Results 111 to 120 of about 4,197 (253)
Banking with Inside Money: An Efficiency Analysis
Journal of Money, Credit and Banking, EarlyView.Abstract We show that banks do not decentralize the first best in a nominal Diamond–Dybvig economy with inside money. Furthermore, state‐contingent deposit contracts do not expand the consumption possibility set to include the first best either. Central banks can improve welfare but only for savers and only with unconventional monetary policy. Finally,
DAVID RIVERO +1 more
wiley +1 more source
Agora International Journal of Juridical Sciences, 2014 Insolvency is the state of the debtor’s patrimony characterized by insufficientmonetary funds available for the payment of exigible debts. It may be the consequence ofunfavourable economic circumstances, but also the result of managerial deficiencies of evenfraud.If insolvency is caused by the gross incompetence or the fraud of the debtor’s board ...
openaire +2 more sources
Twin Defaults and Bank Capital Requirements
The Journal of Finance, EarlyView.ABSTRACT We examine optimal capital requirements in a quantitative general equilibrium model with banks exposed to nondiversifiable borrower default risk. Contrary to standard models of bank default risk, our framework captures the limited upside, but significant downside risk of loan portfolio returns.
CATERINA MENDICINO +4 more
wiley +1 more source
Creditors in insolvency proceedings
, 2016 The topic of my thesis is the study of creditor status during insolvency proceedings. My objective is to provide a description of the current legal regulations of creditors and their receivables in insolvency proceedings with a focus on specific problems
Fiedlerová, Dana
core
Selection in car insurance when claims are heterogeneous
Journal of Risk and Insurance, EarlyView.Abstract Econometric studies of insurance markets have analyzed the Positive Correlation Property to test for the presence of asymmetric information. Car‐insurance studies frequently compare policies purchasing Mandatory Third‐Party Liability alone with policies that purchase additional coverage and use the presence of a liability claim as a measure of
Edmund Cannon +2 more
wiley +1 more source
Bonds on the Ballot: What Voters (Don't) Know About Debt Financing and Why It Matters
Public Budgeting &Finance, EarlyView.Abstract American subnational governments commonly require voters to approve bond proposals, reflecting historical concerns about legislative shortsightedness. Yet voters need an understanding of how bond financing works to make choices consistent with preferences. Existing literature makes it unclear whether voters have such knowledge.
Shanna Pearson‐Merkowitz +3 more
wiley +1 more source
International Journal of Management and EconomicsThe article investigates the relationship between the efficiency of insolvency proceedings, as measured by their duration, and measures the severity of bankruptcy law toward debtors in 27 countries, of which 23 are EU.
Banasik Przemysław +4 more
doaj +1 more source
A two-staged NLP-based framework for assessing the sentiments on Indian supreme court judgments. [PDF]
Int J Inf Technol, 2023 Gupta I, Chatterjee I, Gupta N.
europepmc +1 more source
Public Administration Review, EarlyView.ABSTRACT The federal government, and its budget process, are facing unprecedented challenges. The federal debt is at historic levels, the process is in disarray, and the constitutional balance of powers is being challenged as never before. The debt, driven by growth in entitlement spending, stands at $38 trillion and is projected to continue to grow if
Carolyn Bourdeaux +4 more
wiley +1 more source
Financial dependence, labour regimes and industry growth: Do creditor rights matter? [PDF]
J Soc Econ Dev, 2023 Ghosh S.
europepmc +1 more source