Author: Tryggvi Gudmundsson
Publisher: International Monetary Fund
ISBN: 1475554729
Category : Business & Economics
Languages : en
Pages : 27
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Book Description
The post-crisis financial sector framework reform remains incomplete. While capital and liquidity requirements have been strengthened, doubts remain over other aspects, including the fact that expectations of government support for systemically-important banks (SIBs) remain intact. In this paper, we use a jump diffusion option-pricing approach to provide estimates of implicit subsidies gained by these banks due to the expectation of protection to creditors provided by governments. While these subsidies have declined in the post-crisis era as volatility has declined and capital levels have increased, they remain non-trivial. Even conservative parameterizations of default and loss probabilities lead to macroeconomically significant figures.
Author: Tryggvi Gudmundsson
Publisher: International Monetary Fund
ISBN: 1475554702
Category : Business & Economics
Languages : en
Pages : 27
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Book Description
The post-crisis financial sector framework reform remains incomplete. While capital and liquidity requirements have been strengthened, doubts remain over other aspects, including the fact that expectations of government support for systemically-important banks (SIBs) remain intact. In this paper, we use a jump diffusion option-pricing approach to provide estimates of implicit subsidies gained by these banks due to the expectation of protection to creditors provided by governments. While these subsidies have declined in the post-crisis era as volatility has declined and capital levels have increased, they remain non-trivial. Even conservative parameterizations of default and loss probabilities lead to macroeconomically significant figures.
Author: Iris Claus
Publisher: John Wiley & Sons
ISBN: 1119565189
Category : Business & Economics
Languages : en
Pages : 468
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Book Description
The literature surveys presented in this edited volume provide readers with up-to-date reviews on eleven contemporary topics in finance. Topics include unconventional monetary policy, implicit bank guarantees, and financial fraud - all linked to the exceptional event of the Global Financial Crisis Explores how recent studies on inflation risk premia and finance and productivity have benefitted from new empirical methods and the availability of relevant data Demonstrates how angel investing, venture capital, relationship lending and microfinance have benefitted from increased research as they have become more seasoned Investigates crowdfunding and crypto-currencies which have both arisen from recent technological developments
Author: International Monetary Fund. Research Dept.
Publisher: International Monetary Fund
ISBN: 1475567081
Category : Business & Economics
Languages : en
Pages : 16
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Book Description
The Research Summaries in this issue of the IMF Research Bulletin cover “Tax Capacity and Growth” (by Vitor Gaspar, Laura Jaramillo, and Philippe Wingender), and “U.S. Shale Revolution and Its Spillover Effects on the Global Economy” (Ravi Balakrishnan, Keiko Honjo, Akito Matsumoto, and Andrea Pescatori). The Q&A coauthored by Amadou Sy and Mariama Sow covers “Seven Questions about the Relationship between Country Finance and Governance.” A listing of recent IMF Working Papers, Staff Discussion Notes, and Recommended Readings from IMF Publications is included in the IMF Research Bulletin. Readers can also find news on free-to-view articles from IMF Economic Review and a call for conference papers in this issue of the Bulletin.
Author: J. Leep
Publisher: Springer
ISBN: 0230612555
Category : Performing Arts
Languages : en
Pages : 198
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Book Description
Theatrical Improvisation provides an in-depth analysis of short form, long form, and sketch-based improv - tracing the development of each form and the principles that define and connect the styles of performance. Brimming with original interviews from leaders in the field such as Ron West, Charna Halpern, John Sweeny and Margaret Edwartowski, Theatrical Improvisation presents straightforward improvisational theory, history, and trends. Includes easy-to-follow resources on teaching improvisation, with assessment tools, exercises, games, and classroom assignments to enable instructors to incorporate and assess improv in the classroom. Leep offers a practical, essential, and engaging guide for anyone who wants to better understand the art, teach, or perform improvisation.
