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This paper provides an overview of the regulation and supervision of the Belgian financial system from the creation of … Belgium in 1830 to the early 21st century. After severe crises, the National Bank of Belgium was created in 1850. The Great …
Persistent link: https://www.econbiz.de/10014080440
This paper provides an overview of the regulation and supervision of the Belgian financial system from the creation of … Belgium in 1830 to the early 21st century. After severe crises, the National Bank of Belgium was created in 1850. The Great …
Persistent link: https://www.econbiz.de/10005162299
With two news-based measures on war, I document that managers mitigated war risk through dividend cuts, arguably to establish a war chest. Moreover, I find that companies postponed their initial public offerings and that foreign companies were more likely to delist after the onset of wars....
Persistent link: https://www.econbiz.de/10012850829
Theoretical and historical experience suggests a financial centre may either include a single, consolidated and loosely regulated stock exchange attracting all intermediaries and actors, or a variety of exchanges going from strictly regulated to completely unregulated and adapted to the needs of...
Persistent link: https://www.econbiz.de/10013148520
In this paper we study systemic risk for the US and Europe. We show that banks' exposures to common risk factors are crucial for systemic risk. We come to this conclusion by first showing that relations between US and European banks are smaller than within each region. We then show that European...
Persistent link: https://www.econbiz.de/10009784871
Persistent link: https://www.econbiz.de/10003849831
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This paper examines capital adequacy regulation in Germany. After a short overview about financial regulation in … Germany in general, the paper focuses on the most important development in the area of capital adequacy regulation from the … models for financial regulation is problematic. Finally, some suggestions of how the problems could be addressed are given. …
Persistent link: https://www.econbiz.de/10010256881