Consumer’s Protection in Insurance Sector after Consolidation of Financial Markets’ Supervision

Sector dominance ratio analysis of financial markets

In this paper we present a newmeasure to investigate the functional structure of financial markets, the Sector Dominance Ratio (SDR). We study the information embedded in raw and partial correlations using random matrix theory (RMT) and examine the evolution of economic sectoral makeup on a yearly and monthly basis for four stock markets, those of the US, UK, Germany and Japan, during the perio...

Group of Ten Report on Consolidation in the Financial Sector

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Group of Ten Consolidation in the Financial Sector

Infrastructure Protection in the Dutch Financial Sector

This paper presents a case study of critical infrastructure protection in the Dutch financial sector. The organizational structures are examined to discern the roles and functions that facilitate public-private cooperation. An assessment of the organizational structures is provided along with a description of how key organizations are identified. Finally, a basic model is presented that can be ...

Legal Protection in Retail Financial Markets

Given the importance of sound advice in retail financial markets and the fact that financial institutions outsource their advice services, what legal rules maximize social welfare in the market? We address this question by posing a theoretical model of retail markets in which a firm and a broker face a bilateral hidden action problem when they service clients in the market. All participants in ...