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 insurance securities, tradable insurance credits (TICs)

Proposal from academia whereby the central bank offers banks a specific type of paper for purchase in return for a fee in profitable times. In times of crisis, the paper can then be exchanged for credit guarantees for financial products threatened by a decline in value. The background to this idea is that the central bank’s guarantee would prevent any panic selling and thus significantly reduce the economic losses of a crisis. – Critics pointed out that such crisis-proof securities could encourage banks to engage in careless business practices. – See moral hazard.

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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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