Aufsätze Ökonomik

Aufsätze Pädagogik

Aufsätze Sozialethik


Prof. Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.

Abhandlungen über Johann Heinrich Jung-Stilling

Nachtodliche Belehrungen zur Ökonomik

Nachtodliche Belehrungen zu Persönlichkeiten

Nachtodliche Belehrungen zur Philosophie

Nachtodliche Belehrungen zur Theologie

Nachtodliche Belehrungen zu verschiedenen Themen


Crisis burden sharing program

An agreement, made in advance and known to all parties, on how to share losses incurred in the event of a financial crisis. Advocated by some as a measure of prudent, forward-looking policy, rejected by others as a flagrant invitation to careless behavior. – Internal and confidential (i.e., not published and known in detail only to a small circle) emergency programs that authorities – government, central bank, regulator – have shelved for such crises. – The intended or actual burden on individual economic agents in the wake of a crisis. In Germany, for example, savers had to bear a large part of the burden – according to reliable calculations, about 36 billion euros per year – by way of a diet yield (extremely low interest rate for bank deposits) to cope with the financial crisis that followed the subprime crisis. – See banking crisis, crash, contingent loss, financial crisis, financial stability report, crisis plan, London procedure, models, monetary policy, model uncertainty, moral hazard, risk-bearing capacity, shock management, single master liquidity conduit, stress test, loss-sharing arrangement, worst case scenario.

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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
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