Narrow search
Showing 1 - 10 of 397
Cover Image
Credit Cycles, Credit Risk, and Prudential Regulation
Jesus, Saurina; Gabriel, Jimenez - Volkswirtschaftliche Fakultät, … - 2006
in terms of screening of borrowers and in collateral requirements. We find robust evidence that during upturns, riskier …
Persistent link: https://www.econbiz.de/10005837127
Cover Image
Discounting Revisited. Valuations under Funding Costs, Counterparty Risk and Collateralization.
Fries, Christian P. - Volkswirtschaftliche Fakultät, … - 2010
Looking at the valuation of a swap when funding costs and counterparty risk are neglected (i.e., when there is a unique risk free discounting curve), it is natural to ask "What is the discounting curve of a swap in the presence of funding costs, counterparty risk and/or collateralization". In...
Persistent link: https://www.econbiz.de/10008530717
Cover Image
Managementul riscului de creditare: realizari actuale, analiza critica, sugestii
NUCU, Anca Elena - Volkswirtschaftliche Fakultät, … - 2011
In the context of macroeconomic uncertainty and liquidity problems existing on international markets, expanding the banking system leads to amplification interferences of a broad spectrum of risks. This article delineates the recent area of researchers’ interest in the domain of credit risk...
Persistent link: https://www.econbiz.de/10008784941
Cover Image
Impact of Economic Crisis on Innovation Behaviour of Industrial Firms In Russia
Kuznetsov, Boris - 2013
The paper focuses on empirical analysis of major factors that determine innovation activities of Russian manufacturing firms during the crisis. We presume that the crisis has ambiguous effects on firms' behaviour, on one hand limiting their financial capabilities to invest into new products...
Persistent link: https://www.econbiz.de/10013082604
Cover Image
LITIGATIONS, DAMAGES AND SOLUTIONS IN RESIDENTIAL MORTGAGE-BACKED SECURITIES
Jomadar, Dinesh - Volkswirtschaftliche Fakultät, … - 2009
Mortgage-backed securities (MBS) are debt obligations whose cash flows are backed by the principal and interest … payments of pools of mortgage loans, most commonly on residential property (Riddiough, 2001). Lenders establish underwriting … underlying assets for residential mortgage-backed securities. Individuals with strong credit qualify for traditional mortgages …
Persistent link: https://www.econbiz.de/10008866120
Cover Image
Improving credit allocation to sustainable agriculture in Sub-Saharan Africa: Review of bio-based economy benefits
Benjamin, Olatunbosun - Volkswirtschaftliche Fakultät, … - 2012
Financing of agriculture by commercial and non-commercial institutions in rural Sub-Saharan African in recent years has being relatively constant despite remarkable increase in the number of institutions operating within this area. This development may be attributed to how these institutions...
Persistent link: https://www.econbiz.de/10011258880
Cover Image
The Zeeman Effect in Finance: Libor Spectroscopy and Basis Risk Management
Marco, Bianchetti - Volkswirtschaftliche Fakultät, … - 2011
Once upon a time there was a classical financial world in which all the Libors were equal. Standard textbooks taught that simple relations held, such that, for example, a 6 months Libor Deposit was replicable with a 3 months Libor Deposits plus a 3x6 months Forward Rate Agreement (FRA), and that...
Persistent link: https://www.econbiz.de/10011259157
Cover Image
Markets Evolution After the Credit Crunch
Bianchetti, Marco; Carlicchi, Mattia - Volkswirtschaftliche Fakultät, … - 2012
diffusion of collateral agreements among OTC derivatives market counterparties, and on the consequent change of paradigm for …
Persistent link: https://www.econbiz.de/10011260721
Cover Image
Collateral Monitoring and Bank Regulation
Mallick, Indrajit - Volkswirtschaftliche Fakultät, … - 2002
We present a theory of banking regulation affecting procedural compliance in monitoring collateral in secured debt …, no ex post strategy is available to the regulator once the bad state has occurred. We argue that the collateral value is …
Persistent link: https://www.econbiz.de/10009246896
Cover Image
The cost of counterparty risk and collateralization in longevity swaps
Biffis, Enrico; Blake, David; Pitotti, Lorenzo; Sun, Ariel - Volkswirtschaftliche Fakultät, … - 2011
collateralization. We examine the impact of bilateral default risk and collateral rules on the marking to market of longevity swaps, and … show how longevity swap rates must be determined endogenously from the collateral flows associated with the marking … presence of symmetric default risk, but more pronounced when default risk and/or collateral rules are asymmetric. Our results …
Persistent link: https://www.econbiz.de/10009399166