approach consists in evaluating the effect on the manufacturing sector of an improvement in efficiency on electricity … production and distribution. Noteworthy, the improvement is consequence of an anti-competitive event (i.e. decree by which one of … quality and reliability in electricity distribution and production, it indeed embodies a positive shock. The main result is a …

uncertainty (and each single uncertainty) and change in risk aversion on each input demand. In so doing, we emphasize the …

Despite the plethora of efficiency studies in the banking literature, there is no consensus on the preferred approach … for the empirical estimation of the frontier (production, cost, profit etc.) of fully efficient firms. The present paper …

The current crisis has revealed the weaknesses of the global financial in general and its banking system in particular …, put forward a requirement for assessing the effectiveness and stability of the banking sectors across countries. Based on … available data from 64 countries over the world, the author tried to evaluate the effectiveness of the banking sectors in those …

The paper examines the interaction between risk, capital and operating efficiency in a simultaneous equation setting …

high and the overweighting of low probabilities, the Allais paradox, risk aversion, loss aversion, the Ellsberg paradox …, the equity premium puzzle, etc. The principle and its consequences can be applied in the fields of banking, investment …

The Indian banking industry is presently in a situation of great flux. There are various developments, changes within …

This paper examines the simultaneous relationship between bank capital and risk. A model is set up which assumes that … banks’ decisions regarding capital and risk are made endogenously in a dynamic pattern. A simultaneous equation system was … relationship between regulatory (equity) capital and risk which is positive (negative). However, a positive two-way relationship …

agricultural insurance program on household level production, borrowing, and saving. The empirical strategy includes both … difference-in-difference and triple difference estimations. I find that, first, introducing insurance increases the production … area of insured crops by around 20% and decreases production diversification; second, provision of insurance raises the …