Narrow search
Showing 1 - 10 of 555
Cover Image
The Determinants of Corporate Growth
Rosique, Francisco - Volkswirtschaftliche Fakultät, … - 2010
Corporate Growth is a concept that has been widely treated in a specific way or as part of strategy theories, in definition and in econometric models and has also been studied in many different aspects and approaches. The author describes in depth the main variables affecting corporate growth...
Persistent link: https://www.econbiz.de/10008490086
Cover Image
Do The Central Banks Always Do The Right Thing For Their Economies? An Appraisal Of The Monetary Policy Strategy Of The ECB
Covi, Giovanni - Volkswirtschaftliche Fakultät, … - 2013
The general aim of the paper is to address the doubts that too often the Central Banks’ tools and operations don’t fit for a fine tuning of the economies, and this is even more true in harsh times. The paper begins with an overview on the great failures respectively of the Federal Reserve,...
Persistent link: https://www.econbiz.de/10011259088
Cover Image
High Noon at the EU corral. An economic plan for Europe, September 2011
Colignatus, Thomas - Volkswirtschaftliche Fakultät, … - 2011
default. It also put the European banks into a zombie condition, while under Basel III the capital requirement rises from 8 … European Central Bank as lender of last resort helps to prevent a crisis of confidence. The ECB can create capital and … neutralise this by higher reserve requirements. Two reasonable measures are: (1) EUR 400 billion of European Recovery Capital …
Persistent link: https://www.econbiz.de/10009294940
Cover Image
Conditions for turning the ex ante risk premium into an ex post redemption for EU government debt
Colignatus, Thomas - Volkswirtschaftliche Fakultät, … - 2011
Basel III classifies government debt as risk free while actual interest rates in the European Union (EU) show large differences not only because of liquidity but mainly because of the risk of default, as also reflected in credit default swaps. Curiously such debt defaults may not happen so that...
Persistent link: https://www.econbiz.de/10009372590
Cover Image
ECB Policy Response to the Euro/US Dollar Exchange Rate
Demir, Ishak - Volkswirtschaftliche Fakultät, … - 2012
The exchange rate is an important part of transmission mechanism in the determination of monetary policy because movements in the exchange rate have significant effect on the macroeconomy. Measuring the reaction of monetary policy to the movements in exchange rate has some difficulties due to...
Persistent link: https://www.econbiz.de/10009493276
Cover Image
Successfully implementing major financial stability regulatory reforms: the risk weighting based controversy (Basel v Dodd Frank) and the role of national supervisors
Ojo, Marianne - Volkswirtschaftliche Fakultät, … - 2011
As well as a consideration of the role contributed by national supervisors in the successful implementation and enforcement of standards, recommendations and regulations, the significance of clear and unambiguous mandates in enhancing communication between micro prudential supervisors (usually...
Persistent link: https://www.econbiz.de/10009147711
Cover Image
Does the ECB Care about Shifts in Investors’ Risk Appetite?
Papadamou, Stephanos; Siriopoulos, Costas - Volkswirtschaftliche Fakultät, … - 2008
A key problem facing monetary policy makers is determining whether serious financial instability is present. Periods of financial instability are linked with low investors’ risk appetite (or in other words high risk aversion). Two different measures of investors’ risk aversion are used: (a)...
Persistent link: https://www.econbiz.de/10008680305
Cover Image
Dissecting the brains of central bankers: the case of the ECB's Governing Council members on reforms
Bennani, Hamza - Volkswirtschaftliche Fakultät, … - 2015
Since 2009, European central bankers have supported some reforms, in order to draw roadmaps to get out of the euro debt crisis. This paper tests whether the educational and professional background of European central bankers matter for the type of reforms each of them advocated. Through a...
Persistent link: https://www.econbiz.de/10011185696
Cover Image
Money as gold versus money as water
Colignatus, Thomas - Volkswirtschaftliche Fakultät, … - 2013
capital, and be directly neutralised by the capital requirement of 10.5%. Another 400 billion can be used to clean up the debt …
Persistent link: https://www.econbiz.de/10011107257
Cover Image
Cause and cure of the crisis
Colignatus, Thomas - Volkswirtschaftliche Fakultät, … - 2014
The welfare state was created after 1950 with counterproductive mechanisms and this caused high inflation and high unemployment and stagnating growth by 1970, called stagflation. Since 1970 governments redressed the welfare state but did not succeed in finding workable mechanisms. They rather...
Persistent link: https://www.econbiz.de/10011108214