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Within bank activities, which is normally defined as the joint exercise of savings collection and credit supply, risk-taking is natural, as in many human activities. Among risks related to credit intermediation, credit risk assumes particular importance. It is most simply defined as the...
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period than our detailed education data panel, we propose a twostep estimation procedure. First, we consider a score …
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constructed and its evolution over time is shown. This indicator aids the estimation of the risks of this sector going forward and …
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