Similar Search Results

The impact of the 1988 Basel Accord on banks' capital ratios and credit risk-taking: an international study

Roy, Patrick Van - EconWPA - 2005

inclusion of a variable measuring the role of market discipline in influencing bank capital and risk choices. All in all, the …

Persistent link: https://www.econbiz.de/10005134754

Bank Stability and Market Discipline: Debt-for-Equity Swap versus Subordinated Notes

Raviv, Alon - EconWPA - 2004

fixed income unless the value of the bank’s assets falls below a predetermined threshold. In such an event, the debt … obligation is automatically converted to the bank’s common equities. By using a contingent claims valuation approach we present … bank that includes DES or alternatively subordinated debt in its capital structure. We compare and evaluate quantitatively …

Persistent link: https://www.econbiz.de/10005413031

STRUCTURAL MODELS IN CONSUMER CREDIT

Andrade, Fabio de; Thomas, Lyn - EconWPA - 2004

We propose a structural credit risk model for consumer lending using option theory and the concept of the value of the consumer’s reputation. Using Brazilian empirical data and a credit bureau score as proxy for creditworthiness we compare a number of alternative models before suggesting one...

Persistent link: https://www.econbiz.de/10005126110

Macroeconomic evolution after a shock: the role for financial intermediation

Vinogradov, Dmitri - EconWPA - 2003

An overlapping generations model with two production factors and two types of agents is considered in presence of …nancial intermediation. The research focuses at the analysis of the consequences of a suddain negative production shock on a …nancial intermediation capacities and consequently...

Persistent link: https://www.econbiz.de/10005126268

INVESTING IN THE FINANCIAL SECTOR OF EMERGING COUNTRIES: POTENTIAL RISK AND HOW TO MANAGE THEM

HERRERO, ALICIA GARCIA; HERRERO, SONSOLES GALLEGO; … - EconWPA - 2004

The purpose of this article is to assess how the changing operations of international banks in emerging countries in the last decades have altered the risks they face as well as their mitigation techniques. The recent expansion of the international banking business through the setup of branches...

Persistent link: https://www.econbiz.de/10005556585

MODIS: A Market-Oriented Deposit Insurance Scheme

Vaez-Zadeh, Reza; Xie, Danyang; Zoli, Edda - EconWPA - 2002

This paper argues that an optimal deposit insurance scheme would allow the level of insurance coverage to be determined by the market. Based on this principle, the paper proposes an insurance scheme that minimizes distortions and embodies fairness and credibility, two essential characteristics...

Persistent link: https://www.econbiz.de/10005413124

CORPORATE CREDIT RISK MODELING: QUANTITATIVE RATING SYSTEM AND PROBABILITY OF DEFAULT ESTIMATION

Fernandes, João - EconWPA - 2005

The literature on corporate credit risk modeling for privately-held firms is scarce. Although firms with unlisted equity or debt represent a significant fraction of the corporate sector worldwide, research in this area has been hampered by the unavailability of public data. This study is an...

Persistent link: https://www.econbiz.de/10005413176

Risk in Financial Conglomerates: Management and Supervision

Lelyveld, Iman van; Schilder, Arnold - EconWPA - 2003

Financial conglomerates, combining banking, securities trading, and insurance, have become an important part of the financial landscape in many countries. Cross-sector consolidation has been fostered by trends such as disintermediation, globalization, and deregulation creating new challenges for...

Persistent link: https://www.econbiz.de/10005413195

Basel II's New Standardized Approach: Possible Effects of Implementation

Wyatt, Katherine - EconWPA - 2003

bank to 83% of minimum required capital for a specialty bank. In this paper, we present a breakdown of the effects of the …

Persistent link: https://www.econbiz.de/10005413198

Further evidence on the link between finance and growth: An international analysis of community banking and economic performance

Berger, Allen N.; Hasan, Iftekhar; Klapper, Leora F. - EconWPA - 2004

found for hypothesized transmission mechanisms through improved financing for SMEs or greater overall bank credit flows. The …

Persistent link: https://www.econbiz.de/10005134638

1
2
3
4
5
6
7
8
9
10
Next
Last