Search results for "Government Policy and Regulation"
showing 2 items of 2 documents
Quantifying Structural Subsidy Values for Systemically Important Financial Institutions
2013
Abstract Claimants to Systemically Important Financial Institutions (SIFIs) would receive transfers when governments are forced into bailouts. Ex ante, this bailout expectation lowers SIFIs’ daily funding costs. The funding cost advantage reflects both the structural level of the government support and the time-varying market valuation for such a support. Based on a large worldwide sample of banks, we estimate the value of the structural subsidy, by exploiting expectations of state support embedded in credit ratings and by applying the long-run average value of the rating bonus. The value of the structural subsidy was already sizable, 60 basis points (bp), as of the end-2007, before the cri…
Some aspects for modern solutions for strengthening social resilience as guarantee for the future well-being of an open and inclusive society
2021
Social inclusion and reduction of inequalities is becoming an increasingly topical problem in a range of OECD countries, due to the demographic structure of inhabitants and inequality of income, in many cases depending on labour contribution taking into account skills and competence often lacking for part of population gaining education many years ago. Big share of this part of the population currently is not able to keep the speed of technology development and increase of requirements for digital skills and internet use. The aim of the current research is to investigate possible solutions to address social inclusion by possible involvement in the labour market of different groups at risk –…