Showing 1 - 10 of 41
The Japanese Fiscal Investment and Loan Progam (FILP) will be fundamentally changed in April 2001. We are comparing the pre- and post-reform Japanese system with the German system of policy-based finance and we have found that the German system is quite different. In the case of the...
Persistent link: https://www.econbiz.de/10005841458
This paper develops a continuous-time model of liquidity provision by banks, in which customers can deposit and withdraw their funds strategically ...
Persistent link: https://www.econbiz.de/10005843240
Für einen, der ganz neu, aber nicht mehr ganz jung ist, ist es ein grosser Moment, inder Aula der Alma Mater seine Antrittsvorlesung präsentieren zu dürfen. Aus dieserSicht dürfte es verständlich sein, dass ich mit dem Titel „Die Zeit der Banken“ einvielleicht etwas ambitiöses Thema...
Persistent link: https://www.econbiz.de/10005857036
inconsistent regulation and a difficultbusiness environment characterise the overall situation of the Belarusian banking sector …. Inorder to improve the capability of the banking system to attract private savings a reform of thedeposit insurance system is …
Persistent link: https://www.econbiz.de/10005858572
We derive a general framework for collateral risk control determination for central bank's open market operations. This framework allows us to determine the schedule of haircuts consistent with the risk tolerated by the central bank while at the same time reducing the possibility of arbitrage...
Persistent link: https://www.econbiz.de/10005859381
This paper investigates the relationship between annual report disclosure, market liquidity, and capitalcost for firms registered on the Deutsche Börse. Disclosure is comprehensively measured using the innovativeArtificial Intelligence Measurement of Disclosure (AIMD). Results show that annual...
Persistent link: https://www.econbiz.de/10009005118
policy response. Using the BIS international banking statistics, we reconstruct the worldwide consolidated balance sheets of … the major national banking systems. This allows us to investigate the structure of banks' global operations across their … misleading guide to where the vulnerabilities faced by that country's national banking system (or residents) lie. It then focuses …
Persistent link: https://www.econbiz.de/10009138467
individual to a private life, to banking secrecy and the freedoms on which theEuropean internal market is based.The assessment … reveals the conflicts of interests and values involved in the holding by banks (particularlythose offering private banking …
Persistent link: https://www.econbiz.de/10009347579
This paper analyzes the effects of bank lending on German commercial property prices. The theory on therole of …financial intermediaries in business cycle activity states that lending activity is characterized byasymmetric information between borrowers and lenders. Unlike other...
Persistent link: https://www.econbiz.de/10009353979
crisis has led to significant state ownership of banking assets in developedcountries such as the United Kingdom. These …
Persistent link: https://www.econbiz.de/10009360487