Showing 1 - 10 of 58
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
In this study we investigate the determinants of financing obstacles using survey data on a sample of around 5000 firms from the euro area countries. This completely new survey – started at the end of 2009 - gives us the opportunity to test whether firm characteristics such as size, age,...
Persistent link: https://www.econbiz.de/10009640626
Persistent link: https://www.econbiz.de/10010478768
The paper analyzes how the removal of barriers to entry in banking affect loan competition, bank stability and economic welfare. We consider a model of spatial loan competition where a market that is served by less efficient banks is opened to entry by banks that are more efficient in screening...
Persistent link: https://www.econbiz.de/10009639463
proposed by Bacchetta and van Wincoop (2003) and allows us to disentangle the liquidity and information effects of order flow …
Persistent link: https://www.econbiz.de/10009639485
imperfect common knowledge about the shocks hitting the economy. Parametrizing firms' information imperfections by a (Shannon …) capacity parameter that constrains the amount of information flowing to each firm, we study how policy that minimizes a …
Persistent link: https://www.econbiz.de/10009639844
banks to have private information about the risk of their assets. We show how banks’ asset risk affects funding liquidity in …
Persistent link: https://www.econbiz.de/10009640453
Persistent link: https://www.econbiz.de/10009638265
Kosovo (EUOK) in improving the programming and implementation of information and communication (IC) Programmes funded by … 2015-2020 assistance, taking into consideration the lessons learned and the performance of past IPA information and … for the enlargement process. However, a strengthening of the strategic approach to information and communication would be …
Persistent link: https://www.econbiz.de/10011799481
The rapid evolution of information and communications technology (ICT) and associated digital communications over the … to enhance collaboration and information sharing; censorship circumvention technologies allow people to bypass attempts … to monitor and control information and communication flows. However, as well as unleashing tremendous new opportunities …
Persistent link: https://www.econbiz.de/10011902441