Search Results - subject:"Exponential Distribution"

Pricing perpetual American CatEPut options when stock prices are correlated with catastrophe losses

Kim, Hwa-sung; Kim, Bara; Kim, Jerim - In: Economic modelling 41 (2014), pp. 15-22

Persistent link: https://www.econbiz.de/10010438507

A new unified theory of sociobehavioral forces

Jasso, Guillermina - 2007

This paper proposes a new unified theory of sociobehavioral forces. The goal of the new theory is to integrate theories describing five sociobehavioral processes - comparison (including justice and self-esteem), status, power, identity, and happiness - bringing under a single theoretical...

Persistent link: https://www.econbiz.de/10010268702

Estimating the Effect of a Change in Insurance Pricing Regime on Accidents with Endogenous Mobility

Dionne, Georges; Dostie, Benoit - Centre Interuniversitaire sur le Risque, les Politiques … - 2007

In this paper, we estimate the impact of introducing a bonus-malus system on the probability of having automobile accidents, taking into account contract duration or the client mobility between insurers. We show that the new incentive scheme reduces accident rates of all policyholders when...

Persistent link: https://www.econbiz.de/10005015265

Estimating the effect of a change in insurance pricing regime on accidents with endogenous mobility.

Dionne, Georges; Dostie, Benoit - Institut d'Économie Appliquée, HEC Montréal (École … - 2007

Persistent link: https://www.econbiz.de/10005651471

Operational Risk; The Sting is Still in the Tail But the Poison Dependson the Dose

Jobst, Andreas - International Monetary Fund (IMF) - 2007

This paper investigates the generalized parametric measurement methods of aggregate operational risk in compliance with the regulatory capital standards for operational risk in the New Basel Capital Accord ("Basel II"). Operational risk is commonly defined as the risk of loss resulting from...

Persistent link: https://www.econbiz.de/10005768778

Towards an explanation of the exponential distribution of firm growth rates.

Coad, Alex - Maison des Sciences Économiques, Université Paris 1 … - 2006

A robust feature of the corporate growth process is the exponential distribution of firm growth rates. This striking … paper, we propose a simple theoretical model capable of explaining this observed exponential distribution. We do not attempt … employment growth in a hierarchy, and observe that growth rates follow an exponential distribution. …

Persistent link: https://www.econbiz.de/10005510661

Towards an Explanation of the Exponential Distribution of Firm Growth Rates

Coad, Alex - HAL - 2006

Persistent link: https://www.econbiz.de/10010750580

Are More Competitive Banking Systems More Stable?

Cihák, Martin; Wolfe, Simon; Schaeck, Klaus - International Monetary Fund (IMF) - 2006

This paper provides the first empirical analysis of the cross-country relationship between a direct measure of competitive conduct of financial institutions and banking system fragility. Using the Panzar and Rosse H-Statistic as a measure for competition in 38 countries during 1980-2003, we...

Persistent link: https://www.econbiz.de/10005825680

Currency Mismatches and Corporate Default Risk; Modeling, Measurement, and Surveillance Applications

Santos, Andre; Chan-Lau, Jorge A. - International Monetary Fund (IMF) - 2006

Currency mismatches in corporate balance sheets have been singled out as an important factor underlying the severity of recent financial crises. We propose several structural models for measuring default risk for firms with currency mismatches in their asset/liability structure. The proposed...

Persistent link: https://www.econbiz.de/10005826571

A Skew Laplace Distribution on Integers

Kozubowski, Tomasz; Inusah, Seidu - In: Annals of the Institute of Statistical Mathematics 58 (2006) 3, pp. 555-571

Persistent link: https://www.econbiz.de/10005395634