contagion risk in the accumulation process, and the outlook of regional arrangements of cooperation, such as regional reserve …

This paper builds a general test of contagion in financial markets based on bivariate correlation analysis – a test … that can be interpreted as an extension of the normal correlation theorem. Contagion is defined as a structural break in … contagion is successful in controlling for a potential bias induced by changes in the variance of global shocks, current tests …

historische Hinweise, dass dieVerbreitung von unternehmerischen Eigenschaften und Verhalten in Russland deutlich geringerist als …

Russia after price liberalisation in 1992. At the same time, the Russian official demographic statistics provides data that …

Public debate about energy relations between the EU and Russia is distorted. These distortions present considerable … demand. Diverse interests inside the EU prevent the definition of a coherent and respected energy policy. Russia, for its … role of mere energy exporter. In view of the intensifying struggle for global resources, Russia, with its large energy …

explained by theories on signaling. So, good borrowers choose short maturities to signal their good quality to the bank and to … made to micro, small and medium enterprises (MSMEs) by one Bulgarian bank between 2003 and 2007. Chapter 3 studies the …, long-term or mortgage loans. My results also indicate that this is driven by firms’ anticipation that the bank is reluctant …