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What drives the network’s growth?
Alexandrova-Kabadjova, Biliana; Negrín, José Luis - 2009
This paper investigates the impact on the network growth of the level of merchant discount, the level of Multilateral Interchange Fee (MIF), and the consumers' and the merchants' awareness of positive network effects. In an artificial market, in which issuers and acquirers belong to the same...
Persistent link: https://www.econbiz.de/10009640427
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Debt bias in corporate taxation and the costs of banking crises in the EU
Langedijk, Sven - 2014
Persistent link: https://www.econbiz.de/10010478771
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Leitlinien zu einigen Aspekten der MiFID-Anforderungen an die Compliance-Funktion
European Securities and Markets Authority - 2012
Persistent link: https://www.econbiz.de/10010335223
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Evaluation of Visibility of EU external action : Final Report ; Volume 1
PARTICIP GmbH Consultants für Entwicklung und Umwelt, … - 2012
The mandate for this study was to undertake an evaluation of EU external action as managed by three DGs: DG RELEX, DG DEV and DG AIDCO. The Terms of Reference identified two main objectives (ToR, Feb 2010, Section 1 – reproduced in Annex 1): · To provide an overall independent assessment of...
Persistent link: https://www.econbiz.de/10011799380
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Consultation Paper : Clearing Obligation under EMIR (no. 1)
European Securities and Markets Authority - 2014
With the overarching objective of reducing systemic risk, EMIR introduces the obligation to clear certain classes of …
Persistent link: https://www.econbiz.de/10010392275
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Consultation Paper : Clearing Obligation under EMIR (no. 2)
European Securities and Markets Authority - 2014
With the overarching objective of reducing systemic risk, EMIR introduces the obligation to clear certain classes of …
Persistent link: https://www.econbiz.de/10010392276
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Consultation Paper : Clearing Obligation under EMIR (no. 4)
European Securities and Markets Authority - 2015
Persistent link: https://www.econbiz.de/10011287830
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Why has broad money demand been more stable in the euro area than in other economies?
Calza, Alessandro; Sousa, João - 2003
Based on a literature review, this paper investigates the reasons why broad money demand has usually been found to be more stable in the euro area than in other large economies. The paper concludes that there are three main explanations for this fact. First, in some countries outside the euro...
Persistent link: https://www.econbiz.de/10009635916
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Cooperation in international banking supervision
Holthausen, Cornelia; Rønde, Thomas - 2004
This paper analyzes cooperation between sovereign national authorities in the supervision and regulation of a multinational bank. We take a political economy approach to regulation and assume that supervisors maximize the welfare of their own country. The communication between the supervisors is...
Persistent link: https://www.econbiz.de/10009636539
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Growth expectations, capital flows and international risk sharing
Castrén, Olli; Miller, Marcus; Stiegert, Roger - 2003
international equity transactions that accentuate the role of international risk sharing as a factor for the macroeconomic response … shock affecting only one country. Efficient global risk-sharing imply that expected productivity gains in one country will … for the productivity gains can further increase the risk exposure of foreign shareholders. The model is calibrated to show …
Persistent link: https://www.econbiz.de/10009635970