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41 SSA countries to study the determinants of bank profitability. We find that apart from credit risk, higher returns on … assets are associated with larger bank size, activity diversification, and private ownership. Bank returns are affected by … credit expansion. The results also indicate moderate persistence in profitability. Causation in the Granger sen …
Persistent link: https://www.econbiz.de/10012677708
This paper analyzes the relationship between oil price shocks and bank profitability. Using data on 145 banks in 11 oil …-exporting MENA countries for 1994-2008, we test hypotheses of direct and indirect effects of oil price shocks on bank profitability …. Our results indicate that oil price shocks have indirect effect on bank profitability, channeled through country …
Persistent link: https://www.econbiz.de/10012677890
DIVERSIFICATION -- V. RIGID WAGES -- VI. CONCLUSION -- APPENDIX: THE MODEL -- REFERENCES. …
Persistent link: https://www.econbiz.de/10012691138
Sound corporate governance is essential for a well-functioning banking system and the integrity of financial markets …) strengthening further the existing banking regulations through stricter fit-and-proper rules for directors and controlling …
Persistent link: https://www.econbiz.de/10010959465
We argue that the U.S. personal saving rate's long stability (from the 1960s through the early 1980s), subsequent steady decline (1980s - 2007), and recent substantial increase (2008 - 2011) can all be interpreted using a parsimonious 'buffer stock' model of optimal consumption in the presence...
Persistent link: https://www.econbiz.de/10009622528
a given level of spending in these countries. This study analyses such risks and develops measures of fiscal risk … much less vulnerable to fiscal risk than is indicated by standard measures based on break-even prices.. …
Persistent link: https://www.econbiz.de/10012690163
PROBABILITY AND DEFAULT CORRELATION, IN STCDOS -- IV. IDIOSYNCRATIC AND SYSTEMIC RISK IN STCDO TRANCHES -- V. DATA AND EMPIRICAL …
Persistent link: https://www.econbiz.de/10012691162
Persistent link: https://www.econbiz.de/10012691193
Intro -- Contents -- I. INTRODUCTION -- II. MEASUREMENT OF MARKET RISK -- III. MEASUREMENT OF CREDIT RISK -- IV …. MEASUREMENT OF LIQUIDITY RISK -- V. AN INTEGRATED APPROACH TO RISK SENSITIVITY FOR A SECURITY WITH N RISK FACTORS -- VI. AN … INTEGRATED APPROACH TO RISK SENSITIVITY FOR A PORTFOLIO WITH N RISK FACTORS -- VII. EPILOGUE -- YIELD DEFINITIONS -- THE VALUE-AT-RISK …
Persistent link: https://www.econbiz.de/10012691196
This paper provides an updated overview of tax incentives for business investment. It begins by noting that tax competition is likely to be a major force driving countries' tax reforms, and discusses tax incentives as a possible response to this. This is complemented by other arguments for and...
Persistent link: https://www.econbiz.de/10012677716