Showing 1 - 10 of 23
El sistema financiero esta siendo objeto de un importante ajuste regulatorio que se ha incrementado gradualmente en los ultimos cinco aƱos. Solvencia II y Basilea III son dos de las iniciativas globales mas relevantes que tratan de reformular el escenario futuro de las finanzas. Bajo este...
Persistent link: https://www.econbiz.de/10011132487
The financial system is undergoing an important regulatory overhaul, gradually increased during the last five years. Solvency II and Basel III are two of the most relevant global initiatives that try to reformulate the future landscape for finance. Under this scenario the Insurance and Pensions...
Persistent link: https://www.econbiz.de/10010784833
The financial system is undergoing an important regulatory overhaul, gradually increased during the last five years. Solvency II and Basel III are two of the most relevant global initiatives that try to reformulate the future landscape for finance. Under this scenario the Insurance and Pensions...
Persistent link: https://www.econbiz.de/10010795000
In this paper we introduce several methodological innovations in an empirical analysis of the determinants of the private Credit-to-GDP ratio, which allow us to estimate the long-term sustainable level of credit deepening in a country and its deviations. We also find new evidence of different...
Persistent link: https://www.econbiz.de/10011118602
La crisis ha supuesto un incremento de la fragmentacion financiera y la constatacion de un vinculo entre los riesgos soberano y bancario nacionales, cuya persistencia en el tiempo seria incompatible con el euro. La solucion a estos problemas debe ser la union bancaria, que debe construirse a la...
Persistent link: https://www.econbiz.de/10010897057
The crisis has led to increased financial fragmentation and revealed the link between sovereign and national banking risks, whose persistence over time would be incompatible with the euro. The solution to these problems must be the banking union, which should be constructed at the same time as...
Persistent link: https://www.econbiz.de/10010784835
This paper measures fragmentation in four European financial markets (interbank, sovereign debt, equity, and the CDS market for financial institutions) and develops a new measure of global fragmentation using these markets as inputs. We find that, during the recent crisis, fragmentation in the...
Persistent link: https://www.econbiz.de/10010784844
A pesar de que el 97% de la poblacion en Mexico cuenta con al menos un punto de acceso al sistema financiero, solo el 38% tiene algun producto de ahorro o de cedito en instituciones financieras formales. Dichos resultados evidencian la falta de uso del sistema financiero formal y resaltan la...
Persistent link: https://www.econbiz.de/10011132480
El sector bancario espanol ha experimentado uno de los procesos de reestructuracion mas completos y profundos de la zona euro. En el ariculo se realiza una revision de las sucesivas medidas adoptadas para reformar el sector bancario desde el inicio de la crisis, especialmente las adoptadas a...
Persistent link: https://www.econbiz.de/10011132489
En este documento de trabajo se explica el proceso de construccion de la union bancaria, el proyecto europeo mas ambicioso desde la moneda unica, lanzado en 2012 para enviar a los mercados una senal fuerte de unidad frente a la fragmentacion financiera y al riesgo de ruptura del euro.
Persistent link: https://www.econbiz.de/10011082374