Showing 1 - 8 of 8
Persistent link: https://www.econbiz.de/10003249937
Persistent link: https://www.econbiz.de/10002527956
Persistent link: https://www.econbiz.de/10000423339
Die Vorstellung selbst-stabilisierender, zum Gleichgewicht tendierender Finanzmärkte, lange Zeit als Selbstverständlichkeit angesehen, ist durch die aktuelle Banken- und Kreditkrise in Frage gestellt. Trotz ausgefeilten Risikomanagements der Banken und einer an Basel II orientierten Aufsicht...
Persistent link: https://www.econbiz.de/10003864312
Persistent link: https://www.econbiz.de/10003902196
The distinction between stationarity, difference stationarity, deterministic trends as well as between short- and long-range dependence has a major impact on statistical conclusions, such as confidence intervals for population quantities or point and interval forecasts. In this paper, recent...
Persistent link: https://www.econbiz.de/10011543928
Securitization is a financial innovation that experiences a boom-bust cycle, as many other innovations before. This paper analyzes possible reasons for the breakdown of primary and secondary securitization markets, and argues that misaligned incentives along the value chain are the primary cause...
Persistent link: https://www.econbiz.de/10003831219
Persistent link: https://www.econbiz.de/10001340788