We simulate how the probability of failure of a subsidiary and the group changes after a capital buffer is imposed on …

The CLASS model is a top-down capital stress testing framework that projects the effect of different macroeconomic … industry capital gap relative to a target ratio at different points in time under a common stressful macroeconomic scenario …. This estimated capital gap began rising four years before the financial crisis and peaked at the end of 2008. The gap has …

credit more than other banks. However, higher levels of better-quality capital mitigated this effect. Our results suggest …

theoretically and empirically the strategic importance played by cognitive elements as part of “territorial capital” in mediating … cognitive elements as part of territorial capital magnify the contribution of knowledge by determining the formation of …

. The use of capital became more efficient. During the global financial and economic crisis in 2008-10 the investment rate …

, Vietnam. Using BOURDIEU's theoretical approach of 'forms of capital' (theory of practice), the actions of actors in Pangasius … sector are analysed and understood based on a combination of economic, social and cultural capital. The research thus draws … especially social capital and local institutions constitute important variables concerning the implementation and observance of …

This paper is about “Capital in the Twenty-first Century” by Thomas Piketty. It identifies his central macroeconomic …