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Anlagestrategie Behavioral Finance : die Bedeutung verhaltensorientierter Anlagestrategien in der amerikanischen und deutschen Fondsindustrie

Jaunich, Arthur Oliver - 2008

comprehensively incorporate all available information, and that active asset management cannot sustainably generate positive excess …

Persistent link: https://www.econbiz.de/10009467430

Risikoteilung zwischen Banken und Kapitalmarkt

Sidki, Marcus - 2006

Die Arbeit beschreibt Finanzinstrumente, die zur Übertragung von sowohl einzel- als auch gesamtwirtschaftlichen Bankenrisiken auf den Kapitalmarkt genutzt werden können. Neben den klassischen Einlagenversicherungssystemen werden die Konzepte des Narrow Banking, der Einlagenindexierung sowie...

Persistent link: https://www.econbiz.de/10009476161

Risk Management in Banking : Credit Risk Management and Bank Closure Policies

Erlenmaier, Ulrich - 2001

This thesis contributes to the literature on risk management in banking by presentingthree theoretically oriented …

Persistent link: https://www.econbiz.de/10009476253

AGENCY PROBLEMS IN CORPORATE FINANCE

Chakraborty, Indraneel - 2010

"Heterogeneity in Corporate Governance: Theory and Evidence", I propose that the amount of management autonomy in a firm is chosen as … variance attempt to reduce the information disadvantage they face by reducing autonomy of management. In addition, I find that … a hedge fund style compensation contract in which management fees, incentive fees and a high water mark (HWM) provision …

Persistent link: https://www.econbiz.de/10009439248

Risk premia in banking and the macroeconomy

Gersbach, Hans; Wenzelburger, Jan - 2004

This paper discusses the relationship between premia for macroeconomic risk in banking, aggregate behavior, and banking crises. We consider a competitive banking system embedded in an overlapping generation model subject to repeated macroeconomic shocks. We highlight how risk premia decline when...

Persistent link: https://www.econbiz.de/10009452465

Do risk premia protect from banking crises?

Gersbach, Hans; Wenzelburger, Jan - 2004

This paper studies the question to what extent premia for macroeconomic risks in banking are sufficient to avoid banking crises. We investigate a competitive banking system embedded in an overlapping generation model subject to repeated macroeconomic shocks. We show that even if banks fully...

Persistent link: https://www.econbiz.de/10009452467

Sophistication in risk management and banking stability. The short term

Gersbach, Hans; Wenzelburger, Jan - 2006

We explore the impact of sophistication in risk management as required by Basel II on banking stability and market …

Persistent link: https://www.econbiz.de/10009452515

Sophistication in risk management and banking stability. The long term

Gersbach, Hans; Wenzelburger, Jan - 2006

We investigate the question of whether sophistication in risk management fosters banking stability. We compare a simple …

Persistent link: https://www.econbiz.de/10009452517

The workout of banking crises. A macroeconomic perspective

Gersbach, Hans; Wenzelburger, Jan - 2002

This paper provides a macroeconomic perspective for government interventions in banking crises. We illustrate how vulnerabilities of the banking sector may build up over time and thus destabilize a banking system. A crisis occurs when a large number of banks fail to meet capital requirements or...

Persistent link: https://www.econbiz.de/10009452576

Monetary policy and disintermediation in South Africa : 1970–2010 / Michael Oldfield

Oldfield, Michael John - 2011

This study examines the development of monetary theory and various policy frameworks as implemented at the time of writing. The aim of the study was to determine the effect of monetary policy on disintermediation and re–intermediation throughout the periods of the various monetary policy...

Persistent link: https://www.econbiz.de/10009455940