Showing 1 - 10 of 2,808
Persistent link: https://www.econbiz.de/10011797321
Persistent link: https://www.econbiz.de/10011754624
Persistent link: https://www.econbiz.de/10010195764
Persistent link: https://www.econbiz.de/10003906667
Persistent link: https://www.econbiz.de/10009659677
Persistent link: https://www.econbiz.de/10009372832
Persistent link: https://www.econbiz.de/10009126504
, which enables increased leverage and investment. In the absence of frictions in the securitization process, we show that the … be constrained inefficient due to the existence of a pecuniary externality that can result in over or under-investment …. We examine policies to correct over-investment and find that a leverage ratio restriction generates a Pareto improvement …
Persistent link: https://www.econbiz.de/10012010374
On 23 June 2010, the Magyar Nemzeti Bank and SUERF jointly organised a conference on "The Future of Banking in CESEE after the Financial Crisis", incorporating the SUERF Annual Lecture, delivered by Manfred Schepers, Vice President, Finance at the European Bank for Reconstruction and...
Persistent link: https://www.econbiz.de/10011710662