The Role of Bank Capital in the Propagation of Shocks potx

... R. (16) 8 Bank capital retains a role in the transmission of shocks so long as banks cannot completely diversify the risk in their lending portfolio. If this were the case, a bank s incentive ... (1997). The remaining parameters are such that the model’s steady state 16 Working Paper/Document de travail 2008-36 The Role of Bank Capital in the Propagatio...

Ngày tải lên: 15/03/2014, 10:20

... most of them and access-to-input for the worst in this sub-pool. Conversely, the overbearing influence of the financial constraints in the lower half is statistically associated with a rather ... expected-debt. The probability of increasing debt raises with the fact that the enterprise was indebted in the past (in all the groups). Nodebt thus appears as a strong...

Ngày tải lên: 06/03/2014, 08:20

... underscoring the importance of introducing fixed effects into the present count regressions. Then again, in the case that determinants interrelate with the number of bank failures—meaning that the strict ... out insolvent depository institutions the sharp increase in bankruptcies of banks at the end of the 1980s was followed by an equally dramatic decrease at the...

Ngày tải lên: 22/03/2014, 17:20

... on the securities booking system of the CGSDTC and the bond trading system of the inter -bank lending centre. The trading system of the national inter -bank lending centre provides pricing information, ... source of financing for enterprises, if their own capital is excluded. In summary, the deepening process of the financial markets has rendered the dominan...

Ngày tải lên: 18/10/2013, 07:15

... to the high international profile of its banks. We focus on commercial banks, savings banks, cooperative banks and mortgage banks, ignoring the 25% more specialized institutions such as investment ... estimates of the Boone indicator. The estimates in the appendix of the present paper are exactly equal to the estimates in Table 5.4 in Van Leuvensteijn et al. (2007)...

Ngày tải lên: 15/02/2014, 05:20

... spread since the start of the crisis. Conversely, in the case of the model estimated using the OIS, both the increase and decrease in the retail interest rate are principally due to the shock ... offering banks the possibility of front loading – the Eurosystem managed to stabilise Eonia around the main refinancing rate in the first phase of the crisis....

Ngày tải lên: 15/02/2014, 05:20

... ( 39 ). The renewed interest in examining the indications for BCG vaccination in the United States included consideration of the wide range of vaccine efficacies deter- mined by clinical trials ... to explore the sources of the heterogeneity in the efficacy of the BCG vaccine reported in the individual studies. Using a model that included the geographic la...

Ngày tải lên: 15/02/2014, 13:20

... After declining steadily since the mid-1980s, the number of new bank charters in the United States increased sharply during the second half of the 1990s, surpassing 200 at the end of the decade ... “Small Business Lending and the Changing Structure of the Banking Industry,” Journal of Banking and Finance, August. Sullivan, Richard J. 2000. “How Has the Adopti...

Ngày tải lên: 16/02/2014, 11:20

... obese mice In order to gain insights into the potential biologically relevant role of miR-27 in the regulation of adipose tis- sue functions in vivo, we examined the expression of miR-27 in the genetically ... together, these results illustrate a critical and specific role of miR-27 in the regulation of adipogenic differentiation. miR-27 prevents the inducti...

Ngày tải lên: 18/02/2014, 08:20

... through the exchange between subunits of either their N-ter- minal, or their C-terminal ends [33–35]. We found that the behavior with the model membrane of the dimer in which the C-terminal ends ... ‘r’) and variation of the inclination (inclination angle ‘i’) with respect to the plane of the membrane (parallel to the xy plane). Cter and Nter are the C-terminal a...

Ngày tải lên: 19/02/2014, 06:20