Dėl vykstančių globalizacijos, finansų rinkų integracijos, konsolidacijos bei internacionalizacijos procesų šalių finansų sektorius veikia daug veiksnių, skatinančių finansinės priežiūros modelių transformacijas. Pagrindinis darbo tikslas – įvertinus finansinės priežiūros...

The root causes of subprime crisis are analyzed based on the introduction of the definition and features of subprime mortgage loans: firstly, a loose financial supervision and regulation environment leads to weak risk awareness; secondly, the highly complex financial products enlarge the risk....

This thesis investigates the role of exchange rate in a small open economy policy framework. Focusing the analysis on the crisis-hit East-Asian countries, the main objective of this thesis is to investigate the necessity of the monetary authority to concern about the exchange rate stability by...

In this paper, we provide evidence on the nature and the relative importance of domestic and foreign shocks in Slovak economy based on block-restriction vector autoregression model in 1999-2007. We document well-functioning monetary transmission mechanism in Slovakia. Subject to various...

This dissertation contains a series of essays that provide empirical evidence for Australia on some fundamental predictions of real business cycle models and on the convergence and persistence of real interest rates. Chapter 1 provides a brief introduction to the issues examined in each chapter...

Die Internationalisierung der Wettbewerbspolitik wird unter dem Aspekt untersucht, wie Staaten ihre wettbewerbspolitischen Maßnahmen im internationalen Handel strategisch ausnutzen können. In Analogie zur strategischen Handelspolitik werden die unilateral gesetzten Wettbewerbspolitiken mit der...

Angesichts der Bedeutung ausländischer Direktinvestitionen in den globalen Wirtschaftsbeziehungen ist ein multilaterales Investitionsabkommen (MAI) zwingend notwendig. Dieses sollte die Liberalisierung der Etablierung und des operativen Geschäfts ausländischer Investoren induzieren wie auch...

"The common-property literature has often focused on the question of efficiency. Here we consider distributional issues instead. How should the benefits of the commons (say, a fishery) be distributed? We approach the question from the viewpoint of ownership rather than income redistribution. "A...