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It has long been accepted that lack of social participation in wider society is oneaspect or one definition of poverty. Current concerns with the extent anddistribution of social capital as both a measure of a good society and as meansto upward mobility also emphasise the importance of social...
Persistent link: https://www.econbiz.de/10009354021
We exploit a universe dataset of state school students in England with linkedtest score records to document the evolution of attainment through school fordifferent ethnic groups. The analysis yields a number of striking findings. First,we show that, controlling for personal characteristics, all...
Persistent link: https://www.econbiz.de/10009354024
We document ethnic segregation in secondary schools in England in 2001 inorder to contribute to the debate on the degree of ethnic group social integration.We use indices of dissimilarity and isolation to compare the patterns ofsegregation across nine ethnic groups. We find that levels of ethnic...
Persistent link: https://www.econbiz.de/10009354049
distribution arising from correlated credit eventsfor any arbitrary portfolio of counterparty exposures, downto the individual … and credit migrations.1 Theimportance of tabulating the exact loss distribution ishighlighted by the fact that … that managementfaces a distribution of potential losses rather than asingle potential loss. In order to define credit risk …
Persistent link: https://www.econbiz.de/10005870073
In the view of most policymakers and economists,competition in retail banking takes place in localmarkets covering a relatively small geographic area.Banks are thought to design their services and settheir loan and deposit rates in response to the supply anddemand conditions prevailing in a...
Persistent link: https://www.econbiz.de/10005870100
individual homeowner credit histories to the loan-levelanalysis of the factors influencing the probability that a homeownerwill … refinance. In addition to credit histories, we includein the analysis changes in individual homeowner’s equity and inthe overall …
Persistent link: https://www.econbiz.de/10005870272
We consider a general equilibrium model with frictions in credit markets used by households. Inour economy, houses …
Persistent link: https://www.econbiz.de/10005870369
This study examines a problem of fiscal deficits based on the Ottoman budget of 1275 A.H. (March 1859–February 1860).1 In this period, state debt amassed rapidly due to increased market loans abroad. In order to evaluate the credibility of the Ottoman government for a new loan, Lord Hobart and...
Persistent link: https://www.econbiz.de/10005870571