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The dissertation includes four studies broadly connected to the causes and consequences of the Global Financial Crisis of 2007-8 from a political economy perspective. Following the intro-duction, Chapter 2 analyzes the political roots of massive foreign reserves accumulation, which has...
Persistent link: https://www.econbiz.de/10011742243
Seit dem Ende der Bretton-Woods Ära haben zahlreiche Bankenkrisen Volkswirtschaften immense Kosten auferlegt. Die vorliegende Studie beschäftigt sich mit den politökonomischen Einflussfaktoren auf die Tiefe dieser Bankenkrisen. Es wird argumentiert, dass nur schnelle und tiefgreifende...
Persistent link: https://www.econbiz.de/10009471832
Diese Arbeit besteht aus drei, sich unabhängig voneinander erschließenden Artikeln,die sich alle mit dem Thema Risikomanagement in der Bankenindustrie befassen. Im ersten Artikel (Kapitel 2) werden die vier zur Zeit in der Praxis am häufigstenverwendeten Kreditrisikomodelle analysiert. Fokus...
Persistent link: https://www.econbiz.de/10009476253
Four essays, or chapters, model the capital structure, governance, and investment decisions as part of a sequential game. Each chapter is separate in its context, assumptions, and conclusions. The titles of the chapters are below.Abstracts of each essay or chapter can be found at the beginning...
Persistent link: https://www.econbiz.de/10009441487
This thesis investigates the determinants of the use of debt and leasing in the UK using a comprehensive measure of … debt and leases, in recognition of the link between lease and debt-type financing decisions, based on financial contracting … of simple tax proxy, the effective tax rate, leads to a spurious negative relation between debt usage and tax rates. The …
Persistent link: https://www.econbiz.de/10009465980
well-being. The purpose ofthis thesis is to analyze the inclusion of assets and debt in the model of one’s subjective … wellbeing.In addition, interaction effects between income and assets, and income and debt, will beexamined. Through the use of … ordered probit regressions, we find that assets and debt must beincluded in order to model one’s subjective well …
Persistent link: https://www.econbiz.de/10009468252
The dissertation deals with the optimal combination of short and long-term debt and argues that relevancy of the … each period. Therefore the tax benefits of debt and the probability of bankruptcy will be the same regardless of the … tax benefits of debt. For example, as interest rates fall, the price of the long-term bond rises. If the bond is called …
Persistent link: https://www.econbiz.de/10009472380
examines budget expenditure dynamic and structure threw productivity point. It covers state budget deficit and debt. The income …
Persistent link: https://www.econbiz.de/10009479205
listed debt as a source of finance.The researcher conducted a content analysis on the responses to 15 … review.The research revealed that firstly, through the use of securitisation, it is possible toreduce the cost of debt …
Persistent link: https://www.econbiz.de/10009447773
effectiveness ofmonetary and fiscal policies is often questioned. Of crucial importance today, increasingpublic and private debt … at other countries that have high sovereign debt levels who have gone into or areapproaching default, to illustrate that … the sustained use of monetary and fiscal policies inincreasing high public and private debt environments further …
Persistent link: https://www.econbiz.de/10009458919