Showing 1 - 10 of 39
In the era of Basel II a powerful tool for bankruptcy prognosis isvital for banks. The tool must be precise but also easily adaptable tothe bank's objections regarding the relation of false acceptances (TypeI error) and false rejections (Type II error). We explore the suitabil-ity of Smooth...
Persistent link: https://www.econbiz.de/10005860752
Seit dem Sommer 2007 sind die Akteure auf den Finanzmärkten mit einer selbstverursachten Krise konfrontiert. Um eine Wiederholung in Zukunft zu vermeiden, haben die G20-Staaten am 15. November 2008 auf dem Finanzgipfel in Washington beschlossen, "alle Finanzmärkte, Finanzprodukte und...
Persistent link: https://www.econbiz.de/10011601932
Die vorliegende Studie zielt auf die Einschätzung der ökonomischen Stabilität der Haushalte in Deutschland ab. Ausgehend von der Betrachtung der unterschiedlichen Immobilienfinanzierungsregime wird anhand aggregierter und disaggregierter Haushaltsdaten die wirtschaftliche und finanzielle...
Persistent link: https://www.econbiz.de/10010377874
order to prevent the recurrence of a similar crisis in the future, the G-20 nations, at their finance summit in Washington …
Persistent link: https://www.econbiz.de/10011387132
Although banks are required to document their equity capital for loans, corporate bonds, and other receivables, they are currently exempted from the procedure when investing in government bonds: they enjoy an “equity capital privilege.” As part of the Basel III regulatory framework redraft,...
Persistent link: https://www.econbiz.de/10011675355
This paper analyzes the causal relationship between institutional diversity in domestic banking sectors and bank stability. We use a large bank- and country-level unbalanced panel data set covering the EU member states' banking sectors between 1998 and 2014. Constructing two distinct indicators...
Persistent link: https://www.econbiz.de/10012215264
We estimate firms' cash flow sensitivity of cash to empirically test how the financial system's structure and activity level influence their financial constraints. For this purpose we merge Almeida, Campello and Weisbach (2004), a pathbreaking new design for evaluating a firm's financial...
Persistent link: https://www.econbiz.de/10010271089
Persistent link: https://www.econbiz.de/10003766928
Informed capital is a crucial ingredient to a well-functioning market for start-up finance, especially in times of … not yet been answered. To fill this gap, we conduct a survey among 85 German suppliers of start-up finance. We find … Angels are the key providers of informed capital in the German market for start-up finance. -- Informed capital ; start …
Persistent link: https://www.econbiz.de/10003314893
We estimate firms' cash flow sensitivity of cash to empirically test how the financial system's structure and activity level influence their financial constraints. For this purpose we merge Almeida, Campello and Weisbach (2004), a pathbreaking new design for evaluating a firm's financial...
Persistent link: https://www.econbiz.de/10003818695