This paper focuses on market discipline as a necessary condition to preserve the signaling content of balance sheet indicators and market prices as macroprudential tools. It argues that market discipline enhances the information content of market prices by reflecting the expected private cost of...

Utilizando una muestra de bancos cotizados de Estados Unidos, Europa, Japón y China durante el período 2004-2014, los autores analizan el impacto que el nuevo marco de regulación prudencial aprobado en el G-20 tras la gran crisis financiera tiene sobre el riesgo bancario. El riesgo se mide en...

Information on current forest condition is essential to assess and characterize resources and to support resource management and policy decisions. The 1998 Farm Bill mandates the US Forest Service to conduct annual inventories to provide annual updates of each state's forest. In annual...

Information on current forest condition is essential to assess and characterize resources and to support resource management and policy decisions. The 1998 Farm Bill mandates the US Forest Service to conduct annual inventories to provide annual updates of each state's forest. In annual...