Tag Archives for definition
Contagion – Definition by Worldbank
The World Bank has a fairly comprehensive overview over different definitions of contagion and documents related to recent contagious events in the financial markets. Some excerpts: Broad Definition: Contagion is the cross-country transmission of shocks or the general cross-country spillover … Continue reading
Contagion – Definition by Calomiris
In his article on Global Financial Architecture, Charles Calomiris defines “Contagion”: Correlations in asset returns are much higher across emerging market countries during crises than at other times, and even government bond yields move together to an unusual degree during … Continue reading
Deutsche Bank – Banking and Stock Glossary
Deutsche Bank has a glossary for market and stock terms. They list the following international financial institutions: AIBD – Association of International Bond Dealers, now ICMA. BIS – Bank for International Settlements EBR – European Bank for Reconstruction and Development … Continue reading
Trilemma in financial supervision – Schoenmaker, Oosterloo
Dirk Schoenmaker and Sander Osterloo from the Dutch Finance Ministry have written an article about Cross-border issues in European financial supervision as part of the book on the Structure of Financial Regulation by David G Mayes and Geoffrey E Wood. … Continue reading
Explaining the US Housing Market – Cole Kendall
Cole Kendall has created a very well-researched series of articles on the US Housing Market on his blog Understanding the Market. As an introduction, he asks How Many Houses are there in the US?: The US has around 125 million … Continue reading
Systemic Risk – Discussion by Alexander, Eatwell, Dhumale
In their book “Global Governance of Financial Systems” the authors try to define the various dimensions of Systemic Risk. The CMAP (click on the picture to see the full picture) outlines the main concepts that the authors introduce. Systemic risk … Continue reading
Global Financial Governance – Definitions by Alexander, Eatwell and Dhumale
Alexander, Eatwell and Dhumale make this causal explanation for the need of Global Financial Governance (p. 14): In the post-Bretton-Woods-Era, banks and financial instutions have adopted innovative financial instruments to diversify earnings and to hedge against credit and market risk. … Continue reading
Global Economic Governance and IGOs – definitions by Jacobs
Didier Jacobs, special advisor to the president of Oxfam America, wrote an interesting paper called “Democraticing Global Economic Governance“. He presented this paper in May 2002 at a conference on “Alternatives to Neoliberalism” by the NGO-Coalition “New Rules for Global … Continue reading
What is a Hedge Fund (or how do they differ from mutual funds)?
Anthony Clake, who is working at Marshall Wace had to give a definition of what Hedge Funds are at the London School of Economics Alternative Investment Conference. He referred to the Wikipedia-Entry on Hedge Funds, but I found an even … Continue reading