Showing 1 - 10 of 126
increased risk that they encounter a sharp fall in their wages. People who tend to be particularly affected are the low … growth and risk. Overall, the evidence in this paper points to finance as one factor behind wage stagnation and the social …
Persistent link: https://www.econbiz.de/10012421215
Financial intermediaries may increase economic efficiency through intertemporal risk smoothing. However without an … improve the performance of the banking system. …
Persistent link: https://www.econbiz.de/10003393903
Banking regulators often practice forbearance and ambiguity in insolvency resolutions. The paper examines the effects of regulatory forbearance and ambiguity in a context of allocational efficiency. Bailouts, liquidations and their stochastic policy mix lead to suboptimal allocations if banks do...
Persistent link: https://www.econbiz.de/10003393906
Despite progress in the past decade, financial markets in Colombia remain relatively small and shallow. In particular the banking system suffers high intermediation costs, which limit constrains access to finance by households and firms. This paper explores some of the causes behind these...
Persistent link: https://www.econbiz.de/10011398849
risk of becoming less equitable if the young and poorer people are priced out. Affordability for poorer people could be …
Persistent link: https://www.econbiz.de/10011399317
Public questioning about the role of finance has been fuelled by the perception that financial sector pay is an important factor behind high economic inequalities. This paper is the first to provide a comprehensive look at the level of earnings in finance and the implications for labour income...
Persistent link: https://www.econbiz.de/10011399479
Over the last two and a half decades, Luxembourg’s financial sector emerged as a leading international hub for asset management and investment funds and became a key contributor to growth. Diversification into new areas of financial asset management is continuing. However, changing financial...
Persistent link: https://www.econbiz.de/10011399552
The banking sector in the United Kingdom (UK) was deeply affected by the crisis. Bank credit has collapsed reflecting both weak demand and tighter supply. New prudential requirements have improved the resilience of the banking sector and a number of measures were taken to support credit supply....
Persistent link: https://www.econbiz.de/10011399564
Slovenia is facing the legacy of a boom-bust cycle that has been compounded by weak corporate governance of state-owned banks. The levels of non-performing loans and capital adequacy ratios compare poorly in international perspective and may deteriorate further, which could require significant...
Persistent link: https://www.econbiz.de/10009767739
This paper addresses various aspects of risk and risk management for smallholders in developing countries, and presents … a quantitative assessment of farm-level risks and risk management strategies in three emerging economies: Brazil, China … areas such as credit and insurance, and which in turn lowers farmers’ access to risk management tools and strategies. The …
Persistent link: https://www.econbiz.de/10009767972