Results 211 to 220 of about 25,225 (266)

Financial markets and fiscal discipline in the Eurozone

Structural Change and Economic Dynamics, 2021
Abstract The paper aims to investigate the existence of a trade-off between financial market confidence and national government budget dynamics in the Eurozone. By comparing two indexes, the hypothesis of the existence of a constraint between credit default swaps and public deficits from 2009:I to 2014:I is tested.
Canale Rosaria Rita   +2 more
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A Model of Market Discipline

SSRN Electronic Journal, 2020
We develop an equilibrium model where cash holdings, costly refinancing policies, and managerial incentives are jointly determined to quantify the market's influence on management's ex ante behavior. We also derive a general formula that shows how agency and financing distortions shape payouts and compensation, two easily measured quantities.
Colin Ward, Chao Ying
openaire   +1 more source

Market Discipline

2019
Abstract Free riding is endemic. But it is not the type of first-order free riding that politicians and EU officials publicly chastised. Instead, fiscal policy coordination is burdened by a serious internal enforcement problem; that is, second-order free riding.
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Financialization: Market Discipline or Capital Discipline?

2009
A crucial aspect of nearly all contemporary approaches to imperialism is the idea that the domination of neoliberalism and of the globalized financial sector of the economy produces a predatory version of capitalism, a capitalism that inherently tends towards crisis.
John Milios, Dimitris P. Sotiropoulos
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Deposit insurance and market discipline

Journal of Financial Stability, 2019
Limited coverage is a standard feature in deposit insurance schemes. It is used to limit moral hazard, and achieves this objective by reinforcing market discipline: depositors have more incentives to monitor banks’ risk-taking if they have skin in the game.
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Market Disciplines

2006
Abstract The Victorian economy was a market economy like no other — bigger, faster, richer, and more encompassing than man had previously seen. The tentacles of the market spread to every town and village, to every shop, to every place of work, binding buyers and sellers in a relationship of mutual exchange.
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Market Discipline in Financial Markets

2015
Abstract Market discipline, as the term is used in financial regulation, refers to the prevention or remediation of excessive risk-taking by banks either directly by market participants themselves or indirectly by regulators using market prices as signals of developing problems.
openaire   +1 more source

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