Showing 1 - 10 of 332
Persistent link: https://www.econbiz.de/10010500919
The study examines the effect of financial crises on international trade with a gravity approach and a large data set covering almost 70 importing and 200 exporting countries from 1950 to 2009. Thus it is possible to put the "Great Trade Collapse" witnessed during the financial crisis 2008/2009,...
Persistent link: https://www.econbiz.de/10011521734
Persistent link: https://www.econbiz.de/10003768806
Persistent link: https://www.econbiz.de/10001093828
We examine risk taking when the bank's preferences exhibit smooth ambiguity aversion. Ambiguity is modeled by a second …-order probability distribution that captures the bank's uncertainty about which of the subjective beliefs govern the financial asset … the case of greater ambiguity aversion. Given that the competitive bank's smooth ambiguity preferences exhibit non …
Persistent link: https://www.econbiz.de/10011541280
Persistent link: https://www.econbiz.de/10001650430
Persistent link: https://www.econbiz.de/10001755540
Persistent link: https://www.econbiz.de/10001729126
Persistent link: https://www.econbiz.de/10001681378
Persistent link: https://www.econbiz.de/10001740775