New challenges for public debt in advanced economies Summary of the conference held in Strasbourg on 16-17 September 2010. [PDF]
On 16-17 September 2010, the Banque de France’s Directorate General Economics and International Relations and the Bureau d’économie théorique et appliquée (BETA) of Strasbourg University jointly hosted a conference on the topic “New challenges for public
Bouthevillain, C. +3 more
core
Determining the Probability of Default of Agricultural Loans in a French Bank [PDF]
Recently, financial institutions have developed improved internal risk rating systems and emphasized the probability of default and loss given default.
Featherstone, Allen M., Jouault, Amelie
core +1 more source
Financial market liquidity and the lender of last resort. [PDF]
In the summer 2007, difficulties in the US subprime mortgage markets have led to disruptive developments in many financial market segments, in particular in interbank money markets, where central banks in the US and in Europe repeatedly intervened to ...
Ewerhart, C., Valla, N.
core
French outward and inward foreign direct investment in 2009 - New presentation. [PDF]
France’s direct investment flows drawn up according to the future international standards produce different results from those compiled using the current methodology.
Nivat, D., Terrien, B.
core
Concentration risk and the optimal number of central counterparties for a single asset [PDF]
We model the central counterparty (CCP) clearing of a single asset traded over-the-counter by two groups of banks in two currencies. We compare a variety of different clearing set-ups involving one or two CCPs according to their ability to withstand a ...
Renault, F.
core
Equity market interdependence: the relationship between European and US stock markets. [PDF]
In this article, the degree of interdependence between European and US stock markets is measured by the conditional correlation between stock returns: the correlation coefficient is estimated using a model describing the variations over time in a number ...
Avouyi-Dovi, S., Neto, D.
core
Median-Unbiased Estimation in DF-GLS Regressions and the PPP Puzzle [PDF]
Using median-unbiased estimation based on Augmented-Dickey-Fuller (ADF) regressions, recent research has questioned the validity of Rogoff's "remarkable consensus" of 3-5 year half-lives of deviations from PPP. The confidence intervals of these half-life
Lopez, C., Murray, C J., Papell, D H.
core
The MODELAREA ŞI EVALUAREA PERFORMANŢELOR BĂNCII COMERCIALE PRIN REŢELE PETRI
Studia Universitatis Moldaviae: Stiinte Umanistice, 2007 Dans le présent article sont reflétées les possibilités de modélisation et d’évaluation des performances de la banque commerciale. On argumente la possibilité d’utilisation dans ce but des Réseaux Pétri ; on décrit les Réseaux Pétri (réseaux généralisés
USM ADMIN
doaj
Market liquidity and banking liquidity: linkages, vulnerabilities and the role of disclosure. [PDF]
During the course of 2007, global financial markets went through noticeable periods of turbulence. In particular, complex credit markets suffered a marked set-back.
Herzberg, V., Praet, P.
core
The changing role of house price dynamics over the business cycle [PDF]
In this paper, we attempt to analyse the relationship between house price developments and the business cycle. Employing a time-varying transition probability Markov switching framework, we provide empirical evidence that house price growth may prove a ...
Dufrénot, G., Malik, S.
core