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gives a brief description of the evolution of the Finnish banking crisis and its handling. In the first section, the salient … features of the Finnish banking system are described. We then briefly discuss the liberalization process, macroeconomic and … banking crisis. The list of references is by no means exhaustive, and it is designed mainly to help foreign readers to find …
Persistent link: https://www.econbiz.de/10005190761
This paper studies how comparing can be used to provide information in financial markets in the presence of a hidden characteristics problem. Although an investor cannot precisely estimate the future returns of an entrepreneur’s projects, the investor can mitigate the asymmetric information...
Persistent link: https://www.econbiz.de/10005648914
The paper gives a brief description of the evolution of the Finnish banking crisis and its handling. In the first … section, the salient features of the Finnish banking system are described. We then briefly discuss the liberalization process … rationalization of the banking sector. The paper includes references to recent articles and discussion papers dealing with important …
Persistent link: https://www.econbiz.de/10005649003