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Modern banking institutions were virtually non-existent in the planned economies of central Europe and the former …
Persistent link: https://www.econbiz.de/10010818567
Modern banking institutions were virtually non-existent in the planned economies of cen-tral Europe and the former …
Persistent link: https://www.econbiz.de/10012148556
Modern banking institutions were virtually non-existent in the planned economies of cen-tral Europe and the former …
Persistent link: https://www.econbiz.de/10012148725
Modern banking institutions were virtually non-existent in the planned economies of central Europe and the former …
Persistent link: https://www.econbiz.de/10005648628
Modern banking institutions were virtually non-existent in the planned economies of central Europe and the former …
Persistent link: https://www.econbiz.de/10010698930
Arguably, eliminating suspensions of payments--periods when banks jointly refuse to convert their liabilities into outside money or other assets--was an important impetus for creating the Federal Reserve. Friedman and Schwartz suggest that a suspension in 1930 would have decreased the severity...
Persistent link: https://www.econbiz.de/10005402041
Over the last decade, the legal and institutional frameworks governing central banks and financial market regulatory … of central banks in achieving their objectives and ultimately yielding better economic outcomes. Although much has been … written pointing out the potential role institutional form can play in central bank performance, little empirical work has …
Persistent link: https://www.econbiz.de/10005389603
Arguably, eliminating suspensions of payments--periods when banks jointly refuse to convert their liabilities into outside money or other assets--was an important impetus for creating the Federal Reserve. Friedman and Schwartz suggest that a suspension in 1930 would have decreased the severity...
Persistent link: https://www.econbiz.de/10010397581
The European banking industry joined forces to achieve a fully integrated market for retail payment services in the euro area: the Single Euro Payments Area (SEPA). Against this background, the present paper examines the fundamental relationship between retail payment business and overall bank...
Persistent link: https://www.econbiz.de/10009640444
Recently, banking literature has had a quest for appropriate pricing of bank loans under the new Basel II rules and has been in pursuit of possible outcomes for undertaking such credit risk. In this paper, we propose a simplified formula to price bank’s corporate loans, aiming at making bank...
Persistent link: https://www.econbiz.de/10005419677