Seit vier Jahren kämpfen die Staaten des Euroraums gegen die Hinterlassenschaften der schweren Finanz- und Wirtschaftskrise an. Aber noch immer steigen die Schuldenquoten. Für die Krisenstaaten des Euroraums wurde zwar mit Rettungspaketen und Niedrigzinsen "Zeit erkauft". Aber solange sich die...

Based on a sample of 87 countries, this paper shows that non-financial institutions, specifically rule of law, do matter for the relative merits of bank-based and market-based financial systems. Market-based systems work better in low rule of law countries, while bank-based systems are more...

This paper uses Johansen’s cointegration to test for the possibility of co-integration and Granger-causality to estimate the causal relationship between stock market index and monetary indicators (exchange rate and M2) before and during the global financial crisis for Nigeria, using monthly...

Financial and economic crises repeat themselves at indefinite intervals. As in the Great Recession (also known as Subprime Crisis) of 2007/2008 there was a bundle of events and processes that preceded it and contributed to its emergence, whether it be economic, political, or ideological. Based...

The principal objective of this research study was to investigate the impact of the Great Economic Recession of 2008 on national banks' equity investment valuations and create an empirical model for predicting national banks' financial failure in the United States. The focal period of the study...

Recent research in economic history has found that mortgage debt in relation to GDP has taken off in the historical long run ("great mortgaging"), as growing banking assets have been redirected into mortgage credit. This paper maps the parallel long-run investment history of private (life)...

This study provides a characterization of the Association of the South East Asian Nations (ASEAN) banking system's competition under the new environment that the implementation of the Financial Integration Framework (AFIF) implies. We focus on the largest banking markets in the region,...

Studies on social behaviour, habitus, values and norms of bankers are a desideratum of research. Therefore, it is only justifiable with reservations to define the banker more closely as a social type. This contribution attempts to answer the question of the extent to which German bankers behaved...