Showing 1 - 10 of 1,609
This paper studies financial statement information from the 50 largest international oil and gas companies during 1992 to 2011 and evaluates their relation to market values. In particular, we examine how this relationship is affected by accounting method choice (successful efforts versus full...
Persistent link: https://www.econbiz.de/10013043599
had an account with the bank. Both methods are robust: they found similar variables as determinants. We therefore show …
Persistent link: https://www.econbiz.de/10013095290
This paper considers the optimal taxation of savings intermediation and payment services in a dynamic general equilibrium setting, when the government can also use consumption and income taxes. When payment services are used in strict proportion to final consumption, and the cost of...
Persistent link: https://www.econbiz.de/10013136605
mechanisms for bank risk-taking studied in a large partial equilibrium literature. We show that competitive equilibriums maximize … banks is higher than that of banks enjoying monopoly rents, and is robust to the introduction of social costs of bank … failures. In this model, there is no trade-off between bank competition and financial stability …
Persistent link: https://www.econbiz.de/10013086044
the central bank after a liquidity shock creates a new channel of policy transmission that leads to a sharp decrease in …
Persistent link: https://www.econbiz.de/10013089685
bank losses are partly collectivized in a banking union …
Persistent link: https://www.econbiz.de/10012953879
This paper analyzes the effect of the removal of government guarantees on bank risk taking. We exploit the removal of …
Persistent link: https://www.econbiz.de/10013055384
We study the efficiency of banking regulation under financial integration. Banks freely choose the jurisdiction where to locate their activities and have private information about their efficiency level. Regulators non-cooperatively offer any regulatory contract that satisfies information and...
Persistent link: https://www.econbiz.de/10012991941
coordinated ones when governments care equally about bank profits, taxpayers, and consumers …
Persistent link: https://www.econbiz.de/10012993695
This paper seeks to understand the interplay between banks, bank regulation, sovereign default risk and central bank … guarantees in a monetary union. I assume that banks can use sovereign bonds for repurchase agreements with a common central bank … cheaply, effectively shifting the risk of some of the potential sovereign default losses on the common central bank …
Persistent link: https://www.econbiz.de/10013076729