Issue 2/2020

Policy Issues

• "Not the Time for Central Bank Digital Currency. Why Cash is still irreplaceable"
  Ansgar Belke and Edoardo Beretta

Articles

• "The Potential for Sovereign Wealth Funds to Exert Influence Through Critical Banks in the Five Smallest EU Member States: An Analysis of Malta, Cyprus, Estonia, Latvia and Lithuania"
  Jan Körnert and Thomas Junghanns

• "Corporate Change After the Global Financial Crisis: A Case Study in Direct Banking"
  Ivo Arnold

• "Financial and Monetary Stability Aspects of Global Stablecoins"
  Stefan Schäfer and Oliver Read

• "The Low-Volatility Anomaly revisited"
  Patrizia Perras, Alexander Rehberger and Niklas Wagner

Reports

• "Transformation Needed - Report on the 6th International Conference on Credit Risk Analysis and Management"
  Simone Westerfeld and Beatrix Wullschleger

• "Retail Investor Behavior, Cryptocurrencies, and Financial Market Innovation – Insights from the 5th European Retail Investment Conference (ERIC)"
  Hans-Peter Burghof, Achim Fecker, Patrick Jaquart, and Benedikt Notheisen