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The Thomson VentureXpert database has been used for over two decades by practitioners and academics to benchmark and judge the performance of private equity and venture capital. A closer look at aggregated and individual figures, however, reveals severe anomalies in the underlying data which are...
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Das fliegende Geld der Chinesen, die Vellonmünzen der Spanier, die Schinderlinge der Habsburger, die französischen Assignaten oder die deutsche Mark - fast keine Währung der Welt, die der Inflation entkommen ist. Seit es Geld gibt, gibt es Inflation, zu allen Zeiten in allen Ländern haben...
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Nach Jahren der Stabilität droht den Zentralbanken die Kontrolle über die Sicherheit unseres Geldes zu entgleiten. Wirtschaftskrisen, eine Pandemie und ein Krieg in Europa haben die Inflationsraten in weiten Teilen der westlichen Welt auf längst vergessene Höchststände getrieben. Um diese...
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during the stagflation period. By comparing the US experience with simultaneous developments in West Germany, he finds that …, the passbook remained a cornerstone of household saving in Germany. Drawing upon research in several bank archives in the … US and Germany, Knake explains these divergent developments in terms of fundamental differences in how banks and their …
Persistent link: https://www.econbiz.de/10015050123
With the recent surge in crypto-activity, a natural question arises as to what exactly a “cryptocurrency” is and how to value and assess these digital assets. In this paper, we provide an overview of the history and technology underlying cryptocurrencies. We also present information on the...
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The panic of 1857 is revisited with the benefit of hindsight provided by the panic of 2007-08, where a number of parallels are identified between the two panics. We present new evidence on causes of the failure of the financial institution that triggered the panic of 1857 and conduct a detailed...
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