This paper is aimed at: reviewing the contents of the proposals, drawing on the results of theoretical and empirical research wherever possible, in order to underscore relative strengths and/or weaknesses; providing a critical analysis of the strengths and weaknesses of the proposals, which...

We evaluate the impact of government ownership on the issuer and individual ratings of a sample of 224 large European banks over the 1999-2004 period. Individual ratings differ from traditional ones in that they focus on banks' economic and financial conditions and do not take into account any...

The paper (in Italian) presents an approach, based on (Pykhtin 2004), to the measurement (and explanation) of the gap between regulatory capital and economic capital. The methodology proposed in the paper accounts for the effect of concentration risk on a credit portfolio, as mandated by the...