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The study analyses financial cycles based on a global sample of 34 advanced and developing countries over the period 1960Q1 to 2015Q4. We use dynamic factor models and state-space techniques to estimate financial cycles in credit, housing, bond and equity markets, as well as aggregate...
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Iceland is a member of the IMF and of the WTO, a party to the European Economic Area Agreement, and a signatory of the … OECD Code of Liberalisation of Capital Movements. Iceland is bound by Art. VIII IMF not to impose restrictions on current … payments. Furthermore, under the GATS, Iceland cannot introduce restrictions on current and capital transactions in the sectors …
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Intro -- THE STOCK MARKET: CRISIS, RECOVERY AND EMERGING ECONOMIES -- THE STOCK MARKET: CRISIS, RECOVERY AND EMERGING ECONOMIES -- CONTENTS -- PREFACE -- Chapter 1 FEDERAL BUDGET DEFICITS, INTEREST RATES AND THE GENERAL STOCK MARKET -- ABSTRACT -- 1. INTRODUCTION -- On the Real Economy -- On...
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excitement of potential gain is disconnected from the anxiety of potential consequences; producing groupthink and bubbles. When … potential. Policy implications go well beyond improving regulation and transparency. -- Financial bubbles ; financial crises …
Persistent link: https://www.econbiz.de/10003864484
excitement of potential gain is disconnected from anxiety about potential consequences, producing groupthink and bubbles. When …. -- Financial bubbles ; financial crises ; group functioning ; groupthink ; market instability ; financial regulation …
Persistent link: https://www.econbiz.de/10003905008