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We analyze the impact of efficiency on bank risk. We also consider whether bank capital has an effect on this relationship. We model the inter-temporal relationships among efficiency, capital and risk for a large sample of commercial banks operating in the European Union. We find that reductions...
Persistent link: https://www.econbiz.de/10003973573
mitigate economic downturns in the short run and whether such impact differs in crisis and non crisis times. We use panel … ; panel analysis …
Persistent link: https://www.econbiz.de/10003983667
advanced economies during the past 20 years. This is done by estimating fiscal reaction functions using dynamic panel …
Persistent link: https://www.econbiz.de/10012135940
curve in a Markov-switching panel setting with time-varying transition probabilities for the US, Portugal and Spain using …
Persistent link: https://www.econbiz.de/10011636179
impact of EU structural funds on employment drawing on a panel dataset of 130 European NUTS regions over the time period 1999 … dynamic panel econometric approaches to control for heteroscedasticity, serial and spatial correlation as well as for … funds ; dynamic panel models ; spatial panel econometrics ; regional employment effects …
Persistent link: https://www.econbiz.de/10009405602
specific panel unit root test to investigate the meanreverting behaviour of general government expenditure and revenue ratios …. Secondly, we apply the bootstrap panel cointegration techniques that account for the time series and cross … and revenues via SUR analysis. While results imply that public finances were not unsustainable for the EU panel, fiscal …
Persistent link: https://www.econbiz.de/10003782655
Net trading income is an important but volatile source of income for many euro area banks, highly sensitive to changes in financial market conditions. Using a representative sample of European banks, we study the distribution of net trading income (normalized by total assets) conditional to...
Persistent link: https://www.econbiz.de/10012429194
policy "instrument", the structural primary balance, should be used in the estimation of fiscal policy reaction functions. In …
Persistent link: https://www.econbiz.de/10003782670
Panel Probit model over the period 1980-2007. It finds that 1) most recent housing booms have been very persistent and of a …
Persistent link: https://www.econbiz.de/10003867077
Persistent link: https://www.econbiz.de/10009765143