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Estimación de reservas en una compañía aseguradora: Una aplicación en Excel del método Chain-Ladder y Bootstrap
Álvarez-Jareño, José Antonio; Coll-Serrano, Vicente - In: Revista de Métodos Cuantitativos para la Economía y … 14 (2012), pp. 124-136
Insurance companies have to estimate reserves and provisions to cover the payment of either unreported claims or … unsettled claims. In this paper, we apply the Chain-Ladder method to obtain a point estimate of reserves, and then we use the … bootstrap technique to estimate the margin of error and the confidence interval of the reserves. Since estimating reserves is a …
Persistent link: https://www.econbiz.de/10011307180
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Sovereigns, Upstream Capital Flows and Global Imbalances
Alfaro, Laura; Kalemli-Ozcan, Sebnem; Volosovych, Vadym - 2011
We decompose capital flows -- both debt and equity -- into public and private components and study their relationship with productivity growth. This exercise reveals that international capital flows are mainly shaped by government decisions and sovereign to sovereign transactions. Specifically,...
Persistent link: https://www.econbiz.de/10010326265
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Structural shift in global natural gas markets: Demand boom in Asia, supply shock in the US
Holz, Franziska; Richter, Philipp M.; von Hirschhausen, … - In: DIW Economic Bulletin 3 (2013) 11/12, pp. 13-20
The significance of natural gas is on the rise due to the restructuring and decarbonization of energy systems worldwide. Natural gas is widely available and flexible as it can be used in electricity generation, manufacturing, transport, and private households. Compared to other fossil fuels,...
Persistent link: https://www.econbiz.de/10010327601
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The European Natural Gas Market: Imports to Rise Considerably
Engerer, Hella; Horn, Manfred - In: Weekly Report 5 (2009) 18, pp. 122-129
considerably. To ensure according supplies is possible in the long run, as approximately 80% of the world's natural gas reserves …
Persistent link: https://www.econbiz.de/10011601271
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Internationalization of the Chinese Renminbi: An Opportunity for China
Stier, Olaf; Bernoth, Kerstin; Fisher, Alexander - In: Weekly Report 6 (2010) 17, pp. 126-132
China has taken first steps hinting at an internationalization of the Renminbi: The country has begun cautious action for opening up its capital account and allowed currency fluctuations within a certain limit between 2005 and 2008. Promoting Hong Kong as a test center for the Renminbi's...
Persistent link: https://www.econbiz.de/10011601306
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Die Internationalisierung des chinesischen Renminbi: eine Chance für China
Stier, Olaf; Bernoth, Kerstin; Fisher, Alexander - In: DIW Wochenbericht 77 (2010) 20, pp. 10-15
China hat erste Schritte unternommen, die auf eine Internationalisierung des Renminbi hindeuten. So hat das Land vorsichtige Maßnahmen zur Öffnung der Kapitalbilanz getroffen und 2005 Währungsschwankungen innerhalb einer engen Bandbreite zugelassen. Die Nutzung von Hongkong als Prüfstein...
Persistent link: https://www.econbiz.de/10011602172
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Do China and oil exporters influence major currency configurations?
Fratzscher, Marcel; Mehl, Arnaud - 2008
This paper analyses the impact of the shift away from a US dollar focus of systemically important emerging market economies (EMEs) on configurations between the US dollar, the euro and the yen. Given the difficulty that fixed or managed US dollar exchange rate regimes remain pervasive and...
Persistent link: https://www.econbiz.de/10011605019
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Memorable Encounters? Own and Neighbours' Experience with IMF Conditionality and IMF Stigma
Andone, Irina; Scheubel, Beatrice D. - 2017
While the consequences and effectiveness of IMF conditionality have long been the focus of research, the possible negative impact of IMF conditionality on countries’ willingness to ask for an IMF programme - often termed ‘IMF stigma’ - has recently received attention particularly from...
Persistent link: https://www.econbiz.de/10011657120
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A Large Central Bank Balance Sheet? The Role of Interbank Market Frictions
Thaler, Dominik - 2018
have had a profound impact on the working of money markets, giving rise to large excess reserves and pushing down key … interbank rates against their floor .the interest rate on reserves. With macroeconomic fundamentals improving, central banks now … between the interest on reserves and its effective lower bound. Nonetheless, a lean-balance-sheet regime that resorts to …
Persistent link: https://www.econbiz.de/10011892137
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The pungent smell of 'red herrings': Subsoil assets, rents, volatility and the resource curse
van der Ploeg, Frederick; Poelhekke, Steven - 2010
reserves at the beginning of the sample period; there is no evidence for the resource curse either and subsoil assets are no …
Persistent link: https://www.econbiz.de/10010270478