Showing 1 - 10 of 77
We examine the impact of bank competition and institutional factors on net firm entry in a sample of European manufacturing industries over the 1995-2006 period. Taking into account industry differences in the need for external finance, we find that bank competition helps firm entry. In...
Persistent link: https://www.econbiz.de/10011128097
differences in financial factors, which may reflect differences in country risk and the legal and regulatory framework that banks …
Persistent link: https://www.econbiz.de/10008494125
uncertainty. This proposition is tested using a panel of Ukrainian banks collected from NBU and covering the period 2003q1-2005q3 …. The results indicate that banks increase their lending ratios when macroeconomic uncertainty decreases. We demonstrate … that our results are robust with respect to the measurement of macroeconomic uncertainty. The reaction of banks to changes …
Persistent link: https://www.econbiz.de/10005068643
significant differences between the investors which are linked to banks and those financiers which are not. Although, the …
Persistent link: https://www.econbiz.de/10005068684
We examine the impact of bank competition and institutional factors on net firm entry in a sample of European manufacturing industries over the 1995-2006 period. Taking into account industry differences in the need for external finance, we find that bank competition helps firm entry. In...
Persistent link: https://www.econbiz.de/10005069154
This paper considers the issue of forecasting financial fragility of banks and insurances using a panel data set of … are important in the performance of banks and insurances, analyze the influences of a number of observable factors on … banking and insurance performance, and evaluate the forecasts from our model. We find that taking unobserved common factors …
Persistent link: https://www.econbiz.de/10004963890
earnings deter risk-averse individuals. In this paper I analyse the expected value and variance of income in self …-employment entry and exit under risk are estimated, which include a standard risk aversion parameter. The model predicts that the …
Persistent link: https://www.econbiz.de/10005068790
parameter of risk aversion. The simulation results indicate that flatter tax systems do not encourage, but rather discourage … people from choosing self-employment. This is explained by the reduction of entrepreneurs' income risk through progressive …
Persistent link: https://www.econbiz.de/10005069001
The paper analyses the empirical relationship between bank risk and sovereign credit risk in the euro area. Using … risk and bank risk, with the former being overall more important in explaining bank risk, than vice versa. The paper … bailout policies have reduced solvency risk in the banking sector, but partly at the expense of raising the credit risk of …
Persistent link: https://www.econbiz.de/10011164334
This article investigates the understandings and perceptions of (micro)insurance among low-income people in southern … types of insurance - among them a micro life insurance product - and how their negative and/or positive evaluations have … come about. The evidence indicates that (micro)insurance is mostly positively perceived by the participants of the focus …
Persistent link: https://www.econbiz.de/10009652506