A financial transaction tax (FTT) compares to a value-added tax on financial transactions and financial services. This … differs from the financial activity tax (FAT) that is raised on profits of financial companies or on profit …, the assessment base and the tax rate. The European Union hasn't been able to design an EU-wide FTT; not even the complete …

of corruption in the society all farms of corruptions has to be internalized by introducing a permit and tax for …

curtailed credit supply, particularly at less-well capitalized banks. Second, such negative impact was larger for countries … significantly smaller for foreign-owned banks, suggesting that opening up to foreign investors may be an effective way to partly … shield the domestic banking sector from negative shocks. Overall, CAR enforcement — by inducing banks to reduce their lending …

We explore the effects of ownership concentration on the risk-taking behavior of banks. Our analysis focuses on East … concentrated ownership improves banks' liquidity. Further, the recent financial crisis does not appear to change the fundamental …

Hypothesis, under which stress-tested banks reduce credit supply – particularly to relatively risky borrowers – to decrease their … credit risk. The findings do not support the Moral Hazard Hypothesis, in which these banks expand credit supply … banks, banks that passed the stress tests, and the earlier stress tests …

banks (CSBs) had on the quality of their borrowers' financial statements. Using a difference-in-difference research design …-on-assets (ROA) after a bank's IPO. We also find that pursuant to the IPOs by their lending banks, various measures of borrowers' FRQ …

larger banks),but also boosted bank risk in the long term. Results remain robust to considerations of (1) bank …

in domestic credit and M2. A new finding is that similar variables for other systemic countries – the UK and the Euro … Area – are also important, sometimes even more so, consistent with the dominant role of European banks in cross … also the cyclical impact of global liquidity, with sensitivities of flows to banks decreasing with stronger macroeconomic …

liquidity is driven primarily by uncertainty (VIX), US monetary policy (term premia), and UK and Euro Area bank conditions … is consistent with the dominant role of European banks in cross-border lending. We also show that borrowing countries can …