securitisation financial stability after financial crisis



Aron Gottesman Understanding Systemic Risk in Global Financial Markets Aron Gottesman Understanding Systemic Risk in Global Financial Markets Новинка

Aron Gottesman Understanding Systemic Risk in Global Financial Markets

4949.86 руб.
An accessible and detailed overview of the risks posed by financial institutions Understanding Systemic Risk in Global Financial Markets offers an accessible yet detailed overview of the risks to financial stability posed by financial institutions designated as systemically important. The types of firms covered are primarily systemically important banks, non-banks, and financial market utilities such as central counterparties. Written by Aron Gottesman and Michael Leibrock, experts on the topic of systemic risk, this vital resource puts the spotlight on coherency, practitioner relevance, conceptual explanations, and practical exposition. Step by step, the authors explore the specific regulations enacted before and after the credit crisis of 2007-2009 to promote financial stability. The text also examines the criteria used by financial regulators to designate firms as systemically important. The quantitative and qualitative methods to measure the ongoing risks posed by systemically important financial institutions are surveyed. A review of the regulations that identify systemically important financial institutions The tools to use to detect early warning indications of default A review of historical systemic events their common causes Techniques to measure interconnectedness Approaches for ranking the order the institutions which pose the greatest degree of default risk to the industry Understanding Systemic Risk in Global Financial Markets offers a must-have guide to the fundamentals of systemic risk and the key critical policies that work to reduce systemic risk and promoting financial stability.
Thorsten Foltz Financial Stability Risk. Measuring the Illiquidity of Corporate and Sovereign Bonds Thorsten Foltz Financial Stability Risk. Measuring the Illiquidity of Corporate and Sovereign Bonds Новинка

Thorsten Foltz Financial Stability Risk. Measuring the Illiquidity of Corporate and Sovereign Bonds

5989 руб.
Master's Thesis from the year 2016 in the subject Economics - Other, grade: 1,3, University of Siegen, language: English, abstract: Market liquidity is most important for financial markets and thus for the real economy. Market-makers seem to provide less liquidity recently. The reasons of such a behaviour are shown within this work. It exhibits the regulations which have changed, the behaviour of market-makers and how financial markets are able to become illiquid. After this more theoretical framework, which refers to financial stability, several measures of liquidity are introduced and empirically tested on a dataset of about 60,000 corporate and sovereign bonds in 34 countries over a period of eleven years. The result, is that bond markets became less liquid within the last three years than during the financial and the following European debt crisis.
Obinna Izuchukwu Okafor Post Crisis Reforms in the Nigerian Banking Industry Obinna Izuchukwu Okafor Post Crisis Reforms in the Nigerian Banking Industry Новинка

Obinna Izuchukwu Okafor Post Crisis Reforms in the Nigerian Banking Industry

3212 руб.
After the devastating effect of the 2008 global financial crisis, financial regulatory authorities around the world started enacting various forms of reform policies to stabilise the financial markets and prevent future occurrence of such crisis. This book examines the reform policies being implemented in Nigeria, with the aim of assessing the likely impact on the financial and real sectors of the economy.
Global Financial Crisis. The Ethical Issues Global Financial Crisis. The Ethical Issues Новинка

Global Financial Crisis. The Ethical Issues

7389 руб.
Книга "Global Financial Crisis. The Ethical Issues".
H. Treasury Reforming Britain's Economic and Financial Policy. Towards Greater Economic Stability H. Treasury Reforming Britain's Economic and Financial Policy. Towards Greater Economic Stability Новинка

H. Treasury Reforming Britain's Economic and Financial Policy. Towards Greater Economic Stability

5614 руб.
Книга "Reforming Britain's Economic and Financial Policy. Towards Greater Economic Stability".
Andrew Leyshon Money and Finance After the Crisis. Critical Thinking for Uncertain Times Andrew Leyshon Money and Finance After the Crisis. Critical Thinking for Uncertain Times Новинка

Andrew Leyshon Money and Finance After the Crisis. Critical Thinking for Uncertain Times

7294.66 руб.
Money and Finance After the Crisis provides a critical multi-disciplinary perspective on the post-crisis financial world in all its complexity, dynamism and unpredictability. Contributions illuminate the diversity of ways in which money and finance continue to shape global political economy and society. A multidisciplinary collection of essays that study the geographies of money and finance that have unfolded in the wake of the financial crisis Contributions discuss a wide range of contemporary social formations, including the complexities of modern debt-driven financial markets Chapters critically explore proliferating forms and spaces of financial power, from the realms of orthodox finance capital to biodiversity conservation Contributions demonstrate the centrality of money and finance to contemporary capitalism and its political and cultural economies
Frederick Feldkamp L. Financial Stability. Fraud, Confidence and the Wealth of Nations Frederick Feldkamp L. Financial Stability. Fraud, Confidence and the Wealth of Nations Новинка

Frederick Feldkamp L. Financial Stability. Fraud, Confidence and the Wealth of Nations

4949.86 руб.
Applying the Lessons of History to Understanding Fraud Today and Tomorrow Financial Stability provides a roadmap by which the world can anticipate and avoid future financial disruptions. This unique discussion of past and present financial events offers new insights that explain economic, political, and legal antecedents of financial crises in Western markets. With a detailed discussion of the history of finance, this book shows modern investors and finance professionals how to learn from past successes and failures to gauge future market threats. Readers will gain new insight into the antecedents of todays financial markets and the political economy that surrounds them. Armed with this knowledge, they will be able to craft a strategy that steers away from financial disorder and toward maximum stability. Coverage includes discussion of capital, forecasting, and political reaction, and past, present, and future applications within all realms of business. The companion website offers additional data and research, providing a complete resource for those seeking a better understanding of the risk at hand. As the world struggles to emerge from the latest financial crisis, professionals in finance, the law and other disciplines, and the people they advise, are searching for understanding to avoid future crises. Financial Stability argues that the best lessons are learned from our own mistakes, and that the ability to look ahead depends upon our willingness to look back. Readers will: Review the historical laws, practices, and outcomes that shaped the modern day financial markets of the great western economies Understand the theory of financial stability, the roles of law and transparency, and the importance of action to punish fraud in order to prevent future contagion Work through the theoretical proofs in terms of math, law, accounting, economics, philosophy, and international trade Build a strategy for the future with consideration toward needs, sources, balance, and learning from past mistakes Everywhere around the globe, at all points in history, financial crises have always been rooted in the confluence of politics, finance, and law. Financial Stability puts the latest global financial crisis in perspective, highlighting the lessons we have already learned, and those we need to internalize today.
Zamir Iqbal The Stability of Islamic Finance. Creating a Resilient Financial Environment for a Secure Future Zamir Iqbal The Stability of Islamic Finance. Creating a Resilient Financial Environment for a Secure Future Новинка

Zamir Iqbal The Stability of Islamic Finance. Creating a Resilient Financial Environment for a Secure Future

5838.35 руб.
The Stability of Islamic Finance main focus is on the question of the sources of financial instability which seems inherent in the conventional system. As a core component of this focus, the book will consider episodes of turbulence and instability in a historical context recalling the occurrence of such events from mid-19th century to the present. It will present various theoretical explanations along with solutions and alternative financial systems that avoid instability provided by various scholars dating back to mid-19th century to present. The book then will present and discuss the architecture of an Islamic financial system and show that at its core, this system shares many characteristics of an stable financial system proposed by Western scholars throughout history to avoid the inherent instability of the present dominant system. Particular emphasis will be placed on the present financial crisis and its causes as well the financial crisis of the 1997 in Southeast Asia, Russia, and Latin America relating these episodes to the fundamental features of the dominant system. The debt crisis of the low income countries will also be part of this discussion. It will then argue that these crises could be mitigated under an Islamic system or any other system with similar architecture.
H. Askari, A. Mirakhor The Next Financial Crisis and How to Save Capitalism H. Askari, A. Mirakhor The Next Financial Crisis and How to Save Capitalism Новинка

