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Monetary policy and the asset risk-taking channel

Abbate, Angela; Thaler, Dominik - 2018

¿Cuánto importa el canal de toma de riesgos (risk-taking channel) para la política monetaria? Para responder a esta pregunta, desarrollamos y estimamos un modelo cuantitativo macroeconómico DSGE, en el que los bancos eligen inversiones excesivamente arriesgadas, debido a un problema de...

Persistent link: https://www.econbiz.de/10012530598

Asset encumbrance and bank risk: theory and first evidence from public disclosures in Europe

Banal-Estañol, Albert; Benito, Enrique; Khametshin, Dmitry

En este trabajo mostramos que la sobrecolateralización de los pasivos garantizados bancarios se asocia de forma positiva con la prima de riesgo de su financiación no garantizada. Incorporamos esta idea en un modelo teórico en el que los costes derivados del gravamen de activos (asset...

Persistent link: https://www.econbiz.de/10012613021

Asset encumbrance and bank risk: theory and first evidence from public disclosures in Europe

Banal-Estañol, Albert; Benito, Enrique; Khametshin, Dmitry

Summary of Banco de España Working Paper no. 2131

Persistent link: https://www.econbiz.de/10013267759

Pricing Derivatives Under A Gains Tax Regime: New Impacts

Wöster, Christoph - 2006

Three years after the seminal work of Black and Scholes on the pricing of European options, Scholes presented a paper in which the impact of taxation on the value of an option is analyzed. We restart this discussion in a simple binomial setting emphasizing the economic principles of replicating...

Persistent link: https://www.econbiz.de/10009452631

Comparison of decision-making under uncertainty investment strategies with the money market

Groenewald, Madeleine E; Pretorius, Philip D - 2010

This paper proposes different investment strategies for portfolio selection based on decision-making under uncertainty, rather than the conventional Markowitz portfolio model. The results of perfectinformation and the results of investment strategies for decision-making under uncertainty are...

Persistent link: https://www.econbiz.de/10009456018

Portfoliooptimierung unter Transaktionskosten

Jörn Saß - 2001

(Keine Zusammenfassung in deutscher Sprache vorhanden.) (No summary in German language.)

Persistent link: https://www.econbiz.de/10009429036

CAIA level 2 : advanced core topics in alternative investments

In: CAIA. 2009

Persistent link: https://www.econbiz.de/10004945492

MOTIVE FÜR DEN KAUF EINER HEIZUNG - ERGEBNISSE EINER VERBRAUCHERBEFRAGUNG MIT DEM SCHWERPUNKT "HOLZPELLETHEIZUNGEN"

Decker, Thomas - 2007

Paper prepared for presentation at the 7th Industrieforum PelletsStuttgart (Germany), 10th October 2007 …Compared to other heating markets the wood pellets market is quite young and small in Germany. Nevertheless it is a … within the scope of this project. Therefore people in different parts of Germany have been asked about their heating system …

Persistent link: https://www.econbiz.de/10009442671

Gender Equality in Reconciling Work and Childcare in South Korea

Lee, Kook Hee - 2009

procuring full remuneration throughout the leave period. However, the mandatory maternity leave system in Germany is not an …

Persistent link: https://www.econbiz.de/10009467525

Does Economic Uncertainty Affect the Decision to Bear Children? Evidence from East and West Germany

Bhaumik, Sumon Kumar; Nugent, Jeffrey B. - 2005

of uncertainty measures based on GSOEP data from Eastern (and for comparison purposes also Western) Germany for the years … Eastern Germany during its transition than in Western Germany and had a highly nonlinear effect on the probability of a birth … uncertainty in East Germany in the transition could have contributed significantly to the sharp fall and unusually low level of …

Persistent link: https://www.econbiz.de/10009476843