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institution’s credit worthiness and the return on its market value, and importantly, on the level and quality of capital … steps taken to increase resilience, notably higher capitalization. Our results suggest increased capital buffers may …
Persistent link: https://www.econbiz.de/10011142003
This paper presents a framework for quantitatively evaluating the macroeconomic effects of corporate restructuring and applies it to Japan. Using firm-level financial statement data, it estimates total factor productivity (TFP) of individual Japanese firms. Given the estimated distribution of...
Persistent link: https://www.econbiz.de/10005248188
Loan review is a process routinely used by banks to assess the current value of loan portfolios. Provisioning is a technique to translate loan review results into the balance sheet. It allows for ongoing valuation of loans. Both are core elements of credit risk management and important to...
Persistent link: https://www.econbiz.de/10005248195
employing the ratio of natural capital rather than natural resource exports to national income as an explanatory variable. We … find evidence that resource abundance, measured by the stock of natural capital, also induces a resource curse, but less …
Persistent link: https://www.econbiz.de/10005248266
banks and industrial enterprises potentially leads to increased productivity and increased capital accumulation, raising …
Persistent link: https://www.econbiz.de/10005263703
This paper examines how the macroeconomic effects of capital controls vary depending on which type of international … financial transaction they cover. Drawing on Malaysia's experiences in regulating the capital account during the 1990s, it finds …, in an error-correction model, that capital controls generally have statistically insignificant effects on the exchange …
Persistent link: https://www.econbiz.de/10005263719
presented. The interaction between leverage and risk is discussed, and a modified capital adequacy ratio is calculated, which …
Persistent link: https://www.econbiz.de/10005263810
the predictions of the neoclassical growth model. Endogenous growth models, which suggest a larger contribution of capital …
Persistent link: https://www.econbiz.de/10005263880
Jappelli and Pagano (1994) argues that tightening the borrowing constraints in the mortgage markets promotes savings. Employing a six-period overlapping generations model with endogenous growth and a method of simulation calibrated on the Middle East, this paper demonstrates that the above...
Persistent link: https://www.econbiz.de/10005263983
The Basel Committee on Banking Supervision has proposed linking capital requirements for bank loans to ratings by … on overall debt service capacity depreciations are normally supposed to have. Simulations show that linking capital … run up to the crises. Simulations suggest modest efficiency gains of using sovereign credit ratings for capital …
Persistent link: https://www.econbiz.de/10005264127