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This book deals with the economic consequences of monetary integration, which has long been dominated by the Optimal Currency Area (OCA) paradigm. In this model, money is perceived as having developed from a private sector cost minimization process to facilitate transactions. Not surprisingly,...
Persistent link: https://www.econbiz.de/10011850704
"Emerging markets are increasingly facing significant challenges, from a slowdown in productivity, rising debt, and trade tensions to the adverse effects of proliferating global uncertainty on domestic financial systems. This incisive Handbook examines the ongoing dynamics of global financial...
Persistent link: https://www.econbiz.de/10013462761
actors, be they individuals or institutions not permitted to contribute to financial market regulation as a public good. As … that arise between various interests and how these are managed within the process of regulation …
Persistent link: https://www.econbiz.de/10011851422
), January, 79-98 -- Carol H. Shiue and Wolfgang Keller (2007), 'Markets in China and Europe on the Eve of the Industrial … in Late Medieval Europe', Economic History Review, XLVII (3), August, 459-82 -- James Masschaele (1997), 'The Quest for … Africa', Journal of African History, VII (2), 295-311 -- Ruth Mazo Karras (1989), 'The Regulation of Brothels in Later …
Persistent link: https://www.econbiz.de/10011852321
1. The rise of unemployment in Europe : a synopsis -- 2. Profits and unemployment : is there an equilibrium rate of …
Persistent link: https://www.econbiz.de/10011851695
On the premise that pension provision in Europe will dramatically change over the next few decades, this book … actuarial equivalence, allow the conversion of wealth into a lifelong stream of income. Developing an Annuity Market in Europe … regulation may significantly alter the present scene of pension finance. Finally, the book offers an overview of regulatory …
Persistent link: https://www.econbiz.de/10014474025
appropriate theoretical basis for financial regulation. In this book, the authors demonstrate how to enhance the theory, modelling … and practice of such regulation. The main determinant of financial instability is the default of financial institutions … interaction with liquidity. Besides covering the historical development and current stance of financial regulation, the book …
Persistent link: https://www.econbiz.de/10014474042
The achievement of financial stability is one of the most pressing issues today. This timely and innovative book provides an analytical framework to assess financial (in)stability as an equilibrium phenomenon compatible with the orderly functioning of a modern market economy. The authors...
Persistent link: https://www.econbiz.de/10014474044
financial regulation from a comparative and international perspective and to identify some of the main research themes and …pt. 1. The structure of financial markets and the role of regulation -- pt. 2. Bank capital adequacy regulation and its … effect on bank behaviour -- pt. 3. European financial regulation and crisis management -- pt. 4. Central clearing of …
Persistent link: https://www.econbiz.de/10011851135
This book highlights the achievements and challenges of the ongoing process of financial integration in Europe. This … financial integration / Cesare Calari -- Financial globalization, corporate governance and Eastern Europe / René M. Stulz … -- Does the financial sector need Europe? / Gertrude Tumpel-Gugerell -- The Central and Eastern European financial sector …
Persistent link: https://www.econbiz.de/10011851237