Results 41 to 50 of about 1,392,223 (224)

How Do Forward‐Looking Estimates of Credit Losses Affect the Judgments of Financial Statement Users? Comment les estimations prospectives des pertes sur créances influencent‐elles les jugements des utilisateurs des états financiers?

Contemporary Accounting Research, EarlyView.
ABSTRACT Financial accounting standard setters recently changed the accounting for estimates involving credit risk. The change shifted the accounting from an incurred‐loss model (ILM), which is based on credit‐risk conditions that exist at the time of the estimate, to a model based on expected credit losses over the life of the asset in question (ELM),
Lisa Koonce, Cassie Mongold, Laura Quaid, Jennifer Winchel   +3 more
wiley   +1 more source

SPILLOVER EFFECTS OF THE SUB-PRIME MORTGAGE CRISIS TO THE ASIAN STOCK MARKETS

Economic Journal of Emerging Markets, 2014
This paper aims to analyze the effects of the sub-prime mortgage crisis on several Asian stock markets. An Exponential Generalized Autoregressive Conditional Heteroscedasticity (EGARCH) model is employed to provide an empirical evidence of the direct ...
Esta Lestari
doaj   +9 more sources

Financial structure, cycle, and instability

Journal of Economic Structures, 2022
The subprime loan mortgage crisis has revived scholarly interest in Minsky’s financial instability hypothesis. The related mathematical models present two types of Minskian financial structures.
Kenshiro Ninomiya
doaj   +1 more source

Access to Credit and Employment Liquidation. Firm‐Level Evidence From Eastern and Central Europe (2001–2007)

Economics of Transition and Institutional Change, EarlyView.
ABSTRACT This article investigates the changes in the structure of employment in Central and Eastern European firms between 2001 and 2007, before the Global Financial Crisis and following the reforms in the labour and credit markets in these economies.
Elisabetta Magnani
wiley   +1 more source

Reputation and Asset Prices: Evidence From Trump Real Estate

Financial Management, EarlyView.
ABSTRACT We analyze the impact of brand reputation on asset prices by exploiting the prominence of Donald Trump in Manhattan real estate. Our quasi‐experiment identifies a 14.5% discount to condominiums in Trump‐branded buildings after controversies surrounding Trump's presidential candidacy began in June 2015 up to 2022.
Marlene Koch, Simon Stehle, Rémi Vivès
wiley   +1 more source

Housing Wealth and Consumption: The Role of Heterogeneous Credit Constraints

International Economic Review, EarlyView.
ABSTRACT We quantify the role of heterogeneity in households' financial constraints in explaining the link between the decline in aggregate consumption and the decline in house values between 2006 and 2009 using individual‐level data. Constraints that are triggered by a decline in house values, and a small fraction of consumers facing particularly ...
S. Borağan Aruoba, Ronel Elul, Şebnem Kalemli‐Özcan   +2 more
wiley   +1 more source

Unequal and Unstable: Income Inequality and Bank Risk

Journal of Money, Credit and Banking, EarlyView.
Abstract We present a model in which income inequality interacts with banks' risk‐taking incentives, generating financial instability. Competition and deposit insurance cause some banks to lend to lower‐income borrowers at underpriced rates, creating “risky banks” that fail in downturns, while others lend to higher‐income borrowers and avoid default ...
YULIYAN MITKOV, ULRICH SCHÜWER
wiley   +1 more source

Supply driven mortgage choice [PDF]

, 2017
Variable mortgage contracts dominate the UK mortgage market (Miles, 2004). The dominance of the variable rate mortgage contracts has important consequences for the transmission mechanism of monetary policy decisions and systemic risks (Khandani et al ...
Koblyakova, A, Michael White, White, M, Alla Koblyakova   +3 more
core   +1 more source

Contagion and Spillover Effects of the Chinese Housing Crisis on the China‐Focused ETFs Trading in the United States

Pacific Economic Review, Volume 31, Issue 4, Page 338-362, October 2026.
ABSTRACT This study investigates the impact of China's recent real estate crisis, stemming from Evergrande's struggles, on the return and risk profiles of US‐listed exchange traded funds (ETFs) tracking Chinese stock market indexes. Analysing 26 funds from February 2, 2018 to December 31, 2024, we first employ a VAR model to assess contagion and ...
Gerasimos Rompotis, Spyros Papathanasiou, Drosos Koutsokostas   +2 more
wiley   +1 more source

Taking Stock: Elite Studies and Social Change

The British Journal of Sociology, Volume 77, Issue 4, Page 829-843, September 2026.
ABSTRACT This article provides a systematic synthesis of contemporary elite sociology through the analytical lens of change and stability. We distinguish between two types of change: change within elites, referring to transformations in elite composition, circulation, or internal characteristics; and change by elites, designating processes whereby ...
Lena Ajdacic, François Schoenberger, Johanna Behr, Fabio Cescon, Lion Hubrich, Emma Ischinsky, Muneeb Salman, Juliana Mazzucotelli, Laura Mrčela, Alonso Pi Cholula, Céline Roy, Sophie Serrano, Helle Dyrendahl Staven, Tina Thakur   +13 more
wiley   +1 more source