Bank Funding Structures and Risk: Evidence from the Global Financial Crisis pptx

... regressions) indicates that the better capitalised banks were before the crisis, the more able they were to withstand the adverse effects of the crisis. Also, more liquid banks, measured by a g ... That is, the size of the banks and their levels of provisioning and profitability previous to the crisis did not appear to have a role in explaining the performance of...

Ngày tải lên: 06/03/2014, 08:20

... corporations using the pre -crisis period (before 2008) and after the crisis period. Their results show that there are persistent deviations both in the pre -crisis and the crisis periods. There is extensive ... valuation in the sovereign CDS and bonds markets: Evidence from the euro area crisis Credit-risk valuation in the sovereign CDS and bonds markets:...

Ngày tải lên: 15/03/2014, 07:20

... efforts. Nonetheless, after months of study, the directors of the funds accepted my recommendation that we separate the activities of the funds themselves from their adviser and distributor, so that the ... sheep, and fleeth: and the wolf catcheth them, and scattereth the sheep. The hireling fleeth, because he is an hireling, and careth not for the sheep.” Thi...

Ngày tải lên: 16/01/2014, 22:20

... -11.7 * * The mean and standard deviation correspond to the sample values. The numbers in the parentheses stand for the t-ratios. The Sharpe ratio is calculated by diving the sample mean by the sample ... DW stands for the Durbin-Watson statistic. The numbers in the parentheses below the point estimates stand for the t-ratios. Adj. R 2 stands for the adjuste...

Ngày tải lên: 22/03/2014, 17:20

... 1) the acquiring bank during the available years before the merger, 2) the acquired bank or banks during the available years before the merger, and 3) the consolidated bank during the ... tie merger as the efficiency rank of the consolidated bank afier the merger less the weighted average rank of the acquiring and acquired banks before the...

Ngày tải lên: 06/03/2014, 08:21

... regulations, like the US and EU markets, have to meet and anticipate these high standards. But once satisfying these standards, they are more likely to have higher penetration rate and the companies’ ... escaped from the crisis in the mid- 1980s and its annual GDP growth rate averaged 7.2% during the 1990s. Much of this development is attributed to the growth of th...

Ngày tải lên: 24/08/2013, 18:48

... River shear zone is accommodating the southeastward motion of the South China block. The onset of the shift from the left to the right sense of motion along the present shear zone was constrained ... Although the zircon had very high closure temperature but the direct link to the metamorphism and ductile deformation lacked. Therefore, the interpretation of the...

Ngày tải lên: 13/02/2014, 12:20

... change too much from one day to the next. The only contamination is the day τ targeting error, and the revision in the expectation of future targeting errors. 5 The expected component of the change ... (1990). 8 the December 19 move is treated as if it occurred on the 18th, and the difference between closing futures rate on the 18th and the opening rate on the...

Ngày tải lên: 06/03/2014, 02:21

... applications in the ®eld of the environment and health. My comments will focus on the interpretation and use of the results from the combined and individual studies, rather than on the actual statistical ... between the mean of the city-speci®c coecients and the percentage in poverty, the percentage of people older than 65 years and the mean level of the p...

Ngày tải lên: 06/03/2014, 16:20

... consequence of the Latin American debt crisis, which seriously impacted the money c e nter banks, and the second, the Savings and Loan Crisis from 1988-1991 (Lopez-Salido and Nelson 2010). There also ... recovery from the 2007 recessi on. We measure the amplitude of the contraction by the percentage drop (from the peak) of quarterl y RGDP. We measure the reco...

Ngày tải lên: 06/03/2014, 19:20