plus a 3x6 months Forward Rate Agreement (FRA), and that Libor was a good proxy of the risk free rate required as basic … carry very important consequences in derivative’s trading and risk management, such as, for example, basis risk …

We review the main changes in the interbank market after the financial crisis started in August 2007. In particular, we …

Crisis has not only highlighted the importance of addressing issues such as liquidity risk – it has also brought to the fore … pro cyclical nature of risk, the inability of Basel 2 to address risk cycles were revealed during the Northern Rock Crisis …Paper presented at "Strategies For Solving Global Crises Conference: The Financial Crisis and Beyond" (October 2009 …

We present a quantitative study of the markets and models evolution across the credit crunch crisis. In particular, we …, based on multiple yield curves reflecting the different credit and liquidity risk of Libor rates with different tenors and …

bank regulatory/supervisory styles, illustrate the differences in regulation/supervision among crisis, non-crisis and BRICS … countries, and highlight the ways in which bank regulation and supervision has changed during the crisis period. The study … suggests that crisis-countries had weaker regulatory and supervisory frameworks compared to those in emerging countries during …

Desai, R. and A. Freeman. 2001. ‘Value and Crisis Theory in the “Great Recession”’. World Review of Political Economy. Vol 2 … crisis. Focusing on recent discussions of “financialisation”, in particular a recent paper by Costas Lapavitsas, this article … factors in the crisis. In value terms, financialisation is a withdrawal from the sphere of production into the sphere of …

period until the financial crisis? Did commercial banks respect capital requirements? The two questions are strictly … credit risk. The analysis highlight that US commercial banks actually respected capital requirements but these were not … dealers, mutual funds, etc.) that steadily increased until the crisis. Its effects over real economy could be investigated in …

Every bigger economic crisis, as the current one, leaves behind a huge material damage to the world economy, and to …, Bulgaria and Montenegro) during pre-global economic crisis was based mainly on foreign demand and capital inflows which created … external shocks. But, the crisis reshapes the world economic map. Competition on world markets gets new forms and players. The …