Similar Search Results

The natural resource curse revisited : is there a financial channel? ; conference paper

Hattendorff, Christian - 2013 - August 2013 (Draft)

The paper contributes to the ongoing debate on the natural resource curse, which refers to a negative link between natural resource abundance and economic growth. It shows empirically that resource-rich countries appear to have a less developed financial system and investigates a potential...

Persistent link: https://www.econbiz.de/10010336252

Tapping the financial wisdom of the crowd : crowdfunding as a tool to aggregate vague information ; conference paper

Hakenes, Hendrik; Schlegel, Friederike - 2014

Crowdfunding, a novel form of financing, has seen massive growth over the last few years. Under crowdfunding, a large number of small households offers small loans to a firm. But if some threshold is missed, the firm cannot draw the loans. We construct a model to argue that this mechanism can be...

Persistent link: https://www.econbiz.de/10010489281

Future risks and fragilities for financial stability

Llewellyn, David T. (ed.); Reid, Richard (ed.); … - Conference: Future Risks and Fragilities for Financial …; … - 2012

In March 2012 a conference, organised jointly by the ICFR and SUERF, on "Future Risks and Fragilities for Financial Stability", explored what the next pressure points for financial stability might be, how these may arise from the response to the last financial crisis, and how the industry and...

Persistent link: https://www.econbiz.de/10011711486

Banking reform

Jackson, Patricia; Davies, Howard; Miles, David; … - SUERF Conference on Banking Reform <2015, London>; … - 2016

On 3 December EY hosted a SUERF conference on banking reform with Sir Howard Davies, the Chairman of RBS, and Dame Colette Bowe, the Chairman of the Banking Standards Board, as the two keynote speakers. Professor David Miles (Imperial College) gave the SUERF 2015 Annual Lecture on Capital and...

Persistent link: https://www.econbiz.de/10011554963

The SSM at 1

Laeven, Luc; Draghi, Mario; Dombret, Andreas R.; … - SUERF - The European Money and Finance Forum; Deutsche …; … - 2016

Persistent link: https://www.econbiz.de/10011557140

The home bias in sovereign ratings : conference paper

Fuchs, Andreas; Gehring, Kai - Evidenzbasierte Wirtschaftspolitik <Veranstaltung> <2014> - 2013 - This version: 20 December 2013

Credit rating agencies are frequently criticized for producing sovereign ratings that do not accurately reflect the … countries, we investigate empirically if there is systematic evidence for a home bias in sovereign ratings. Specifically, we use … dyadic panel data to test whether, all else being equal, agencies assign better ratings to their home countries, as well as …

Persistent link: https://www.econbiz.de/10010480669

Venture capital financing of innovation races : conference paper

Kovác, Eugen - 2014 - Preliminary and incomplete

This paper analyzes innovation races in a moral hazard setting. I develop a model where two competing entrepreneurs, financed by a single venture capitalist, work independently on the same project. The venture capitalist cannot observe the allocation of funds she provides, which creates a moral...

Persistent link: https://www.econbiz.de/10010481326

Measuring spillovers of venture capital : conference paper

Schnitzer, Monika; Watzinger, Martin - 2014

In this paper we measure knowledge spillovers arising from venture-capital financed companies on the patenting activities of other companies and compare them to spillovers from established firms. We develop a novel measure to to identify the appropriate spillover pool based on backward citations...

Persistent link: https://www.econbiz.de/10010482492

The impact of information risk and market stress on institutional trading : new evidence through the lens of a simulated herd model ; conference paper

Boortz, Christopher K.; Jurkatis, Simon; Kremer, Stephanie - 2013

This paper sheds new light on the impact of information risk and market stress on herding of institutional traders from both, a theoretical and an empirical perspective. Using numerical simulations of a herd model, we show that buy and sell herding intensity should increase with information...

Persistent link: https://www.econbiz.de/10010343757

Brexit and the implications for financial services : edited by Patricia Jackson, introduced by Morten Balling, Ernest Gnan and Patricia Jackson; contributions by Franklin Allen, Jo...

Jackson, Patricia; Balling, Morten; Gnan, Ernest; … - Conference on "Brexit and the Implications for …; … - 2017

On 23rd February 2017, SUERF and EY organized a conference on "Brexit and the Implications for Financial Services" at EY's offices, Churchill Place, Canary Wharf, London. While the outcome of the Brexit negotiations remains highly uncertain, the conference discussed the burning questions for...

Persistent link: https://www.econbiz.de/10011712197