presse@iwh-halle.de
So viele Firmenpleiten wie seit Jahrzehnten nicht
Steffen Müller
Handelsblatt, 10. April 2024
The U.S. banking sector has become substantially more concentrated since the 1990s, raising questions about both the causes and implications of this consolidation.
This paper investigates, whether conventional interest rate policy of central banks is a suitable instrument to attenuate excessive mispricing in stocks as suggested by the proponents of a 'leaning against the wind' (LATW) monetary policy.
This paper investigates the impact of ample liquidity provision by the European Central Bank on the functioning of the overnight unsecured interbank market from 2008 to 2014.
We examine the impact of bank-loan supply shocks on firm outcomes and bank risk-taking employing bank-firm matched credit information for the period 2002-2012.
Nach der Finanzkrise wurden umfangreiche Reformen umgesetzt, damit Schieflagen großer Banken weniger wahrscheinlich und weniger kostspielig werden. Diese Too-big-to-fail-Reformen sind jetzt vom Financial Stability Board (FSB) evaluiert wurden. Der vorliegende Konsultationsbericht zeigt, dass Banken widerstandsfähiger geworden sind, Schocks besser abfedern können, und es bessere Möglichkeiten gibt, mit Banken in Schieflage umzugehen. Die positiven gesamtwirtschaftlichen Effekte der Reformen überwiegen; die Kreditvergabe an die Realwirtschaft hat nicht gelitten. Gleichzeitig gibt es aber auch Ansatzpunkte, das neue Regulierungsregime weiter zu verbessern.
The Halle Institute for Economic Research (IWH) – Member of the Leibniz Association and the FIRE research centre at Frankfurt School of Finance & Management were organising a joint Workshop on “Challenges to Financial Stability” on August 28th and 29th, 2017, held in Halle (Saale). The workshop provided a platform to discuss changes in the regulatory framework of the financial sector, their impact on financial stability, and consequences for the real sector.
The Halle Institute for Economic Research (IWH) - Member of the Leibniz Association and the FIRE research centre at Frankfurt School of Finance & Management were organizing a joint Workshop on 'Challenges to Financial Stability' on August 27th and 28th, 2015, held in Halle (Saale). The workshop provided a platform to discuss changes in the regulatory framework of the financial sector, their impact on financial stability, and consequences for the real sector.
Unter dem Titel "Challenges to Financial Stability" hat das Leibniz-Institut für Wirtschaftsforschung Halle (IWH) gemeinsam mit dem Forschungszentrum "Financial Intermediaries and the Real Economy (FIRE)" der Frankfurt School of Finance & Management am 19. und 20. August 2019 einen Workshop veranstaltet, um über Herausforderungen an die Finanzstabilität zu diskutieren.
We show that occasional deviations from efficient wage-setting generate strong and statedependent amplication of exogenous uncertainty shocks and contribute to explain the observed countercyclicality of empirical measures of aggregate uncertainty.
The workshop provided a platform to discuss changes in the regulatory framework of the financial sector, their impact on financial stability, and consequences for the real sector.