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

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 …

Developments since the introduction of the 1988 Basel Capital Accord have resulted in growing realisation that new … forms of risks have emerged and that previously existing and managed forms require further redress. The revised Capital … Accord, Basel II, evolved to a form of meta regulation – a type of regulation which involves the risk management of internal …

restructuring arises as an integral part of capital accumulation. On the aggregate level, inflation appears as stagflation, with the …

high and the overweighting of low probabilities, the Allais paradox, risk aversion, loss aversion, the Ellsberg paradox …

Last year, Romania ranked among first countries in the region as receiver of foreign direct investments and the … as attractive destination for capital placements. You exist as a country, as destination in the business environment when … Romania today maybe the most valuable country rating: the respect. The present policy of foreign direct investments in Romania …

risk neutral probabilities associated an adjustment to asymmetrical views. …