Author: Douglas W. Arner
Publisher: McGill-Queen's Press - MQUP
ISBN: 1928096905
Category : Political Science
Languages : en
Pages : 271
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Book Description
In late 2008, the world's financial system was teetering on the brink of systemic collapse. While the impacts of the global financial crisis would be felt immediately, at every level of the economy, it would also send years-long aftershocks through investment, banking and regulatory circles worldwide. More than a decade after the worst year of the global financial crisis, what has been learned from its harsh lessons? Are governments and regulators more prepared for another financial system failure that would significantly affect the real economy? What may be the potential triggers for such a collapse to occur in the future? Systemic Risk in the Financial Sector: Ten Years after the Great Crash draws on some of the world's leading experts on financial stability and regulation to examine and critique the progress made since 2008 in addressing systemic risk. The book covers topics such as central banks and macroprudential policies; fintech; regulators' perspectives from the United States and the European Union; the logistical and incentive challenges that impede standardization and collection; clearing houses and systemic risk; optimal resolution and bail-in tools; and bank leverage, welfare and regulation. Drawing on experts across disciplines — including Howell Jackson, John Geanakoplos, Charles Goodhart, Anat Admati, Roberta Romano and Martin Hellwig — Systemic Risk in the Financial Sector is the definitive guide to understanding the global financial crisis, the safeguards being put into place to try to avoid similar crises in the future, and the limitations of those safeguards.
Author: Colin Mochrie
Publisher: Diversion Publishing Corp.
ISBN: 1626811121
Category : Fiction
Languages : en
Pages : 218
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Book Description
The improv star of Whose Line Is It Anyway? puts his “unique comic vision” to work on a range of literary classics (Toronto Star). Based on the improv game First Line, Last Line, actor and comedian Colin Mochrie puts his own spin on works of classic literature. Taking the first line and last line from classic books and poems, Colin recasts these familiar stories in his own trademark offbeat style. Join in the fun as a rainy day at home becomes a zombie-killing adventure in The Cat and My Dad . . . as well as riffs on everything from A Tale of Two Cities to a classic Sherlock Holmes novel, proving that no literary masterpiece is too big, or too small, for the improvisational comedy treatment. “Colin Mochrie is a comedic and creative force to be reckoned with. Therefore, this book is a literary force to be reckoned with. If you are too lazy for reckoning, just read this book and everything will work out nicely.” —Brad Sherwood “Colin Mochrie is devastatingly handsome, perilously smart, and smells like warm maple syrup. Step inside his hilarious and complex mind, and abandon all hope.” —Aisha Tyler
Author: Olivier de Bandt
Publisher: Routledge
ISBN: 0429949553
Category : Business & Economics
Languages : en
Pages : 387
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Book Description
The ramifications of the Global Financial Crisis, which erupted in 2007, continue to surprise not only the general public but also finance professionals, economists, and journalists. Faced with this challenge, Preparing for the Next Financial Crisis goes back to basics. The authors ask: what do theory and empirical observations tell us about the causes and the consequences of financial crisis and instability? In what has become an increasingly complex financial world, what lessons can we learn from economic policies, which have been implemented, and research, which has developed extremely rapidly in recent years, so as not to repeat past mistakes? In this comprehensive review of the literature, which is both complete and balanced, the authors highlight the points of consensus among economists and policymakers. They assess the capacity of economic policies and institutions in limiting the cost of financial instability. In conclusion, they ask if the financial system has become safer, in the light especially of the Covid-19 Global Crisis. Ten years after the GFC crisis, this is a timely review of the reform agenda, the progress made, and the areas where further changes need to be made to address new risks and challenges.
Author: Steve Weisman
Publisher: Pearson Education
ISBN: 0133902528
Category : Business & Economics
Languages : en
Pages : 275
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Book Description
In Identity Theft Alert, award-winning author and attorney Steve Weisman shows you exactly what to do, and how to do it. Equally important, he also tells you what to stop doing: the common, inadvertent behaviors that could be setting you up as a victim. Weisman starts with a clear-eyed assessment of the problem, helping you understand just how much risk you face. Next, he helps you understand, anticipate, and prevent all these frightening forms of identity theft: Identity theft via Facebook and other social media ; Identity theft via your iPhone or Android smartphone ; Theft of your credit or debit cards, and other access to your finances ; Crime sprees performed in your name ; Medical identity theft that could lead to you getting the wrong treatment ? and could even kill you ; The fast-growing scourge of income tax identity theft, including stolen refunds. Don't be the next victim: read this book, follow its step-by-step advice, and protect yourself!
Author: Stephen S. J. Hall
Publisher: Educational Institute of American Hotel & Motel Association
ISBN:
Category : Business & Economics
Languages : en
Pages : 308
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Book Description
