Showing 1 - 10 of 3,820
The recent European economic crisis has dramatically exposed the failures of the various institutional mechanisms in place to maintain economic stability in Europe, and has unveiled the difficulty in achieving international coordination on fiscal and financial stability policies. Drawing on the...
Persistent link: https://www.econbiz.de/10013085690
It is well known fact that all good things, as also bad things, come to an end and business cycles pass through good and bad economic times. Economically 2010 was a year of transition from economic recession to recovery. Economies were improving in some countries and industries were showing...
Persistent link: https://www.econbiz.de/10013110884
financial systemic risk …
Persistent link: https://www.econbiz.de/10013153033
The central problem for financial regulation is reducing systemic risk. Systemic risk is the risk that the failure of … paper addresses the five most important policies for dealing with systemic risk: the imposition of capital requirements, the … related limitations on bank size would not reduce systemic risk …
Persistent link: https://www.econbiz.de/10013143703
We show that multinational firms transmit shocks across countries through their internal capital markets. We study a credit supply shock to parent firms in Germany. International affiliates outside Germany supported their parents through internal lending, became financially constrained...
Persistent link: https://www.econbiz.de/10014247983
We show that multinational firms transmit shocks across countries through their internal capital markets. We study a credit supply shock to parent firms in Germany. International affiliates outside Germany supported their parents through internal lending, became financially constrained...
Persistent link: https://www.econbiz.de/10014358874
This paper studies the specificities of the regulation of shadow banking in the EU. It argues that the idiosyncratic features of the EU shadow banking sector call for a different (or indigenized) regulatory approach from that of the U.S. It highlights striking differences between the EU and the...
Persistent link: https://www.econbiz.de/10012853767
address the potential systemic risk of hedge funds originating from their interconnectedness with Large Complex Financial … concern in the U.S. remained to be addressing potential systemic risk of hedge funds. Such differential regulatory objectives …
Persistent link: https://www.econbiz.de/10012855060
requirments on hedge funds and collection of systemic risk data. On the other hand, as an additional direct regulatory measure … of hedge funds is unlikely to mitigate the potential systemic risk of hedge funds …
Persistent link: https://www.econbiz.de/10013054911
Both stock price synchronicity and crash risk are negatively related to the firm's ownership by dedicated institutional …-specific risk absorbed by managers, thereby leading to a lower R2. Moreover, institutional monitoring mitigates managerial bad …
Persistent link: https://www.econbiz.de/10013096232