Acharya and Steffen (A&S), authors of “Falling short of expectations? Stress-testing the European banking system”, have written a confusing paper whose results are biased. Here's why.
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The Co-operative Bank is no longer. What was once an experiment in working class self-help has become the latest victim of rapid changes sweeping the financial sector.
Australia's Commonwealth Bank has shown that the Basel III disclosure requirements are not something to be afraid of. In fact, they are doable.
The growth in foreign ownership in the UK is something to be welcomed, not feared. Foreign firms increase competition and help disseminate new ideas as local firms copy business methods and innovation.
Director of the Centre for Economic Performance2 articles | View profile
Robert Flood and Miles Kimball on the Status of the Efficient Markets Theory - by @mileskimball http://t.co/cEY5SjDZ1r
Another bid for global expansion suggests M&S has not learned past lessons - http://t.co/ZvOR41sHKU
The Lion, The Horse, & Mass Unemployment - @azizonomics http://t.co/YphvlaEWSQ
This week's Newsletter is live: How Not to Do Macroeconomics - http://t.co/hItAPV8GC8
Robert Shiller: Against the Efficient Markets Theory - by @mileskimball http://t.co/aFtaZnDT38