Narrow search
Showing 1 - 10 of 362
Cover Image
Application of penalized splines method in the credit market
Yao, Zhilin - 2008
"Mortgage-related hit worse than expected" has been a frequently cited phrase in recent months, and is usually followed by a list of victims consisting of banks and hedge funds. Although the current mortgage mess was caused by the subprime mortgage or bad credit mortgage, the broad impact of...
Persistent link: https://www.econbiz.de/10009452579
Cover Image
Financial Markets, Financial Intermediation, and Bailout Policy
Vinogradov, Dmitri V. - 2006
The 1980s and 1990s have been marked with a series of financial and banking crises all over the world. This turned the attention of economists to such questions as how a financial system should be structured in order to reduce the vulnerability of an economy to the risk of a crisis, or what...
Persistent link: https://www.econbiz.de/10009476251
Cover Image
Credit cycles : evidence based on a non-linear model for developed countries
Anguren Martín, Rebeca - 2011
En este estudio se propone un análisis econométrico de la evolución del crédito bancario al sector privado con el objetivo de describir los ciclos de crédito e identificar, por ejemplo, las fases de crecimiento anormalmente bajo, como las que suelen asociarse con episodios de crisis...
Persistent link: https://www.econbiz.de/10012530337
Cover Image
Three essays on the economics of preferential trade agreements: free trade areas, rules of origin and customs unions
Xiao, Renfeng - 2010
various issues on preferential trade agreements. The first essay examines welfare implications of forming preferential trade … an FTA with effective ROO can be welfare-improving to both members. Second, the formation of a PTA is more likely to … analyze differences in welfare implications between an FTA with ROO and a customs union (CU). It is shown that the maximum …
Persistent link: https://www.econbiz.de/10009464004
Cover Image
ESSAYS ON HOUSING INVESTMENTS IN EMERGING MARKETS
Qi, Zhikun - 2009
New residential construction is significantly more procyclical in emerging markets than in developed countries, although the correlation between aggregate investment and output is similar across emerging and developed countries. This paper shows that a multi-sector stochastic growth model with a...
Persistent link: https://www.econbiz.de/10009450704
Cover Image
Two Essays in Macroeconomics
Wu, Dong - 2010
Castro and Coen-Pirani (2008) document that aggregate skilled hours and employment both became more volatile after the mid-1980s, in contrast to the simultaneous volatility decline of most aggregates, including overall hours and employment and unskilled hours and employment. In chapter 1, I...
Persistent link: https://www.econbiz.de/10009450956
Cover Image
Job Competition over the Business Cycle
Chasamboulli, Andri N. - 2005
My thesis explores the following question: how workers of different skill are allocated across jobs and unemployment over the business cycle. I am interestedin understanding the "over-qualification" of workers that occurs during periods of high unemployment, as increased congestion in the labor...
Persistent link: https://www.econbiz.de/10009450968
Cover Image
Essays on rotating savings and credit associations
Klonner, Stefan - 2001
Recent theoretical research on rotating savings and credit associations (Roscas) suggests that identical individuals prefer a random to a bidding Rosca when participants save for a lumpy durable or an investment good. Here, in contrast, under the assumption that Rosca funds are used for...
Persistent link: https://www.econbiz.de/10009476244
Cover Image
The global regulatory reform: initiatives around shadow banking
Roldán Alegre, José María
Evento: Jornada The RiskMinds Risk and Regulatory Reform, en la KBW European Financials Conference
Persistent link: https://www.econbiz.de/10013267609