H. Askari, A. Mirakhor The Next Financial Crisis and How to Save Capitalism

9139 руб.
Книга "The Next Financial Crisis and How to Save Capitalism".
Ted Krager Skullduggery!. The True Causes of The Financial Crisis Ted Krager Skullduggery!. The True Causes of The Financial Crisis Новинка

Ted Krager Skullduggery!. The True Causes of The Financial Crisis

2677 руб.
Книга "Skullduggery!. The True Causes of The Financial Crisis".
E. Bergmann Iceland and the International Financial Crisis. Boom, Bust and Recovery E. Bergmann Iceland and the International Financial Crisis. Boom, Bust and Recovery Новинка

E. Bergmann Iceland and the International Financial Crisis. Boom, Bust and Recovery

4464 руб.
Книга "Iceland and the International Financial Crisis. Boom, Bust and Recovery".
Sally Herigstad Help! I Can't Pay My Bills. Surviving a Financial Crisis Sally Herigstad Help! I Can't Pay My Bills. Surviving a Financial Crisis Новинка

Sally Herigstad Help! I Can't Pay My Bills. Surviving a Financial Crisis

1727 руб.
Книга "Help! I Can't Pay My Bills. Surviving a Financial Crisis".
Student Affairs Budgeting and Financial Management in the Midst of Fiscal Crisis Student Affairs Budgeting and Financial Management in the Midst of Fiscal Crisis Новинка

Student Affairs Budgeting and Financial Management in the Midst of Fiscal Crisis

3752 руб.
Книга "Student Affairs Budgeting and Financial Management in the Midst of Fiscal Crisis".
Rafael D. Mota United States, Financial and Economic Crisis. The Recovery Economics Rafael D. Mota United States, Financial and Economic Crisis. The Recovery Economics Новинка

Rafael D. Mota United States, Financial and Economic Crisis. The Recovery Economics

1827 руб.
Книга "United States, Financial and Economic Crisis. The Recovery Economics".
Katja Philipps Paradigm Shift or Groundhog Day. Katja Philipps Paradigm Shift or Groundhog Day. Новинка

Katja Philipps Paradigm Shift or Groundhog Day.

3989 руб.
Master's Thesis from the year 2013 in the subject Politics - International Politics - Region: Western Europe, grade: 2,0, University of Twente (School of Management and Governance), language: English, abstract: The United Kingdom has been at the epicentre of the global financial crisis erupting in 2007. The City of London's global interconnectedness as well as the long-established culture of regulatory self-independence triggered a near meltdown in the British banking system. Next to the immediate consequences for the British economy as a whole, the financial crisis led to a fundamental change of direction in national economic policies and destabilized a system of politics that had governed financial regulation in the UK for over two decades. The Thatcher administration had replaced the decaying manufacturing industry with a finance-led service sector and hence made the City of London the centrepiece of a self-ruling world based on the principles of privatisation and deregulation. The banking crash in September 2007, however, destroyed the illusion that an economic system which relied on light-touch financial regulation to promote the international competitiveness of the City was competent at the job of securing financial stability. The scale and prolonged effects of the financial crisis provided the central backdrop to the general election in May 2010. The financial crisis spurred ad-hoc policy responses around the globe and energized efforts to strengthen financial ...
Michal Paulus The Financial Instability Hypothesis of Hyman P. Minsky Michal Paulus The Financial Instability Hypothesis of Hyman P. Minsky Новинка

Michal Paulus The Financial Instability Hypothesis of Hyman P. Minsky

3167 руб.
The book deals with the financial instability hypothesis of Hyman P. Minsky and its application to the current financial crisis. The first part of the work summarizes the hypothesis and mentions works elaborating the hypothesis. The second part applies the hypothesis to the current financial crisis. The whole book refers to the general discussion about relations of the Minsky’s hypothesis to the current financial crisis and to the fall of the insurance company AIG Corporation. The second part concludes that many relevant parts of Minsky’s hypothesis can be applied to the recent financial crisis but important differences of the current financial system to the system in Minsky’s times should be aware of. There are two most important differences: changes in risk management and new financial instruments. At the end, the book discusses the implications of these differences for applicability of the hypothesis on the current financial crisis. It regards the fact that the recent financial crisis is caused by rational behaviour of economic agents and not by exogenous forces as the most important lesson to learn from the financial instability hypothesis of Hyman P. Minsky.
Financial Crisis Inquiry Commission The Financial Crisis Inquiry Report. FULL Final Report (Includiing Dissenting Views) Of The National Commission On The Causes Of The Financial And Economic Crisis In The United States Financial Crisis Inquiry Commission The Financial Crisis Inquiry Report. FULL Final Report (Includiing Dissenting Views) Of The National Commission On The Causes Of The Financial And Economic Crisis In The United States Новинка

Financial Crisis Inquiry Commission The Financial Crisis Inquiry Report. FULL Final Report (Includiing Dissenting Views) Of The National Commission On The Causes Of The Financial And Economic Crisis In The United States

2889 руб.
** This official edition contains more than 100 pages of dissenting views not printed in the commercial version ** In the wake of the most significant financial crisis since the Great Depression, President Obama signed into law an Act that established the Financial Crisis Inquiry Commission to "examine the causes, domestic and global, of the current financial and economic crisis in the United States. This bipartisan Commission was given a critical non-partisan mission - to examine the causes of the financial crisis that has gripped the country and to report its findings to the Congress, the President, and the American people.In the course of its research and investigation, the Commission reviewed millions of pages of documents, interviewed more than 700 witnesses, and held 19 days of public hearings in New York, Washington, D.C., and communities across the country that were hit hard by the crisis. Its final report includes the results of the Commission's inquiry and the Commission's conclusions as to the causes of the financial crisis based on this inquiry.
Robert Kolb W. Lessons from the Financial Crisis. Causes, Consequences, and Our Economic Future Robert Kolb W. Lessons from the Financial Crisis. Causes, Consequences, and Our Economic Future Новинка

Robert Kolb W. Lessons from the Financial Crisis. Causes, Consequences, and Our Economic Future

6269.82 руб.
The world's best financial minds help us understand today's financial crisis With so much information saturating the market for the everyday investor, trying to understand why the economic crisis happened and what needs to be done to fix it can be daunting. There is a real need, and demand, from both investors and the financial community to obtain answers as to what really happened and why. Lessons from the Financial Crisis brings together the leading minds in the worlds of finance and academia to dissect the crisis. Divided into three comprehensive sections-The Subprime Crisis; The Global Financial Crisis; and Law, Regulation, the Financial Crisis, and The Future-this book puts the events that have transpired in perspective, and offers valuable insights into what we must do to avoid future missteps. Each section is comprised of chapters written by experienced contributors, each with his or her own point of view, research, and conclusions Examines the market collapse in detail and explores safeguards to stop future crises Encompasses the most up-to-date analysis from today's leading financial minds We currently face a serious economic crisis, but in understanding it, we can overcome the challenges it presents. This well-rounded resource offers the best chance to get through the current situation and learn from our mistakes.
Muyanja Ssenyonga Jameaba From Financial Meltdown to A New Global Economic Order Muyanja Ssenyonga Jameaba From Financial Meltdown to A New Global Economic Order Новинка

