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of the crisis is discussed focusing on two main areas of policy state: aids and bank regulation and supervision. The … due to the grave systemic risks associated with bank failures. In respect of regulation and supervision, the article …
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empirical results are based on the panel data set of 22 banks from the second quarter of 2001 to the third quarter of 2005. In …
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ratings. We show that a monopolistic CRA pools sellers into multiple rating classes and has partial market coverage. This … standards. We use Standard and Poor's (S&P) entry into the market for insurance ratings previously covered by a monopolist, A ….M. Best, to empirically test the impact of entry on the information content of ratings. The empirical analysis reveals that S …
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We present evidence on the role of the social environment for the development of gender differences in competitiveness and earnings expectations. First, we document that the gender gap in competitiveness and earnings expectations is more pronounced among adolescents with low socioeconomic status...
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