Showing 1 - 10 of 317
Using different credit measures, this study identifies the credit booms in Turkey that have occurred after December …
Persistent link: https://www.econbiz.de/10011260798
of 19 OECD countries in Turkey between 1982 and 2007. Employing a knowledge-capital model, this study finds that joint … national incomes, per capita difference, investment liberalisation and the cost of exporting to Turkey have significant effects … on FDI in Turkey. In addition, the prospect of European Union membership, government stability, infrastructure, bilateral …
Persistent link: https://www.econbiz.de/10009647424
Iceland experienced a significant financial meltdown and subsequent economic downturn after the 2008/2009 financial … onwards. Since 1980s, Iceland's macroeconomic stability had been constantly deteriorated by the most volatile annual CPI and … also provides a short-term analysis of Iceland's macroeconomic outlook. The main findings of the article conclude that the …
Persistent link: https://www.econbiz.de/10008919755
social strata. This paper analyzes the determinants of credit using an extensive bank level panel dataset. As relevant …
Persistent link: https://www.econbiz.de/10011210481
Any discussion on improving the existing arrangements for assessing and managing financial risks and in particular supervising the relevant institutions will also need to address the question on which institution should be responsible for which task and for which sector of the financial system,...
Persistent link: https://www.econbiz.de/10011211860
Assessing and monitoring systemic risk is a challenge for policy makers and supervisors in all countries. It is particularly challenging in low-income countries (LICs), owing to a number of characteristics shared to a greater or lesser extent by most of them. This paper discusses these common...
Persistent link: https://www.econbiz.de/10011274386
LIBOR and rate rigging scandals. Financial regulators or indeed bank regulators cannot perform such a function effectively … without the involvement of auditors in the supervisory process. A challenging task awaits the incoming Bank of England … Governor, Mark Carney – particularly given the reduced involvement of auditors in the bank supervisory process since the time …
Persistent link: https://www.econbiz.de/10011259086
In Hungary in the pre-crisis period the bank sector initiated private credit boom significantly contributed to the …
Persistent link: https://www.econbiz.de/10011259446
In this paper I propose a medium scale Dynamic Stochastic General Equilibrium model for emphasizing the effects of the new Basel III Agreement for Romania’s financial stability. This model has similar structures as those developed by Walque et al. (2010) and Roger and Vlček (2011) but,...
Persistent link: https://www.econbiz.de/10011259541
To what extent can monetary and financial crises and cycles be explained through economic theories? This paper is aimed at highlighting why a reliance on economic theories may be necessary given certain flaws which have been revealed from the recent Financial Crisis. Namely, that economic and...
Persistent link: https://www.econbiz.de/10011259862