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The link between low levels of central bank independence (CBI) and high levels of inflation has long been established …
Persistent link: https://www.econbiz.de/10009474984
: Central, Eastern and Southeastern Europe (CESEE) and Latin America. Similar to other emerging economies, both regions were …
Persistent link: https://www.econbiz.de/10012529494
The new Basel Capital Adequacy Accord (Basel III) is an agreement among countries' central banks and bank supervisory …, which were approved by the Basel member central bank governors on September 12, 2010. The elements are the new definition of …
Persistent link: https://www.econbiz.de/10009474996
In the increasingly competitive world of retail banking, organizations are focusing their attention on customer service as a means of increasing customer loyalty and retention. With this goal of increasing customer retention, the link between the attitudes of the service provider (employee...
Persistent link: https://www.econbiz.de/10009475075
Includes bibliographical references (p. 20-21).
Persistent link: https://www.econbiz.de/10009477750
Over the last twenty years UK banks have reviewed and streamlined traditional credit assessment techniques for Small and Medium Sized Enterprises. In pursuit of margin and market share, today’s due diligence relies increasingly on centralised data and statistical “certainty” than on the...
Persistent link: https://www.econbiz.de/10009461195
During Peter Drucker’s talk entitled "Business and Management: The Changing Corporation" he discusses: joint alliances and market agreements, parent companies and their subsidiaries, changing technology and markets, seniority and Japanese companies, mutual funds and pensions, mortgages,...
Persistent link: https://www.econbiz.de/10009429632
There is a general recognition that there are deficiencies in the Mundell-Fleming model. Nonetheless, Rose [2000] has stated that Mundell was the first to exposit the Policy Trilemma, which identifies an intrinsic incompatibility among: high capital mobility, fixed exchange rates, and monetary...
Persistent link: https://www.econbiz.de/10009440668
This paper compares the P-bar model of price adjustment with the currently dominant Calvo specification. Theoretically, the P-bar model is more attractive as it depends on adjustment costs for physical quantities rather than nominal prices, while incorporating a one-period information lag....
Persistent link: https://www.econbiz.de/10009441077
In the aftermath of a major financial crisis in the 1990s, price stability has become an important argument of the future monetary policy stance in many emerging economies. As such, emerging economies in Asia and Latin America have switched to inflation targeting as their monetary policy. This...
Persistent link: https://www.econbiz.de/10009441615