Haku

Using a global sample, this study sketches the impact of insurance regulations on the life insurance sector, revealing a significant negative association between supervisory control on policy conditions of life annuities ...

Studying formation of inflation expectations in the euro area we propose a novel method, integrating rational, adaptive and sticky-information models. We find that in recent turbulent times, formation of inflation expectations ...

A number of recent studies compare the performance of Islamic and conventional banks with the use of individual financial ratios or efficiency frontier techniques. The present study extends this strand of the literature, ...

Theoretically, the effect of conventional monetary policy may reverse when policy rates are cut negative. Empirical literature provides evidence that cutting policy rates extremely low can be harmful for bank lending. Using ...