Showing 1 - 10 of 106
Persistent link: https://www.econbiz.de/10014363655
The paper deals with the geographies of the European economic crisis that had its origins in the global financial crisis of 2008-09. The crisis pushed many European economies into a deep recession and caused a mass unemployment in many countries. The crisis is analysed in a monetary economy...
Persistent link: https://www.econbiz.de/10011340775
There is a general acceptance of the fact that a significant direct relationship between financial markets and macroeconomic variables exists, especially by considering the assertion that developed financial markets correspond to high GDP levels. This paper provides an investigation of the...
Persistent link: https://www.econbiz.de/10011400516
, like portfolio risk is computed from the risk characteristics of individual assets. A bootstrap algorithm delivers test …
Persistent link: https://www.econbiz.de/10012623092
Based on detailed loan portfolio data of a top-20 universal bank in Germany, we investigate the effect of unconventional monetary policy on corporate loan pricing. We can decompose corporate lending rates, thereby shedding light on intra-bank transmission of monetary policy. We identify policy...
Persistent link: https://www.econbiz.de/10011301427
market. Duopolistic banks can choose their levels of monitoring of firms and thus the level of risk-taking, where the risk of … transaction costs of cross-order banking reduces aggregate output and increases risk-taking, thus harming consumers and taxpayers …
Persistent link: https://www.econbiz.de/10011301652
This paper addresses the question of how the timing of corporate insider trading is related to the level of information asymmetry in a stock price. Our empirical analysis shows that, when buying their firm's shares, corporate insiders are likely to exploit their informational advantage through...
Persistent link: https://www.econbiz.de/10010270086
, fundamental riskiness of the asset, the compensation scheme of the fonds manager, and the risk-free interest rate, we give a …
Persistent link: https://www.econbiz.de/10010270143
This paper reviews the state of confidence and trust in the Netherlands, with special attention to the financial sector. An attempt has been made to identify the factors that determine individual trust and confidence and to uncover connections between the various variables. Based on surveys over...
Persistent link: https://www.econbiz.de/10010273615
to improve the pool quality of the domestic banking sector and reduce the risk to taxpayers. …
Persistent link: https://www.econbiz.de/10010329304