Showing 1 - 10 of 158
In this study, a basic comparison between the Pigouvian and the Coasean approaches is carried out in order to discuss and comment on the mechanisms by which externalities are resolved. Environmental control approaches are examined and compared in terms of minimization of abatement costs,...
Persistent link: https://www.econbiz.de/10011107342
Presented study was a part of ESPON TERCO project (European Territorial Cooperation as a Factor of Growth, Jobs and Quality of Life) and was aimed at verifying the hypothesis that territorial cooperation underpins socio-economic development. Based on the literature review a conceptual model of...
Persistent link: https://www.econbiz.de/10011258223
Darwin's "Origin" launched evolution into theoretical orbit and it continues to influence its course. This magnum opus detailed a tenable solution to the most fundamental problem of human existence, and although this Promethean vision contains sundry trivial flaws, there is, however, one...
Persistent link: https://www.econbiz.de/10008545987
The paper offers an overview about the latest developments in international cooperation for prudential supervision, describing the main tools and modalities. It also contains a specific section dedicated to cooperation in the EU where it is conducted a critical analysis of the Lamfalussy method....
Persistent link: https://www.econbiz.de/10005260064
This dissertation introduces "Truly Non-Cooperative Games" – axioms and complimentary negotiation models developed to analyse the human "Struggle for Life" – and presents "The Principle of Relative Insularity", a unified theory of value which unites economics, astrophysics, and biology. In...
Persistent link: https://www.econbiz.de/10008595904
The binary and multinomial logit models are applied for prediction of the Russian banks defaults (license withdrawals) using data from bank balance sheets and macroeconomic indicators. Significantly different models correspond to the two main grounds for license withdrawal: financial insolvency...
Persistent link: https://www.econbiz.de/10011258099
This paper documents a large cross-bank and cross-country variation in the relationship between loan loss provisions and the business cycle and explores bank management specific, bank-activity specific and country specific (institutional and regulatory) features that explain this diversity in...
Persistent link: https://www.econbiz.de/10011113042
This study provides a link between accounting, managerial discretion and monetary policy. Monetary authorities encourage banking institutions to supply credit to the economy. Increased bank supply of credit is a good thing but too much of a good can be a bad thing. This paper investigates under...
Persistent link: https://www.econbiz.de/10011212790
global policy issues in recent years relates to its internal governance. This paper focuses specifically on the structure and … highly diverse tasks of the IMF require different governance structures in order to be implemented effectively. We believe …
Persistent link: https://www.econbiz.de/10004980389
We consider a two period career concern model where corporate governance is a decisive factor for innovation efforts by … democratic governance structure and relatively low product market competition. Using a panel dataset from 1990s, compiled from …&D, product market competition, and Governance index, we show that there is a robust association between innovation and the …
Persistent link: https://www.econbiz.de/10011130314