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Persistent link: https://www.econbiz.de/10013536483
leadership performance, precisely estimating the absence of a gender leadership gap. We further show that this result is …
Persistent link: https://www.econbiz.de/10014487121
. Exploiting a unique dataset, we show how age, gender, and education composition of executive teams affect risk taking of … financial institutions. First, we establish that age, gender, and education jointly affect the variability of bank performance … ; executives ; risk taking ; age ; gender ; education …
Persistent link: https://www.econbiz.de/10009509092
organizational and group-level behavior theories and empirically investigates how ex-ante board structures and gender-specific board … director appointments are gender specific and suggest that demand-side factors such as explicit and implicit norms drive women …
Persistent link: https://www.econbiz.de/10014232704
By international comparison as well as compared to other EU policies, the EU‘s Cohesion Policy (CP) evaluation system … is far developed and institutionalized. This paper analyses the remaining gaps and shortcomings in the CP evaluation … presence of a broad and imprecise CP objective function emerges as a key challenge for evaluations. The evaluation culture is …
Persistent link: https://www.econbiz.de/10014566802
Persistent link: https://www.econbiz.de/10000683167
This paper deals with stress tests for credit risk and shows how exploiting the discretion when setting up and implementing a model can drive the results of a quantitative stress test for default probabilities. For this purpose, we employ several variations of a CreditPortfolioView-style model...
Persistent link: https://www.econbiz.de/10011981523
M-PRESS-CreditRisk is a new top-down macro stress testing framework that can help supervisors gauge banks' capital adequacy related to credit risk. For the first time, it combines calibration of microprudential capital requirements and macroprudential buffers in a unified, coherent framework....
Persistent link: https://www.econbiz.de/10011663208
We introduce a novel simulation-based network approach, which provides full-edged distributions of potential interbank losses. Based on those distributions we propose measures for (i) systemic importance of single banks, (ii) vulnerability of single banks, and (iii) vulnerability of the whole...
Persistent link: https://www.econbiz.de/10012201789
In this paper we study the impact of model uncertainty, which occurs when linking a stress scenario to default probabilities, on reduced-form credit risk stress testing. This type of uncertainty is omnipresent in most macroeconomic stress testing applications due to short time series for banks'...
Persistent link: https://www.econbiz.de/10011897976