Similar Search Results

Relationship among cost of financial intermediation, risk, and efficiency: Empirical evidence from Bangladeshi commercial banks

Gupta, Anupam Das; Sarker, Niluthpaul; Rahman, Mohammad … - In: Cogent Economics & Finance 9 (2021) 1, pp. 1-31

The global financial crisis and stiff market competition enhance risk exposures that raise debate on the cost of financial intermediation and the supremacy of banks' efficiency. This study examines the concurrent effects of bank risk, efficiency and cost of financial intermediation of...

Persistent link: https://www.econbiz.de/10014001383

Maastricht criteria targeting and credit growth: Empirical evidences for the new EU member states

Moinescu, Bogdan Gabriel - In: Romanian Journal of Fiscal Policy (RJFP) 3 (2012) 2, pp. 58-67

The study aims to investigate the impact of credit growth on the Maastricht criteria targeting process in the new member states of the European Union. The methodological framework is based on a two-compenent transmission mechanism represented by the output gap and the nonperforming loans. The...

Persistent link: https://www.econbiz.de/10010491476

Calibration alternatives to logistic regression and their potential for transferring the dispersion of discriminatory power into uncertainties of probabilities of default

Wosnitza, Jan Henrik - 2022

The transformation of credit scores into probabilities of default plays an important role in credit risk estimation. The linear logistic regression has developed into a standard calibration approach in the banking sector. With the advent of machine learning techniques in the discriminatory phase...

Persistent link: https://www.econbiz.de/10013041410

A framework for early-warning modeling with an application to banks

Lang, Jan Hannes; Peltonen, Tuomo; Sarlin, Peter - 2018

This paper proposes a framework for deriving early-warning models with optimal out-of-sample forecasting properties and applies it to predicting distress in European banks. The main contributions of the paper are threefold. First, the paper introduces a conceptual framework to guide the process...

Persistent link: https://www.econbiz.de/10012142026

Eigentumsrechte und dynamische Wertschöpfung in der Marktwirtschaft: Ist der "Kapitalismus" ein System zur "Ausbeutung" der Unternehmen?

Pies, Ingo - 2012

In diesem Artikel wird erläutert, warum Karl Marx und Friedrich Engels den Kapitalismus fälschlicherweise für ein … System zur Ausbeutung der Arbeiter hielten. Hielte man an ihrem Ausbeutungsbegriff fest, müsste man den Kapitalismus als ein …This article explains why Karl Marx and Friedrich Engels were wrong in assuming that capitalism is a system …

Persistent link: https://www.econbiz.de/10011733827

Theoretische Grundlagen demokratischer Wirtschafts- und Gesellschaftspolitk: Der Beitrag von Joseph A. Schumpeter

Pies, Ingo - 2012

intellektueller Orientierung, aufgrund dessen der Kapitalismus Gefahr läuft, nicht an seinen Misserfolgen, sondern ausgerechnet an … ideological problem, a problem of intellectual orientation, in the course of which capitalism runs the danger of failing, not …

Persistent link: https://www.econbiz.de/10011733828

Estimating Implied Recovery Rates from the Term Structure of CDS Spreads

Jaskowski, Marcin; McAleer, Michael - 2013

Credit risk models should reflect the observation that the relevant value of collateral is generally not the average value of the asset over all possible states of nature. In most cases, the relevant value of collateral for the lender is its secondary market value in bad states of nature, where...

Persistent link: https://www.econbiz.de/10010326422

Applying, Updating and Comparing Bankruptcy Forecasting Models. The Case of Greece

Daskalakis, Nikolaos; Aggelakis, Nikolaos; Filos, John - In: Journal of Accounting and Management Information … 21 (2022) 3, pp. 335-354

Research Question - This study examines whether bankruptcy prediction models work well during recessionary periods, on an advanced economy, and how their results can be improved, via a methodological approach to change the coefficients of their variables. Motivation - This is the first study to...

Persistent link: https://www.econbiz.de/10015195837

A Hybrid Device of Self Organizing Maps (SOM) and Multivariate Adaptive Regression Splines (MARS) for the Forecasting of Firms' Bankruptcy

De Andres, Javier; Sánchez-Lasheras, Fernando; Lorca, Pedro - In: Journal of Accounting and Management Information … 10 (2011) 3, pp. 351-374

This paper proposes a hybrid approach to the forecasting of firms' bankruptcy of Spanish enterprises from the construction sector. Our proposal starts splitting the group of healthy companies into two subgroups: borderline and non-borderline companies. Borderline companies are healthy companies...

Persistent link: https://www.econbiz.de/10015195990

Wind-down of bank trading books: Operational aspects and hidden costs

Santoni, Alessandro; Rossignol, Ghislain; Akhouen, Richard - 2023

The writing of this article predates by several months the failure of Silicon Valley Bank and the takeover of Credit Suisse which occurred in March 2023. It does not represent the views of the European Central Bank (ECB) and should not be construed as linked to or an advice for the winding down...

Persistent link: https://www.econbiz.de/10014374601