In the aftermath of the global financial collapse that began in 2007, governments around the world have responded with … current bank activities as somehow appropriate and trying to eliminate only the worst excesses of the 2000s. Hyman Minsky … system is to promote the capital development of the economy. By this he did not simply mean that banks should finance …

downplays the extent to which the Bank of England, though founded as an institution to manage the public debt, provided the …

techniques for panel unit root testing and heterogeneous panel cointegration analysis are employed. The empirical results provide … China using the quarterly province-level panel data for the period 1999 q1 to 2007 q4. Recently developed econometric …. The variations across regions are detected and reasons for this fact are discussed. Based on the panel ECM, we show that …

financial to non-financial profits is shown to depend positively on the net interest margin and the non-interest income of banks …, while it depends negatively on the general rate of profit, the non-interest expenses of banks, and the ratio of the capital …

framework for big banks. The future path of financialisation in the USA will depend heavily on government policy with regard to …

We build a two-country model with imperfect financial intermediation. Banks face limits to arbitrage which lead to … affect the exchange rate since banks are balance sheet constrained and can only absorb additional flows on the international … interventions and credit easing influence asset prices in financial markets where banks are credit constrained. Within this …

Reserve System and the European System of Central Banks in response to the US subprime crisis and the European financial and … banking system, whereas the European Central Bank had a stronger focus on the stabilization of the debt affordability of euro …