The study investigates effectiveness of selected credit related macro prudential instruments in reducing the correlation between economic and credit growth in European emerging countries between 2000 and 2017. Two GMM (Generalized Method of Moments) estimators are used to empirically investigate...

Chapter 1. Motivation -- Chapter 2. Export Credit Industry -- Chapter 3. Insurance Background -- Chapter 4. Finance Fundamentals -- Chapter 5. Preliminaries -- Chapter 6. New Premium Framework -- Chapter 7. Historic Default Rates -- Chapter 8. Market Version of the Framework -- Chapter 9....

Introduction -- PART I: ADMINISTRATIVE PROVISIONS -- 1. Definitions and Interpretation -- 2. The Facility -- 3. Utilization -- 4. Repayment, Prepayment and Cancellation -- 5. Costs of Utilization -- 6. Additional Payment Obligations -- PART II: GUARANTEE, REPRESENTATIONS, UNDERTAKINGS AND EVENTS...

One of the major problems of macroeconomic theory is the way in which the people exchange goods in decentralized market economies. There are major disagreements among macroeconomists regarding tools to influence required outcomes. Since the mainstream efficient market theory fails to provide an...