Economic Policy - Recent Findings from London Business School Provides New Insights into Economic Policy
2014 FEB 28 (VerticalNews) -- By a News Reporter-Staff News Editor at Economics Week -- Researchers detail new data in Economic Policy. According to news reporting out of London, United Kingdom, by VerticalNews editors, research stated, "To what extent does the availability of credit depend on monetary policy? And, does this relationship vary with bank characteristics? Based on a common source of balance sheet data for the four largest economies of the eurozone over the period 1999-2011, we find that the effects of monetary policy on bank lending are significant and heterogeneous in Germany and Italy - which are characterized by a large number of banks - but are weaker and more homogeneous in Spain and France - whose banking industry has a higher degree of market concentration. In particular, monetary policy appears to exert larger effects on cooperative and savings banks with lower liquidity and lesser capital in Germany and savings banks with smaller size in Italy. ...read more
Economic Policy - New Findings on Economic Policy Described by Investigators at University of Cologne
2014 FEB 28 (VerticalNews) -- By a News Reporter-Staff News Editor at Economics Week -- A new study on Economic Policy is now available. According to news reporting originating in Cologne, Germany, by VerticalNews journalists, research stated, "The current debt crisis has given rise to a debate concerning deeper fiscal integration in Europe. The view is widespread that moving towards a fiscal union' would have stabilizing effects in case of macroeconomic shocks. ...read more
Economic Policy - Studies from Georgetown University Yield New Information about Economic Policy
2014 FEB 20 (VerticalNews) -- By a News Reporter-Staff News Editor at Politics & Government Week -- Current study results on Economic Policy have been published. According to news reporting from Washington, District of Columbia, by VerticalNews journalists, research stated, "This study explores the level of compliance and the subsequent economic performance of states in the context of anti-money laundering (AML) regulations."
The news correspondents obtained a quote from the research from Georgetown University, "Following Holmstrom and Tirole (1997) and Obstfeld and Rogoff (1998), we examine why countries admit illicit flows of money and the economic costs of these transactions. Analyzing 36 Latin American and Caribbean jurisdictions between 1960 and 2010, we find that poor institutional performance by a jurisdiction (AML ratings, blacklists with non-cooperator countries, and corruption indicators) affects negatively the investment ratio to GDP, the FDI ratio to GDP, and financial development (ratio of credit markets to GDP). ...read more
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