This article provides a general overview of the impact of financial globalisation on financial stability, with a view to identify the sources of strength and the potential vulnerabilities. Attention is focused on the benefits of and risks f...
Mariam Camarero, Juan Carlos Cuestas, Javier Ordonez
The aim of this article is to provide additional evidence on the fulfilment of the Purchasing Power Parity (PPP) hypothesis in the so-called Mediterranean countries. In order to test for the empirical validity of such a hypothesis, we have ...
Nine treatments of a laboratory experiment are used to examine the disclosure effectiveness of financial risk regulation on investors| purchase decisions. The effectiveness of financial risk disclosures on investor purchase decisions is def...
Interest income is the most important source of revenue for most banks. The aim of this paper is to assess the impact of different interest rate scenarios on the banks| interest income. As we do not know the interest rate sensitivity of rea...
We implement the theoretical models of input hedging. In doing so, we provide decisive results regarding the marginal impact of the basis risk on the optimal hedge, hedge ratio and hedge position....
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