel evidence, Bulletin of Monetary Economics and Banking, 22, 47-68.10.21098/bemp.v22i1.1029
- 41. Ibrahim, M.H., and Law, S.H., (2019) Financial intermediation costs in a dual banking system: The role of Islamic banking, Bulletin of Monetary Economics and Banking, 22, 531-552.10.21098/bemp.v22i4.1236
- 42. International Monetary Fund. (2014). Bank Size and Systemic Risk. IMF Staff Discussion Note SDN 14/04, May.10.5089/9781498353922.002
- 43. ____ (2017). Indoensia: Financial System Stability Assessment — Press Release and Statement by the Executive Director for Indonesia. IMF Country Report No. 17/152.10.5089/9781484303559.002
- 44. Iriana, Reiny, & Sjoholm, Fredrik. (2002). Indonesia’s Economic Crisis: Contagion and Fundamentals. The Developin Economics, XL-2 (June 2002): 135-51.10.1111/j.1746-1049.2002.tb01004.x
- 45. Jobst, Andreas A., Ong, Li Lian, & Schmieder, Christian. (2017). Macroprudential Liquidity Stress Testing in FSAPs for Systemically Important Financial Systems. IMF Working Paper.10.5089/9781475597240.001
- 46. Jung, Y., Kim, S., & Yang, D. Y. (2017). Optimal macroprudential policies and house prices in Korea. Emerging Markets Finance and Trade, 53(11), 2419-2439.10.1080/1540496X.2017.1322503
- 47. Karim, N., Al-Habshi, S., Abduh, M., (2016) Macroeconomics indicators and bank stability: A case of banking in Indonesia, Bulletin of Monetary Economics and Banking, 18, 431-448.10.21098/bemp.v18i4.609
- 48. King, Brett. (2018). Bank 4.0: Banking Everywhere, Never at a Bank. Marshall Cavendish Business.10.1002/9781119506515
- 49. Lee, M., Asuncion, R. C., & Kim, J. (2016). Effectiveness of macroprudential policies in developing Asia: an empirical analysis. Emerging Markets Finance and Trade, 52(4), 923-937.10.1080/1540496X.2015.1103137
- 50. Levy-Yeyati, E., Martinez Peria, M. S., & Schmukler, S. L. (2010). Depositor behavior under macroeconomic risk: evidence from bank runs in emerging economies. Journal of Money, Credit and Banking, 42(4), 585-614.10.1111/j.1538-4616.2010.00300.x
- 51. Lucas, R. E. (1976, January). Econometric policy evaluation: A critique. In Carnegie-Rochester conference series on public policy (Vol. 1, pp. 19-46). North-Holland.10.1016/S0167-2231(76)80003-6
- 52. Melecky, M., & Podpiera, A. M. (2012). Macroprudential stress-testing practices of central banks in central and southeastern Europe: Comparison and challenges ahead. Emerging Markets Finance and Trade, 48(4), 118-134.10.2753/REE1540-496X480407
- 53. Muljawan, Dadang, Taruna, Aditya A. & Harun, Cicilia A. (2013). Banking Liquidity Redux. Bank Indonesia working paper.
- 54. Mulyaningsih, T., Daly, A., Miranti, R., (2016) Nexus of competition and stability: Case of banking in Indonesia, Bulletin of Monetary Economics and Banking, 18, 333-350.10.21098/bemp.v18i3.555
- 55. Purwono, R., Yasin, M., (2019) The convergence test of Indonesia banking inefficiency: Do macroeconomic indicators matter? Bulletin of Monetary Economics and Banking, 21, 123-137.10.21098/bemp.v21i1.946
- 56. Sakti, M., Achsani, N., Syarifuddin, F., (2018) Online banking implementation: Risk mapping using ERM approach, Bulletin of Monetary Economics and Banking, 20, 279-306.10.21098/bemp.v20i3.824
- 57. Schmieder, Christian, Hesse, Heiko, Neudorfer, Benjamin, Puhr, Claus, & Schmitz, Stefan W. (2012). Next Generation System-Wide Liquidity Stress Testing. IMF Working Paper.
- 58. Schmidt, Lawrence, Timmermann, Allan, & Wermers, Russ. (20116). Runs on Money Market Mutual Funds. The American Economic Review, Vol. 106, No. 9 (September 2016), pp. 2625-265.10.1257/aer.20140678
- 59. Schuermann, Til. (2014). Stress Testing Banks. International Journal of Forecasting.10.1016/j.ijforecast.2013.10.003
- 60. Seung, H.L., Ho, S.M., Jong, H.L., Ji, H. B., Sejin, Y., & Dongkyu, C. (2013). Systemic Risk Assessment Model for Macroprudential Policy. Macroprudential Analysis Department, Bank of Korea.
- 61. Stiglitz, Joseph E. and Andrew Weiss (1981). Credit Rationing in Markets with Imperfect Information. The American Economic Review, Vol. 71, No. 3 (Jun., 1981), pp. 393-410.
- 62. Sunarmo, (2018) Market structure and competition of Islamic banking in Indonesia, Bulletin of Monetary Economics and Banking, 20, 307-324.10.21098/bemp.v20i3.855
- 63. Tabak, B. M., Guerra, S. M., Miranda, R. C., & de Souza, S. R. S. (2012). Stress Testing Liquidity Risk: The Case of the Brazilian Banking System (No. 302).
- 64. Taruna, Aditya A. & Harun, Cicilia A. (2016a). The Gap Identification of Bank Indonesia’s Stress Testing Framework and Bank of Korea’ System Risk Assessment: Diagnostic. Bank Indonesia Working Paper.
- 65. Taruna, Aditya A. & Harun, Cicilia A. (2016b). The Estimation of Systemic Risk Indicators Using Threshold Logic. Bank Indonesia Working Paper.
- 66. Taruna, Aditya A. & Harun, Cicilia A. (2017). Credit Risk Estimation Using Micro Risk Component. Bank Indonesia Working Paper.
- 67. Tucker, Paul. (2019). Is the Financial System Sufficiently Resilient: A Research Programme and Policy Agenda. BIS Working Paper No. 792.
- 68. Tirole, Jean. (2011). Illiquidity and All Its Friends. Journal of Economic Literature, Vol. 49, No. 2 (June 2011), pp. 287-325.10.1257/jel.49.2.287
- 69. Wong, T. C., & Hui, C. H. (2009). A liquidity Risk Stress-testing Framework with Interaction between Market and Credit Risks. Available at SSRN 1370826.10.2139/ssrn.1370826
- 70. Yang, L., & Yi, Y. (2019). Effectiveness of macroprudential policies under maturity mismatch. Emerging Markets Finance and Trade, 1-26.10.1080/1540496X.2019.1627194