Browsing by Issue Date, starting with "2018-10-19"
Now showing 1 - 3 of 3
Results Per Page
Sort Options
- O dever de lealdade dos administradores : dever de não aproveitamento de oportunidades de negócio societáriasPublication . Francisco, Sérgio Diogo Ferreira Carmo; Duarte, Rui Manuel Pinto
- As consequências do incumprimento das cláusulas de declarações e garantias nos contratos de compra e venda de participações sociaisPublication . Ponte, Maria Mafalda Marcelo Fuzeta da; Duarte, Rui Manuel Pinto
- Repo markets and the financial crisisPublication . Samuel, Teresa Esther Louise Alwine; Teles, Pedro Miguel Pinho deBank runs on short term debt can lead to financial crises with short term debt being constituted in different forms. While the Great Depression in the 1930’s was shaped by a run on bank deposits, markets for repurchase agreements (repo markets) were in the center of the 2008 financial crisis. Given that repo markets provide liquidity in interbank markets and represent the main source of funding for securitized banking activities, this paper analyzes the institutional background of repos and puts them in a quantitative context using financial data. I provide evidence that changes in repo markets during the financial crisis had a similar impact on the economy as the withdrawal of bank deposits during the Great Depression.