Showing 1 - 6 of 6
The literature on equilibrium exchange rates for the Central and Eastern European Countries has blossomed in the recent years. The multitude of studies is justified by the fact that, in order to join the Eurozone, these countries have to participate to the ERM II. Therefore, the CEECs are forced...
Persistent link: https://www.econbiz.de/10009643088
The aim of this article is to investigate the determinants of attendance at French football Ligue 1 matches over the period 2008-2011 with an emphasis on examining the effect of competitive intensity before a match. Competitive intensity is measured by dummies that are function of the points...
Persistent link: https://www.econbiz.de/10010693315
This paper proposes an assessment of the monetary policy performed by the European Central Bank (ECB) and, more specifically this paper investigates to what extent the ECB monetary policy decisions were guided by financial instability signals. Our assessment is achieved by estimating a Taylor's...
Persistent link: https://www.econbiz.de/10011278678
We examine co-movements of bank stock returns in eight East Asian countries after the 1997 crisis and attempt to determine the factors that influence them. Unlike Bautista and al (2008) who focus on a measure of the contribution of banks to systemic risk, we consider the return correlations...
Persistent link: https://www.econbiz.de/10008563197
This paper investigates whether market information is reliable to predict financial deterioration of large Too Big To Fail banks in Asia. A stepwise logit model is first estimated to isolate the optimal set of accounting indicators to predict rating downgrades. The model is then extended to...
Persistent link: https://www.econbiz.de/10008599452
This paper investigates the determinants of financial deepening across regions in Indonesia after the institutional reforms which brought the country to become more decentralized. Using provincial-level data for 33 provinces from 2004 to 2010, we find that poor local governance significantly...
Persistent link: https://www.econbiz.de/10011249523