ways to manage risk of which one of the most important forms is interest rate risk. In this paper we use the mean … on how interest rate risk affects optimal bank investment in the loan and deposit market when derivatives are available …

). By working out the sequence of market transactions, we show that the effectiveness of collateral in avoiding equilibrium …, the separation of borrower by means of sufficient collateral does not impede the emergence of credit rationing, which … results from a coordination failure among risk-neutral banks. As a consequence, even in a risk-neutral environment with …

We construct a unified framework to study credit rationing by the loan size. Due to default risk, the loan offer curve …

parameters suggest that in a situation where all producers are subjected to a common source of risk (e.g. rainfall): i) the …

-surplus regions suggest that in situations where all producers are subjected to a common source of risk (e.g. rainfall): I …

trade is inevitably initiated or taken in circumstances of uncertainty and risk. There are sometimes situations where the … between risky situations and certain situations, but between different degrees of risk and different outcomes. …

, specifically in the Romanian State Treasury, by standardizing the risk evaluation in audit (RBIA). The authors are considering that …

into the future. It proposes sound principles of risk management that make sense in today's society generally, going beyond … them, it deals with different aspects of the theory of risk-bearing. I explain current responses to global change, focusing …

Credit risk is crucial to understanding banks' production technology and should be explicitly accounted for when … modeling the latter. The banking literature has largely accounted for risk by using ex-post realizations of banks' uncertain … outputs and the variables intended to capture risk. This is equivalent to estimating an ex-post realization of bank …