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A workshop on the "The Impact of the Crisis on SMEs" was held in the European Parliament in Brussels on 1 February 2010. This document contains the programme, presentations and proceedings of that workshop.
Persistent link: https://www.econbiz.de/10011715264
Overall, household debt levels have risen sharply over the past decades in EU Member States. While certain levels of household debts can be beneficial, they can become problematic especially with a sudden, unexpected decrease of incomes or increase of expenditures. The current financial crisis...
Persistent link: https://www.econbiz.de/10011903923
In this paper, we extend the debate concerning Credit Default Swap valuation to include time varying correlation and co … that the time varying joint correlation matrix performed far superior as compared to the constant correlation matrix; the …
Persistent link: https://www.econbiz.de/10009430120
This thesis explores the role of emerging markets in investment portfolios. Could an investment portfolio consisting of emerging market securities have outperformed similar portfolios that did not contain emerging markets over recent years? Gathering data from January 1, 2009 to December 31,...
Persistent link: https://www.econbiz.de/10009430255
This half-semester course discusses decision theory and topics in game theory. We present models of individual decision …, supermodularity, monotone comparative statics, background risk, game theory, rationalizability, iterated strict dominance multi …-stage games, sequential equilibrium, trembling-hand perfection, stability, signaling games, theory of auctions, global games …
Persistent link: https://www.econbiz.de/10009432546
This paper proposes a parsimonious approach to test non-linear dependence on the conditional mean and variance of hedge funds with respect to several market factors. My approach introduces non-linear dependence by means of empirically relevant polynomial functions of the factors. For comparison...
Persistent link: https://www.econbiz.de/10012530285
Präsentationen zu <a href="http://nbn-resolving.de/urn:nbn:de:bsz:960-opus-3379">Die Wirtschafts- und Finanzkrise mit …
Persistent link: https://www.econbiz.de/10009433662
Das Arbeitspapier behandelt die Vorgeschichte und den Verlauf der IKB-Krise.
Persistent link: https://www.econbiz.de/10009433663
Since the start of the financial crisis, various forms of securitization have been criticized for causing the problems experienced. The amount of Asset Backed Commercial Paper outstanding fell drastically in the middle of 2007 drawing our attention to this market. Our study focuses on the use of...
Persistent link: https://www.econbiz.de/10009438964