Showing 1 - 10 of 863
It is likely that such a crisis could not be born somewhere else only in the United States. The "current financial disaster" is the fruit of the combination of specific factors in the US, where elements were gathered to catalyse such a crisis, like, someway, some "primal soup" where were...
Persistent link: https://www.econbiz.de/10008543034
Abstract Englisch Apparently the European economic model being subjected to a double competition problem. On the one hand, there are enormous differences in the level of competitiveness of the various member countries of the euro area and the EU among themselves. In the long term this Problem...
Persistent link: https://www.econbiz.de/10011212950
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
The most pernicious effect of the global financial crisis is that it triggers a sequence of unpleasant consequences for the banking sector and for the entire economy as a whole. The recent financial crisis has compelled regulators to focus on the necessity of resilience of banks towards risks...
Persistent link: https://www.econbiz.de/10011259139
Since 2008, several OECD member countries had experienced a debt crisis, or at least were close to it. Three countries, Greece and Ireland in 2010, and Portugal in 2011, needed to receive help from the IMF through rescue packages. The debt ratio is expected to be above 60% of the GDP based on...
Persistent link: https://www.econbiz.de/10011260685
In the light of the recent financial market turmoil, this paper focuses on liquidity risk management from the point of … to explain the rationale and the limits of the different approaches. Taking into account liquidity risk management models … considered in order to implement effective liquidity risk management. Areas of convergence/divergence at international level are …
Persistent link: https://www.econbiz.de/10011261021
This paper develops a dynamic stochastic general equilibrium model to examine the impact of macroprudential regulation on bank’s financial decisions and the implications for the real sector. I explicitly incorporate costs and benefits of capital requirements. I model an occasionally binding...
Persistent link: https://www.econbiz.de/10011261064
Networks modeling bilaterally-cleared and centrally-cleared derivatives markets are shown to yield economically different price impact, volatility and contagion after an initial bankruptcy. A large bankruptcy in bilateral markets may leave a counterparty unable to expectationally prevent...
Persistent link: https://www.econbiz.de/10009650681
in pension assets as an indicator for the development of liquidity bubbles, equity market dividend yields as a proxy for … funding stability indicator and liquidity indicator on a micro-level. Simultaneously, a dynamic research design improves on …
Persistent link: https://www.econbiz.de/10009652043
The present paper reviews the causes that led to the financial crisis. Unlike other interpretations, this paper does not place main significance on a single source or on a set of causes. I consider all major standpoints highlighted by research and media prior, during and after the financial...
Persistent link: https://www.econbiz.de/10009294924