I was invited here to explain about Dollarization, the benefits and costs for the US and thecountries that adopt it. Before I start my formal presentation, I would like to state, in nouncertain terms, that I am a firm supporter of such system for many Emerging Market economies,EM, especially if...

Los bancos españoles tuvieron que realizar provisiones estadísticas contracíclicas en el período 2000-2004. Los bancos tenían que comunicar los importes de dichas provisiones al mercado. Esto crea un experimento natural que permite testar si los bancos suavizan el resultado para despistar a...

Es wurde gezeigt, daß das Problem der Banken, eine anlagestrategische Empfehlungzu geben, ein mehrdimensionales Problem ist. Die Banken verstehen unter demOberbegriff 'anlagestrategische Empfehlung' nicht nur die konkret empfohleneAnlagestrategie, sondern auch die Darstellung der...

Ziel dieser Arbeit war es, Asset Backed Securities anhand der Untersuchung von deren Konstruktionsmerkmalen und derDiskussion über deren potentielle Vor- und Nachteile gegenüber traditionellen Finanzierungsalternativen zu charakterisieren undzu analysieren. Insbesondere sollte ein möglicher...

Elektronisches Geld stellt eine neue und umstrittene Innovationsstufe des modernen Zahlungsverkehrs dar. Über sein Wesen, sein Entwicklungspotenzial und insbesondere seine Bedeutung für die etablierte Geldordnung kursieren kontroverse Auffassungen. Monika E. Hartmann analysiert in ihrer...

The Petroleum Marketing Monthly (PMM) provides information and statistical data on a variety of crude oils and refined petroleum products. The publication presents statistics on crude oil costs and refined petroleum products sales for use by industry, government, private sector analysts,...

The use of business services has had an increasingly important effect on economic performance in many industries, with the ability of firms in a given location to respond to changes in external markets, production techniques and material supplies often determined by the local provision of...

It is becoming increasingly clear, at least on a theoretical level, that modelers of the potential impacts of climate change must impose that change upon the world as it will be configured sometime in the future rather than confine their attention to considerations of what would happen to the...

Because the Mexican government has encouraged investment in Mexico by increasing the percentage of ownership of a Mexican business that a US company can hold, joint ventures are more attractive now than they had been in the past. This study provides preliminary information for US renewable...

Demand-side management or DSM refers to active efforts by electric and gas utilities to modify customers` energy use patterns. The experience in the US shows that utilities, when provided with appropriate incentives, can provide a powerful stimulus to energy efficiency in the private sector....