Bernoth, Kerstin; Pick, Andreas - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2009
This paper considers the issue of forecasting financial fragility of banks and insurances using a panel data set of … are important in the performance of banks and insurances, analyze the influences of a number of observable factors on … banking and insurance performance, and evaluate the forecasts from our model. We find that taking unobserved common factors …