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This critical and thought-provoking book explores the causes and consequences of Europe's failed political and economic institutions. Europe's recession has created new challenges as market turmoil has shaken the foundations of the twin pillars of the new drive for European...
Persistent link: https://www.econbiz.de/10011851800
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
. Using evolutionary theory, she advances the argument that knowledge spillovers operate locally. Computer-simulations analyse …
Persistent link: https://www.econbiz.de/10014473899
discusses the NAIRU theory and presents econometric evidence to assess the relative importance of capital investment and labor … unemployment in the long run? -- 3. The NAIRU theory, the NAIRU story and Keynesian approaches -- 4. Explaining the rise in … the theory of the firm : financialization and management priorities -- 6. Financialization and the slowdown of capital …
Persistent link: https://www.econbiz.de/10011851695
In the past thirty years the financial sector has seen unparalleled growth and has exerted increased economic and political influence and significance. This growth has come hand-in-hand with several serious economic crises and greater monetary instability. Set against this background, this...
Persistent link: https://www.econbiz.de/10011851992
, Correlation and Tails for Systemic Risk Measurement," Manuscript, NYU. -- Campbell, J.Y. and G.B. Tacksler (2003), "Equity …: Theory and Practice 1, Amsterdam, Holland, New York, NY and Oxford, UK: North-Holland Publishing Company, 203-26 -- Peter K …), January-March, 1-21 -- Robert Engle (2002), 'Dynamic Conditional Correlation: A Simple Class of Multivariate Generalized …
Persistent link: https://www.econbiz.de/10011852322
Russian Banking considers the rise of commercial market-oriented banks in Russia, their links with government and non-financial companies and their role as intermediaries in the provision of finance for investment. The contributors explore the legacy of the Soviet past and current functions of...
Persistent link: https://www.econbiz.de/10011851205
.S. Experience, Chapter 11, Second Edition, Armonk, NY: M.E. Sharpe, 143-50 -- E.P. Davis (1992), 'The Economic Theory of Systemic … (ed) and Jean-Pierre Laffargue (ed) (eds), Financial Crisis: Theory, History, and Policy, Chapter 2, Cambridge: Cambridge …. Kindleberger (ed) and Jean-Pierre Laffargue (ed) (eds), Financial Crises: Theory, History, and Policy, Chapter 10, Cambridge …
Persistent link: https://www.econbiz.de/10011852272
This timely book examines the effects of financial liberalization in the more advanced economies of Southeast Asia. The book also analyses the degree to which emerging and transitional economies in East and South Asia can benefit from this example. The weakness of the banking sector is examined...
Persistent link: https://www.econbiz.de/10014473853
pt. 1. The financial community's perspective on the role of private equity -- pt. 2. The entrepreneur's perspective on the role of private equity -- pt. 3. Private equity and the role of public policy in Europe.
Persistent link: https://www.econbiz.de/10012419992