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National practices of information and consultation in Europe
Donaghey, Jimmy; Carley, Mark; Purcell, John; Hall, Mark - 2013
The aims of this project are to explore recent experiences in the practice of information and consultation (I&C) at … Information and consultation practice across Europe five years after the EU Directive (Directive 2002/14/EC). The research … whether national practices ensure the adequate, effective and timely information and consultation of employees in the …
Persistent link: https://www.econbiz.de/10011863947
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Deposit insurance, moral hazard and market monitoring
Gropp, Reint; Vesala, Jukka - 2004
The paper analyses the relationship between deposit insurance, debt-holder monitoring, and risk taking. In a stylised banking model we show that deposit insurance may reduce moral hazard, if deposit insurance credibly leaves out non-deposit creditors. Testing the model using EU bank level data...
Persistent link: https://www.econbiz.de/10009636525
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Indeterminacy of rational expectations equilibria in sequential financial markets
Donati, Paola - 2003
for pure exchange, sequential economies, with deffinitely many states of private information, an incomplete financial …. Then, we show how a central bank, by deciding on the money supply, may affect the revelation of information at equilibrium. …
Persistent link: https://www.econbiz.de/10009635915