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This two-part working paper series represents a distillation of practical approaches with regard to the successful management of so-called “legacy assets” which include both impaired as well as non-performing loans, particularly in those in the real estate and property sectors. This two-part...
Persistent link: https://www.econbiz.de/10011265335
Persistent link: https://www.econbiz.de/10014313949
This paper analyses market efficiency and the role of the virtual location in digital markets using a data set containing more than 23,000 price observations from the online market for contact lenses as well as detailed information about online retailer and product characteristics. The data...
Persistent link: https://www.econbiz.de/10010297335
Within the last decade, credit risk management of financial institutions has been subject to major changes due to the development of the credit derivatives market. In the past, financial institutions merely had the possibility to manage their credit portfolio by either approving or refusing a...
Persistent link: https://www.econbiz.de/10010298923
valid valuation techniques. A sound understanding of already existing credit pricing models is necessary for such a …
Persistent link: https://www.econbiz.de/10010299007
valuation techniques. A sound understanding of already existing credit pricing models is necessary for such a development. These …
Persistent link: https://www.econbiz.de/10010299008
industrial producers. The pricing of natural gas is currently a hot topic in Russia, as the Russian government proposes to … the domestic market closer to long term cost recovery. We will approach the issue of gas pricing through taxation of … impacts, environmental issues and social effects of gas pricing. We compare several scenarios of differential gas pricing …
Persistent link: https://www.econbiz.de/10011340686
paper we aim to answer how liberalisation has influenced gas pricing/prices in the Czech Republic and whether the … attention to oil-linked pricing in long-term contracts and the consequences of market liberalisation/unbundling. We provide the …
Persistent link: https://www.econbiz.de/10010322159
In this paper we present a general approach and methodology for modelling concentration dynamics on industrial level. The majority of research in this field has usually been focused on estimating adjustment models, where the speed of adjustment of actual level of concentration to the long-run...
Persistent link: https://www.econbiz.de/10010322172
For many years, Donald Shoup has been advocating cashing out free and underpriced curbside parking. How should this be implemented in practice, taking into account the stochasticity of curbside parking vacancies? Shoup has proposed setting neighborhood/period of the day-specific meter rates such...
Persistent link: https://www.econbiz.de/10010323016