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485 results matching your search
Date	Type	Description
201 09/03/2012	Article	REF 105 The new Américan finance Financial Architecture, Systemic Risk and Universal Banking in the United States Free access Anthony SAUNDERS Ingo WALTER Relying on various underlying drivers, consolidation has been a fact of life in the wholesale financial services sector, resulting in fundamental changes in the financial… JEL classification : G01 G21 G24 G28
202 09/03/2012	Article	REF 105 The new Américan finance Derivatives Markets in American Bankruptcy Free access Mark J. ROE By treating derivatives and financial repurchase agreements much more favorably than it treats other financial vehicles, American bankruptcy law subsidizes these arrangements… JEL classification : G01 G13 G18 G33
203 09/03/2012	Article	REF 105 The new Américan finance The Consumer Financial Protection Bureau Free access Amy FRIEND Joshua KAPLAN The financial crisis that took hold in 2008 had many causes, but consumer financial products originated in the United States were at its heart. This article discusses the U.S.… JEL classification : G01 G21 G28
204 09/03/2012	Article	REF 105 The new Américan finance US Banks after the Financial Crisis: Forced to Adapt Free access Céline CHOULET Laurent QUIGNON US banks entered the 21st century with high rates of return but they were slashed in half, on an average annual basis, by the outbreak of the subprimes crisis in the summer of… JEL classification : G01 G21 G28
205 09/03/2012	Article	REF 105 The new Américan finance Dodd-Frank, Financial Institution Rescues and Financial Crisis: The Problem of Too Interconnected to Fail Free access James P. HAWLEY The article argues that a major omission in the Dodd-Frank financial reform act focuses on the problem of to interconnected to fail banks and non-bank (shadow) banks. While… JEL classification : G01 G18 G21 G28
206 09/03/2012	Article	REF 105 The new Américan finance Credit Rating Agencies and Conflicts of Interest Free access Aline DARBELLAY Frank PARTNOY While the creation of the credit rating industry traces back to the beginning of the twentieth century, conflicts of interest have emerged particularly since the 1970s, and they… JEL classification : G01 G24 G28
207 30/11/2011	Article	REF 104 The Relationship between Finance and Industry: A Historical Perspective - Human Capital in Finance The French Banking Sector: a Growth and Employment Lever Free access Baudouin PROT Since the outburst of the financial crisis, French banks acted so that financial stability might be restored and economic growth might resume. During this period, in which… JEL classification : G01 G21 G28
208 30/11/2011	Article	REF 104 The Relationship between Finance and Industry: A Historical Perspective - Human Capital in Finance Are Financial Markets a Danger or an Opportunity to Industry? Lessons from a Forgotten Episode of History of the Paris Bourse Free access Pierre-Cyrille HAUTCŒUR This article analyses the history of the relationship between manufacturing industries and financial markets in 19th century France. It shows that most industries didn’t want to… JEL classification : G14 G18 G24 N13 N23 N43
209 30/11/2011	Article	REF 104 The Relationship between Finance and Industry: A Historical Perspective - Human Capital in Finance Shortcomings of Firms’ Valuation in Financial Markets Free access Marc AUBERGER In an efficient market, optimal allocation of capital to listed companies relies on precise public information on their future profitability. Market regulation enforces a wide… JEL classification : G11 G18
210 30/11/2011	Article	REF 104 The Relationship between Finance and Industry: A Historical Perspective - Human Capital in Finance Institutional Investment and MIFID Revision Free access Nathalie ORIOL MIFID has led to the proliferation of orders execution systems in Europe. Three years after launching, results are subject to discussion and pave the way towards a substantial… JEL classification : G11 G14 G24 L51
211 23/09/2011	Article	REF 103 The crisis exit policies The Crisis: What Will Be its Lasting Consequences on Growth, Labour and Public Finances? Free access Étienne DEBAUCHE Éric DUBOIS Pierre LEBLANC A review of the past financial crises suggests that the 2008-2009 crisis could lead to a durable loss of activity. In the main scenario, the French economy might suffer a… JEL classification : E32 E37 G01 O47
212 23/09/2011	Article	REF 103 The crisis exit policies The ECB: What Crisis Exit Scenario(s) ? Free access Christian BORDES Laurent CLERC This article examines the exit strategy, which in the ECB’s terminology is to be understood as the unwinding of the various non-standard measures decided independently of the… JEL classification : E43 F34 G01
213 23/09/2011	Article	REF 103 The crisis exit policies The New Micro-prudential Regulation Framework of the Banking Sector: Central Aspects, Impacts and Limitations Free access Jean Paul POLLIN This article intends to give a short presentation and assessment of the new rules of banking regulation initiated by Basel III. We first describe the motivations and key… JEL classification : E42 F34 G01
214 23/09/2011	Article	REF 103 The crisis exit policies Some Empirical Evidence on the Recent Financial Crisis Free access Virginie COUDERT Valérie MIGNON This article provides some empirical evidence on the recent global financial crisis in comparison with previous crises. First, this comparison is done through an assessment of the… JEL classification : G01 G15 E44
215 23/09/2011	Article	REF 103 The crisis exit policies Macro-prudential Regulation Strategies and Tools Free access Laurence SCIALOM The 2007-08 global financial crisis highlights that the preservation of financial stability requires going beyond the micro-prudential regulation by promoting a macro-prudential… JEL classification : G28 G18
216 31/05/2011	Article	REF 102 Chinese Finance The Stakes of Modernization The Chinese Bond Market Free access Jean-Paul TCHANG The surge of the Chinese bond market is recent. The Chinese State only started to issue debts in 1979. Limited volume of bonds were issued till 1987 and sold by administrative… JEL classification : G10 G24 O53 P33 P34
217 18/03/2011	Article	REF 101 Systemic risk (2) Supervision OTC Derivates Markets and the Question of Central Counterparties’ Access to Central Banks Free access Daniela RUSSO Gertrude TUMPEL-GUGERELL The financial market turmoil has demonstrated the importance of OTC derivatives markets for financial stability. In particular, the crisis has exposed weaknesses in OTC markets… JEL classification : G18 G23 G28
218 18/03/2011	Article	REF 101 Systemic risk (2) Supervision Performation and Supervision of the Financial System Free access Christian WALTER Supervision of the financial system must take into consideration the effects of management tools and in particular the ones representing risk. Real machinery of the professional… JEL classification : B4 C4 G11 G20
219 18/03/2011	Article	REF 101 Systemic risk (2) Supervision Dealing with Cross-border Bank Resolution Free access Nadège JASSAUD Ceyla PAZARBASIOGLU The enhanced coordination proposal put forward by the IMF is a pragmatic approach to address the cross-border resolution challenges in a manner that is achievable in the near… JEL classification : F33 G01 G28
220 18/03/2011	Article	REF 101 Systemic risk (2) Supervision The Theoretical Effects of the Introduction of a Central Counterparty for the Organization of OTC Markets Free access Valère FOUREL Julien IDIER This article identifies and analyzes the various benefits and drawbacks that the adoption of a central counterparty [CCP] for OTC markets can induce, notably in terms of… JEL classification : G15 G18 G23