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Many studies have questioned the reliability of banks� calculations of risk-weighted assets (RWA) for prudential purposes. The significant divergences found at international level are taken as indicating excessive subjectivity in the current rules governing banks� risk measurement and...
Persistent link: https://www.econbiz.de/10011100415
Persistent link: https://www.econbiz.de/10013437456
In 2007 the new framework for capital adequacy of banks (Basel 2), defined in 2004 by the Basel Committee for Banking Supervision, will replace the 1988 Accord (Basel 1) in all major countries. In the last years the Committee has carried out several impact studies in order to simulate the...
Persistent link: https://www.econbiz.de/10005113685
This paper formalizes one mechanism through which diversification in the production of research & development across …. As a result, according to the local degree of diversification in research & development, sectoral technological shocks … business cycles and the life cycle of the city: diversification in research & development allows innovations in different …
Persistent link: https://www.econbiz.de/10005113672
We use a macroeconomic euro area model with a bank sector to study the pro-cyclical effect of the capital regulation …
Persistent link: https://www.econbiz.de/10008692070
small and medium enterprises in accessing bank financing. The aim of this paper is twofold. First, we describe the …
Persistent link: https://www.econbiz.de/10009350681
A large body of literature has shown that small firms experience difficulties in accessing the credit market due to informational asymmetries. Banks can overcome these asymmetries through relationship lending, or at least mitigate their effects by asking for collateral. Small firms, especially...
Persistent link: https://www.econbiz.de/10008514815
committed to the reduction of this phenomenon. The Bank of Italy has a fundamental role in the field of financial inclusion …, and technical cooperation with other central banks. The Bank has been one of the first institutions to draw public …
Persistent link: https://www.econbiz.de/10009193018
The paper investigates the relationship between the underground economy and financial deepening. Entrepreneurs can only access external finance by disclosing credible information in formal documentation. This may be impossible for many informal producers, who lack proper accounting records....
Persistent link: https://www.econbiz.de/10005113532