Showing 1 - 10 of 25
Persistent link: https://www.econbiz.de/10003839228
While the unfolding financial turmoil has involved new elements, more fundamental elements have remained the same. New elements include structured credit, the originate-to-distribute business model and the tri-party repurchase agreement. The recurrence of crises reflects a basic procyclicality...
Persistent link: https://www.econbiz.de/10003855412
Foreign exchange (FX) derivatives markets in the Korean won are comparatively thin and vulnerable to impaired functioning. During the crisis, Korea faced dislocations in its FX swap and cross-currency swap markets, so severe that covered interest parity (CIP) between the Korean won and the US...
Persistent link: https://www.econbiz.de/10009229166
Persistent link: https://www.econbiz.de/10011300836
Persistent link: https://www.econbiz.de/10010229602
Persistent link: https://www.econbiz.de/10010253534
Persistent link: https://www.econbiz.de/10010467510
Persistent link: https://www.econbiz.de/10012296029
Persistent link: https://www.econbiz.de/10011825560
Persistent link: https://www.econbiz.de/10011905113