Narrow search
Showing 1 - 10 of 989
Cover Image
Dodd-Frank, Securitization, and the Subprime Mortgage Crisis
Hoffman, Stephen P. - 2013
There are few things more constant in life than the rise and fall of financial markets. When markets crash, however, we are forced to restore them while learning from our mistakes. In the wake of the recent subprime mortgage crisis, Congress has drastically but deservedly overhauled the...
Persistent link: https://www.econbiz.de/10013090228
Cover Image
Was the Crisis Due to a Shift from Stakeholder to Shareholder Finance? Surveying the Debate
Ferri, Giovanni - 2015
We discuss the literature on the shift from stakeholder to shareholder finance behind the Great Financial Crisis (GFC). Traditional banks generally maximized stakeholder value (STV). But before the GFC also many of them started maximizing shareholder value (SHV). Moving from STV to SHV often...
Persistent link: https://www.econbiz.de/10013024417
Cover Image
European versus Anglo-Saxon credit view : evidence from the eurozone sovereign debt crisis
Altdörfer, Marc; De las Salas Vega, Carlos Andres; … - 2016
the assignment of sovereign credit ratings, using the Eurozone sovereign debt crisis of 2009-2012 as a natural laboratory … two more US-tied peers, assigned on average more favourable ratings to Eurozone issuers during the crisis. However, Fitch …'s better ratings for Eurozone issuers seem to be neglected by investors as they rather follow the rating actions of Moody's and …
Persistent link: https://www.econbiz.de/10011570580
Cover Image
The power of opinion : more evidence of a GIPS-markup in sovereign ratings during the euro crisis
Nauhaus, Steffen - 2015
This paper examines whether the Big Three credit rating agencies actually played as active a role in the Euro Crisis as previously asserted. On the basis of panel data methods for a set of 11 EMU countries, the analysis reveals significant evidence for an arbitrary markup on the GIPS group of...
Persistent link: https://www.econbiz.de/10011317827
Cover Image
Banks' portfolio of government debt and sovereign risk
Afonso, António; Alves, José; Monteiro, Sofia - 2023
banks' portfolio of public debt and reduces the percentage holdings in the case of central banks. Better sovereign ratings …
Persistent link: https://www.econbiz.de/10014383613
Cover Image
Bad Bank(s) and Recapitalization of the Banking Sector
Schäfer, Dorothea; Zimmermann, Klaus F. - 2009
With banking sectors worldwide still suffering from the effects of the financial crisis, public discussion of plans to place toxic assets in one or more bad banks has gained steam in recent weeks. The following paper presents a plan how governments can efficiently relieve ailing banks from toxic...
Persistent link: https://www.econbiz.de/10010331436
Cover Image
Agenda für eine neue Finanzmarktarchitektur
Schäfer, Dorothea - In: DIW Wochenbericht 75 (2008) 51/52, pp. 808-817
Seit dem Sommer 2007 sind die Akteure auf den Finanzmärkten mit einer selbstverursachten Krise konfrontiert. Um eine Wiederholung in Zukunft zu vermeiden, haben die G20-Staaten am 15. November 2008 auf dem Finanzgipfel in Washington beschlossen, "alle Finanzmärkte, Finanzprodukte und...
Persistent link: https://www.econbiz.de/10011601932
Cover Image
The failure mechanics of dealer banks
Duffie, Darrell - Bank für Internationalen Zahlungsausgleich <Basel> - 2010
I explain the key failure mechanics of large dealer banks, and some policy implications. This is not a review of the financial crisis of 2007–2009. Systemic risk is considered only in passing. Both the financial crisis and the systemic...
Persistent link: https://www.econbiz.de/10005870961
Cover Image
Bad bank(s) and recapitalization of the banking sector
Schäfer, Dorothea; Zimmermann, Klaus F. - 2009
With banking sectors worldwide still suffering from the effects of the financial crisis, public discussion of plans to place toxic assets in one or more bad banks has gained steam in recent weeks. The following paper presents a plan how governments can efficiently relieve ailing banks from toxic...
Persistent link: https://www.econbiz.de/10003936172
Cover Image
Financial transaction tax contributes to more sustainability in financial markets
Schäfer, Dorothea - 2012
We argue that a financial transaction tax complements financial market regulation. With the tax, governments have an additional instrument at hand to influence trading activity. FTT aims to reduce regulatory arbitrage, flash trading, overactive portfolio management, excessive leverage and...
Persistent link: https://www.econbiz.de/10009579222