Muyanja Ssenyonga Jameaba From Financial Meltdown to A New Global Economic Order

6359 руб.
The book examines the causes, course, and repercussions of the 2008 global financial crisis. Chapter one examines the root causes of the 2008-2009 global financial crisis, course it has taken, in the US and the Global economy. Chapter two examines the impact of the US financial crisis, which culminated into a fully fledged financial crisis and is in part to blame for the ongoing European debt and economic crisis, on US socioeconomic and politics. Chapter three presents an in-depth look at securitization, highlighting how a mix of financial liberalization amid lax financial supervision and regulation, contributed much to aggravating the impact of the 2008-2009 financial crisis. Chapter four looks at the reverberations of the global financial crisis on the global economic and political order, reflected in the emerging global economic and political order and international relations, with special emphasis on Opportunities and Challenges in Revitalizing Asia-Africa Cooperation. Chapter five takes a closer look at the opportunities and challenges for cooperation and collaboration between ASIA and African Nations within an emerging global economic and political order.
Marianne Ojo Recovering from the Global Financial Crisis. Achieving Financial Stability in Times of Uncertainty Marianne Ojo Recovering from the Global Financial Crisis. Achieving Financial Stability in Times of Uncertainty Новинка

Marianne Ojo Recovering from the Global Financial Crisis. Achieving Financial Stability in Times of Uncertainty

4489 руб.
Why are some global financial crises more difficult to recover from and overcome than others? What steps are necessary in ensuring that financial stability and recovery is facilitated? And what kind of environment has the previous financial environment evolved to and what kind of financial products have contributed to greater vulnerability in the triggering of systemic risks? These are among some of the questions that this book addresses. In highlighting the role and importance of various actors in post-crises reforms as well as the huge impact of certain factors and products that are contributing in exacerbating the magnitude and speed of transmission of financial contagion, this book provides an insight into why global financial crises have become more complicated to address than was previously the case. Within this book, the author doesn't merely identify and highlight the general root causes of global financial crises and the current issues, but gives each chapter recommendations and measures that contribute to the magnitude and severity of global financial crises.
Thomas Bernhardt The European Alternative Investment Fund Managers Directive (Aifmd) Thomas Bernhardt The European Alternative Investment Fund Managers Directive (Aifmd) Новинка

Thomas Bernhardt The European Alternative Investment Fund Managers Directive (Aifmd)

8127 руб.
The European Alternative Investment Fund Managers Directive (AIFMD) has been formulated as a response to the global financial crisis, which climaxed in the collapse of Lehman Brothers on 15 September 2008. The securitisation of real estate risks that came about by launching financial innovations such as asset-backed securities (ABS), mortgage-backed securities (MBS), collateralised debt obligations (CDO) or structured investment vehicles (SIV) contributed particularly to the fast worldwide circulation of 'poisoned' papers.Assuming that the financial crisis of 2008/2009 was the consequence of wrongfully set incentives that primarily concerned the fund managers' remuneration, the European Commission followed the ideas of Jacques de Larosière, Klaus-Heiner Lehne and Poul Nyrup Rasmussen and set the legal focus on the fund managers, as these entities launch and distribute financial products such as those mentioned above and also decide on the investment strategy that might bear systemic risks. Due to their financial market potential and in view of the design of financial products, these entities admittedly have a strong impact on the financial market development and may jointly be responsible for the realisation of systemic risks of transnational dimensions. In particular, in the view of a steady credit supply of the real economy, the enormous transnational mobility of capital and the global competition of financial market regulations, it seems doubtful whether one ca...
Chunyang Wang Government Intervention and the Subprime Mortgage Financial Crisis Chunyang Wang Government Intervention and the Subprime Mortgage Financial Crisis Новинка

Chunyang Wang Government Intervention and the Subprime Mortgage Financial Crisis

3644 руб.
The Subprime Mortgage Crisis is the worst crisis since the Great Depression. We not only see hundreds of bank failures, but also massive government interventions with trillions dollar bailouts. Many cases and data show that government bailouts did not restore but worsen investors' confidence by inducing bank runs. This book studies the recent financial crisis and government intervention from a totally new perspective. This book argues why free market is good even during the financial crisis turbulent periods.
Bent Greve The Times They Are Changing? Crisis and the Welfare State Bent Greve The Times They Are Changing? Crisis and the Welfare State Новинка

Bent Greve The Times They Are Changing? Crisis and the Welfare State

2215.41 руб.
The Times They Are Changing? Crisis and the Welfare State presents a series of readings from international policy researchers that examine the effects of the recent financial crisis on welfare states around the world. Provides comprehensive and in depth coverage of changes in welfare states as a result of the financial crisis Reveals how the financial crisis is changing our perception of the welfare states Features contributions from policy researchers and academics from around the world
Alexander Thomas K. Grant Economic Uncertainty and Financial Structure. A Study of the Obstacles to Stability Alexander Thomas K. Grant Economic Uncertainty and Financial Structure. A Study of the Obstacles to Stability Новинка

Alexander Thomas K. Grant Economic Uncertainty and Financial Structure. A Study of the Obstacles to Stability

7852 руб.
Книга "Economic Uncertainty and Financial Structure. A Study of the Obstacles to Stability".
Hussein Alasrag Global Financial crisis and Islamic finance Hussein Alasrag Global Financial crisis and Islamic finance Новинка

Hussein Alasrag Global Financial crisis and Islamic finance

8777 руб.
The world economy is currently facing a severe global crisis that has spilled from the financial sector to the real economy. The crisis can be traced back to July 2007 with the liquidity crisis due to the loss of confidence in the mortgage credit markets in the United States. The hope was that the crisis would be restricted to financial markets, with few repercussions on the real economy and the rest of the world. This hope was shattered in September 2008 as the crisis entered an acute phase, with strong downward fluctuations in the stock markets, substantially reduced rates of economic growth, and accompanied by increases in unemployment. The severity of this crisis has led to the evaluation of the foundations of the capitalist financial system and the search for ideas and solutions.Islamic economists contend that Islamic finance has an alternative that would prevent the recurrence of a similar crisis. This paper tries to note the main causes and the impacts of the financial and economic crisis.In addition to discuss the belief that the Islamic finance is a viable alternative to the ailing global financial system.
Robert T. Gemmell Self-Managed Superannuation in Retirement. A Personal History through the Global Financial Crisis Robert T. Gemmell Self-Managed Superannuation in Retirement. A Personal History through the Global Financial Crisis Новинка

Robert T. Gemmell Self-Managed Superannuation in Retirement. A Personal History through the Global Financial Crisis

2952 руб.
Книга "Self-Managed Superannuation in Retirement. A Personal History through the Global Financial Crisis".
T. Vuorenmaa Lit and Dark Liquidity with Lost Time Data. Interlinked Trading Venues around the Global Financial Crisis T. Vuorenmaa Lit and Dark Liquidity with Lost Time Data. Interlinked Trading Venues around the Global Financial Crisis Новинка

T. Vuorenmaa Lit and Dark Liquidity with Lost Time Data. Interlinked Trading Venues around the Global Financial Crisis

9477 руб.
Книга "Lit and Dark Liquidity with Lost Time Data. Interlinked Trading Venues around the Global Financial Crisis".
The Legacy of the Crash. How the Financial Crisis Changed America and Britain The Legacy of the Crash. How the Financial Crisis Changed America and Britain Новинка

The Legacy of the Crash. How the Financial Crisis Changed America and Britain

7252 руб.
Книга "The Legacy of the Crash. How the Financial Crisis Changed America and Britain".
Michael J. Mazarr Rethinking Risk in National Security. Lessons of the Financial Crisis for Risk Management Michael J. Mazarr Rethinking Risk in National Security. Lessons of the Financial Crisis for Risk Management Новинка

Michael J. Mazarr Rethinking Risk in National Security. Lessons of the Financial Crisis for Risk Management

