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increasing willingness to pay for outbound tourism goes hand in hand with an increasing per capita income in the world. However …
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During the 1997/98 Asian crisis and the 2007-2010 world financial and economic crisis, China has proved to be a … stabilizer for East Asia and the world. The paper stresses the crucial role of the dollar peg for macroeconomic stability in …, East Asia and the world economy. Distortions originating in real exchange rate stabilization are identified and are argued …
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Das Ziel der vorliegenden Dissertation ist es, ein besseres Verständnis von systemischen Risiken auf Interbankenmärkten zu entwickeln. Die Bedeutung systemischer Risiken für die Stabilität des gesamten Finanzsystems ist durch die internationale Finanzkrise der Jahre 2007/2008 deutlich...
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4207 The system of non-bank financial intermediaries (NBFI; i.e., shadow banks) has grown rapidly in recent decades up to a roughly size of about Dollar 71 trillion. Shadow banks moved for a number of reasons into the focus of regulatory authorities: (1) the risks associated with circumventing...
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