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employed have an influence on the worker's risk to become unemployed? (b) How do general and specific skills acquired in the … firm affect the worker's unemployment risk? The empirical analyses are based on three matched data sets: (i) survey data …
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Our study is focused on compliance with risk policy - the minimum standard required of finance professionals …
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This paper investigates the incentives for banks to bias their internally generated risk estimates. We are able to … estimate bank biases at the credit level by comparing bank-generated risk estimates within loan syndicates. The biases are … credits. In addition, we find that low-capital banks' risk estimates have less explanatory power than those of high …
Persistent link: https://www.econbiz.de/10013039623
This paper investigates the incentives for banks to bias their internally generated risk estimates. We are able to … estimate bank biases at the credit-level by comparing bank generated risk estimates within loan syndicates. The biases are … addition, we find that low-capital banks' risk estimates have less explanatory power than those of high-capital banks with …
Persistent link: https://www.econbiz.de/10013040590
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Based on the economic literature and international comparison, the paper examines the adequacy of the terms of Italian project financing contracts to build and operate public works, and identifies potential areas for improvement. We analyze the main contractual content of the public works...
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