4627 руб.
Книга "Rethinking Risk in National Security. Lessons of the Financial Crisis for Risk Management".
Sensualities/Textualities and Technologies. Writings of the Body in 21st Century Performance Sensualities/Textualities and Technologies. Writings of the Body in 21st Century Performance Новинка

Sensualities/Textualities and Technologies. Writings of the Body in 21st Century Performance

7339 руб.
Credit rating agencies play a powerful and contentious role in the governance of global financial markets. Introducing an original framework for delegating political authority to private actors, this book explains common trends in the regulatory use of private ratings for public purposes and analyzes regulatory changes after the Financial Crisis.
Silvia Weißmacher Proposals for the Regulation of Venture Capital and Private Equity after the Financial Crisis Silvia Weißmacher Proposals for the Regulation of Venture Capital and Private Equity after the Financial Crisis Новинка

Silvia Weißmacher Proposals for the Regulation of Venture Capital and Private Equity after the Financial Crisis

1639 руб.
Studienarbeit aus dem Jahr 2010 im Fachbereich BWL - Investition und Finanzierung, Note: 2,0, Technische Universität München, Sprache: Deutsch, Abstract: In this seminar paper, I demonstrate and evaluate proposals for the regulation of VC and PE including HF in Germany, Europe and the United States (US) after the global financial crisis. In the first chapter of the main part, I describe the impacts of the financial crisis on PE and VC. In the second part, a short overview of the present regulatory framework in Germany, Europe and the United States is presented. The core of this seminar paper will be chapter 4, 5 and 6 in which proposals and its assessment for a regulation of PE and VC after the financial crisis are exposed, especially the so-called Alternative Investment Fund ManagerDirective (AIFMD), an European initiative to regulate fund manger's activities. Further, the estimation of the AIFMD by the European PE and VC Association (EVCA), the "Bundesverband Deutscher Kapitalbeteiligungsgesellschaften (BVK)" and the international press will offer an all-embracing appraisal. With an executive summary, I conclude my seminar paper.
Tabitha Njuguna Impact of the 2008-2009 Global Financial Crisis in Kenya Tabitha Njuguna Impact of the 2008-2009 Global Financial Crisis in Kenya Новинка

Tabitha Njuguna Impact of the 2008-2009 Global Financial Crisis in Kenya

4358 руб.
The 2008-2009 global financial crisis which begun in the United States had severe effects on the economy. It lead to collapse of major banks and large financial institutions. The effects spread rapidly to other developed economies and emerging markets due to contagion. However, there were hardly reports of adverse effects on African economies. This paper seeks to empirically establish whether Kenya was adversely affected by the crisis. It uses financial stress index to measure the stress level in the financial sector and ordinary least square regression to assess the behavior of gross domestic product in the real economy.
Allan Malz M. Financial Risk Management. Models, History, and Institutions Allan Malz M. Financial Risk Management. Models, History, and Institutions Новинка

Allan Malz M. Financial Risk Management. Models, History, and Institutions

6269.82 руб.
Financial risk has become a focus of financial and nonfinancial firms, individuals, and policy makers. But the study of risk remains a relatively new discipline in finance and continues to be refined. The financial market crisis that began in 2007 has highlighted the challenges of managing financial risk. Now, in Financial Risk Management, author Allan Malz addresses the essential issues surrounding this discipline, sharing his extensive career experiences as a risk researcher, risk manager, and central banker. The book includes standard risk measurement models as well as alternative models that address options, structured credit risks, and the real-world complexities or risk modeling, and provides the institutional and historical background on financial innovation, liquidity, leverage, and financial crises that is crucial to practitioners and students of finance for understanding the world today. Financial Risk Management is equally suitable for firm risk managers, economists, and policy makers seeking grounding in the subject. This timely guide skillfully surveys the landscape of financial risk and the financial developments of recent decades that culminated in the crisis. The book provides a comprehensive overview of the different types of financial risk we face, as well as the techniques used to measure and manage them. Topics covered include: Market risk, from Value-at-Risk (VaR) to risk models for options Credit risk, from portfolio credit risk to structured credit products Model risk and validation Risk capital and stress testing Liquidity risk, leverage, systemic risk, and the forms they take Financial crises, historical and current, their causes and characteristics Financial regulation and its evolution in the wake of the global crisis And much more Combining the more model-oriented approach of risk management-as it has evolved over the past two decades-with an economist's approach to the same issues, Financial Risk Management is the essential guide to the subject for today's complex world.
Tafa Besarta Islamic Finance, An alternative solution to financial crisis Tafa Besarta Islamic Finance, An alternative solution to financial crisis Новинка

Tafa Besarta Islamic Finance, An alternative solution to financial crisis

4252 руб.
This book is the product of the Master Thesis Diploma in Canadian Institute of Technology. It is an empirical analysis consisting on a comparison between a sample of Islamic Banks and a sample of Conventional Banks. Financial ratios are used in order to comply with this comparison.The emphasize is in the years of the Financial Crisis, in order to show the ability of Islamic Banks to cope with such a crisis.
Minassian Garabed, Stoyancheva Dimitrina Parameters of Contemporary Financial and Economic Crisis in Bulgaria Minassian Garabed, Stoyancheva Dimitrina Parameters of Contemporary Financial and Economic Crisis in Bulgaria Новинка

Minassian Garabed, Stoyancheva Dimitrina Parameters of Contemporary Financial and Economic Crisis in Bulgaria

7502 руб.
Market economic reforms in Bulgaria began with a large-scale redistribution of capital in 1991, followed by a severe banking crisis in 1996. Within 15 months the national currency depreciated 30 times and prices rose 23 times. The situation was favorable for the introduction of a currency board and Bulgarian economy began a new life. However, the accelerated economic growth concealed the accumulation of excessive risks. The 2008 crisis revealed the full extent of cumulative effects. Looking for economic and banking stability the macroeconomic management implemented countercyclical policy measures, but the low demand, poor institutional reforms and uncertainty, both economic and political, was not resolved. Studying the parameters of contemporary economic crisis in Bulgaria the authors answer the following: What are the determinants of economic crisis in a financially stable banking system? How credit institutions transferred the exogenous financial shock to the local economy? What are and how to assess the regulatory measures effectiveness? And finally, is it permissible to speak about the financial and banking stability, provided that economic activity remained unstable?
Ulrich Sprenzel Innovation in Banking Ulrich Sprenzel Innovation in Banking Новинка

Ulrich Sprenzel Innovation in Banking

4202 руб.
Master's Thesis from the year 2015 in the subject Business economics - Banking, Stock Exchanges, Insurance, Accounting, grade: 1.3, Technical University of Munich (School of Management), course: Innovation and Business Creation, language: English, abstract: The impact of the financial crisis was a challenge for international and German banks and a test for the robustness of their business models. The consequences were stricter financial regulations introduced by Basel III and banks were forced to reduce proprietary trading and to refocus on traditional core banking business. Today supervisory authorities require sufficient and appropriate risk management systems to ensure financial stability and thus the internal operational complexity has increased and generates additional costs. In the aftermath of the financial crisis some banks are still struggling to regain competitiveness in combination with diminishing margins. In particular those banks are challenged with high dependency from interest income by deposit-financed retail banking business.In recent years financial technology companies, commonly known as FinTech, gained more importance in the financial industry and challenge banks and established business models. Digitisation is advancing in all industries and the music and media industry has already experienced a painful transformation process and a similar development is expected as well for the financial industry. Depending on how revolutionary the technological inn...
Gbolahan Alashiri Global Financial Crisis and the Nigerian Petroleum Sector Gbolahan Alashiri Global Financial Crisis and the Nigerian Petroleum Sector Новинка

