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485 results matching your search
Date	Type	Description
161 06/12/2013	Article	REF 112 The European banking system (2) New Perspectives Universal Banks: Successful, yet Under Threat Free access Jan SCHILDBACH Bernhard SPEYER Universal banks are the predominant model of banking in Europe. Under the umbrella of the term “universal banking”, a wide variety of different models co-exist. What is common to… JEL classification : G01 G21
162 30/09/2013	Article	REF 111 The European banking system (1) State of play The Future of Sovereign Borrowing in a Changing European Banking Landscape: Drivers, Links and Feedbacks Free access Hans J. BLOMMESTEIN The changing landscape for European banks influences the future of sovereign borrowing and vice versa. The fates of banks and sovereigns are intertwined, including by toxic… JEL classification : E44 E58 E62 F34 G01 G21 G28 H63
163 30/09/2013	Article	REF 111 The European banking system (1) State of play The Spanish Banking System: From the Mirage to the Disaster Free access Jésus CASTILLO The harsh shock that the Spanish banking system has undergone recently can not be understood without a brief look at the historical background and the factors that have modelled… JEL classification : G01 G21 G28
164 30/09/2013	Article	REF 111 The European banking system (1) State of play The New Regulatory Paradigm and the Economic Uncertainties Put the UK Banks to the Test Free access Laurent NAHMIAS The UK banks continued to be affected by both a weak internal business environment in 2012 and the risk of new housing market corrections. Badly shaken by the financial crisis,… JEL classification : G01 G21 G28
165 30/09/2013	Article	REF 111 The European banking system (1) State of play The Impact of Credit Rating Announcements on European Listed Companies: A Comparison Before and During the 2008 Financial Crisis Free access Ali DARDOUR This paper focuses on differences of reaction of common stock returns to rating announcements for 231 exchange-listed European companies before and during the 2008 financial… JEL classification : G14 G24
166 30/09/2013	Article	REF 111 The European banking system (1) State of play Germany’s Banking Sector Free access Guillaume GILQUIN Although Germany’s banking sector has experienced a wave of consolidation, especially since the financial crisis, the country is still home to a high number of banking… JEL classification : G01 G21 G28
167 30/09/2013	Article	REF 111 The European banking system (1) State of play The Negative Feedback Loop between Banks and Sovereigns Free access Paolo ANGELINI Giuseppe GRANDE Fabio PANETTA More than three years since the outbreak of the sovereign debt crisis in the euro area, the banking systems of several countries remain exposed to the vagaries of government bond… JEL classification : E44 E58 E62 G01 G21 G28 H63
168 30/09/2013	Article	REF 111 The European banking system (1) State of play The Italian Banking Industry: Through Structural Transformations and Economic Recession Free access Giovanni AJASSA Since 2008 the Italian economy has been battered by the most severe and prolonged period of crisis since Second World War. The country, given the high public debt, had no choice… JEL classification : G01 G21 G28
169 14/06/2013	Article	REF 110 Mergers and acquisitions - 50 years of African monetary unions - Property crises and financial crises Financial System and Real Estate Crises: The Case of France at the End of the 19th Century Free access Michel LESCURE The paper studies the role of the financial system in the greatest real estate crisis experienced by the French economy until the recent crises of the 1990s and 2007-2013. It… JEL classification : G01 G21 N13 R30
170 14/06/2013	Article	REF 110 Mergers and acquisitions - 50 years of African monetary unions - Property crises and financial crises Banks, Savings and Loans, Real Estate and Public Policies - A Historian Reading of the Spanish Financial Crisis: Is Spain Always Diferente? Free access Gérard CHASTAGNARET The present crisis of the Spanish financial system is mainly to be found in a real estate crisis, appeared in 2007 with the outburst of a speculative bubble grounded in hazardous… JEL classification : G01 G21 G30 N14 R30
171 14/06/2013	Article	REF 110 Mergers and acquisitions - 50 years of African monetary unions - Property crises and financial crises High Frequency Trading: Market Footprint and Policy Implications Free access Luc GOUPIL High Frequency Trading (HFT) refers to investment strategies where algorithms simultaneously handle data extraction and analysis and portfolio updating at an ever-increasing pace,… JEL classification : G10 G23 G28
172 14/06/2013	Article	REF 110 Mergers and acquisitions - 50 years of African monetary unions - Property crises and financial crises Mergers-Acquisitions and Allocational Efficiency Free access Éric de BODT Jean-Gabriel COUSIN Gaël IMAD'EDDINE Since mergers and acquisitions (M&A) are publicly observable and require a significant amount of acquirer resources, they tend to attract the academic community attention. Do M&As… JEL classification : G14 G34 K21
173 20/03/2013	Article	REF 109 The Unregulated Finance Shadow Banking in Europe Free access Laurent CLERC The financing of the economy has undergone dramatic changes over the last two decades. In fact, a growing source of credit to the private sector has been generated outside the… JEL classification : G01 G21 G23 G24 G28
174 20/03/2013	Article	REF 109 The Unregulated Finance Central Counterparty Clearing and Systemic Risk Insurance in OTC Derivatives Markets Free access Thorsten V. KOEPPL Cyril MONNET How can Central Counterparty (CCP) clearing help to make the over-the-counter (OTC) derivatives market safer? To answer this question, we lay out two views of risk management. The… JEL classification : G18 G23
175 20/03/2013	Article	REF 109 The Unregulated Finance The Hidden Collateral Constraint Free access Vivien LEVY-GARBOUA Gérard MAAREK The collateral constraint of a bank is usually viewed as a “physical” limit to what it can pledge in order to fund its activity, either through the Central bank or private agents.… JEL classification : G10 G18 G21 G28
176 20/03/2013	Article	REF 109 The Unregulated Finance Non Regulated Finance and the Large Commodities Trading Houses Free access Yves SIMON For numbers of politicians, commentators and regulators, it is politically correct to be ready to reinforce the bank and finance regulations and to discover non-regulated… JEL classification : F23 F65 G18 Q13
177 21/12/2012	Article	REF 108 Long-term investment Financing Long Term Investment: The Case for Public Sector Involvement Free access Jean BOISSINOT Claire WAYSAND Traditionally, public sector involvement in infrastructure projects has been large. More recently, pre crisis abundant liquidity lead to blur the specificities of long term… JEL classification : E22 E61 G18 H43
178 21/12/2012	Article	REF 108 Long-term investment Why Are Long Term Investment Incentive Policies Needed? Free access Didier JANCI The growth potential of Europe lacks long term investment fitted to the transition towards a more sustainable model of development and to an exit to the crisis. In the context of… JEL classification : E61 G11 G28 M41
179 21/12/2012	Article	REF 108 Long-term investment What Global Resources to Finance Long-Term Investment? Free access Dominique NAMUR While the current account imbalances are increasing between major economic areas, most industrialized countries are experiencing a rapid aging. Faced with a growing world… JEL classification : E21 F21 F36 G11 J11
180 21/12/2012	Article	REF 108 Long-term investment Long-Term Investment: Implications for Growth and Monetary and Financial Stability Free access Pierre JAILLET While risk aversion remains at very high levels in the throes of the crisis, the need for long-term investment has perhaps never been so urgent. Advanced economies, in particular,… JEL classification : E44 G11