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"The Subprime crisis largely resulted from failures to internalize systemic risk evenly across financial intermediaries and recognize the implications of Knightian uncertainty and mood swings. A successful reform of prudential regulation will need to integrate more harmoniously the three...
Persistent link: https://www.econbiz.de/10011394136
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For most citizens, buying a residential property (dwelling) is the most important transaction during their lifetime. Residential properties represent the most significant component of households’ expenses and, at the same time, their most valuable assets. The Residential Property Prices...
Persistent link: https://www.econbiz.de/10014394866
(Whites, Blacks, Asians, and Hispanics) interacted with their foreign born status, using the Integrated Public Use Micro Data …
Persistent link: https://www.econbiz.de/10010521022
"Indonesia's oil revenues and fuel subsidies dominate the nation's economic policy agenda. This paper estimates the impact of higher international oil prices on the Indonesian government's fiscal position in 2008 and beyond. It analyzes the interactions between government revenues and...
Persistent link: https://www.econbiz.de/10010521041
Diesel gensets contribute to emissions of fine particulate matter (PM), including black carbon, which derives from the incomplete combustion of diesel (as occurs in many diesel generating sets or gensets). Particulate matter is a predisposing factor for respiratory and cardiopulmonary disease...
Persistent link: https://www.econbiz.de/10012247043
The report is the third in a series of reports that evolved from a collaboration between the local government of the City of Johannesburg, and the World Bank in 1999-2000 on the theme of local economic development. It presents the main findings of the 1999 World Bank informal sector survey,...
Persistent link: https://www.econbiz.de/10012558732
"The intensity of recent turbulence in financial markets has surprised nearly everyone. This paper searches out the root causes of the crisis, distinguishing them from scapegoating explanations that have been used in policy circles to divert attention from the underlying breakdown of incentives....
Persistent link: https://www.econbiz.de/10010521003
"Powell, Mylenko, Miller, and Majnoni analyze how data in public credit registries can be used both to strengthen bank supervision and to improve the quality of credit analysis by financial institutions. Empirical tests using public credit registry (PCR) data were performed in collaboration with...
Persistent link: https://www.econbiz.de/10010522892