Gbolahan Alashiri Global Financial Crisis and the Nigerian Petroleum Sector

9202 руб.
In 2007, the mortgage crisis in the United States of America affected financial markets and later developed into a global financial crisis.The crisis quickly spilled over to contents including Africa.initially, policy makers in Nigeria believed the Nigerian economy was insulated but sooner, the effect on the economy started manifesting(in the second quarter of 2008).One of the sectors seriously affected by the financial crisis was the oil sector which contributes largely to the economy of Nigeria. Nigeria is basically regarded as a mono economy relying heavily of export of crude oil.for some time now, crude oil contributes at least 60% of the entire nations revenue rising to over 80% at some point. The financial crisis led to a significant decline in the price of crude oil.This development significantly reduce the revenue accruing to the Nigerian Government. this work examined the extend of the impact of the recent financial crisis on the the Nigerian oil sector.
John Boatright R. Ethics in Finance John Boatright R. Ethics in Finance Новинка

John Boatright R. Ethics in Finance

3325.1 руб.
The third edition of Ethics in Finance presents an authoritative and wide-ranging examination of the major ethical issues in finance. This new edition has been expanded and thoroughly updated with extensive coverage of the recent financial crisis and the very latest developments within the financial world. Substantially updated new edition with nearly 40% new material, including sections on credit cards, mortgage lending, microfinance, risk management, derivatives, and securitization Includes coverage and references to the recent financial crisis and the very latest developments within the financial world Focuses on the practical issues that confront finance professionals, policy makers, and consumers of financial services Cites examples of the scandals that have shaken public confidence in Wall Street and world financial markets Includes numerous examples throughout to illustrate the concepts and issues described within the text
Bertrand Renaud Dynamics of Housing in East Asia Bertrand Renaud Dynamics of Housing in East Asia Новинка

Bertrand Renaud Dynamics of Housing in East Asia

9446.32 руб.
This book is the first to evaluate the organisation, behaviour and performance of six major East Asian real estate markets. It offers a unique analysis of the growth and transformation of the real estate sector across East Asia. The authors examine the interactions between volatility in the sector and the overall stability of the economy, in particular during the Asia financial crisis of 1997-98, and the global financial crisis of 2008-09. draws on the best available theoretical and empirical literature applies analytic tools in the context of East Asian institutions and policies helps understand factors affecting resilience and stability in East Asian real estate markets.
Tim Borneck The financial crisis. A crititcal analysis of its causes and consequences Tim Borneck The financial crisis. A crititcal analysis of its causes and consequences Новинка

Tim Borneck The financial crisis. A crititcal analysis of its causes and consequences

3452 руб.
Seminar paper from the year 2015 in the subject Economics - Finance, grade: 1,7, University of Applied Sciences Essen, language: English, abstract: In 2007 the biggest financial crisis after the 'Great Depression' of 1939 took place. One theoretical framework explaining financial crises of that kind was envisioned by Hyman P. Minsky (1919-1996) in the latter half of the 20th century and was not considered in this context for a long time. The most prominent part of the theoretical framework, the financial instability hypothesis (FIH), emphasises that "modern capitalist system is prone to bouts of relative instability and financial collapse. When the storm in 2007 broke it was discovered again and the world began to talk about a 'Minsky moment'. Prominent economics called the theory a required reading and championed it as visionary. Therefore it is no surprise that the book about his FIH was traded at prices over 2000 US$ right after the financial crisis. Until the year 2007 the economic world followed another school of thought. The so-called neoclassic described a world in which financial crises would only occur if ex-ogenous shocks would disturb the self-regulating power of the markets. In detail this is called the efficient market hypothesis (EMH). In addition means this that financial crises caused by systemically reason are not part of the theoretical model.On the contrary, Minsky described a cyclical model which tries to implement loan rela-tionships, ...
T.T. Ram Mohan Towards a Safer World of Banking. Bank Regulation After the Subprime Crisis T.T. Ram Mohan Towards a Safer World of Banking. Bank Regulation After the Subprime Crisis Новинка

T.T. Ram Mohan Towards a Safer World of Banking. Bank Regulation After the Subprime Crisis

4489 руб.
The book contends that, while several factors can be blamed for the financial crisis of 2007, a failure of regulation was the most important one. The changes to bank regulation that have happened since are not good enough to make the banking system a great deal safer than before We need to look at radical, out-of-the-box solutions if another major financial upheaval is to be prevented.
Elias Ngari Njiru Early Warning Indicators of a Loan Default Crisis Elias Ngari Njiru Early Warning Indicators of a Loan Default Crisis Новинка

Elias Ngari Njiru Early Warning Indicators of a Loan Default Crisis

8239 руб.
Microfinance Institutions (MFIs) operating in Cambodia experienced greater strain as the 2008 financial crisis deepened. At the onset the financial crisis, MFIs experienced unprecedented high Portfolio at Risk Ratios (PAR) and increasing loan default rates. MFIs in the country blamed these troubles on the economic slowdown attributed to the financial crisis and the lack of a credit bureau. The book analyses the trends of the major indicators of a loan default (PAR, Write-Off Ratio, Loan Loss Ratio etc) for the periods just before, during and after the 2008 financial crisis. These indicators can be used to evaluate an emerging or already existing loan default crisis in the Cambodian or any other country's Microfinance (MF) sector. The book further analyses the level of market saturation in the Cambodian MF sector. Finally, the book gives recommendations on how to manage the increasing loan default indicators and how to deal with increasing market saturation level in the Cambodian MF sector. This book is therefore recommended to anyone who is interested in academic research in the area of Microfinance, as well as for loan portfolio managers in MFIs.
Arthur Ritter Islamic Investments. An Overview and Comparison of Islamic Indices Arthur Ritter Islamic Investments. An Overview and Comparison of Islamic Indices Новинка

Arthur Ritter Islamic Investments. An Overview and Comparison of Islamic Indices

2102 руб.
Research Paper (postgraduate) from the year 2015 in the subject Business economics - Investment and Finance, grade: 18, University of St Andrews (School of Management), course: Alternative Investments, language: English, abstract: The following industry and market analysis is primarily based on the most recent Islamic Financial Services Industry Stability Report (2014) provided by the Islamic Financial Services Board.The total amount of assets in the Islamic financial industry was approximately $1.8 trillion by the end of 2013. The Islamic financial industry includes 4 major subcategories, Islamic banking, Sukuk (Islamic capital markets), Takaful (Islamic insurance) and Islamic Microfinance.By far the largest subcategory is Islamic banking with an estimate of 80% of all assets. The remaining 20% split up to Sukuk $245.3 billion, Islamic funds $68.9 billion and Takaful $18.3 billion. The Islamic financial industry is still very small in comparison to the traditional industry, however it is one of the fastest growing sectors with an Compound Annual Growth Rate (CAGR) of 17,04% between the years of 2009 and 2013. The growth in the Islamic banking industry was, on average, 20% after the recovery of the global financial crisis in 2009. Most of the assets are concentrated in Islamic countries like Gulf Cooperation Council and Malaysia. Beside these major players, other countries in the Middle East or North Africa showed a rapid growth or entered the market. Further growth, mentione...
Feng-Yuan Moh, Bing-Huei Lin Risk Issues on Banking Industry in Taiwan and Mainland China Feng-Yuan Moh, Bing-Huei Lin Risk Issues on Banking Industry in Taiwan and Mainland China Новинка

Feng-Yuan Moh, Bing-Huei Lin Risk Issues on Banking Industry in Taiwan and Mainland China

