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In order to promote public policies aimed at enhancing financial inclusion, the Central Bank of Argentina makes …
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This article characterizes the properties of the compensation scheme of delegated portfolio management that would lead to the selection of high risk-high return portfolios. In particular, it provides conditions under which a non-monotone payment structure emerges as an optimal contract, which...
Persistent link: https://www.econbiz.de/10010289498
is also consistent with the taste-based hypothesis. It is estimated that 9.9 percent of expected bank profits are not …
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In order to promote public policies aimed at enhancing financial inclusion, the Central Bank of Argentina makes …
Persistent link: https://www.econbiz.de/10009270490
Persistent link: https://www.econbiz.de/10012844140
Spanish Abstract: Este trabajo analiza cómo se han desenvuelto la concentración bancaria y la reorganización financiera en España y Portugal en el periodo post-crisis. destaca la continuidad de tres tendencias preocupantes para la estabilidad financiera en ambos países: el aumento del...
Persistent link: https://www.econbiz.de/10012894242
The English version of this paper can be found at "http://ssrn.com/abstract=3247865" http://ssrn.com/abstract=3247865.Spanish Abstract: Este libro proporciona descripciones detalladas, que incluyen más de 550 fórmulas matemáticas, para más de 150 estrategias de trading para una gran cantidad...
Persistent link: https://www.econbiz.de/10012868626