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Additionally to the financial crisis causing a world recession, Liechtenstein’s financial sector has been challenged by … banks from Liechtenstein. An "unconventional" augmented GARCH-model (labelled as "augmented amalGARCH"), which outperforms …
Persistent link: https://www.econbiz.de/10010128449
Liechtenstein's economy has been heavily affected by the international economic downturn during the financial crisis …. Additionally to the deep world recession, Liechtenstein's financial sector was challenged by the "Zumwinkel-Affair" (data of … impact of this affair, separated from the financial crisis, on the daily stock prices of two banks from Liechtenstein …
Persistent link: https://www.econbiz.de/10009153349
Additionally to the financial crisis causing a world recession, Liechtenstein's financial sector has been challenged by … authorities. This paper investigates the impact of this affair on the daily stock prices of banks from Liechtenstein. An …
Persistent link: https://www.econbiz.de/10010469942
This paper presents a positive model which shows that institutional setups on capital and labor markets might be intertwined by politicoeconomic forces. Two politicoeconomic equilibria arise from our model, one with little protection of insiders on capital and labor markets, and another one with...
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This paper presents a positive model which shows that institutional setups on capital and labor markets might be intertwined by politicoeconomic forces. Some countries especially in continental Europe exhibit a corporatist politicoeconomic equilibrium with a sustantial protection of insiders on...
Persistent link: https://www.econbiz.de/10001590549
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