Results 321 to 330 of about 516,341 (340)

The homogenization of the financial system and financial crises

Journal of Financial Intermediation, 2008
Financial institutions, especially large banks, have reached beyond their traditional activities in recent years and have become more homogeneous as a result. Even though this brings about diversification gains, we show that their stability may fall as consequence since institutions' incentives for taking on risk and supplying liquidity deteriorate ...
Wolf Wagner, Wolf Wagner
openaire   +4 more sources

Financial Crises

SSRN Electronic Journal, 2018
Financial crises are runs on short-term debt. Whatever its form, short-term debt is an inherent feature of a market economy. A run is an information event in which holders of short-term debt no longer want to lend to banks because they receive information leading them to suspect the value of the backing for the debt, so they run.
openaire   +1 more source

Efficient Financial Crises [PDF]

open access: possible, 1972
I analyze the causes of financial crises and policies designed to mitigate their effects. I provide new evidence that the capital structure of financial institutions is significantly more illiquid than that of non-financial businesses. I develop a theory in which such differences in capital structure arise from the differences in information lenders ...
openaire   +1 more source

On Financial Crises

British Journal of Management, 2004
In the wake of September 11th, the crisis field has gained a great deal of relevance in both academic and practitioner circles. Suddenly, policymakers and managers have become interested in crisis research findings, funding is forthcoming, and academics of many a feather are flocking to the scene. Crisis used to be a ‘sexy’ topic, but it is now red hot.
openaire   +2 more sources

Financial Markets and Financial Crises

Southern Economic Journal, 1992
Warnings of the threat of an impending financial crisis are not new, but do we really know what constitutes an actual episode of crisis and how, once begun, it can be prevented from escalating into a full-blown economic collapse? Using both historical and contemporary episodes of breakdowns in financial trade, contributors to this volume draw insights ...
Charles P. Kindleberger   +1 more
openaire   +2 more sources

Home - About - Disclaimer - Privacy