1. How much internalization of nuclear risk through liability insurance?; 2. Spatial effects in willingness-to-pay: the case of nuclear risks; 3. Switching costs, firm size, and market structure; 4. Can conglomerates ease credit constraints?

Die Untersuchung geht den räumlichen Unterschieden im Aufkommen von Kreditausfallrisiken der Privathaushalte in deutschen Ballungsräumen nach. Zahlungsschwierigkeiten sind eine gravierende Auswirkung persönlicher Fehlentscheidungen und können auf mangelnde finanzielle Grundkompe-tenzen...

Banks typically determine their capital levels by separately analysing credit and interest rate risk, but the interaction between the two is significant and potentially complex. We develop an integrated economic capital model for a banking book where all exposures are held to maturity. Our...