En este artículo se aborda la forma de construir un clasificador eficiente a través de redes bayesianas utilizadas en la minería de datos y cuya finalidad es conseguir más precisión que otros modelos empleados en los problemas de credit scoring. El enfoque bayesiano, basado en modelos de...

Many processes in automatic regulation, physics, mechanics, biology, economy, ecology etc. can be modelled by hereditary equations (see, e.g. [1–6]). One of the main problems for the theory of stochastic hereditary equations and their applications is connected with stability. Many stability...

What are the principal steps to a truly new international economic order, which would structurally eradicate global monetary imbalances, namely crises due to the intrinsic properties of the current economic system? Why should an international currency unit (f. i. the “renewed” Special...

This paper examines the influence of environmental factors on the technical and revenue efficiency of German savings banks. It employs a two-step approach, using, first, data envelopment analysis to calculate efficiency and, second, multivariate regressions to examine the influence of regional...

The macroprudential regulatory framework of Basel III imposes the same minimum capital and liquidity requirements on all banks around the world to ensure global competitiveness of banks. Using an agent-based model of the financial system, we find that this is not a robust framework to achieve...

Demographic change influences the structure of the entrepreneurially active population, which may affect credit risk and financing conditions of small firms. Using bank internal data of small business loans in Germany, we find that the lending relationship plays a larger role for loan prices...

Studie über die Situation von privater Überschuldung betroffener Menschen in Deutschland bis einschließlich ersten Quartal 2014: Ausgewertet wurden die Daten von mehr als 50.670 überschuldeten Haushalten in 20 Schuldnerberatungsstellen. Die Studie analysiert die Schulden, Verzugszinsen und...

This paper investigates the performance of Germany’s three-pillar banking system in providing financial services nationwide, regarding different outreach indicators. At the federal state level, bank outreach shows South-North and West-East gaps. Combining regional and bank data at the district...

Apart from altruistic reasons, NGOs may engage in developing countries under conditions of conflict and war in order to secure funding and survive in the ‘market’ of humanitarian relief and development assistance. Applying a difference-in-difference-in-differences approach, we analyze...

The macroprudential regulatory framework of Basel III imposes the same minimum capital and liquidity requirements on all banks around the world to ensure global competitiveness of banks. Using an agent-based model of the financial system, we find that this is not a robust framework to achieve...