Showing 1 - 10 of 650
The global financial crisis has focused much attention on procyclicality, particularly in the context of a macroprudential framework. This paper reviews a set of prudential measures that can be adopted by national authorities to deal with procyclicality and discusses issues in designing and...
Persistent link: https://www.econbiz.de/10012975729
; introducing a truly systemic liquidity regulation that moves away from a purely idiosyncratic focus on maturity mismatches; and …
Persistent link: https://www.econbiz.de/10012976223
This paper examines the factors that determine banking flows from advanced economies to emerging markets. In addition to the usual determinants of capital flows in terms of global push and local pull factors, it examines the role of bilateral factors, such as growth differentials and economic...
Persistent link: https://www.econbiz.de/10012975818
The authors use panel data on the number of new firm registrations in 95 countries to study the impact of the business environment and 2008 financial crisis on new firm registration. The data show that more dynamic formal business creation occurs in countries that provide entrepreneurs with a...
Persistent link: https://www.econbiz.de/10012976341
This paper discusses the key regulatory, market and political failures that led to the 2008-2009 United States financial crisis. While Congress was fixing the Savings and Loan crisis, it failed to give the regulator of Fannie Mae and Freddie Mac normal bank supervisory power. This was a...
Persistent link: https://www.econbiz.de/10012976517
Previous studies have established a negative relationship between total government spending and entrepreneurship activity. However, the relationship between the composition of government spending and entrepreneurial activity has been woefully under-researched. This paper fills this gap in the...
Persistent link: https://www.econbiz.de/10012972270
as a result affect world prices for the specific products concerned. Market failures and market structures (market power …
Persistent link: https://www.econbiz.de/10012975528
The literature on the relationship between economic diversification and development has grown rapidly in recent years, partly due to the surprising finding that diversification rises with gross domestic product per capita up to a certain point. Export diversification along the extensive margin...
Persistent link: https://www.econbiz.de/10012976443
With the success of the World Trade Organization and its predecessor, the General Agreement on Tariffs and Trade, in … literature on non-tariff measures in the world trading system. It provides a set of stylized facts based on available data on non … measures in the trade literature with a focus on the rules and institutions that govern non-tariff measures in the world …
Persistent link: https://www.econbiz.de/10012969264
The World Trade Organization has been until recently an effective framework for cooperation because it has continually … mechanism that has driven the World Trade Organization process to previous successes. The second is new restraints on …
Persistent link: https://www.econbiz.de/10012975577