Paper presented at "Strategies For Solving Global Crises Conference: The Financial Crisis and Beyond" (October 2009 …). Also published in "Corporate Finance: Governance, Corporate Control & Organization Journals" (July 2010) The Financial … the need to focus on unregulated instruments such as hedge funds, which are of systemic importance to the financial …

The recent global financial crisis reflects numerous breakdowns in the prudential discipline of financial firms. This …

of financial integration between the current EU-member states and the central and eastern European accession states. We …(er) consumption correlations (just opposite to the theory of complete financial markets) does also and still exist among European … countries, even using data-sets covering most recent time periods. Thus, there seems to be less financial market integration …

This study investigates the access to and usage of financial services in South Africa. Financial services are … the interactions between usage of different types of financial services, we use multivariate simultaneous probit … specification to examine the effect of financial perception. Our results suggests that after controlling for endogeneity of choices …

financial crisis between 2007 and 2009. In doing so, it shows how option-implied probability density functions could be used to … contribute to monetary policy and financial stability analysis. …

The Asian financial crisis of 1997-98 shook the foundations of the global economy. What began as a localised currency … fundamental ways did the Asian crisis serve as a catalyst to the current thinking about the 'new international financial …

We develop a stock-and-flow-consistent model for South Africa with four financial instruments and detailed balance … sheets for the household, government, financial, non-financial, and foreign sectors and the Reserve Bank. Though micro … and the real sector/financial sector interaction. In the model, cyclical flow changes affect the long-term real and …

In the fall of 2008, the United States and the rest of the world experienced significant financial turmoil. The … financial industry as we knew it crumbled before our eyes. After experiencing this event and the media's fragmented and … inconsistent coverage of it, I felt an interesting topic to look into was the financial press' failed coverage of the finance …