means that, surprisingly, the association between stock prices and spreads of the banking sector does not seem to surge in …

traders to bank their permits for future use. In the model presented in this paper, banking of carbon allowances in a global … conditions traders find it optimal to bank permits, when banking is socially optimal, and what are the implications for present … of banking on carbon emissions, technological progress, and optimal investment decisions is quantified and the incentives …

Banking reform has proved to be one of the most problematic elements of economic transition in central and Eastern … Europe. Therefore the paper considers the development of the Estonian banking sector and derives individual banks´ fragility …

, populations are shrinking and ageing at the same time. This paper explores the impact of demographic change on the banking …

biographical background of 593 supervisory board members in the 29 largest banks and find a pronounced difference in the finance … supervisory board (in-)competence in finance is related to losses in the financial crisis. Improved bank governance is therefore a …