Showing 41 - 50 of 407
In this paper we develop a new Early Warning System (EWS) of Banking Crises based on a new estimated indicator of the gap between the observed private credit ratio and its long-term structural level.
Persistent link: https://www.econbiz.de/10011118601
In this paper we introduce several methodological innovations in an empirical analysis of the determinants of the private Credit-to-GDP ratio, which allow us to estimate the long-term sustainable level of credit deepening in a country and its deviations. We also find new evidence of different...
Persistent link: https://www.econbiz.de/10011118602
This study analyses whether self-confidence affects financial abilities of young people in Spain, through financial literacy. We use data from the Programme for International Student Assessment (PISA) Financial Literacy (2012) report, conducted by the OECD. Our hypothesis is that non-cognitive...
Persistent link: https://www.econbiz.de/10011184648
La crisis ha fomentado la consolidacion y concentracion de muchos sectores bancarios, alimentando el debate sobre los efectos de una mayor concentracion sobre el nivel de competencia y la estabilidad del sistema. No obstante, las conclusiones de la literatura sobre este tema no soportan que...
Persistent link: https://www.econbiz.de/10011184649
Portfolio flows across Emerging Markets (EMs) have been particularly volatile over the last years. Financial distress at the beginning of the crisis was followed by monetary policy reactions in developed economies and emerging countries triggering push and pull forces favourable for flow...
Persistent link: https://www.econbiz.de/10011184650
El presente estudio analiza en que medida la autoconfianza afecta a las habilidades financieras de los jovenes en Espana, via sus conocimientos sobre cuestiones financieras. Para ello tomamos los datos del Programme for International Student Assessment (PISA) Financial Literacy (2012) llevado a...
Persistent link: https://www.econbiz.de/10011184651
En este trabajo se construyen series anuales del nivel educativo de la poblacion para Espana y sus regiones durante el periodo 1960-2011 utilizando la informacion que proporcionan los censos de poblacion. Estas series actualizan y mejoran las elaboradas en de la Fuente y Domenech (2006).
Persistent link: https://www.econbiz.de/10011185796
Real exchange rates exhibit important low-frequency fluctuations. This makes the analysis of real exchange rates at all frequencies a more sound exercise than the typical business cycle one, which compares actual and simulated data after the Hodrick-Prescott …lter is applied to both. A...
Persistent link: https://www.econbiz.de/10011194303
La crisis financiera internacional se ha reflejado en un aumento de los tipos de interes del nuevo credito a las empresas, en particular en los paises perifericos y en el caso de las pymes. En este documento se analiza la formacion de los precios del credito en dos paises de la periferia,...
Persistent link: https://www.econbiz.de/10011240543
Los saldos presupuestarios de las comunidades autonomas han continuado mejorando en 2013, aunque a un ritmo inferior al de 2012, gracias a la estabilizacion de los ingresos y a la continuada reduccion del gasto. Sin embargo, mas del 60 por cien de la reduccion del gasto registrada durante el...
Persistent link: https://www.econbiz.de/10010798204