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The financial sector has been one of the most profitable sectors of the Hungarian economy for years. The same financial sector which, in the nineties, underwent a painful and very expensive consolidation period. This matter of fact has drawn the researchers’ attention to that particular...
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We survey the literature regarding the relationship of disclosure and financial stability for both depositors and financial market participants. We identified in the literature different results which are favorable to the implementation of controlled disclosure policy for banks in order to...
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German financial system is characterized by an increasing importance of insurance companies. …
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insurance markets. Based on 20 years of insurance premium data from 180 countries, and a similar wealth of data on institutions … and financial market development, the paper presents important correlates of insurance market development. Although the … analysis cannot identify which factors directly cause insurance market growth, the results suggest that interventions aimed at …
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