Showing 1 - 10 of 6,466
apparition of disruptive economic phenomena such as an economic or financial crisis, these notions have to be approached in a … the context of the financial crisis: layoffs and the decrease of the wage level. The analysis is effectuated on 2007 … an improperly management of the financial crisis draws an economic crisis, and the phenomenon is done in a closed circle …
Persistent link: https://www.econbiz.de/10010632147
remedies are proposed for such a problem, in the actual situation of economic crisis, depending on such unbalance. Among them …
Persistent link: https://www.econbiz.de/10011114853
Persistent link: https://www.econbiz.de/10005076769
This paper studies the efficiency of financial intermediation through securitization in a model with heterogeneous investment projects and asymmetric information about the quality of securitized assets. I show that when retaining part of the risk, the issuer of securitized assets may credibly...
Persistent link: https://www.econbiz.de/10011170163
Following theory, we check that funding risk connects illiquidity, volatility and returns in the cross-section of stocks. We show that the illiquidity and volatility of stocks increase with funding shocks, while contemporaneous returns decrease with funding shocks. The dispersions of...
Persistent link: https://www.econbiz.de/10011206206
We don't have an abstract yet, sorry. But I think the title is pretty descriptive.
Persistent link: https://www.econbiz.de/10005407873
The current crisis has proven the importance of the national banking system. Sovereign funds will play an important … needed in order to fix the problems and the gaps brought by the crisis will require the massive involvement of the excess …
Persistent link: https://www.econbiz.de/10010965592
vulnerabilities are significantly greater under less flexible intermediate regimes—including hard pegs—as compared to floats … of more crisis prone regimes suggests no simple dividing line between safe floats and risky intermediate regimes. …
Persistent link: https://www.econbiz.de/10011123856
This paper will review the development process of China\\\'s government bond market, analyze the current situation and problems as well as the status of economic reform in China and for And make policy recommendations on the development of the government bond market in China from a strategic...
Persistent link: https://www.econbiz.de/10010850136
From the perspective of the subprime mortgage crisis and the European debt crisis expounded the importance of a … developed government bond market to cushion the financial crisis, And comparative analysis of the United States, the United …
Persistent link: https://www.econbiz.de/10010850139