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485 results matching your search
Date	Type	Description
101 12/02/2018	Article	REF 128 Finance and Inequalities The Circular Relationship between Income Inequality and Finance: an Overview of the Recent Literature and Results Free access Rémi BAZILLIER Jérôme HÉRICOURT Samuel LIGONNIÈRE This article provides a synthetic survey of the recent literature addressing the links between income inequality and finance, in order to disentangle the various factors… JEL classification : D31 E25 E44 G01
102 03/04/2017	Article	REF 125 Europe 60 years later Capital Markets Union: Progress and Next Steps Free access Olivier GUERSENT One of European Commission President Juncker's key priorities is to build a true single market for capital – a Capital Markets Union (CMU) for all Member States – in order to… JEL classification : F36 F38 G15 G18 G23
103 03/04/2017	Article	REF 125 Europe 60 years later Finance and Politics: Does the Stock Market Prefer the Left? Free access Gérard CHARREAUX In the United States, stock market performance seems to be significantly higher when the Democrats are in power. Although tests are rarer, it seems that such a partisan premium… JEL classification : E44 G11 G12 G15
104 30/12/2016	Article	REF 124 The Financial Systems in Latin America The Financing of the Economy in the Post-Crisis Period Free access Christian GIANELLA Leonardo PUPPETTO Fifteen years after its historical sovereign default, we describe structural factors weighting on economic growth in Argentina and analyse how they affect economic agents' ability… JEL classification : E65 F13 F34 G01 O54
105 30/12/2016	Article	REF 124 The Financial Systems in Latin America Post-Default Argentina: Access to International Capital Markets and “Unconventional” Economic-Policy Choices Free access Juan CARLUCCIO Julio RAMOS-TALLADA The sovereign default in 2001 has brought about in Argentina an era of convoluted relationships with the international financial markets, characterized by large swings in the… JEL classification : E58 F30 F32 G01 O54
106 30/12/2016	Article	REF 124 The Financial Systems in Latin America Local Currency Bond Markets in Latin America Free access Bruno CABRILLAC Marie-Hélène FERRER The quality and predictability of macroeconomic policies in Latin America have been improving over the last twenty years and the development of local currency bond markets has… JEL classification : F30 F32 G15 O54
107 30/12/2016	Article	REF 124 The Financial Systems in Latin America Chilean Pension Funds: An Evolving System after a Third of a Century Free access Carlos PARDO Jaime PARDO Pension funds are a par excellence passionate topic, and this regardless of the country. Chile is not an exception. Representing a real paradigm, the Chilean experience, regarding… JEL classification : G00 G23 H55 J26 O16 O54
108 31/10/2016	Article	REF 123 The on-going reconstructing of financial systems What Role for Financial Markets in Europe? Free access Grégory CLAEYS An efficient financial system is essential to the good functioning of the economy. The various functions of the financial system can be provided either by banks or by markets.… JEL classification : G10 G18 G20 G28
109 31/10/2016	Article	REF 123 The on-going reconstructing of financial systems Which Impact of Expanding Role of Investment Funds? Free access Sébastien GALANTI Françoise LE QUÉRÉ Banking disintermediation induces a greater role for shadow banking firms, among which investment funds. These funds attract a large part of savings that were previously… JEL classification : G12 G18 G23 G32
110 31/10/2016	Article	REF 123 The on-going reconstructing of financial systems The Insurance and Reinsurance Industry in the Restructuring of Financial Institutions Free access Philippe TRAINAR The (re)insurance industry has shown a great capacity of resilience during the financial crisis and its activity is still developing. It is nonetheless undergoing big changes with… JEL classification : G01 G22 L11
111 30/06/2016	Article	REF 122 Demography and finance Demographic Changes, Savings and Financial Markets Free access Hippolyte d' ALBIS In this article, the asset meltdown hypothesis, which anticipates a sharp fall in asset prices caused by the transition to retirement of large cohorts of the baby boom, is… JEL classification : G10 J10
112 31/03/2016	Article	REF 121 The Challenge of a Zero Interest Rate Economy Macroprudential Policy: Unfinished Business for Central Banks Free access Jaime CARUANA Ilhyock SHIM Since the Great Financial Crisis of 2007-2009, both advanced and emerging market economies have made progress in setting up macroprudential policy frameworks and implementing… JEL classification : E43 E58 G01 G28
113 31/03/2016	Article	REF 121 The Challenge of a Zero Interest Rate Economy Financial Futures: From the Great Moderation to ZIRP and Beyond Free access Jeffry FRIEDEN Financial crises have been an enduring phenomenon of the contemporary international economic environment. These crises tend to have two features in common. First, they are… JEL classification : E32 E61 F31 F32 F42 G01
114 31/03/2016	Article	REF 121 The Challenge of a Zero Interest Rate Economy Three “Seismic” Shifts in the Global Economy and Policy Challenges Free access Kiyohiko G. NISHIMURA Three “seismic” shifts in the global economy are identified: (1) a persistent dampening fallout from the property bubbles, busts, and the ensuing financial crises; (2) information… JEL classification : E43 E58 G01 J11 J24
115 31/03/2016	Article	REF 121 The Challenge of a Zero Interest Rate Economy The Financial Crisis: Consequences for Monetary Policy and Monetary Practice Free access Benjamin M. FRIEDMAN This article argues that quantitative easing, one of the two new monetary policy tools, is likely to last but that the other one, forward guidance, is not so successful since… JEL classification : E52 E58 G01
116 31/03/2016	Article	REF 121 The Challenge of a Zero Interest Rate Economy Euro Area Shadow Banking Activities in a Low-Interest-Rate Environment: A Flow-of-Funds Perspective Free access Günter W. BECK Hans-Helmut KOTZ Very low policy rates as well as the substantial redesign of rules and supervisory institutions have changed background conditions for the Euro Area’s financial intermediary… JEL classification : E43 G11 G21 G23
117 31/03/2016	Article	REF 121 The Challenge of a Zero Interest Rate Economy Unconventional Monetary Policy Measures and their Impact on the Markets Free access Marco LEPPIN Joachim NAGEL The Eurosystem has responded to the current crises with several conventional and unconventional measures. In the past few years, rates have been lowered – even into negative… JEL classification : E43 E58 G01 G28
118 31/03/2016	Article	REF 121 The Challenge of a Zero Interest Rate Economy Low Long-Term Interest Rates as a Global Phenomenon Free access Jhuvesh SOBRUN Philip TURNER With much stronger international linkages between long-term interest rates in different currencies, ultra-low interest rates have become a global phenomenon. The real equilibrium… JEL classification : E43 E52 F41 G15
119 31/12/2015	Article	REF 120 Innovation, Technolgy and Finance Threats and opportunities Bond Markets Liquidty and Technological Innovation Free access Marie-Laure BARUT-ETHERINGTON Denis BEAU Fixed income markets are in a state of transition and this is accompanied by the perception of a decrease in liquidity and a risk for the financial system stability. The reality… JEL classification : G12 G23 G24
120 31/12/2015	Article	REF 120 Innovation, Technolgy and Finance Threats and opportunities Technology Is the Major Enabler to Manage Risks in Financial Markets Free access Gérard HARTSINK Trading, clearing and settlement of financial instruments are not possible any more without technology. However technology alone is not sufficient to create a robust financial… JEL classification : G10 G23 G24 G28