Narrow search
Showing 1 - 10 of 382
Cover Image
Financial Reform and Banking Crises
Shehzad, Choudhry Tanveer - 2013
We examine the impact of various dimensions of financial reform on the likelihood of systemic and non-systemic banking crises. Using new financial reform measures for a large sample of developing and developed countries for the period 1973 to 2002, our multivariate probit modeling results...
Persistent link: https://www.econbiz.de/10013095277
Cover Image
China's Capital Flight : Pre- and Post-Crisis Experiences
Cheung, Yin-Wong - 2015
We study China's illicit capital flow and document a change in its pattern. Specifically, we observe that China's capital flight, especially the one measured by trade misinvoicing, exhibits a weakened response in the post-2007 period to the covered interest disparity, which is a theoretical...
Persistent link: https://www.econbiz.de/10013011434
Cover Image
Cross-Border Banking in Regulated Markets : Is Financial Integration Desirable?
Haufler, Andreas - 2016
We set up a two-country, regional model of trade in financial services. Competitive firms in each country manufacture untraded consumer goods in an uncertain productive environment, borrowing funds from a bank in either the home or the foreign market. Duopolistic banks can choose their levels of...
Persistent link: https://www.econbiz.de/10012978391
Cover Image
Powering Up Developing Countries Through Integration?
Auriol, Emmanuelle - 2012
Power market integration is analyzed in a two countries model with nationally regulated firms and costly public funds. If generation costs between the two countries are too similar negative business-stealing outweighs efficiency gains so that following integration welfare decreases in both...
Persistent link: https://www.econbiz.de/10013104162
Cover Image
Institution Formation in Public Goods Games
Kosfeld, Michael - 2008
Centralized sanctioning institutions are of utmost importance for overcoming free-riding tendencies and enforcing outcomes that maximize group welfare in social dilemma situations. However, little is known about how such institutions come into existence. In this paper we investigate, both...
Persistent link: https://www.econbiz.de/10012773765
Cover Image
Commodity Taxation and Regulatory Competition
Moriconi, Simone - 2017
This paper studies theoretically and empirically competition in commodity taxation and product market regulation … taxes finance public goods, and product market regulation affects both the number of firms in the market and product … commodity taxation and product market regulation are interdependent policies. We find absence of strategic interaction in …
Persistent link: https://www.econbiz.de/10012960999
Cover Image
The Impact of Financial (De-)Regulation on Current Account Balances
Moral-Benito, Enrique - 2014
Both global imbalances and financial market (de-)regulation feature prominently among the potential causes of the … investigate the relationship between financial market regulation and current account balances, an area for which limited empirical …
Persistent link: https://www.econbiz.de/10013043215
Cover Image
Regulatory Arbitrage and the Efficiency of Banking Regulation
Boyer, Pierre - 2016
We study the efficiency of banking regulation under financial integration. Banks freely choose the jurisdiction where …
Persistent link: https://www.econbiz.de/10012991941
Cover Image
Bank Bailouts, International Linkages and Cooperation
Niepmann, Friederike - 2011
Financial institutions are increasingly linked internationally. As a result, financial crisis and government intervention have stronger effects beyond borders. We provide a model of international contagion allowing for bank bailouts. While a social planner trades off tax distortions, liquidation...
Persistent link: https://www.econbiz.de/10013128043
Cover Image
The Diversity of Debt Crises in Europe
Stein, Jerome L. - 2011
governments and increasing bank regulation. My article is concerned with the following issues. [Q1] How can one explain the inter …
Persistent link: https://www.econbiz.de/10013130015