Narrow search
Showing 1 - 10 of 1,606
Cover Image
A coopetitive approach to financial markets stabilization and risk management
Carfì, David; Musolino, Francesco - Volkswirtschaftliche Fakultät, … - 2012
The aim of this paper is to propose a methodology to stabilize the financial markets by adopting Game Theory, in …
Persistent link: https://www.econbiz.de/10009652924
Cover Image
Market Based, Segregated Exchanges with Default Risk
Kilenthong, Weerachart; Townsend, Robert - Volkswirtschaftliche Fakultät, … - 2007
This paper studies a competitive general equilibrium model with default and endogenous collateral constraints. Even … collateral constraints interact. We show that if agents are allowed to contract ex ante on market fundamentals determining the … with bundled securities and commodities and with endogenous collateral constraints are equivalent with Pareto optima …
Persistent link: https://www.econbiz.de/10008552792
Cover Image
Juridical and financial considerations on the public re capitalisation and rescue of financial institutions during periods of financial crises (Part I)
Ojo, Marianne; Rodríguez-Miguez, Jose - Volkswirtschaftliche Fakultät, … - 2010
As well as a consideration of why the lender of last resort facility should be used for emergency situations and systemically relevant institutions in particular, an interesting point which will be considered in this paper is the comparison between the European Central Bank (ECB) Recommendation...
Persistent link: https://www.econbiz.de/10008490084
Cover Image
The world's dream: economic growth : the balance sheet approach
De Koning, Kees - Volkswirtschaftliche Fakultät, … - 2012
Economists may need to change their tools of analysis from analysing income and expenditure contributors (GDP) to asset value contributors -the net worth levels of individual households-. Assessment of the latter requires a balance sheet analysis. Why; because the level of individual...
Persistent link: https://www.econbiz.de/10011257702
Cover Image
Using sentiment surveys to predict GDP growth and stock returns
Guzman, Giselle C. - Volkswirtschaftliche Fakultät, … - 2008
This study sheds new light on the question of whether or not sentiment surveys, and the expectations derived from them, are relevant to forecasting economic growth and stock returns, and whether they contain information that is orthogonal to macroeconomic and financial data. I examine 16...
Persistent link: https://www.econbiz.de/10009647399
Cover Image
Using sentiment to predict GDP growth and stock returns
Guzman, Giselle C. - Volkswirtschaftliche Fakultät, … - 2008
This study sheds new light on the question of whether or not sentiment surveys, and the expectations derived from them, are relevant to forecasting economic growth and stock returns, and whether they contain information that is orthogonal to macroeconomic and financial data. I examine 16...
Persistent link: https://www.econbiz.de/10009647230
Cover Image
The Economics of Financial Derivative Instruments
NWAOBI, GODWIN C - Volkswirtschaftliche Fakultät, … - 2008
which the risk management and hedging needs of investors may be effectively met through the derivative instruments. However …
Persistent link: https://www.econbiz.de/10005621718
Cover Image
Measures aimed at enhancing the loss absorbency of regulatory capital at the point of non viability
Ojo, Marianne - Volkswirtschaftliche Fakultät, … - 2010
The Basel Committee’s recent consultative document on the “Proposal to Ensure the Loss Absorbency of Regulatory Capital at the Point of Non Viability” sets out a proposal aimed at “enhancing the entry criteria of regulatory capital to ensure that all regulatory capital instruments issued...
Persistent link: https://www.econbiz.de/10008534207
Cover Image
Measures aimed at mitigating pro cyclical effects of the Capital Requirements Framework: counter cyclical capital buffer proposals
Ojo, Marianne - Volkswirtschaftliche Fakultät, … - 2010
As well as highlighting the importance of introducing counter cyclical capital buffers, this paper draws attention to the need for greater focus on “more forward looking provisions”, as well as provisions which are aimed at addressing losses and unforeseen problems attributed to “maturity...
Persistent link: https://www.econbiz.de/10008615024
Cover Image
Analyzing Systemic Risk with Financial Networks An Application During a Financial Crash
Saltoglu, Burak; Yenilmez, Taylan - Volkswirtschaftliche Fakultät, … - 2010
stable and crisis periods in a large and liquid overnight repo market in an emerging market economy. We have analyzed the …
Persistent link: https://www.econbiz.de/10008694011