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emerging economies. We show that governments in emerging economies are more concerned about their reputation and tend to ride … that would help prevent potential crises. We provide evidence of the relevance of this reputation mechanism …
Persistent link: https://www.econbiz.de/10013050233
emerging economies. We show that governments in emerging economies are more concerned about their reputation and tend to ride … that would help prevent potential crises. We provide evidence of the relevance of this reputation mechanism. …
Persistent link: https://www.econbiz.de/10010398976
emerging economies. We show that governments in emerging economies are more concerned about their reputation and tend to ride … that would help prevent potential crises. We provide evidence of the relevance of this reputation mechanism …
Persistent link: https://www.econbiz.de/10013047326
market distortion; rational decision making within game theory frameworks under different jurisdictional background …
Persistent link: https://www.econbiz.de/10014192105
Persistent link: https://www.econbiz.de/10009687265
Persistent link: https://www.econbiz.de/10003263400
risky, what leads them to choose the risky alternative? The answer starts with a detailed review of the theory behind risk … risky, what leads them to choose the risky alternative? The answer starts with a detailed review of the theory behind risk … directors to analyse why they take risks, and how companies control risks. Integrating theory and evidence the book develops a …
Persistent link: https://www.econbiz.de/10013520690
We study the direct impacts that long-run experiences of climate change have on individual risk preferences. Using panel surveys from Indonesia and Mexico (total N = 25,000), we link within-person changes in elicited risk preferences to state-level, lifetime experiences of climate change. In...
Persistent link: https://www.econbiz.de/10013405449
I propose a dynamic general equilibrium model in which strategic interactions between banks and depositors may lead to endogenous bank fragility and slow recovery from crises. When banks' investment decisions are not contractible, depositors form expectations about bank risk-taking and demand a...
Persistent link: https://www.econbiz.de/10011978544
The financial crisis of 2007 has triggered various debates, ranging from the stability of the banking system to subtle technical issues regarding the Gaussian and other copulas. All these debates are important, and it might be good to start even a further one: Credit derivatives have much in...
Persistent link: https://www.econbiz.de/10013228701