Read Books Online and Download eBooks, EPub, PDF, Mobi, Kindle, Text Full Free.
Download Are Banks Risk Averse full books in PDF, epub, and Kindle. Read online Are Banks Risk Averse ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!
Author : Paolo Angelini
Publisher :
ISBN 13 :
Total Pages : 42 pages
Book Rating : 4.:/5 (318 download)
Download or read book Are Banks Risk-averse? written by Paolo Angelini and published by . This book was released on 1996 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Paolo Angelini
Publisher :
ISBN 13 :
Total Pages : 33 pages
Book Rating : 4.:/5 (246 download)
Download or read book Are banks risk-averse? written by Paolo Angelini and published by . This book was released on 1996 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Alessandra Staderini
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (345 download)
Download or read book Are Banks Risk-averse? written by Alessandra Staderini and published by . This book was released on 1996 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : CHRISTOPHER JAMES AND DAVID BROPHY
Publisher :
ISBN 13 :
Total Pages : 26 pages
Book Rating : 4.L/5 ( download)
Download or read book A THEORY OF RISK-AVERSE BANK BEHAVIOR written by CHRISTOPHER JAMES AND DAVID BROPHY and published by . This book was released on 1977 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Shin Dong Jeung
Publisher :
ISBN 13 :
Total Pages : 372 pages
Book Rating : 4.3/5 (129 download)
Download or read book A Theoretical and Empirical Investigation of Banks' Risk Taking Behavior written by Shin Dong Jeung and published by . This book was released on 2003 with total page 372 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Sally M. Davies
Publisher :
ISBN 13 :
Total Pages : 48 pages
Book Rating : 4.3/5 ( download)
Download or read book The Effects of Closure Policies on Bank Risk-taking written by Sally M. Davies and published by . This book was released on 1991 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Alan D. Morrison
Publisher :
ISBN 13 :
Total Pages : 34 pages
Book Rating : 4.:/5 (129 download)
Download or read book Risk Averse Banks and Uncertain Correlation Values written by Alan D. Morrison and published by . This book was released on 2001 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: We present a model for financial fragility in which there is uncertainty over risk management parameters and there is a danger of disinvestment caused by heightened risk aversion. Projects in small economies are assumed to be riskier than those in large economies. In this situation there is a danger that a rise in project correlations will lead to a rational but unnecessary recession. We conclude firstly that greater transparency in the dissemination of correlation parameters is desirable and secondly that regulators should respond to heightened financial fragility by relaxing capital adequacy requirements.
Author : Joseph E. Stiglitz
Publisher :
ISBN 13 :
Total Pages : 72 pages
Book Rating : 4.:/5 (318 download)
Download or read book Monetary Policy and the Theory of the Risk-averse Bank written by Joseph E. Stiglitz and published by . This book was released on 1993 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Christopher James
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (82 download)
Download or read book A Theory of Risk-averse Bank Behaviour written by Christopher James and published by . This book was released on 1977 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : David N. DeJong
Publisher : Princeton University Press
ISBN 13 : 1400840503
Total Pages : 435 pages
Book Rating : 4.4/5 (8 download)
Download or read book Structural Macroeconometrics written by David N. DeJong and published by Princeton University Press. This book was released on 2011-10-03 with total page 435 pages. Available in PDF, EPUB and Kindle. Book excerpt: The revised edition of the essential resource on macroeconometrics Structural Macroeconometrics provides a thorough overview and in-depth exploration of methodologies, models, and techniques used to analyze forces shaping national economies. In this thoroughly revised second edition, David DeJong and Chetan Dave emphasize time series econometrics and unite theoretical and empirical research, while taking into account important new advances in the field. The authors detail strategies for solving dynamic structural models and present the full range of methods for characterizing and evaluating empirical implications, including calibration exercises, method-of-moment procedures, and likelihood-based procedures, both classical and Bayesian. The authors look at recent strides that have been made to enhance numerical efficiency, consider the expanded applicability of dynamic factor models, and examine the use of alternative assumptions involving learning and rational inattention on the part of decision makers. The treatment of methodologies for obtaining nonlinear model representations has been expanded, and linear and nonlinear model representations are integrated throughout the text. The book offers a rich array of implementation algorithms, sample empirical applications, and supporting computer code. Structural Macroeconometrics is the ideal textbook for graduate students seeking an introduction to macroeconomics and econometrics, and for advanced students pursuing applied research in macroeconomics. The book's historical perspective, along with its broad presentation of alternative methodologies, makes it an indispensable resource for academics and professionals.
