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This study examines the nature of the relationship between financial liberalization and private investment in Nigeria … was a structural break between financial liberalization and private investment in Nigeria within the period under review …
Persistent link: https://www.econbiz.de/10010927780
What is the impact of foreign bank entry on the pricing and availability of credit in developing economies? The Mexican … 2007. We construct and analyze a panel of Mexican bank financial data covering this period and find no evidence that …
Persistent link: https://www.econbiz.de/10010762708
The document estimates the risk embraced by Colombian commercial banks, and establishes a measurement of excessive risk-taking that is consistent with such estimation. The construction of the excessive-risk measurement follows the basic efficient-portfolio framework, in which the variance of an...
Persistent link: https://www.econbiz.de/10010763443
This paper discusses the role that macroeconomic uncertainty plays in banks� decisions on the optimal asset allocation. Using a portfolio model recently proposed in the literature, the paper aims at disentangling how Italian banks choose between loans and risk-free assets when uncertainty...
Persistent link: https://www.econbiz.de/10005609339
The global crisis exposed weaknesses in the Hungarian financial system that pose risks to financial stability. Excessive risk-taking by banks and households had been masked by relatively stable exchange rates, the expected early adoption of the euro and unusually lax credit conditions in...
Persistent link: https://www.econbiz.de/10008552864
preventing bank runs. Pricing deposit insurance according to the individual bank's risk seems to be the most appropriate strategy … countries as part of their national regulation of banks' risk. Current regulation of bank capital adequacy has its critics … major source of a bank's risk (about 70%). Moreover, diversification of a bank's credit-risk portfolio is not taken into …
Persistent link: https://www.econbiz.de/10005696337
controlling for other factors. In periods of increasing turmoil, bank-specific ability to accurately forecast future returns is …
Persistent link: https://www.econbiz.de/10005129626
purposes, we construct an agent-based simulation model with asset traders, commercial banks and a central bank. Our …
Persistent link: https://www.econbiz.de/10005343012
This paper reformulates the well known financial development conjecture (FDC) and supplies some new empirical evidence in its favour. The financial development conjecture, namely, that there exist strong feedback effects between real and financial development, is described in this paper by use...
Persistent link: https://www.econbiz.de/10005498084
The paper shows that traditional specialization of the Italian banking sector can explain its attenuated involvement in the financial crisis as well as its increasing difficulties to face the consequent 'real' crisis and the European crisis of the sovereign debts. However this same...
Persistent link: https://www.econbiz.de/10011157725