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Key factors influencing customer repurchase intention for services : a structural model approach

Hellier, Phillip K.; Rickard, John A. - 1999

Persistent link: https://www.econbiz.de/10001363300

Uncertain consumer tastes and two-part tariff

Wang, Hao - 2007

A service provider sells to homogenous risk-averse consumers through a two-part tariff. The consumers have uncertain … tastes toward the service. They subscribe the service before the uncertainty resolves. In contrast with the common view that …'s marginal production cost, I show that when consumers have uncertain tastes, the service provider's optimal two-part tariff …

Persistent link: https://www.econbiz.de/10009298686

Should the Nordic countries join a European Monetary Union? : an empirical analysis

Bergman, U. Michael - 1997

Persistent link: https://www.econbiz.de/10013274913

Competitive intelligence responses in the banking industry to Europe 1992

Gibbons, Patrick T.; Prescott, John E. - 1993

Persistent link: https://www.econbiz.de/10000884242

Regime-dependent sovereign risk pricing during the euro crisis

Delatte, Anne-Laure; Fouquau, Julien; Portes, Richard - 2016

Previous work has documented a greater sensitivity of long-term government bond yields to fundamentals in Euro area stress countries during the euro crisis, but we know little about the driver(s) of regime-switches. Our estimates based on a panel smooth threshold regression model quantify and...

Persistent link: https://www.econbiz.de/10011974869

Bank exposures and sovereign stress transmission

Altavilla, Carlo; Pagano, Marco; Simonelli, Saverio - 2016

Using novel monthly data for 226 euro-area banks from 2007 to 2015, we investigate the causes and effects of banks' sovereign exposures during and after the euro crisis. First, in the vulnerable countries, the publicly owned, recently bailed out and less strongly capitalized banks reacted to...

Persistent link: https://www.econbiz.de/10011974892

ESBies : safety in the tranches

Brunnermeier, Markus Konrad; Langfield, Sam; Pagano, Marco - 2016 - This draft: September, 2016

The euro crisis was fueled by the diabolic loop between sovereign risk and bank risk, coupled with cross-border flight-to-safety capital flows. European Safe Bonds (ESBies), a union-wide safe asset without joint liability, would help to resolve these problems. We make three contributions. First,...

Persistent link: https://www.econbiz.de/10011975194

Addressing the safety trilemma : a safe sovereign asset for the eurozone

Riet, Ad van - 2017

At the 25th anniversary of the Maastricht Treaty, this paper reviews the merits of introducing a safe sovereign asset for the eurozone. The triple euro area crisis showed the costly consequences of ignoring the "safety trilemma". Keeping a national safe sovereign asset (the German bund) as the...

Persistent link: https://www.econbiz.de/10011975765

Collateral scarcity premia in euro area repo markets

Ferrari, Massimo; Guagliano, Claudia; Mazzacurati, Julien - 2017

Collateral plays a very important role in financial markets. Without easy access to high-quality collateral, dealers and market participants would find it more costly to trade, with a negative impact on market liquidity and the real economy through increased financing costs. The role of...

Persistent link: https://www.econbiz.de/10011978326

Regulating the doom loop

Alogoskoufis, Spyros; Langfield, Sam - 2018

Euro area governments have committed to break the doom loop between bank risk and sovereign risk. But policymakers have not reached consensus on whether and how to reform the regulatory treatment of banks' sovereign exposures. To inform policy discussions, this paper simulates portfolio...

Persistent link: https://www.econbiz.de/10011978559