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Four years after the introduction of the euro, this paper provides an overview of the current structure and integration of the euro area financial systems and related policy initiatives. We first compare the euro area financial structure with that of the United States and Japan. Using new and...
Persistent link: https://www.econbiz.de/10009635984
We model the impact of bank mergers on loan competition, banks' reserve holdings and aggregate liquidity. Banks compete … in liquidity risk and expected liquidity needs for each bank and for the banking system. Large mergers tend to increase … expected aggregate liquidity needs, and thus the liquidity provision by the central bank. Comparative statics suggest that a …
Persistent link: https://www.econbiz.de/10009635892
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This report presents the results of the evaluation of the European Communityu0092s support to private sector development (PSD) in third countries over the period 1994-2003. It aims to contribute to improving the coherence of the Commissionu0092s sectoral approach and also at enhancing coherence...
Persistent link: https://www.econbiz.de/10009638439
Regulation, with a focus on six countries (Argentina, Brazil, China, India, Mexico and the United States) where individual …
Persistent link: https://www.econbiz.de/10011799507
In 2007, 5.6 million persons were employed in EU27 financial services. 65% of these worked in banks, 20% in the insurance industry and 15% for intermediaries. The sector represented 2.7% of total employment in Europe. Between 2000 and 2006, data from the Labour Force Survey shows a shift of...
Persistent link: https://www.econbiz.de/10011998838
This report focuses on how Dexia Bank Belgium has responded to the considerable challenges resulting from the financial …
Persistent link: https://www.econbiz.de/10011998840
-owned mono-bank into a privatised bank-based financial system with developing capital and private equity markets. This country …
Persistent link: https://www.econbiz.de/10009641248
Persistent link: https://www.econbiz.de/10011287828
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