Author : Marco A Espinosa-Vega
Publisher : International Monetary Fund
ISBN 13 : 1498344534
Total Pages : 48 pages
Book Rating : 4.4/5 (983 download)
Download or read book Interconnectedness, Systemic Crises and Recessions written by Marco A Espinosa-Vega and published by International Monetary Fund. This book was released on 2015-02-27 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: This relatively simple model attempts to capture and integrate four widely held views about financial crises. [1] Interconnectedness among financial institutions (banks) can play a major role in precipitating systemic financial crises. [2] Lack of information about the quality of bank portfolios also plays a role in precipitating systemic crises. [3] Financial crises, particularly systemic ones, are often followed by severe, lengthy recessions. [4] Loss of confidence in the financial system is partly responsible for the length and severity of these recessions. In the model, banks make decisions about initiating and liquidating risky loans. Interconnectedness among their asset portfolios can obscure information about these portfolios, causing them to make inefficient decisions about liquidation, and about retention of the managers who assess credit risk. These decisions can increase the depth of recessions, and they can produce systemic financial crises. They can also reduce the effectiveness of future bank risk assessment, increasing the probability of lengthy, severe recessions. The government, acting in the interest of current and future depositors, may wish to increase the transparency of bank portfolios by limiting interconnectedness. The optimal degree of regulation, which may depend on depositors’ degree of risk aversion, may not eliminate financial crises.
Author : Sally M. Davies
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (129 download)
Download or read book The Effects of Closure Policies on Bank Risk-Taking written by Sally M. Davies and published by . This book was released on 2008 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper models bank closure policy for a risk-averse bank that enjoys flat-rate deposit insurance. We find that increasing the level of net worth at which banks are closed can increase or decrease induced risk aversion, as well as increase the likelihood that marginally healthy banks would be subject to extreme moral hazard. These result suggest that more timely closure policies should be imposed in conjunction with greater monitoring of bank portfolio risk and with restrictions on risk-taking for marginally healthy banks. In addition, we find that changes in closure policy can increase or decrease desired leverage and that this effect depends on the degree of correlation among asset returns.
Author : Daniela Di Cagno
Publisher : Dartmouth Publishing Company
ISBN 13 :
Total Pages : 152 pages
Book Rating : 4.3/5 (91 download)
Download or read book Regulation and Banks' Behaviour Towards Risk written by Daniela Di Cagno and published by Dartmouth Publishing Company. This book was released on 1990 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Mark Spiegel
Publisher :
ISBN 13 :
Total Pages : 39 pages
Book Rating : 4.:/5 (829 download)
Download or read book Risk Aversion, Deposit Insurance, and Collective Action Problems Among Banks written by Mark Spiegel and published by . This book was released on 1989 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Rebecca S. Demsetz
Publisher :
ISBN 13 :
Total Pages : 44 pages
Book Rating : 4.3/5 (512 download)
Download or read book Agency Problems and Risk Taking at Banks written by Rebecca S. Demsetz and published by . This book was released on 1997 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The moral hazard problem associated with deposit insurance generates the potential for excessive risk taking on the part of bank owners. The banking literature identifies franchise value--a firm's profit-generating potential--as one force mitigating that risk taking. We argue that in the presence of owner/manager agency problems, managerial risk aversion may also offset the excessive risk taking that stems from moral hazard. Empirical models of bank risk tend to focus either on the disciplinary role of franchise value or on owner/manager agency problems. We estimate a unified model and find that both franchise value and ownership structure affect risk at banks. More important, we identify an interesting interaction effect: The relationship between ownership structure and risk is significant only at low franchise value banks--those where moral hazard problems are most severe and where conflicts between owner and manager risk preferences are therefore strongest. Risk is lower at banks with no insider holdings, but among other banks, there is no relationship between the level of insider holdings and risk. This suggests that the owner/manager agency problem affects the choice of risk for only a small number of banks--those with low franchise value and no insider holdings. Most of these banks increase their insider holdings within a year, and these changes in ownership structure are associated with increased risk. This suggests that owner/manager agency problems are quickly addressed"--Abstract
Author : Thilo Pausch
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (115 download)
Download or read book Credit Risk, Credit Rationing, and the Role of Banks: the Case of Risk Averse Lenders written by Thilo Pausch and published by . This book was released on 2005 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Doris Neuberger
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (129 download)
Download or read book Risk Taking By Banks and Capital Accumulation written by Doris Neuberger and published by . This book was released on 2007 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper shows the risk taking role of banks within a continuous-time portfolio model. Banks are considered as risk-averse utility maximizers which differ from private investors and firms only by their degree of risk aversion. Since bankruptcy risk, described by a Poisson jump-process, restrains the capability of firms to mobilize funds from private investors, banks foster capital accumulation by investing in risk-bearing credits financed by risk-free deposits. The provision of collateral by the borrowing firms is found to be necessary for the viability of financial intermediation. This result adds to the explanation of collateral given by the theory of asymmetric information.