9464 руб.
The global financial crisis of September 2008 highlighted the importance of financial stability, financial soundness, and currency stability. This dissertation contributes to the literature in these areas with two studies. The first essay examines the financial characteristics of banks that use derivatives and those that do not, as well as the relationship between the use of derivatives and financial characteristics using quarterly data from all domestic banks from March 1998 to March 2009. The second essay estimates the sensitivity of stock returns to market, interest and exchange rate risks of the Chinese and Taiwanese financial institutions, and it also examines the pricing of these risk factors in the framework of Ross' (1976) arbitrage pricing theory. The two-step estimation procedure adopts a seemingly unrelated regression method using daily data for the period from 21 July 2005 to 31 December 2009. Finally, the implications of these findings for regulators, industrialists and academicians are provided in this dissertation.
Panagiotis Papadopoulos Recovery of Financial Markets and Institutions and Challenges in Post-Crisis Era Panagiotis Papadopoulos Recovery of Financial Markets and Institutions and Challenges in Post-Crisis Era Новинка

Panagiotis Papadopoulos Recovery of Financial Markets and Institutions and Challenges in Post-Crisis Era

1364 руб.
Research Paper (postgraduate) from the year 2011 in the subject Business economics - Banking, Stock Exchanges, Insurance, Accounting, grade: 70%, University of Westminster (Westminster Business School), course: MSc Finance and Accounting/ MSc International Finance, language: English, abstract: This coursework examines the effects which the financial crisis from 2007 to 2009 had in financial markets and institutions. Particularly, we are deeply analyzing the impact in the Stock Markets in the USA and Europe. We will concentrate on US stock market (S&P 500) and provide an incessant brief link to European stock markets such as FTSE 100 and DAX. The financial crisis from 2007 to 2009 is considered by many economists to be the worst crisis since the Great Depression of the 1930s. Furthermore, the use of monetary and fiscal policies and regulatory reforms is observed as well as what where the implications of these actions. Additionally, a discussion concerning the prospects of financial regulatory and the implications for the financial sector and economic growth are of great importance. To sum up, new trends and developments of the financial landscape and new challenges for partici-pants are discussed.
Henriette Marsollek Nachhaltige Unternehmensfuhrung. Eine Performance-Analyse von Nachhaltigkeitsindizes in der Finanzkrise Henriette Marsollek Nachhaltige Unternehmensfuhrung. Eine Performance-Analyse von Nachhaltigkeitsindizes in der Finanzkrise Новинка

Henriette Marsollek Nachhaltige Unternehmensfuhrung. Eine Performance-Analyse von Nachhaltigkeitsindizes in der Finanzkrise

4189 руб.
Diplomarbeit aus dem Jahr 2010 im Fachbereich BWL - Industriebetriebslehre, Note: 1,0, Europa-Universität Viadrina Frankfurt (Oder) (Wirtschaftswissenschaftliche Fakultät), Sprache: Deutsch, Abstract: Recently, the global economy has experienced a major financial crisis that has affected international companies and their stakeholders around the globe. Meanwhile, the climate change phenomenon has received wide international recognition but notlead to major national policy initiatives as were observed with the financial crisis. Nevertheless, different stakeholders are increasingly demanding companies to behave in a sustainable manner. Consequently, an increasing number of companies with sustainability strategies are benefitting from value creating stakeholder effects. Hence, the aim of this paper is to analyse the possible benefits of corporate sustainability in times of the financial crisis. An analysis of the Dow Jones Sustainability Indexes of the regions World and Europe in the financial crisis of 2007-2009 is conductedto provide information on the relative performance of the sustainability indexes compared to a market benchmark. As a result, both sustainability indexes achieve a higher financial performance measure (Omega ratio) than their benchmark index. Thus, a positive relation between corporate sustainability and financial performance in times of the crisis can be observed. This relationship is further qualitatively examined by the model of Epstein & Roy (2001) th...
Mathias Dewatripont, Jean-Charles Rochet, Jean Tirole Balancing the Banks. Global Lessons from the Financial Crisis Mathias Dewatripont, Jean-Charles Rochet, Jean Tirole Balancing the Banks. Global Lessons from the Financial Crisis Новинка

Mathias Dewatripont, Jean-Charles Rochet, Jean Tirole Balancing the Banks. Global Lessons from the Financial Crisis

2327 руб.
The financial crisis that began in 2007 in the United States swept the world, producing substantial bank failures and forcing unprecedented state aid for the crippled global financial system. Bringing together three leading financial economists to provide an international perspective, Balancing the Banks draws critical lessons from the causes of the crisis and proposes important regulatory reforms, including sound guidelines for the ways in which distressed banks might be dealt with in the future. While some recent policy moves go in the right direction, others, the book argues, are not sufficient to prevent another crisis. The authors show the necessity of an adaptive prudential regulatory system that can better address financial innovation. Stressing the numerous and complex challenges faced by politicians, finance professionals, and regulators, and calling for reinforced international coordination (for example, in the treatment of distressed banks), the authors put forth a number of principles to deal with issues regarding the economic incentives of financial institutions, the impact of economic shocks, and the role of political constraints. Offering a global perspective, Balancing the Banks should be read by anyone concerned with solving the current crisis and preventing another such calamity in the future.
John C. Bogle Stewardship. Lessons Learned from the Lost Culture of Wall Street John C. Bogle Stewardship. Lessons Learned from the Lost Culture of Wall Street Новинка

John C. Bogle Stewardship. Lessons Learned from the Lost Culture of Wall Street

1846.18 руб.
A compelling argument for why stewardship of wealth and service to others should be our highest financial priority Stewardship is the journey of financial insider John Taft towards understanding and affirming the importance of stewardship—which he has come to define as «serving others»—as a core principle for the financial services industry, the global financial system, and society at large. By defining the attributes of authentic stewardship, this book presents a path forward by analyzing the success of Canadian banks in weathering the financial crisis; evaluates the effectiveness of global financial reform efforts in making the financial system safer, sounder, and more secure; offers wealth management prescriptions for individual investors; evaluates the potential of ESG (environmental, social, and governance) investment processes as a way to instill stewardship behaviors among corporate CEOs (particularly at financial services firms); and, ultimately, calls for a return to stewardship's core principles as the key to not only minimizing the scope and consequences of future failures, but also to addressing other societal challenges. Argues for a return towards stewardship, with financial services companies doing right by their customers Analyzes the response of Canadian banks to the financial crisis to provide meaningful advice for investors and businesses alike Inspired by Taft's experience running one of the largest wealth management firms in the country during the financial crisis and his direct participation in subsequent legislative and regulatory efforts to rewrite the rules under which the U.S. securities industry operates From the man who made the decision to reimburse clients affected by the collapse of a money market mutual fund comes a compelling look at why financial service companies should start doing what's right for their customers.
Marcus Stallechner, Daniel Kolb The European Financial Stability Facility (EFSF) and the European Stability Mechanism (ESM) Marcus Stallechner, Daniel Kolb The European Financial Stability Facility (EFSF) and the European Stability Mechanism (ESM) Новинка

Marcus Stallechner, Daniel Kolb The European Financial Stability Facility (EFSF) and the European Stability Mechanism (ESM)

3052 руб.
Seminar paper from the year 2012 in the subject Economics - Monetary theory and policy, grade: 1,0, University of Applied Sciences Augsburg, language: English, abstract: The article by Marcus Stallechner and Daniel Kolb deals with the structure, objectives and principles of operation of the European Financial Stability Facility (EFSF) and the European Stability Mechanism (ESM). The focus is on the way from the emergence of those two companies, their company and capital structure, as well as on their financial support instruments and lending operations. The topicality and effects on the economy as well as the great public interest make this to an interesting article, which approaches the details and facts of the EFSF and ESM.
Thee Kian Wie Indonesia's Economy since Independence Thee Kian Wie Indonesia's Economy since Independence Новинка

