|
Showing 1 - 3 of
3 matches in All Departments
Since its emergence in the 1980s, the subject of Household Finance
has rapidly grown into a critical area of economic focus. Research,
policy and practitioner interest has increased as household
portfolios have become more complicated in response to financial
innovation and new challenges in retirement financing. Whilst the
earliest research was initially focussed on the limited tendency to
hold stocks and diversify risk, recent work has developed into a
broader exploration of the challenges posed by limited financial
literacy, cognition, behavioural biases and cultural
predispositions, and the ways to overcome them through financial
education, advice, institutional reform and regulation.Including an
original introduction by the editor, Household Finance brings
together the most essential papers on the subject together in a
comprehensive three-volume collection, and will be an invaluable
resource for researchers - including practitioners with an interest
in research - and students alike.
Experts from economics, finance, law, policy, and banking discuss
the design and implementation of a future capital market union in
Europe. The plan for further development of Europe's economic and
monetary union foresees the creation of a capital market union
(CMU)-a single market for capital in the entire Eurozone. The need
for citizens and firms of all European countries to have access to
funding, together with the pressure to improve the efficiency and
risk-sharing opportunities of the financial system in general, put
the CMU among the top priorities on the Eurozone's agenda. In this
volume, leading academics in economics, finance, and law, along
with policy makers and practitioners, discuss the design and
implementation of a future CMU. Contributors describe the key
design challenges of the CMU; specific opportunities and obstacles
for reaching the CMU's goals of increasing the economic well-being
of households and the profitability and viability of firms; the
role that markets-from the latest fintech developments to
traditional equity markets-can play in the future success of CMU;
and the institutional framework needed for CMU in the aftermath of
the global recession. Contributors Sumit Agarwal, Franklin Allen,
Valentina Allotti, Gene Amromin, John Armour, Geert Bekaert, Itzhak
Ben-David, Marcello Bianchi, Lorenzo Bini-Smaghi, Claudio Borio,
Franziska Bremus, Marina Brogi, Claudia M. Buch, Giacomo Calzolari,
Souphala Chomsisengphet, Luca Enriques, Douglas D. Evanoff, Ester
Faia, Eilis Ferran, Jeffrey N. Gordon, Michael Haliassos, Campbell
R. Harvey, Kathryn Judge, Suzanne Kalss, Valentina Lagasio, Katya
Langenbucher, Christian T. Lundblad, Massimo Marchesi, Alexander
Michaelides, Stefano Micossi, Emanuel Moench, Mario Nava, Giorgio
Barba Navaretti, Giovanna Nicodano, Gianmarco Ottaviano, Marco
Pagano, Monica Paiella, Lubos Pastor, Alain Pietrancosta, Richard
Portes, Alberto Franco Pozzolo, Stephan Siegel, Wolfe-Georg Ringe,
Diego Valiante
The 2007 to 2009 financial crisis resulted in the re-emergence of
the debate on financial regulation and its relationships with other
macroeconomic policies, particularly monetary policy. In Europe,
the financial crisis was followed by the sovereign debt crisis, as
the bail-out of the financial sector put strains on public finances
in several countries. The sequence of events called for a
strengthening of the union, ranging from a common framework for
supervisory policy that could minimize the risk of unforeseen bank
or country defaults to a common resolution mechanism that could set
equal rules across countries and reduce ex-ante mis-incentives to
risk-taking and moral hazard. This analysis of the state of and
prospects for financial regulation examines the lending and saving
behavior of banks and households as well as their borrowing
activities in order to understand the conflicting priorities and
complicated decisions involved in the development and
implementation of financial legislation.
|
You may like...
Loot
Nadine Gordimer
Paperback
(2)
R398
R330
Discovery Miles 3 300
Wish
DVD
R448
Discovery Miles 4 480
Tenet
John David Washington, Robert Pattinson, …
DVD
R53
Discovery Miles 530
Not available
|