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The novel coronavirus SARS-CoV-2 imposes the most unexpected external economic shock to modern humankind, triggering abrupt consumption and behavior pattern shifts around the world with widespread socio-economic impacts. In order to alleviate unexpected negative fallouts from the crisis,...
Persistent link: https://www.econbiz.de/10014025921
This Comment evaluates four recent proposals to reform tax laws affecting the financial industry. After introducing the proposals, the author provides a theoretical framework for evaluating them and then relies on this framework to explore the benefits and drawbacks of each. Ultimately, the...
Persistent link: https://www.econbiz.de/10013135154
financial regulators and competition authorities. Should competition authorities play a role in financial regulation? Should … evolution of regulation and competition in the financial industry, the paper discusses various issues that are relevant for …Reforms of financial regulation after the crisis of 2007-2009 raise the question of what is the relation between …
Persistent link: https://www.econbiz.de/10011879119
This paper examines the link between bank competition measures and risk indicators using quarterly interbank exposures … competition and individual bank solvency risk. In this paper, we take one step forward in analyzing the relationship between … competition and systemic risk. We use counterfactual bank-level contagion risk indicators as a proxy of systemic risk to assess …
Persistent link: https://www.econbiz.de/10012796834
Over-the-counter (OTC) traders cannot pursue the two fundamental objectives of portfolio management, the identification of portfolio market risk and return and its diversification. The result of this major market shortcoming is a complex, systemically risky market disequilibrium. The tradable...
Persistent link: https://www.econbiz.de/10013019443
The aim of the study is to estimate the level of competition and concentration in the Polish banking sector in 1997 …) have been used for the evaluation of competition. Concentration in the Polish banking industry was analysed by using … the degree of competition in the Polish banking market in the period between 1997-2007 followed a slight upward trend …
Persistent link: https://www.econbiz.de/10013096327
This study provides analysis of the competition in the Indonesian banking industry of publicly-listed Indonesia banks … before and after financial global crisis. Applying a balanced panel data, this study also identify the effect of competition … positive relationship between competition and NIM before crisis period, but turned out into negative after the crisis began …
Persistent link: https://www.econbiz.de/10013090157
performance in financial institutions and in financial regulation and supervision all over the world. The contributors to the … banking, financial markets and regulation. …
Persistent link: https://www.econbiz.de/10011711451
This article explores how the theory of, “responsive regulation,” might guide historical inquiry into the American … origins of the global financial crisis. Part I of the article briefly lays out some key ideas of the, “responsive regulation … regulation over the past two generations. Part II addresses the conflicting aims of financial regulation since the 1970s …
Persistent link: https://www.econbiz.de/10013124115
Persistent link: https://www.econbiz.de/10014445389