The U.S financial crisis started in October 2005. The level of new home starts would have replaced the total owner occupied housing stock in 37 years. Much faster than desirable. Mortgage interest rates also went up in same month. In 2006 mortgage lending went on unabated, but housing values did...

The article analyzes the current condition of financial support of higher education institutions in Ukraine. The peculiarities of budget financing of higher education are defined in the article. Authors proved possible directions of improvement of financial maintenance of higher education...

Some recent writings on Islamic finance have resuscitated the old‘no risk, no gain’ precept from the earlier literature in the wake of current financial crisis. They argue that the basic reason for the recurrence of such crisesis the conventional interest-based financial system that rests...

Spanish Abstract: Este trabajo de investigación se concentra en el análisis de eventos de riesgo operacional, es decir, eventos que conducen a pérdidas económicas por fallas en los sistemas administrativos y en los procedimientos internos, así como por errores humanos, intencionales o no....

This research is to examine that most of the time investors do not prefer to highly profitable companies. We investigate the DuPont equation on insurance sector of South Asian region. Through DuPont analysis we see which types of companies are most fruitful for investor. We are using two method...

Abstract In a famous passage in chapter 12 of the General Theory, Keynes observed: "As the organisation of investment markets improves, the risk of the predominance of speculation does, however, increase. In one of the greatest investment markets in the world, namely, New York, the influence of...

An article about the impact of digital currency into the global economy processes. The author analyzes working principle of cryptocurrency and electronic commerce, as well as expected economic and scientific implications of integration cryptocurrency into economy of Russian Federation.

Credit ratings have assumed an increasingly formidable and important role over the years. An increased role and revisions to its foundations, have been triggered, not only in view of the shortcomings of credit ratings based criteria, as revealed through the recent Financial Crisis, but also the...

The Greek sovereign debt crisis exposed the weaknesses of the financial system in relation to the control and risk management in the European context. Moreover, as part of the Greek sovereign debt is concentrated in European banks, a default affect its solvency and liquidity. The new regulation...

We use recently created longitudinal datasets measuring legal change over time to test whether the strengthening of shareholder and creditor rights leads to greater financial development. The hypothesis that law matters to financial development is rejected, both for a sample of 5 countries...