Results 31 to 40 of about 165,993,579 (296)
The Minsky-Kindleberger Connection and the Making of Manias, Panics, and Crashes
Œconomia, 2023 This article traces the evolution of what has come to be called the Kindleberger-Minsky model, starting with Kindleberger’s 1978 publication of Manias, Panics, and Crashes and continuing thereafter.
Perry Mehrling
doaj
ECB policy responses between 2007 and 2014: A chronological analysis and an assessment of their effects [PDF]
Panoeconomicus, 2016 The paper analyses the monetary policy responses of the European Central Bank (ECB) to the global financial crisis and the European sovereign debt crisis. Our goals are on the one hand to explain chronologically the main measures in conventional
Rodríguez Carlos, Carrasco Carlos A.
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A Theory of Collateral for the Lender of Last Resort
Review of Finance, 2017 Abstract We consider a macroprudential approach to analyze the optimal lending policy for the central bank, focusing on spillover effects that policy exerts on money markets. Lending against high-quality collateral protects central banks against losses, but can adversely affect liquidity creation in markets since high-quality ...
Dong Beom Choi +2 more
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A Model of the Lender of Last Resort [PDF]
IMF Working Papers, 1999 This paper develops a model of the lender of last resort. It provides an analytical basis for “too big too fail” and a rationale for “constructive ambiguity”. Key results are that if contagion (moral hazard) is the main concern, the Central Bank (CB) will have an excessive (little) incentive to rescue banks and the resulting equilibrium risk level is ...
Haizhou Huang, C. A. E. Goodhart
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Debates, Plans and Interventions to Overcome the 1931 Banking Crisis in Romania and Bulgaria
Jahrbuch für Wirtschaftsgeschichte, 2022 In the summer of 1931, the Austro-German banking crisis spread to Romania and Bulgaria. In the Romanian case, the management of the crisis confronted three types of protagonists – politicians, bankers and central bankers – and positions about the ...
Torre Dominique, Nenovsky Nikolay
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Drivers of tail evolution in squamates and their implications for the fossorial origin of snakes
The Anatomical Record, EarlyView.Abstract The axial skeleton serves as the primary structural support in all vertebrates and is subdivided into five distinct regions: cervical, thoracic, lumbar, sacral, and caudal. Relaxation of constraints acting on the terminal end of the axial skeleton has led to remarkable variation in caudal vertebrae number across Squamata.
Olivia Binfield +2 more
wiley +1 more source
British Educational Research Journal, EarlyView.Abstract In England, education is compulsory, but schooling is not: it is legal for families to home educate their children. This form of education is officially termed by the Department for Education as ‘Elective Home Education’. As this designation implies, many families home educate as a positive and preferential ‘choice’.
Katherine Davey +3 more
wiley +1 more source
The early prediction of bank defaults by central banks [PDF]
PanoeconomicusThis article elucidates the approach used by central banks to monitor bank stability at an early stage. Existing default prediction models use CAMELS to estimate bank stability.
Larionov Alexander Vitalevich
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The Fast, the Steady and the Tenacious: Funding Pathways for Circular Start‐Ups
Business Strategy and the Environment, EarlyView.ABSTRACT Circular start‐ups (CSUs) are critical for unlocking the circular economy, yet they face persistent barriers in accessing finance. Despite growing interest from policymakers and financing institutions, little empirical evidence explains how these ventures pursue and secure funding.
Pilar Mejía‐Vélez +4 more
wiley +1 more source
International Journal of Financial StudiesAs a cornerstone of the modern financial safety net, the Lender of Last Resort (LOLR) is essential in mitigating liquidity crises and containing financial contagion.
Wenlong Miao, Yuxian Ma, Yuanyuan Huo
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