working paper series in management

WORKING PAPER SERIES NO. 398 / OCTOBER 2004: MERGERS AND ACQUISITIONS AND BANK PERFORMANCE IN EUROPE THE ROLE OF STRATEGIC SIMILARITIES potx

WORKING PAPER SERIES NO. 398 / OCTOBER 2004: MERGERS AND ACQUISITIONS AND BANK PERFORMANCE IN EUROPE THE ROLE OF STRATEGIC SIMILARITIES potx

Ngày tải lên : 06/03/2014, 09:22
... ‘specialness’ of banks in a setting in which there are asymmetries of information. In this setting, according to the ‘signalling hypothesis’, commercial banks specialise in lending information to problematic ... also significant suggesting the usefulness of including these variables in the regression. 24 ECB Working Paper Series No. 398 October 2004 be to improve revenues derived from including new portfolio ... for Financial Studies Working Paper Series, Johann Wolfgang Goethe University. Berger, A. N., R.J. Herring and G.P. Szego (1995), The role of capital in financial institutions, Journal of Banking...
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WORKING PAPER SERIES NO. 518 / SEPTEMBER 2005: TERM STRUCTURE AND THE SLUGGISHNESS OF RETAIL BANK INTEREST RATES IN EURO AREA COUNTRIES docx

WORKING PAPER SERIES NO. 518 / SEPTEMBER 2005: TERM STRUCTURE AND THE SLUGGISHNESS OF RETAIL BANK INTEREST RATES IN EURO AREA COUNTRIES docx

Ngày tải lên : 15/03/2014, 14:20
... Differences in the responses in % over 48 months. Positive differences indicate a higher pass-through during the EMU sample 42 ECB Working Paper Series No. 518 September 2005 47 ECB Working Paper Series ... Bold figures indicate rejection that time deposits rates contains no information on lending rates. 27 ECB Working Paper Series No. 518 September 2005 1. Introduction The pricing of retail ... as determinants of the interest rate pass-through. Since any linear combination of cointegration relations would also be stationary, cointegrating vectors could not be given a direct interpretation...
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WORKING PAPER SERIES NO 1395 / NOVEMBER 2011: ON THE IMPORTANCE OF PRIOR RELATIONSHIPS IN BANK LOANS TO RETAIL CUSTOMERS pptx

WORKING PAPER SERIES NO 1395 / NOVEMBER 2011: ON THE IMPORTANCE OF PRIOR RELATIONSHIPS IN BANK LOANS TO RETAIL CUSTOMERS pptx

Ngày tải lên : 22/03/2014, 21:20
... building of banks with firms. 13 ECB Working Paper Series No 1395 November 2011 of analyzing the behavior of one bank we examine the loan making decision of 296 different banks. Finally, we find ... results suggest that relationships of all kinds have inherent private information and are valuable in screening, in monitoring, and in reducing consumers’ incentives to default. ... http://www. ecb.europa.eu/pub/scientific/wps/date/ html/index.en.html ISSN 1725-2806 (online) 18 ECB Working Paper Series No 1395 November 2011 The data set not only contains information on the checking accounts that loan applicants hold at the savings banks, but...
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WORKING PAPER SERIES NO 1487 / OCTOBER 2012: ASYMMETRIC INFORMATION IN CREDIT MARKETS, BANK LEVERAGE CYCLES AND MACROECONOMIC DYNAMICS doc

WORKING PAPER SERIES NO 1487 / OCTOBER 2012: ASYMMETRIC INFORMATION IN CREDIT MARKETS, BANK LEVERAGE CYCLES AND MACROECONOMIC DYNAMICS doc

Ngày tải lên : 22/03/2014, 21:20
... conventional financial accelerator model. The increase in entrepreneurial bor- rowing in turn requires an increase in bank lending and hence bank leverage, which, in the presence of a leverage constraint ... than in a conventional financial accelerator model. The increase in en- trepreneurial borrowing and leverage associated with the sudden loss of funds increases the external finance premium in ... twice as big as in a BGG-type model. In line with the existing empirical evidence, an adverse shock to bank net worth of causes a persistent decline of both GDP and in ation. Finally, in 39 [23] Hirakata,...
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WORKING PAPER SERIES NO. 351 / APRIL 2004: INTEREST RATE DETERMINATION IN THE INTERBANK MARKET pot

WORKING PAPER SERIES NO. 351 / APRIL 2004: INTEREST RATE DETERMINATION IN THE INTERBANK MARKET pot

Ngày tải lên : 22/03/2014, 23:20
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WORKING PAPER SERIES NO. 393 / SEPTEMBER 2004: THE DETERMINANTS OF THE OVERNIGHT INTEREST RATE IN THE EURO AREA doc

