We examine the effects of collateral provision as a potential channel between funding liquidity tensions and the … between financial institutions to market participants that bear new liquidity risk on the market associated with collateral … are used as collateral both in the open market operations of the ECB and on the interbank market. We use a time …

government debt securities market, since these assets are used as collateral both in the open market operations of the ECB and on … on the collateral market. The existence of these conventional and unconventional regimes highlights some asymmetries in …

We show, by means of an example, that in models where default is subject to both collateral repossession and utility … their promises. At the same time collateral bundles and utility functions are such that the full repayment of debts implies … that the asset price should be strictly larger than the cost of collateral requirements. This is sufficient to induce …

, collateral requirements do not always eliminate the occurrence of Ponzi schemes and equilibria may fail to exist. This paper aims …

explores to what extent the entrepreneurial culture can be developed in a relatively short timeframe in a population of student … which is developed within a framework of acculturation rather than intentions. The concept of the entrepreneurial culture … subsumes the larger notion of culture in general and uses entrepreneurship as a value creation process and a driver in the …

In this conceptual study we first categorize, from existing literature, different conceptions of culture rooted in …’s global culture, the Spinning Top Model. We posit theoretical proposals based on this model and define a new analytical …