Reinsurance

Explaining and forecasting the US federal funds rate

a monetary policy model for the US

This book has been written as a practical guide for finance markets professionals to explain US monetary policy and to make forecasts of future interest rate levels. Aimed at market players, familiar with US policy instruments, Explaining and Forecasting the US Federal Funds Rate will ...

The strategy and consistency of Federal Reserve monetary policy, 1924- 1933

Today, most scholars agree that mismanaged monetary policy contributed to the length and severity of the Great Depression. There is little agreement, however, about the causes of the Federal Reserve's mistakes. Some argue that leadership and other organizational changes prior to the depression caused ...

Money and the early greek mind

homer, philosophy, tragedy

How were the Greeks of the sixth century BC able to invent philosophy and tragedy? In this book Richard Seaford argues that a large part of the answer can be found in another momentous development, the invention and rapid spread of coinage which produced the ...

Central banking in the modern world

alternative perspectives

Monetarism is dead! Central bankers are all Wicksellians now! They target low inflation rates, with no regard to monetary aggregates whatsoever, by acting upon short-term real rates of interest. This is the New Consensus in monetary economics, or simply the New Keynesian Synthesis. Yet, this ...

Problemas y prácticas sobre los mercados financieros

El sistema financiero está integrado por un conjunto amplio de mercados e instituciones cuya función esencial es alcanzar la mayor eficiencia en el procesode canalización del ahorro hacia la inversión. En los primeros capítulos se plantean y resuelven problemas y cuestiones relativas a los mercados ...

The future of global financial services

This book explores the future of the financial services industry, giving readers an idea of the kinds of institutions and services that will survive in the early twenty-first century. An informative and provocative exploration of the future of the financial services industry. Focuses on likely ...

The UK financial system

theory and practice

The UK financial system presents a comprehensive explanation of the workings of the institutions and markets which make up the UK financial system, and discusses the issues affecting them. It presents key theoretical developments such as asymmetric information, the efficient markets hypothesis, behavioral economics and ...

Fianza e crescita. Quali vincoli, quali rischi

Quanto conta la finanza per la crescita? Quale il ruolo svolto dalle istituzioni, dalle banche, dalle borse, dalle imprese e dalle regole? Gli elementi da tenere in considerazione nel tentativo di dare una risposta sono molteplici e a diversi livelli: sia macroeconomico, sia microeconomico. Questo ...

Productos y servicios financieros y de seguros

El objetivo de este libro es informar y asesorar sobre productos y servicios financieros y de seguros a alumnos que estén cursando el ciclo de Técnico Superior en Administración y Finanzas. Los objetivos de este módulo profesional se concretan en las siguientes capacidades: Analizar la ...

Regulating finance

balancing freedom and risk

At a time when regulation of financial markets has been subject to major upheavals this survey will be of particular value. The author is one of the most prominent officials involved in formulating and executing regulatory policy. His concern is to ensure that the new ...

The development of China's stockmarket, 1984-2002

equity politics and market institutions

As China's government manages a transition away from the socialist plan, how does it build the regulatory institutions it needs to manage the new market economy? Without the correct institutions, laws and agencies that implement the laws in place, the remarkable growth witnessed in ...

Mercado de capitales europeo

el camino de la integración

La implantacion de la moneda unica creo el mayor mercado financiero del mundo despues del americano y propicio una mayor cohesion entre los mercados de los diferentes paises. En estos momentos, el mercado de valores europeo se encuentra en una senda irreversible hacia la integracion ...

The German financial system

A comprehensive account of the many facets of Germany's financial system, this book explains and assesses the status of the system as the world's prototype bank-based financial system at the beginning of the twenty-first century. Covering corporate governance, equity markets, debt markets, investment ...

Credit, intermediation, and the macroeconomy

readings and perspectives in modern financial theory

This combination of explanatory discussion by leading financial economists and centrally important journal articles provides comprehensive and coherent coverage of the major issues in financial theory. It will help students to understand the functioning of the financial sector and the intermediary institutions that comprise it

Globalization of financial markets

causes of incomplete integration and consequences for economic policy

The internationalization of financial markets is one of the focal points in the discussion about recent globalization trends. These discussions suggest that capital can move freely between countries. However, there is ample evidence that national borders do matter and that there are many implicit and ...

The development of the financial sector in southeast Europe

innovative approaches in volatile environments

KfW has been assigned responsibility by the German government and several other donors for projects designed to reconstruct the financial landscapes of Southeast Europe. These activities are recognized as quite successful in building sustainable financial institutions that serve the small end of the market, with ...

Exhaustion of the dollar

its implications for global prosperity

The U.S. dollar has served as the key currency of the international economic/financial system for over fifty years. This study assesses the proposition that the series of U.S. current-account deficits over the last twenty years will shortly exhaust the capability of the ...

Who pays for bank insolvency?

How to avoid taxpayers paying for bank failures and banking crises? This book provides a proposal and a critique by twelve independent experts. It is addressed particularly to the threat posed in Europe by having large international banks, a history of bailouts and limited means ...

Europeanization,european integration and financial services

developing theoretical frameworks and synthesising methodological approaches

This book deals with the political philosophy that underpins theories of European integration and develops an understanding of Europeanization based on downloading and up-loading. Downloading is the means by which EU policy is amalgamated with domestic legislation and institutions. Up- loading indicates the use of ...