WORKING PAPER SERIES NO. 393 / SEPTEMBER 2004: THE DETERMINANTS OF THE OVERNIGHT INTEREST RATE IN THE EURO AREA doc

Ngày tải lên : 22/03/2014, 23:20
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WORKING PAPER SERIES NO. 518 / SEPTEMBER 2005: TERM STRUCTURE AND THE SLUGGISHNESS OF RETAIL BANK INTEREST RATES IN EURO AREA COUNTRIES pptx

WORKING PAPER SERIES NO. 518 / SEPTEMBER 2005: TERM STRUCTURE AND THE SLUGGISHNESS OF RETAIL BANK INTEREST RATES IN EURO AREA COUNTRIES pptx

Ngày tải lên : 22/03/2014, 23:20
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WORKING PAPER SERIES NO. 546 / NOVEMBER 2005: THE NATURAL REAL INTEREST RATE AND THE OUTPUT GAP IN THE EURO AREA A JOINT ESTIMATION doc

WORKING PAPER SERIES NO. 546 / NOVEMBER 2005: THE NATURAL REAL INTEREST RATE AND THE OUTPUT GAP IN THE EURO AREA A JOINT ESTIMATION doc

Ngày tải lên : 22/03/2014, 23:20
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WORKING PAPER SERIES NO. 580 / JANUARY 2006: BANK INTEREST RATE PASS-THROUGH IN THE EURO AREA A CROSS COUNTRY COMPARISON ppt

WORKING PAPER SERIES NO. 580 / JANUARY 2006: BANK INTEREST RATE PASS-THROUGH IN THE EURO AREA A CROSS COUNTRY COMPARISON ppt

Ngày tải lên : 22/03/2014, 23:20
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WORKING PAPER SERIES 141 - FORECASTING BONDS YIELDS IN THE BRAZILIAN FIXED INCOME MARKET ppt

WORKING PAPER SERIES 141 - FORECASTING BONDS YIELDS IN THE BRAZILIAN FIXED INCOME MARKET ppt

Ngày tải lên : 29/03/2014, 06:21
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Working PaPer SerieS no 967 / november 2008: Central bank miSPerCePtions and the role of money in interest rate rules pptx

Working PaPer SerieS no 967 / november 2008: Central bank miSPerCePtions and the role of money in interest rate rules pptx

Ngày tải lên : 29/03/2014, 13:20
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Working pAper series no 1041/ A pril 2009: An economic cApitAl model integrAting credit And interest rAte risk in the bAnking book doc

Working pAper series no 1041/ A pril 2009: An economic cApitAl model integrAting credit And interest rAte risk in the bAnking book doc

Ngày tải lên : 29/03/2014, 13:20
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Working PaPer SerieS no 1273 / DeCeMBer 2010: intereSt rate effeCtS of DeMograPhiC ChangeS in a neW-keyneSian life-CyCle fraMeWork pptx

Working PaPer SerieS no 1273 / DeCeMBer 2010: intereSt rate effeCtS of DeMograPhiC ChangeS in a neW-keyneSian life-CyCle fraMeWork pptx

Ngày tải lên : 29/03/2014, 13:20
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WORKING PAPER SERIES NO 1350 / JUNE 2011: THE OPTIMAL WIDTH OF THE CENTRAL BANK STANDING FACILITIES CORRIDOR AND BANKS’ DAY-TO-DAY LIQUIDITY MANAGEMENT pdf

WORKING PAPER SERIES NO 1350 / JUNE 2011: THE OPTIMAL WIDTH OF THE CENTRAL BANK STANDING FACILITIES CORRIDOR AND BANKS’ DAY-TO-DAY LIQUIDITY MANAGEMENT pdf

Ngày tải lên : 29/03/2014, 13:20
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Working paper series the phillips curve and long-term unemployment

Working paper series the phillips curve and long-term unemployment

Ngày tải lên : 24/10/2012, 09:11
... Central Bank working paper series For a complete list of Working Papers published by the ECB, please visit the ECB’s website (http://www.ecb.int) 402 “Forecasting euro area inflation using dynamic ... duration as a signal of the individual’s productivity level on which to base their hiring decisions. 11 ECB Working Paper Series No. 441 February 2005 45 ECB Working Paper Series No. 441 February ... Gruen et all (1999) explains the exogeneity assumptions relevant to the estimation of Phillips Curves. 14 ECB Working Paper Series No. 441 February 2005 W ORKING PAPER SERIES NO. 441 / FEBRUARY...
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Tài liệu WORKING PAPER SERIES: TRADING EUROPEAN SOVEREIGN BONDS THE MICROSTRUCTURE OF THE MTS TRADING PLATFORMS docx

