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This paper derives risk indicators for the major Chilean banks based on contingent claims analysis, an extension of Black-Scholes-Merton option-pricing theory. These risk indicators are clearly tied to macroeconomic and financial developments in Chile and outside, but bank responses are highly...
Persistent link: https://www.econbiz.de/10014401473
This paper examines the evolution of market structure in emerging market banking systems during the 1990s. While …
Persistent link: https://www.econbiz.de/10014401490
-98. It argues that country-specific banking sector features, the size of bad loans inherited from the centrally planned … costs and overall improvement in banking sector performance for the sample countries as a whole …
Persistent link: https://www.econbiz.de/10014401605
Banking sectors in transition economies have experienced major transformations throughout the 1990s. While some …) consolidation is likely to improve the efficiency of banking operations. Overall, the results confirm the usefulness of DEA for … transition-related applications and shed some light on the question of the optimal architecture of a banking system …
Persistent link: https://www.econbiz.de/10014401624
The aim of this paper is to take a closer look at IMF conditionality in the banking sector. Our analysis shows that …-supported banking sector reform strategies has contributed to an improvement in banking sector performance, increases in the hardness …
Persistent link: https://www.econbiz.de/10014401654
of Japanese banks has steadily improved since 2001, but there are significant differences within the banking sector, with …
Persistent link: https://www.econbiz.de/10014401867
The Bank of Slovenia (BoS) officially pursues a policy aimed at lowering inflation to European levels and maintaining the stability of the currency. Since 1997, the intermediate target of the BoS has been the growth of the broad monetary aggregate M3 (defined as the daily average of the last...
Persistent link: https://www.econbiz.de/10014401903
supports strong and sustainable economic growth. The recent proposals of the Basel Committee on Banking Supervision (BCBS) on …-in periods. The analysis of the paper also suggests that the new capital standards will have a significant impact on investment-banking …-type activities, including through tighter requirements for trading book exposures. Investment banking activities will also be …
Persistent link: https://www.econbiz.de/10014401914
. While most of these effects are stronger in crisis times, we find them to operate both in and outside full-blown banking …
Persistent link: https://www.econbiz.de/10014401996
Persistent link: https://www.econbiz.de/10011584406