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| Registros recuperados: 10 | |
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| Wiszniowski, Edward. |
| Emergence of crisis in financial markets, especially banks, have forced a change in approach to risk management. It has become necessary to develop new or refine existing models of early bankruptcy threat warning, as well as establishing the potential impact of bank failures. One of the tools, indicating that resistance to the phenomenon of crisis is “stress testing”. Its aim, at least in the case of banks, is concerned with estimating the level of economic resistance towards the occurring risk. Some of these risks are: the non-payment of loans due to deterioration in the economic situation of a country, fluctuations in interest rates, exchange rates and a fall in prices of securities which are traded on stock exchanges. This article discusses the nature... |
| Tipo: Journal Article |
Palavras-chave: Banking; Banking risks; Risk management; Financial crisis; Financial Economics; G32. |
| Ano: 2010 |
URL: http://purl.umn.edu/95941 |
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| Corsetti, Giancarlo; Pericoli, Marcello; Sbracia, Massimo. |
| This paper builds a general test of contagion in financial markets based on bivariate correlation analysis a test that can be interpreted as an extension of the normal correlation theorem. Contagion is defined as a structural break in the data generating process of rates of return. Using a factor model of returns as theoretical framework, we nest leading contributions in the literature as special cases of our test. We show that, while the literature on correlation analysis of contagion is successful in controlling for a potential bias induced by changes in the variance of global shocks, current tests are conditional on a specific yet arbitrary assumption about the variance of country specific shocks. Our results suggest that, for a number of pairs of... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Contagion; Financial crisis; Correlation analysis; Financial Economics; F30; C10; G10; G15. |
| Ano: 2001 |
URL: http://purl.umn.edu/28420 |
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| Self, Sharmistha; Grabowski, Richard. |
| The Asian financial crisis surprised the world and resulted in steep economic downturns in parts of East and Southeast Asia. Its apparent quick recovery however would imply that there was negligible impact on human development. This paper challenges this notion. Using cross-country data from various Human Development Reports, this paper examines what factors were responsible for affecting overall human development in the pre-crisis and post-crisis period. The results indicate that structural changes have occurred and significant social problems persist in the post-crisis period in Southeast and East Asia, which are apparent through declining human and gender development for the region. |
| Tipo: Journal Article |
Palavras-chave: Financial crisis; Human development; Structural change; Financial Economics; Labor and Human Capital; 010; 015; 053. |
| Ano: 2006 |
URL: http://purl.umn.edu/50152 |
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| Wiszniowski, Edward. |
| Lasting for over a year the global crisis in financial markets, affected individual countries’ banking systems to a different degree. The present article discusses the phenomenon and its effects on the Polish banking system. The aim of the article is to present trends, the scale of the crisis and the current level of danger to stability of domestic financial market. The result of the research is a synthetic estimation of the level of the financial sector stability, taking into account the risks to solvency, liquidity, profitability, and quality loan portfolio and changes in deposits. |
| Tipo: Journal Article |
Palavras-chave: Banking; Financial crisis; Financial stability.; Financial Economics; G32. |
| Ano: 2010 |
URL: http://purl.umn.edu/94635 |
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| Registros recuperados: 10 | |
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