Showing 160,591 - 160,600 of 162,367
, investors follow such references as: investment potential and risk level; their interrelation determines investment appeal of a …
Persistent link: https://www.econbiz.de/10010601312
This paper examines the impact of macroeconomic fundamentals on the probability of sovereign default and the probability of exit from default while allowing explicitly for model uncertainty. Model uncertainty is addressed by employing Bayesian model-averaging techniques, averaging over a very...
Persistent link: https://www.econbiz.de/10010601988
We investigate the influence which the financial condition of a multinational bank group may have on the lending rates of its affiliates, using data from the ten biggest banks in the Czech Republic under foreign control. The analysis is based on a theory of bank lending in which the implicit...
Persistent link: https://www.econbiz.de/10010602015
are probably willing to bear more risk and to undertake major structural changes to improve firm´s future prospects. On …
Persistent link: https://www.econbiz.de/10010602017
growth of this industry is at risk. It is argued that a kind of "producer-consumer protection regulation" is more appropriate …
Persistent link: https://www.econbiz.de/10010602874
the risk-free spot interest rate under the assumption that the occurrence of the catastrophe is independent of financial … risk-free spot interest rate. Second, we price some new types of cat bonds with interest rate dynamics described by the CIR …
Persistent link: https://www.econbiz.de/10010603196
comply according to physical, but above all, social risk. However, the influence of physical risk depends on the …
Persistent link: https://www.econbiz.de/10010603350
The theory of existence of equilibrium with short-selling is reconsidered under risk and ambiguity modelled by risk … of the risk adjusted sets of expectations overlap. This condition is necessary if agents are not risk neutral at extreme … compatible trades, with non negative expected value with respect to any risk adjusted prior, strictly positive for some agent and …
Persistent link: https://www.econbiz.de/10010603664
This paper presents an impact evaluation of a revamped version of the Dominican youth training program Juventud y Empleo. The paper analyzes the impact of the program on traditional labor market outcomes and on outcomes related to youth behavior and life style, expectations about the future and...
Persistent link: https://www.econbiz.de/10010654034
carried out a pilot test of an innovative psychometric tool aimed at evaluating credit risk among SME clients of Banco Ciudad …
Persistent link: https://www.econbiz.de/10010655071