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of 5
pro vyhledávání: '"Zelzner, Sebastian"'
Autor:
Arnold, Lutz G., Zelzner, Sebastian
Publikováno v:
In Quarterly Review of Economics and Finance November 2022 86:186-199
Autor:
Gersbach, Hans, Zelzner, Sebastian
We provide a rationale for bank money creation in our current monetary system by investigating its merits over a system with banks as intermediaries of loanable funds. The latter system could result when CBDCs are introduced. In the loanable funds sy
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=dedup_wf_001::c377365ac5bdfe89b56edbd5b43e5614
http://publikationen.ub.uni-frankfurt.de/frontdoor/index/index/docId/63417
http://publikationen.ub.uni-frankfurt.de/frontdoor/index/index/docId/63417
Autor:
Zelzner, Sebastian
The rise of finance over the last century begs the question of whether financial markets can, and potentially have, become excessive in a way that is detrimental to the real economy. This thesis addresses the brain-drain hypothesis with regards to fi
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::2f2e6903f6ebc07b4a6e6972c5f7686f
https://epub.uni-regensburg.de/43595/
https://epub.uni-regensburg.de/43595/
Autor:
Arnold, Lutz, Zelzner, Sebastian
This paper investigates the implications of the Grossman-Stiglitz (1980) model on the informational efficiency of financial markets for the optimality of the allocation of talent to financial trading versus entrepreneurship. Informed traders make the
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=od______1687::fb4692e0a0ba04d4fb7fe3d6d67a940c
https://hdl.handle.net/10419/237981
https://hdl.handle.net/10419/237981
We incorporate occupational choice between finance and entrepreneurship into the Grossman-Stiglitz (1980) noisy rational expectations equilibrium model. Sophisticated agents produce output and create jobs as entrepreneurs or contribute to information
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=od______1687::90107e4034cbf30c2cb74e2efa61e652
https://hdl.handle.net/10419/145688
https://hdl.handle.net/10419/145688