Tags » Flight To Safety
Fly, Fly, Fly
“The euro fell to its lowest level against the dollar in nine years Monday, driven by fears of political turmoil in Greece and hopes for more monetary stimulus from the European Central Bank. 486 more words
Combating the Greek theater of the euro crisis, the Bank of Greece also faced some very real operational challenges:
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avoid a further shaking of the confidence of depositors we constantly had to supply the banking network with banknotes, so as to prevent cash shortages at bank branches or ATMs.
This paper focuses on the dynamics of cross-correlations and conditional risk premia.
Return correlations between assets with different amounts of cash-flow risk exhibit substantial variation over time. 503 more words