Showing 1 - 5 of 5
particular, is a key question with implications for sustainable finance and financial stability. We address this question by …
Persistent link: https://www.econbiz.de/10012813555
The aim of this paper is to study the distribution of portfolio returns across portfolios and for given asset returns. We focus on the most common type of investment considering portfolios whose weights are non-negative and sum up to 1. We provide algorithms and formulas from computational...
Persistent link: https://www.econbiz.de/10012053217
reform package of prudential and resolution rules in banking ("banking package"). This study replicates and expand Schäfer et … is the 2018 Council agreement on its general approach to the proposed banking package. While the 2016 and 2019 reforms of …
Persistent link: https://www.econbiz.de/10012299232
We investigate profit shifting by the largest and systemically relevant European multinational banks using new data made available through country-by-country reporting for the financial years 2014-2016. We capture tax incentives for income shifting using a multilateral tax differential between...
Persistent link: https://www.econbiz.de/10012054765
jurisdictions where the banking group operates. Then, we evaluate the effects that establishing tax neutrality between debt and … equity finance has on systemic risk. We show that the degree of coordination in implementing the hypothetical tax reform … the event of a severe banking crisis. By contrast, uncoordinated tax reforms are not equally beneficial. This is because …
Persistent link: https://www.econbiz.de/10012054996