Artículo de revista ; The results of the Bank Lending Survey reflect, in general, a slightly less expansionary creditsupply, both in Spain and the euro area, in 2019 Q2. Thus, credit standards tightened in Spain in the two household segments, while in the euro area standards tightened for both...

En este trabajo mostramos que el tiempo de originación de un préstamo es crucial para entender la política crediticia, los ciclos y los impagos de los préstamos bancarios. Con ese fin, empleamos el registro de crédito del Banco de España (CIRBE), que contiene la fecha exacta de la...

We identify the impact of short-term interest rates on credit risk-taking by analyzing a comprehensive credit register from Spain, a country where for the last twenty years monetary policy was mostly decided abroad. Discrete choice, within borrower comparison and duration analyses show that...

En este trabajo mostramos que los estándares de concesión de préstamos por parte de los bancos se ven afectados por las condiciones macroeconómicas. Utilizamos datos mensuales entre 2002 y 2015 de la Central de Información de Riesgos del Banco de España (CIRBE), que nos permiten monitorear...

Incrementos excesivos de los precios de la vivienda han estado históricamente correlacionados con el deterioro de los estándares crediticios de las hipotecas. No obstante, la evidencia en España muestra que la ratio préstamo-valor (LTV, por sus siglas en inglés) no refleja apropiadamente...

El presente documento muestra evidencia clara de la asociación entre los estándares crediticios en la concesión de un préstamo y el riesgo de impago, una cuestión que ha recibido poca atención en la literatura macrofinanciera, más allá de lo relativo al mercado hipotecario. Usando datos...

We test for and model the volatility jumps for three major indices of the Athens Stock Exchange (ASE). Using intra-day data we first construct several, state-of-the-art realized volatility estimators. We use these estimators to construct the jump components of volatility and perform various...

Includes descriptive metadata provided by producer in QuickTime movie file: "Politics, Economics and Social Issues - Video - Paul Volcker talks about the economic crisis." By Vanderbilt University. Paul A. Volcker, senior economic advisor to President Obama and former chairman of the Federal...

In a business interaction, risk highlights and expresses the uncertainty associated with the achievement of desired outcomes. Failure to achieve these outcomes will result in the interacting userexperiencing financial loss in the business interaction. The level of financial loss that could be...

The development and advancement of technologies have enabled users to complete their tasks efficiently. They have also provided them with various options and alternatives to complete and achieve their tasks. In such an environment, it is imperative for a user to make informed decisions that...