PSN: Financial Institutions (Topic)最新文献_第9页

Private Seeking of Private Monopoly in Early American Banking 早期美国银行业私人垄断的私人追求

PSN: Financial Institutions (Topic) Pub Date : 2018-12-18 DOI: 10.1007/978-3-030-11313-1_10

H. Bodenhorn

引用次数: 1

Evaluating Loan Loss Provisioning for Non-Performing Loans and Its Impact on the Profitability of Commercial Banks in Bangladesh 评估孟加拉国商业银行的不良贷款损失拨备及其对盈利能力的影响

PSN: Financial Institutions (Topic) Pub Date : 2018-12-08 DOI: 10.46281/ASFBR.V2I2.222

Fakir Tajul Islam

{"title":"Evaluating Loan Loss Provisioning for Non-Performing Loans and Its Impact on the Profitability of Commercial Banks in Bangladesh","authors":"Fakir Tajul Islam","doi":"10.46281/ASFBR.V2I2.222","DOIUrl":"https://doi.org/10.46281/ASFBR.V2I2.222","url":null,"abstract":"Through the collection and disbursement of money, banks often face the risk of default of the loan. These Non-Performing loans (NPLs) should be identified and cared for avoiding vulnerability to other risk. Banks may mitigate this risk using loan loss provisioning (LLP). Using the aggregate data of 56 commercial banks in the last 9 years (2009-2017), this study attempts to evaluate the Impacts of LLP maintained for NPLs on profitability, as it may help to take the level of the LLP, and NPLs in the optimum level of business success. The dependent variables used in this study are Non-Interest Income to Total Assets and Net-Interest Income to Total Assets as a representative of the profitability of a bank. The dependent variables are analyzed using Least Square Multiple Regression on three independent variables, which were Gross NPL to Total Loans Outstanding, Loan Loss Provision Maintained, and Surplus/ (Shortfall) resulted from the required loan provisioning. The result showed that the profitability is very significantly influenced by the independent variables. NPLs and LLPs maintained by the commercial banks negatively related with the profitability of the business, especially LLPs shown statistical significance to impact on profitability negatively. it is better to take the LLPs and NPLs in the minimum level for maximum profitability of banks.","PeriodicalId":405783,"journal":{"name":"PSN: Financial Institutions (Topic)","volume":"359 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-12-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124525400","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 7

Can Good Governance Lower Financial Intermediation Costs? 善治能降低金融中介成本吗?

PSN: Financial Institutions (Topic) Pub Date : 2018-12-01 DOI: 10.5089/9781484385678.001

Mariusz Jarmuzek, Tonny Lybek

引用次数: 4

Kalman Filter Demystified: From Intuition to Probabilistic Graphical Model to Real Case in Financial Markets 揭开卡尔曼滤波的神秘面纱:从直觉到概率图形模型再到金融市场的实际案例

PSN: Financial Institutions (Topic) Pub Date : 2018-11-28 DOI: 10.2139/ssrn.3292762

E. Benhamou

{"title":"Kalman Filter Demystified: From Intuition to Probabilistic Graphical Model to Real Case in Financial Markets","authors":"E. Benhamou","doi":"10.2139/ssrn.3292762","DOIUrl":"https://doi.org/10.2139/ssrn.3292762","url":null,"abstract":"In this paper, we revisit the Kalman filter theory. After giving the intuition on a simplified financial markets example, we revisit the maths underlying it. We then show that Kalman filter can be presented in a very different fashion using graphical models. This enables us to establish the connection between Kalman filter and Hidden Markov Models. We then look at their application in financial markets and provide various intuitions in terms of their applicability for complex systems such as financial markets. Although this paper has been written more like a self contained work connecting Kalman filter to Hidden Markov Models and hence revisiting well known and establish results, it contains new results and brings additional contributions to the field. First, leveraging on the link between Kalman filter and HMM, it gives new algorithms for inference for extended Kalman filters. Second, it presents an alternative to the traditional estimation of parameters using EM algorithm thanks to the usage of CMA-ES optimization. Third, it examines the application of Kalman filter and its Hidden Markov models version to financial markets, providing various dynamics assumptions and tests. We conclude by connecting Kalman filter approach to trend following technical analysis system and showing their superior performances for trend following detection.","PeriodicalId":405783,"journal":{"name":"PSN: Financial Institutions (Topic)","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-11-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130388693","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 7

The End of the Great Inversion: Offshore National Champion Banks and the Global Financial Crisis 大反转的终结:离岸国家冠军银行与全球金融危机

PSN: Financial Institutions (Topic) Pub Date : 2018-11-12 DOI: 10.2139/ssrn.3280497

Daniel Haberly, D. Wójcik

引用次数: 1

Assessment of Customer Relationship Management in Dashen Bank: Employee’s Perspective in Ethiopia 大申银行客户关系管理评价:埃塞俄比亚员工视角

PSN: Financial Institutions (Topic) Pub Date : 2018-11-01 DOI: 10.2139/ssrn.3430315

Aschalew Adane, D. Murty, K. Venugopal

引用次数: 0

Do Commodity Price Shocks Weaken the Financial Sector? 大宗商品价格冲击削弱了金融业吗?

PSN: Financial Institutions (Topic) Pub Date : 2018-11-01 DOI: 10.1111/twec.12667

Tidiane Kinda, Montfort Mlachila, Rasmane Ouedraogo

引用次数: 24

The Impact of Consumer Credit Access on Unemployment 消费信贷对失业的影响

PSN: Financial Institutions (Topic) Pub Date : 2018-10-01 DOI: 10.3386/W25187

Kyle F. Herkenhoff

{"title":"The Impact of Consumer Credit Access on Unemployment","authors":"Kyle F. Herkenhoff","doi":"10.3386/W25187","DOIUrl":"https://doi.org/10.3386/W25187","url":null,"abstract":"Unemployed households' access to unsecured revolving credit (credit cards) nearly quadrupled from about 12 percent to about 45 percent over the last three decades. This paper analyzes how this large increase in revolving credit has impacted the business cycle. The paper develops a general equilibrium business cycle model with search in both the labor market and in the credit market. This generates a very rich and empirically plausible level of heterogeneity in work and credit histories while at the same time permitting a tractable model solution. Calibrating to the observed path of credit use between 1974 and 2012, I find that the large growth in credit access leads to deeper and longer recessions as well as moderately slower recoveries. Relative to an economy with credit fixed at 1970s levels, employment reaches its trough about 1 quarter later and remains depressed by up to .8 percentage points three years after the typical recession in this time period (e.g. employment is depressed by 2.8% rather than 2%). The mechanism is that when borrowing opportunities are easy to find, households optimally search for better-paying but harder-to-find jobs knowing that if the job search fails they can obtain credit to smooth consumption. Despite longer recessions and slower recoveries, increased credit card use enhances welfare by reducing consumption volatility and improving job-match quality.","PeriodicalId":405783,"journal":{"name":"PSN: Financial Institutions (Topic)","volume":"16 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116399483","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 17

Bank Profitability and Bank Competition: Review of Literature and Directions of Future Research 银行盈利能力与银行竞争:文献综述与未来研究方向

PSN: Financial Institutions (Topic) Pub Date : 2018-09-30 DOI: 10.2139/ssrn.3258031

Y. Tan

引用次数: 1

The Elusive Quest for Additionality 对额外性的难以捉摸的追求

PSN: Financial Institutions (Topic) Pub Date : 2018-09-12 DOI: 10.2139/ssrn.3310521

Paddy Carter, Nicolas Van de Sijpe, Raphael Calel

引用次数: 21