This thesis aims to propose approaches to identify potential threats to the financial stability of the banking system by means of three essays. The first essay shows the existence of equilibrium of a game with heterogeneous agents that can lend, borrow or default. The second essay investigates ...
Essays on Financial Stability 来自 hss.ulb.uni-bonn.de 喜欢 0 阅读量: 39 作者: Stephan 摘要: This thesis examines self-fulfilling liquidity crises that are associated with maturity and liquidity transformation conducted by financial intermediaries such as banks. It consists of three chapters. In ...
The thesis presents three papers in macroeconomics and monetary economics with an emphasis on financial instability and crises. The first paper, entitled "Interbank Market Crises and Financial Openness," studies the effect of financial openness on financial stability by extending a closed-economy DSGE ...
on importing credibility and financial stability: essays on exchange rates and financial markets.sing VAR techniques, I examine the response of credibility, as captured by interest rate differentiaVladkova Hollar, Ivanna RDissertation Abstracts International, Volume: 63-07, Section: A, page: ...
Financial stability It’s the financial stability overview‚ its indicators and crises . On 9-10 October 2000‚ the BIS hosted its annual autumn meeting of central bank economists. The topic of the meeting was “Marrying the macro- and microprudential dimensions of financial stability”. With...
Essays on financial stability This thesis consists of two essays concerning how banking regulations may promote financial stability. The first chapter investigates the competition-concentrationstability nexus from a novel perspective, by considering how concentration... J Vourdas 被引量: 4发表: 2017年 ...
Essays on economic growth, financial integration and exchange rates. The main implication of the theoretical model is that a more flexible exchange rate can reduce average growth, especially in countries with low level of ... CM Rodriguez Mosquera - University of Pittsburgh. 被引量: 0发表: 2009...
Essays on Aspects of International Finance: Cross-Border Asset Sales and Return Premium on Multinational Firms This thesis consists of three chapters. The first two chapters study the macroeconomic and financial stability implications of income inequality and discuss how a low interest rate environment ...
It is clear that the currency crisis is a real threat to financial stability and economic prosperity.The main objective of this thesis is to analyze the determinants of currency crises for twenty OECD countries and South Africa from 1970 through 1998. It systematically examines the role of ...
My dissertation studies the effects of financial friction and investor heterogeneity on asset prices and financial stability.;The first chapter analyzes counterparty risk in entangled financial systems. The system is "entangled" because banks hedge risks using a network of bilateral over-the-counter cont...