Die Finanzkrise der Jahre 2008 bis 2010 hat deutlich gemacht, dass der Finanzaufsicht die nötigen Informationen fehlten, um Risikotreiber im Finanzsystem genau und rechtzeitig zu identifizieren. Um für künftige Krisen besser gewappnet zu sein, wurde eine Reihe von Gesetzgebungen in Europa und darüber hinaus verabschiedet. Umfang und Detailgrad der Daten, die seither auch aus zuvor unberücksichtigten ...
This paper links banking systems development to the colonial and legal history of African countries. Specifically, we investigate the impact of differing legal traditions on the development of existing investor and creditor protection, and on African banking systems. Based on a sample of 40 African countries from 2000 to 2016, our empirical findings show a significant dependence of current financial ...
Research comparing heterosexuals with bisexuals and homosexuals in economics and the social sciences typically relies on two strategies to identify sexual orientation in existing survey data of general populations. Probing respondents to self-report their sexual orientation is generally considered the preferred option. Since self-reports are unavailable in most large multidisciplinary surveys, often ...
We use US household survey data from 2001-2017 to investigate whether monetary policy has heterogeneous effects on women's and men's financial portfolio decisions by analyzing their equity investment. On the one hand, monetary policy significantly affects the entry decisions of women, but not of men: after a contractionary shock, the probability of women entering the stock market decreases. On the ...
