أعرض تسجيلة المادة بشكل مبسط

dc.creator Buch, Claudia M.
dc.date 1999
dc.date.accessioned 2013-10-16T06:56:45Z
dc.date.available 2013-10-16T06:56:45Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/17792
dc.identifier ppn:271664649
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/17792
dc.description The introduction of the euro marks a milestone in the process of European financial market integration. This paper analyzes the implications of the euro for cross-border banking activities. A portfolio model is used which captures the role of banks as providers of informational and of risk-diversification services. By eliminating exchange rate risks, the euro enhances the incentives of banks to expand within Euroland. Yet, while the currency bias in bank portfolios will be eliminated, the home bias will remain. It is also argued that positive diversification effects may outweigh possible negative effects on the risk taking of banks.
dc.language eng
dc.publisher Kiel Institute for the World Economy (IfW) Kiel
dc.relation Kieler Arbeitspapiere 932
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject D82
dc.subject F36
dc.subject G21
dc.subject ddc:330
dc.subject capital mobility
dc.subject European financial integration
dc.subject banking
dc.subject asymmetric information
dc.subject portfolio choice
dc.subject Finanzmarkt
dc.subject Marktintegration
dc.subject Bank
dc.subject Internationale Kapitalmobilität
dc.subject Portfolio-Management
dc.subject Europäische Wirtschafts- und Währungsunion
dc.subject Asymmetrische Information
dc.subject Bankrisiko
dc.subject Theorie
dc.subject EU-Staaten
dc.title Capital Market Integration in Euroland - The Role of Banks
dc.type doc-type:workingPaper


الملفات في هذه المادة

الملفات الحجم الصيغة عرض

لا توجد أي ملفات مرتبطة بهذه المادة.

هذه المادة تبدو في المجموعات التالية:

أعرض تسجيلة المادة بشكل مبسط