Showing 1 - 10 of 4,261
Persistent link: https://www.econbiz.de/10009714851
Existing theories of political economy, liberal as well as Marxist, see capital as a dual entity. According to these theories, the "real" essence of capital consists of material/productive commodities, while the "financial" appearance of capital either accurately mirrors or fictitiously distorts...
Persistent link: https://www.econbiz.de/10011644934
This paper tests the role of different banks' liquidity funding structures in explaining the banks' failures, which … explaining banks' probability of default. By confirming the role of funding as the driver of banking crisis, the paper also … to strenghten banks' liquidity conditions and improve financial stability. Its correct implementation together with …
Persistent link: https://www.econbiz.de/10009203531
The paper provides an empirical analysis of aggregate banking system ratios during systemic banking crises. Drawing upon a wide cross-country dataset, we utilize parametric and nonparametric tests to assess the power of these ratios to discriminate between sound and unsound banking systems. We...
Persistent link: https://www.econbiz.de/10005768721
The banks straightening out is a concept different from the reorganization of any other commercial companies, due to … of the bank insolvency status. The present financial systemic crisis enforced some exceptional forms of banks “express …” straightening out, with the subsequent enforcement of the classic, conventional methods of banks straightening out, but, at the same …
Persistent link: https://www.econbiz.de/10008835139
Banks are growing ever larger compared to their national economies. We show that increases in relative bank size … (measured as a bank's liabilities divided by national GDP) are linked to banks displaying higher tail risk. This effect is not … entirely due to risk channels that disproportionately expose relatively large banks to systematic tail risks, sovereign risks …
Persistent link: https://www.econbiz.de/10012974803
Persistent link: https://www.econbiz.de/10011959067
If agents are exposed to continual competitive pressure, how does a short-term variation of the severity of the competition affect agents\' performance? In a real-effort laboratory experiment, we study a one-time increase in incentives in a sequence of equally incentivized contests. Our results...
Persistent link: https://www.econbiz.de/10011932925
This paper aims to present one possible retail estimation framework of lifetime probability of default in accordance with IFRS 9. The framework rests on "term structure of probability of default" conditional to given forward-looking macroeconomic dynamics. Due to the one of the biggest...
Persistent link: https://www.econbiz.de/10012217906
Resilience is the ability of an entity to manage a destabilizing shock or rise in pressure. The recently published State Resilience Index (SRI) includes ecological resilience along with several other "pillars" of state resilience. Given that indicators of subjective well-being (SWB) are...
Persistent link: https://www.econbiz.de/10014452242