Thee Kian Wie Indonesia's Economy since Independence

5514 руб.
This book contains a collection of papers on various aspects of Indonesia's economic and its industrial development. It discusses the early independence period in the 1950s; the Soeharto era (1966-1998); and the ensuing two economic crises, namely the Asian Financial Crisis of 1997/98 and the Global Financial Crisis of 2008.
Sergey Vladimirovich Gorneev The Stock Grail Disclosing the Secret. A Practical Guide Sergey Vladimirovich Gorneev The Stock Grail Disclosing the Secret. A Practical Guide Новинка

Sergey Vladimirovich Gorneev The Stock Grail Disclosing the Secret. A Practical Guide

480 руб.
WHY IT BECAME NECESSARYTO WRITE THIS BOOKCurrently social and financial crisis has engulfed the world.WAYS TO OVERCOMEOvercoming the financial crisis by participating in trading with the use of highly stable method of profit-making on the stock and OTC markets.So, let’s start the way of understanding the deepest mysteries of life…
Azim Mohammad, Subramanian Manoj Kumar Global Financial Crisis, Directors. Remuneration and Performance Azim Mohammad, Subramanian Manoj Kumar Global Financial Crisis, Directors. Remuneration and Performance Новинка

Azim Mohammad, Subramanian Manoj Kumar Global Financial Crisis, Directors. Remuneration and Performance

8789 руб.
A substantial and influential literature demonstrates conflicting evidence that director remuneration is either positively or negatively correlated with corporate performance. In some instances, studies suggested to have no link between director remuneration and corporate performance. Research interest in this topic has been further fuelled with the collapse of many multinational banks during the recent global financial crisis. In this research, a re-examination of the link between director remuneration and firm performance in the big four Australian banks is being conducted. We used both financial data and non-financial data. Financial data is retrieved from databases such as Aspect Fin Analysis and banks' annual report and non-financial data retrieved from various newspaper and other available publications. Overall this we found there is no relationship between director remuneration and firm performance in the big four banks for the period pre, during or post Global Financial Crisis. These findings also hold true with a lag and lead years and goes on to suggest that the relationship between the director remuneration and performance dosen't forge a link in the long term as well.
Ludwig Chincarini B. The Crisis of Crowding. Quant Copycats, Ugly Models, and the New Crash Normal Ludwig Chincarini B. The Crisis of Crowding. Quant Copycats, Ugly Models, and the New Crash Normal Новинка

Ludwig Chincarini B. The Crisis of Crowding. Quant Copycats, Ugly Models, and the New Crash Normal

2642.11 руб.
A rare analytical look at the financial crisis using simple analysis The economic crisis that began in 2008 revealed the numerous problems in our financial system, from the way mortgage loans were produced to the way Wall Street banks leveraged themselves. Curiously enough, however, most of the reasons for the banking collapse are very similar to the reasons that Long-Term Capital Management (LTCM), the largest hedge fund to date, collapsed in 1998. The Crisis of Crowding looks at LTCM in greater detail, with new information, for a more accurate perspective, examining how the subsequent hedge funds started by Meriwether and former partners were destroyed again by the lapse of judgement in allowing Lehman Brothers to fail. Covering the lessons that were ignored during LTCM's collapse but eventually connected to the financial crisis of 2008, the book presents a series of lessons for hedge funds and financial markets, including touching upon the circle of greed from homeowners to real estate agents to politicians to Wall Street. Guides the reader through the real story of Long-Term Capital Management with accurate descriptions, previously unpublished data, and interviews Describes the lessons that hedge funds, as well as the market, should have learned from LTCM's collapse Explores how the financial crisis and LTCM are a global phenomena rooted in failures to account for risk in crowded spaces with leverage Explains why quantitative finance is essential for every financial institution from risk management to valuation modeling to algorithmic trading Is filled with simple quantitative analysis about the financial crisis, from the Quant Crisis of 2007 to the failure of Lehman Brothers to the Flash Crash of 2010 A unique blend of storytelling and sound quantitative analysis, The Crisis of Crowding is one of the first books to offer an analytical look at the financial crisis rather than just an account of what happened. Also included are a layman's guide to the Dodd-Frank rules and what it means for the future, as well as an evaluation of the Fed's reaction to the crisis, QE1, QE2, and QE3.
Patrick Kemtzian Finance and Psychology - A never-ending love story.. Behavioural Finance and its impact on the credit crunch in 2009 Patrick Kemtzian Finance and Psychology - A never-ending love story.. Behavioural Finance and its impact on the credit crunch in 2009 Новинка

Patrick Kemtzian Finance and Psychology - A never-ending love story.. Behavioural Finance and its impact on the credit crunch in 2009

4302 руб.
In the last decades many financial crises have emerged, like the stock crash of 1987, the Asian crisis in 1997 and the global financial crisis that started in 2008. Although those crises occurred for different reasons, they all proved financial markets to be inefficient. Not all traders think rationally. Behavioural patterns cause irrationality amongst traders. Even after decades of research in this field, financial crises like the latest one in 2008 still develop out of a combination of different behavioural patterns like herding. As a consequence those patterns deserve an in-depth analysis that is conducted by the author in this work.In order to find out to what extent behavioural finance influences the decision -making process of traders and investors the seven most relevant behavioural patterns have been identified and analysed through qualitative research in form of primary research. The informal interview with the sophisticated trader Thomas Vittner serves as empirical evidence for the significance of the determined behavioural patterns. To find out, whether public investors and traders showed a herding behaviour towards analysts' stock recommendations in the financial crisis and its recovery, quantitative research has been made by conducting an experiment. Stocks performances in relation to analysts' recommendations were analysed and evaluated.The author's selected behavioural patterns are influencing traders' and investors' decision-making processe...
Axel Merk Sustainable Wealth. Achieve Financial Security in a Volatile World of Debt and Consumption Axel Merk Sustainable Wealth. Achieve Financial Security in a Volatile World of Debt and Consumption Новинка

Axel Merk Sustainable Wealth. Achieve Financial Security in a Volatile World of Debt and Consumption

1978.28 руб.
A personal finance guide for today's turbulent world Sustainable Wealth empowers you to achieve your financial goals by unleashing the shackles of debt, no matter how uncertain the future may be. Filled with in-depth insights and practical advice, this reliable resource illustrates how you can predict economic booms and busts before they happen, adapt to changing markets and plan for lasting financial stability. Over the course of his career, Axel Merk has been at the forefront of identifying major trends, a leader in the public policy debate on how to fix the economy, and guide for investors looking to navigate the global credit crisis. With this new book, Merk puts your financial decisions in a global context and shows how factors ranging from the Federal Reserve and Congress to trends in Asia and Europe influence your financial well-being. Coaches you how to recognize major economic trends before they happen Puts forth a plan to help you cope with expenses and save for retirement, while building a legacy of wealth, not a mountain of debt Reveals why «staying the course» when governments or markets change the rules may be hazardous to your wealth As investors struggle to adapt to the new financial landscape, Sustainable Wealth provides straightforward answers to the tough financial questions we face-and the tools to achieve a financially sustainable lifestyle.
Richard Davis K. Managing to the New Regulatory Reality. Doing Business Under the Dodd-Frank Act Richard Davis K. Managing to the New Regulatory Reality. Doing Business Under the Dodd-Frank Act Новинка

Richard Davis K. Managing to the New Regulatory Reality. Doing Business Under the Dodd-Frank Act

3299.34 руб.
How to manage and profit from the new financial regulatory reality Now, more than ever, navigating the new financial regulations is paramount for the survival of many large institutions. Managing to the New Regulatory Reality: Doing Business Under the Dodd-Frank Act provides the most important, need-to-know lessons for private sector management, boards of directors, policymakers, and even regulators, shedding light on the movement from crisis to panic, regulatory reform to winning under continuing financial regulatory uncertainty. Reviews the causes of 2008's financial crisis, and assesses its impact on multiple stakeholders Describes and analyzes the impact of the immediate U.S. and G20 policy and regulatory reactions on financial institutions that the crisis response triggered Explains the legislative policies, and examines how institutions and the financial services industry can make these new policies and regulations work for them All financial institutions, but especially large companies, will have to aggressively manage to the new regulatory reality. Managing to the New Regulatory Reality is the must-have survival guide to sustaining profitability despite all the new red tape.
Daniel Lacalle Life in the Financial Markets. How They Really Work And Why They Matter To You Daniel Lacalle Life in the Financial Markets. How They Really Work And Why They Matter To You Новинка

