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Preisgarantien im Einzelhandel scheinen auf den ersten Blick Ergebnis eines intensiven Wettbewerbs zu sein. Theoretische Analysen und empirische Studien zeigen jedoch, dass dies in der Regel nicht der Fall ist. Preisgarantien und hier vor allem Garantien, bei denen mehr als die Differenz zu...
Persistent link: https://www.econbiz.de/10010079385
We investigate the impact of agent communication networks on prices in an artificial stock market. Networks with different centralization measures are tested for their effect on the volatility of prices. Trading strategies diffuse through the different network topologies, mimetic contagion...
Persistent link: https://www.econbiz.de/10010079539
This paper employs an asymmetric component generalized autoregressive conditional heteroskedasticity (AC-GARCH) model to test the relation between securities transaction tax (STT) and market volatility. Proponents of an STT argue that such a tax will reduce market volatility by discouraging the...
Persistent link: https://www.econbiz.de/10010009121
Persistent link: https://www.econbiz.de/10010159911
In this paper, we’ll try to study the impact of banking intermediation on the economic growth in ten countries in the MENA region over the period 1990–2009 using the method of GMM estimation for dynamic panels. Our results generally show a negative correlation between all variables of...
Persistent link: https://www.econbiz.de/10010148060
government capital injections by providing an option-based illustration of how the capped ratio schedule can influence bank … interest margins and failure probability. We show that a declining capped ratio increases a bank’s volume of lending at a … reduced margin and further increases its default risk. The capped ratio schedule as such makes the bank less prudent and more …
Persistent link: https://www.econbiz.de/10010148066
This paper empirically examines the historical allegation of fraudulent behavior of bank management by scrutinizing the … balance sheet of individual bank and finds none of the Illinois free banks was without specie reserve. Applying econometric … respectively. Other liabilities like banks equity capital and notes of other banks insignificant. -- free banks ; bank …
Persistent link: https://www.econbiz.de/10010148067
Quality of asset and efficiency of bank is highly correlated. The efficiency of banking in post-liberalization period … equation to estimate the relative efficiency of different bank groups in India. The estimation using EG value is more accurate … its growth rate, inference is generated. The analysis focused on identifying relative efficiency of different bank groups …
Persistent link: https://www.econbiz.de/10010148069
The study derives the closed-form solution of the valuation of deposit insurance under forbearance for banks whose capital requirements are either solely based on the 1988 Basel Accord (BA) approach or the VaR-based approach. The study also demonstrates that the deposit insurance liability under...
Persistent link: https://www.econbiz.de/10010148074
analysis, three Islamic banks (Faisal Islamic Bank, ElBaraka Misr, and National Bank for Development) and six conventional … banks (National Bank of Egypt, Banque Misr, Bank of Alexandria, National Societe Generale Bank, Arab African International … Bank, Commercial International Bank) were used during the period from 2008 to 2010. Financial ratios were estimated from …
Persistent link: https://www.econbiz.de/10010148076