Showing 71 - 80 of 180
The Italian economy has suffered from structural problems for the last fifteen years, which have weakened its competitiveness. The innovation gap, by international standards, is one of those problems. Business incubators are one of the solutions proposed in the economic literature and put into...
Persistent link: https://www.econbiz.de/10011100376
strengthen the capacity of big banks to weather future crises, starting with Basel 3, point in the right direction, but they are …The crisis has shown that banks that are too big to fail are at the core of the international financial system. These …
Persistent link: https://www.econbiz.de/10011105112
The financial crisis that started in August 2007 has led to a worsening in the conditions of credit supply to customers. Since the second half of 2008, several measures have been adopted in order to sustain access to credit for both firms and households, such as debt moratoria, provisions of...
Persistent link: https://www.econbiz.de/10009645797
The aim of the present note is to outline a general, but at the same time comprehensive, framework of the array of instruments that regulators can use in their activity of prudential regulation and supervision. Such a framework should be applicable to a variety of geographical and historical...
Persistent link: https://www.econbiz.de/10004998785
- is the regulatory response given to financial crises in the past, across countries. Alongside the scholarly interest of … distress. Financial crises have been examined under many perspectives, including that of regulatory failures. The studies … response to major financial crises. …
Persistent link: https://www.econbiz.de/10008458259
Credit purchases of consumer goods are commonly made upon terms governed by an agreement between the lender and the seller. This type of purchase is generally subject to a legal principle of joint responsibility under which the lender and the seller are jointly liable to the consumer for breach...
Persistent link: https://www.econbiz.de/10005609390
contribute to the outbreak of a new financial crisis. In Italy, overtrading of the banks of issue in the 1880s contributed to the … 1888-1894 financial crisis, which yielded regulation concerning only these banks and restricting their activity. The German …-type universal banks, created at the turn of the century and unconstrained in their undertakings, were at the core of the 1907 and …
Persistent link: https://www.econbiz.de/10005056488
strategy banks adopt in response to the reform, and that banks tend to prefer some strategies over others. Specifically, an … less likely to be preferred by banks. We also find that the undesired macroeconomic effects of the reform during the …
Persistent link: https://www.econbiz.de/10011099693
imperfectly competitive banking sector into a DSGE model with financial frictions. Banks issue collateralized loans to both …
Persistent link: https://www.econbiz.de/10008480533
It is known that discretionary policy may give rise to an infaltionary bias if wages are negotiated in nominal terms. It has recently been argued that this bias can be eliminated, and welfare maximized, by the appointment of a central banker who does not care at all about inflation.
Persistent link: https://www.econbiz.de/10005780698