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of the crisis provoked by the Covid-19 pandemic. Against this backdrop, one of the most critical issues at stake is … context of global, generalised and prolonged economic crisis, nevertheless, it could turn out to be extremely challenging to … to resolution (unless a different interpretation of the public interest criterion in light of the current crisis is put …
Persistent link: https://www.econbiz.de/10012436969
and external economic characteristics which is the base of the cluster analysis. The puzzle is whether the pre-crisis … preparedness results in different or similar damages during the economic crisis. Specific evolution patterns of production, labour … market, mobility and risk premium are explored as crisis indicators. The analysis concludes that a clear link can be …
Persistent link: https://www.econbiz.de/10012608969
systemic financial crisis. During the Great Recession, failing market risk-sharing was replaced by the ECB through the cross …
Persistent link: https://www.econbiz.de/10012051210
We study how the stringency of policy measures to counter the COVID-19 pandemic affects individuals' trust in formal institutions. Drawing on micro-level panel data from Germany spanning an 18-month period from the onset of the pandemic, we show that, on average, there is a pronounced negative...
Persistent link: https://www.econbiz.de/10014495832
Using a panel data approach with bank-fixed effects, we study the impact of Targeted Longer-Term Refinancing Operations (TLTRO) on banks’ risk, given by their distance to default (DtD). The study aims to determine if the liquidity from TLTROs influences banks’ risk-taking behaviour. For the...
Persistent link: https://www.econbiz.de/10014533785
In this Article we submit that the compensation structures at banks before the financial crisis were not necessarily … short-term incentives were a cause of the crisis. The Financial Stability Board Principles for Sound Compensation Practices … groups concerned. They pick up traditional compensation criteria from pre-crisis best practices, adapting them to the post-crisis …
Persistent link: https://www.econbiz.de/10013132545
state measures;• It describes the remuneration problems shown by the financial crisis: rewards for failure; short … becoming a new area for regulation and supervision post-crisis.• The conclusion reached is that the crisis generated a race to …
Persistent link: https://www.econbiz.de/10013136173
This paper studies the effect of the 2008 financial crisis on trade credit and bank credit for a sample of 1982 firms … other hand bank credit stays stable for the first 2 years of the studied period (2006-2010), increases when the crisis …
Persistent link: https://www.econbiz.de/10013100722
, despite the fact that the 2008 crisis originated in the latter country and the levels of executive pay were no doubt higher in …
Persistent link: https://www.econbiz.de/10013091649
Persistent link: https://www.econbiz.de/10013064153