In recent years a substantial amount of literature in one way or another deals with liquidity. The interest in it grows … measures of liquidity and publish them in the regular reports. But as in literature, there is still no consensus as what … liquidity really means and how it should be measured, or reported, understood or predicted, as the consistent summary of what …

The 1980s and 1990s have been marked with a series of financial and banking crises all over the world. This turned the … to macroeconomic shocks, since it transfers and magnifies the impact of the shock into future periods through borrowing … the property of intertemporal shock smoothing, whereas financial markets concentrate the burden of the shock in one period …

shock. At the same time, Azerbaijan’s economy is weakly diversified and highly oil dependent making it vulnerable to the … verbessern.Kapitel 5 beschäftigt sich schließlich mit dem Einfluss der jüngsten Finanzkrise auf die Kreditverfügbarkeit für KKMU … ermöglicht, einen exogenen Schock auf die Angebotsseite zu untersuchen. Gleichzeitig ist die aserbaidschanische Wirtschaft wenig …

Situation auf dem formellen Beteiligungsmarkt in Deutschland nach dem Ausbruch der Finanzkrise. Neben den allgemeinen …

sudden stops to occur at date two and asks whether individuals in such a shock-prone world are still better off borrowing …

in a world with heterogeneous financial development, the classic conclusion does not hold. In particular, in less …