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review by compiling findings and setting up profound arguments, why the regulation of insurance companies is relevant. The … main arguments for a strong prudential regulation are transparency, information asymmetry and agency problems, wrong …
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We estimate a logit mixture vector autoregressive model describing monetary policy transmission in the euro area over the period 2003Q1-2019Q4 with a special emphasis on credit conditions. With the help of this model, monetary policy transmission can be described as mixture of two states (e.g.,...
Persistent link: https://www.econbiz.de/10013328355
Clearing Systems of Central and Eastern Europe, waiting for the TARGET2 Securities I investigate the clearing systems … in Europe, and try to assess the condition of clearing houses before the launch of TARGET2 Securities. I examine the … also reflect on the kinds of clearing practices prevalent today in areas outside the EU. I try to summarize the …
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with poorer macroeconomic performances, weaker financial sectors and financial regulation and during times of elevated …
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