Tài liệu WORKING PAPER SERIES: TRADING EUROPEAN SOVEREIGN BONDS THE MICROSTRUCTURE OF THE MTS TRADING PLATFORMS docx

Ngày tải lên : 16/02/2014, 02:20
... with relative low trading intensity. In contrast to Green (2004) and Cohen and Shin (2003), we include intraday trading intensity in our analysis. We ¯nd 8 ECB Working Paper Series No. 432 January ... the trading day kicks o® with a relative large spread around 3 basis point in the early morning, falling to 2 basis points in the late morning and gradually increasing to 4 basis points in the ... modelling of price and order °ow dynamics by taking trading intensity and the announcement of news into account. This is the main objective of the paper. The investigation of trading surrounding...
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Economic Policy Research Institute EPRI Working Paper Series pot

Economic Policy Research Institute EPRI Working Paper Series pot

Ngày tải lên : 06/03/2014, 08:20
... the intensive margin. Second, our tractable frame- work allows us to analyze three different types of financial innovations, and provides interesting insight into the mechanisms linking lending ... related to this paper is recent work on competitive markets with adverse se- lection. Adams, Eina v, and Levin (2009), Einav, Jenkins, and Levin (2010) and Einav, Jenkins, and Levin (2009) find ... typically data intensive as it involves sta- tistical analysis of large d ata sets. In addition, the cost of maintaining and processing different loan products is also information intensive, so...
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WORKING PAPER SERIES NO. 407 / NOVEMBER 2004: BANKING CONSOLIDATION AND SMALL BUSINESS LENDING potx

WORKING PAPER SERIES NO. 407 / NOVEMBER 2004: BANKING CONSOLIDATION AND SMALL BUSINESS LENDING potx

Ngày tải lên : 06/03/2014, 09:22
... ¯u. 10 ECB Working Paper Series No. 407 November 2004 or fire (R =0)the credit officer accordingly. W ORKING PAPER SERIES NO. 407 / NOVEMBER 2004 BANKING CONSOLIDATION AND SMALL BUSINESS LENDING by ... Takáts Abstract The paper investigates small business lending as an information problem. It models the effects of information asymmetries within the bank combined with fixed wages. Two kinds of inefficiencies ... tructure is decisive in small business lending. JEL classification: G21, G34, J30 Keywords: corporate governance, banking, small business lending, efficiency wage 4 ECB Working Paper Series No. 407 November...
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WORKING PAPER SERIES NO. 527 / SEPTEMBER 2005: BANKING SYSTEM STABILITY A CROSS-ATLANTIC PERSPECTIVE pptx

WORKING PAPER SERIES NO. 527 / SEPTEMBER 2005: BANKING SYSTEM STABILITY A CROSS-ATLANTIC PERSPECTIVE pptx

Ngày tải lên : 06/03/2014, 09:22
... still less inter linked 32 ECB Working Paper Series No. 527 September 2005 test abov e, we opt for bootstrapping in blocks because of the nonlinear dependencies that might be present in the return ... tp://www.cepr.org/data/Dating/. 41 ECB Working Paper Series No. 527 September 2005 the ones of U S b anks. In addition to th e larger in terbank lending in E urope referred to above, this observation raises again the ... large body of approaches for quanti- fying c redit risk and modeling credit rating m igrations, including J.P. Morgan’s CreditMetrics (1999). 7 ECB Working Paper Series No. 527 September 2005 Section...
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WORKING PAPER SERIES NO 845 / DECEMBER 2007: RUN-PRONE BANKING AND ASSET MARKETS doc

WORKING PAPER SERIES NO 845 / DECEMBER 2007: RUN-PRONE BANKING AND ASSET MARKETS doc

Ngày tải lên : 06/03/2014, 09:22
... 34?>B8C>AB C> <>=8C>A 10=:4AB WORKING PAPER SERIES NO 845 / DECEMBER 2007 RUN-PRONE BANKING AND ASSET MARKETS by Marie Hoerova 35 ECB Working Paper Series No 845 December 2007 B>;4;H ... 02@D8A4 WORKING PAPER SERIES NO 845 / DECEMBER 2007 In 2007 all ECB publications feature a motif taken from the 20 banknote. RUN-PRONE BANKING AND ASSET MARKETS 1 by Marie Hoerova 2 This paper ... spiralling liquidity crisis is in place, even solvent institutions may fail. A disruption of the efficient allocation of savings into investment then ensues. Runs are not necessarily a thing of...
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