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On 29th - 30th March 2007, SUERF and the Central Bank of Cyprus jointly organized a Seminar: Corporate Governance in … paper based on a keynote address, Spyros G. Stavrinakis, Central Bank of Cyprus gives an overview of the legal framework for … corporate governance in financial institutions in Cyprus. According to a Central BankDirective issued in 2006, implementation of …
Persistent link: https://www.econbiz.de/10011689930
This article presents an integrated electricity dispatch and load flow model with endogenous electricity generation capacity expansion. The target is to quantify generation capacity requirements for 2030 and where within Central Europe it shall be ideally placed when taking into account the...
Persistent link: https://www.econbiz.de/10010289803
Since the 1990s, efficiency and benchmarking analysis has increasingly been used in network utilities research and regulation. A recurrent concern is the effect of environmental factors that are beyond the influence of firms (observable heterogeneity) and factors that are not identifiable...
Persistent link: https://www.econbiz.de/10010293362
Persistent link: https://www.econbiz.de/10012320721
We review the recent empirical research concerning market power on the Nordic wholesale market for electricity, Nord Pool. There is no evidence of blatant and systematic exploitation of system level market power on Nord Pool. However, generation companies seem from time to time able to take...
Persistent link: https://www.econbiz.de/10010320387
use of credit, at the individual and household level using representative pooled cross-section data drawn from the UK … Expenditure and Food Surveys (EFS), 2001 to 2007. Gambling and the use of credit are shown to be positively correlated at the … between gambling and the use of credit is remarkably stable across household income. In addition to our household level …
Persistent link: https://www.econbiz.de/10010271301
? liquidity constraints. We also demonstrate that increasing the rate of inflation can be welfare improving when credit rationing …
Persistent link: https://www.econbiz.de/10010277060
The recent financial crisis has put the spotlight on the rapid rise in credit which preceded it. In this paper, we … provide an empirical and theoretical analysis of the credit boom and the macroeconomic context in which it developed. We find … economies in which it took place. We show that this type of credit and financial cycle is hard to reconcile with existing …
Persistent link: https://www.econbiz.de/10010277874
We examine experimentally the effect of complexity on individual decision making. We focus on credit choices, as they …
Persistent link: https://www.econbiz.de/10010427626
This paper investigates whether output and inflation respond asymmetrically to credit shocks in the euro area. The … effects related to credit conditions in the economy. Consistent with this finding, the impulse responses show some signs of …
Persistent link: https://www.econbiz.de/10011604527