Daniel Lacalle Life in the Financial Markets. How They Really Work And Why They Matter To You

3302.64 руб.
An accessible and thorough review of the international financial markets Life in the Financial Markets—How They Really Work And Why They Matter To You offers the financial services professional, and anyone interested in knowing more about the profession, an entertaining and comprehensive analysis of the financial markets and the financial services industry. Written by Daniel Lacalle—a noted portfolio manager with EcoFin and well-known media personality—the book goes beyond a simple summary and offers solid advice on the future of the global financial markets. This great resource also includes a review of effective strategies and forecasts the trends that represent potential opportunities for investors. The book reviews the recent history of the financial crisis and includes information on hot topics such as derivatives and high frequency trading. An in-depth section on investment banking is written from the perspective of a successful practitioner and provides clarity on several complex and overly politicized elements of the banking system. The author gives an expert's perspective on the debt markets, monetary policies, and quantitative easing, and helps explain the various issues surrounding sovereign debt, the Euro crisis, and austerity versus growth policies. Comprehensive in scope, this resource also offers an analysis of investment styles, from hedge funds to «long only» investments, as well as an in-depth look at corporate communication and its impact on markets and investments. Offers an engaging and comprehensive analysis of the financial services industry Includes information on the workings of the global financial system following the economic crisis Contains a review of complex banking systems Analyzes the various investment styles and answers the most common questions pertaining to investing
Zhuo Jian Tang The Impact of the Dodd-Frank Act on the Performance of US-Listed Commercial and Savings Banks Zhuo Jian Tang The Impact of the Dodd-Frank Act on the Performance of US-Listed Commercial and Savings Banks Новинка

Zhuo Jian Tang The Impact of the Dodd-Frank Act on the Performance of US-Listed Commercial and Savings Banks

4827 руб.
Master's Thesis from the year 2015 in the subject Business economics - Investment and Finance, Peking University, language: English, abstract: The impact of financial regulation has critical importance on firm performance and profitability. The aftermath of the Financial Crisis of 2008 saw the biggest regulatory reform in the U.S. financial system since the Great Depression. One of the main causes of the crisis was the excessive risk-taking by large firms because prior financial regulations had loopholes that firms could take advantage of. This reform's intended purpose is to address and fix those failures in past regulatory oversight. With 398 proposed rules and more than 2,000 pages, the Dodd-Frank Wall Street Financial Reform and Consumer Protection Act signed into law in 2010, tackles many issues and implements many changes to the financial system. For one, it established new government oversight agencies, such as the Consumer Financial Protection Bureau (CFPB) and the Financial Stability Oversight Council (FSOC); it also outlined new capital requirement standards for banks, aimed to strengthen investor protection, increase the transparency of OTC derivatives, and improve the regulation of credit rating agencies. Our paper provides empirical evidence on whether the Dodd-Frank Act has any significant impact on the performance of U.S.-listed commercial and savings institutions while controlling for bank size. With a sample size of 640 publicly listed commercial and ...
Tim Niepel Financial Liberalization, Credit Market Imperfections and Financial System Stability Tim Niepel Financial Liberalization, Credit Market Imperfections and Financial System Stability Новинка

Tim Niepel Financial Liberalization, Credit Market Imperfections and Financial System Stability

2002 руб.
Master's Thesis from the year 2013 in the subject Business economics - Investment and Finance, grade: 1,5, Utrecht University (Utrecht School of Economics), language: English, abstract: Financial liberalization stimulates competition and thereby supposedly increasesthe efficiency of investment. A simple credit market model is developed to show that suchefficiency improvements may be disturbed by competition-induced incentives for banks toaccept higher default rates, which result in instability of the financial system. Thereby weoffer a complementary explanation to the relationship between competition and stability infinancial markets. Consequently we argue that government intervention, in the form ofintelligent regulation, is necessary to ensure the development of sustainable financialmarkets.
Sabrina Schleimer EU Financial Transaction Tax. An Effective Means to Curb Speculation in Financial Markets. Sabrina Schleimer EU Financial Transaction Tax. An Effective Means to Curb Speculation in Financial Markets. Новинка

Sabrina Schleimer EU Financial Transaction Tax. An Effective Means to Curb Speculation in Financial Markets.

3352 руб.
Bachelor Thesis from the year 2017 in the subject Economics - Finance, grade: 1.7, Berlin School of Economics and Law, language: English, abstract: The global financial crisis of 2007/08 revealed the necessity of improved stabilisation and regulation of the global as well as European financial markets. In this context, increased attention was given to financial transaction taxes and in 2011, the introduction of a European Union Financial Transaction Tax was first proposed. The objectives for this tax, set out by the European Commission, were tripartite: financial revenue generation, regulative strengthening and the improvement of the efficiency of financial markets. The aim of this thesis is to examine whether the European Union Financial Transaction Tax would be an effective means to curb speculation in the European financial markets, and a suitable tax solution for the European Union. The thesis further analyses whether this tax could increase the financial markets efficiency, and contribute to a fair and substantial contribution of the financial sector to the participating countries' public finances. In this regard, underlying theoretical concepts, potential positive effects of the transaction tax, as well as detriments and shortcomings are discussed.

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Applying the Lessons of History to Understanding Fraud Today and Tomorrow Financial Stability provides a roadmap by which the world can anticipate and avoid future financial disruptions. This unique discussion of past and present financial events offers new insights that explain economic, political, and legal antecedents of financial crises in Western markets. With a detailed discussion of the history of finance, this book shows modern investors and finance professionals how to learn from past successes and failures to gauge future market threats. Readers will gain new insight into the antecedents of todays financial markets and the political economy that surrounds them. Armed with this knowledge, they will be able to craft a strategy that steers away from financial disorder and toward maximum stability. Coverage includes discussion of capital, forecasting, and political reaction, and past, present, and future applications within all realms of business. The companion website offers additional data and research, providing a complete resource for those seeking a better understanding of the risk at hand. As the world struggles to emerge from the latest financial crisis, professionals in finance, the law and other disciplines, and the people they advise, are searching for understanding to avoid future crises. Financial Stability argues that the best lessons are learned from our own mistakes, and that the ability to look ahead depends upon our willingness to look back. Readers will: Review the historical laws, practices, and outcomes that shaped the modern day financial markets of the great western economies Understand the theory of financial stability, the roles of law and transparency, and the importance of action to punish fraud in order to prevent future contagion Work through the theoretical proofs in terms of math, law, accounting, economics, philosophy, and international trade Build a strategy for the future with consideration toward needs, sources, balance, and learning from past mistakes Everywhere around the globe, at all points in history, financial crises have always been rooted in the confluence of politics, finance, and law. Financial Stability puts the latest global financial crisis in perspective, highlighting the lessons we have already learned, and those we need to internalize today.
Продажа securitisation financial stability after financial crisis лучших цены всего мира
Посредством этого сайта магазина - каталога товаров мы очень легко осуществляем продажу securitisation financial stability after financial crisis у одного из интернет-магазинов проверенных фирм. Определитесь с вашими предпочтениями один интернет-магазин, с лучшей ценой продукта. Прочитав рекомендации по продаже securitisation financial stability after financial crisis легко охарактеризовать производителя как превосходную и доступную фирму.