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Japan including micro-level characteristics in 2017. As the number of covariates is large, penalized QR method by …
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estimate a credit condition index (CCI). The credit conditions index represents changes in the supply of credit over time … financial futures, options, swaps, securitized loans and synthetic securities which allowed for easy access to credit for … financial intermediaries, (2) more sophisticated risk management, for example improved initial credit scoring, (3) changes in …
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The economic growth of the Baltic Region after independence has largely been realised through numerous reforms and capital market liberalisation. The Estonian economy in the past two decades was highly leveraged and characterised by the increase in real estate prices. This market had the pattern...
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