Refine Search
Input a time range for publish date searching.
Article Types
Publication Year

Articles ( Showing 21-40 of 33 items)
Searched for: [ Keywords: "Bank runs" ] clear all
Journal Article
Nexus Between Asset Class Volatility and the Output Gap in Nigeria: A Bayesian Var Approach
by richard umeokwobi , Abayomi Awujola , Emeka Nkoro  and  Marvelous Aigbedion
Abstract
Excessive volatility in financial markets can disrupt economic activity, affect investor and consumer confidence, and potentially lead to financial crises in an economy. Due to this backdrop, this study examined the link between asset class volatility and the output gap in Nigeria. The asset classes were categorized into stock, crude, gold, and bitcoin. The study adopted the GA [...] Read more
Hit Affiliation:
Central Bank of Nigeria, Nigeria

Journal Article
Reasonableness and Correctness for Operational Value-at-Risk
by Peter Mitic
Abstract
Calculating the amount of regulatory capital to cover unexpected losses due to operational events in the upcoming year has caused problems because of difficulties in fitting probability distributions to data. It is consequently difficult to judge an appropriate level of capital that reflects the risk profile of a financial institution. We provide theoretical and empirical analy [...] Read more
Hit Affiliation:
Risk Analytics, Santander Bank, London, UK

Journal Article
Interactive influence of house prices and the repo rate on household debt in South Africa
by Juniours Marire
Abstract
The recent interest rate policy decisions of the South African Reserve Bank have been criticized significantly by left-leaning political parties and civic society organisations for being anti-poor, anti-labour, and pro-capital because of their implications for household debt. Existing literature has established that interest rates and house prices are insignificant determinants [...] Read more

Journal Article
Can Education Reduce or Mitigate Discrimination? An Investigation on Earnings of PhD Recipients in the US
by Wei-Chiao Huang , Qing Zang  and  Daxue Kan
Abstract
Spence’s signaling model (Spence, 1973) suggests that education can signal workers’ unobserved ability to employers thereby mitigating discrimination. There have been several studies concerning education’s impact on labor market discrimination against minority or disadvantaged groups. Our approach in this inquiry is unique in that we utilize the data of PhD re [...] Read more
Hit Affiliation:
Bank OZK, USA

Journal Article
COVID-19 and SMEs deposits with commercial banks: evidence from African economies
by Abdulazeez Y.H. Saif-Alyousfi
Abstract
This paper examines the impact of COVID-19 on Small and medium-sized enterprises (SMEs) deposits across 13 African nations from 2016 to 2022, using a seven-year dataset and Ordinary Least Squares estimator. Notably, it uncovers a significant positive link between the pandemic and SMEs deposits, indicating heightened reserves amidst economic uncertainty, potentially driven by ri [...] Read more

Journal Article
Which Component of Deposit Drives Systemic Risk Volatility
by Yunying Huang  and  Kenichiro Soyano
Abstract
Bank deposit is closely related to systemic risks. In addition, considering that resident deposits in China have significant seasonal characteristics, this paper focuses on which component of deposits drives the systemic risk volatility, that is, it can supplement the existing forecast information. We use X-13ARIMA-SEATS to decompose deposit into three subsequences. The researc [...] Read more

Journal Article
Informed Trading of Sell-Side Analysts: Evidence from Class Action Lawsuits
by Hyoseok David Hwang
Abstract
This paper examines whether sell-side analyst-affiliated investors trade stocks before their analysts release material information. Using class action lawsuits, I explore the pre-lawsuit periods and investigate how potentially informed analysts trade their covered firms. The event study finds that analyst-affiliated investors reduce their stockholdings of firms prior to their o [...] Read more

Journal Article
Contribution of the Strategic Economic Plan to Singapore’s Long-term Growth: A Synthetic Control Approach
by Júlia Gallego Ziero Uhr , Felipe Weizenmann , Daniel de Abreu Pereira Uhr , Mariana Fialho Ferreira  and  Igor Serpa Moraes
Abstract
We assess the impact of the Strategic Economic Plan on Singapore’s long-term GDP per capita. To our knowledge, we are the first to evaluate the effect of the 1991 plan on Singapore’s successful growth trajectory using methodologies aimed at causal identification. In other words, this article applies the Synthetic Control method and World Bank data from 1970 to 2018. [...] Read more

Journal Article
Critical condition for deposit insurance to partially or fully substitute for raising capital under cyclical economic environment
by Hong Mao , Krzysztof Ostaszewski  and  Jin Wang
Abstract
Regulation of financial institutions has two key purposes: Solvency (prudential regulation) and consumer protection. Prudential regulation is implemented mainly by capital requirements, but governments also provide insurance for customer deposits, as a backup tool. In this article, we discuss the critical conditions for deposit insurance and capitalization to act as substitutes [...] Read more

Journal Article
Dynamic Nonlinear Relationship between Digital Transformation, Green Transformation in Manufacturing Industry and Labor Structure: Evidence from Panel VAR Analysis
by Haiyong Jiang , Yinghui Han , Yue Wang  and  Zhenyu Chen
Abstract
The digital transformation of manufacturing industry can promote the development of green transformation and promote the differentiation of workers’ skill structure; On the other hand, it will also hinder the green development due to the huge energy consumption generated by the application of digital technology and facilities. In addition, the green transformation of manu [...] Read more
Hit Affiliation:
Ping An Bank Co., Ltd., Jinan Branch, Jinan, China

Journal Article
Knowledge Sources and Manufacturing Enterprise’s Technological Innovation
by Shuang Yao , Ying Li  and  Xin Zhao
Abstract
This paper uses the questionnaire data of the World Bank’s China Enterprise Survey 2012 to establish a Logit model to empirically study the relationship between knowledge sources and technological innovation in Chinese manufacturing enterprises. The results show that although internal and external knowledge has a positive effect on enterprise technological innovation in g [...] Read more

Journal Article
A pipeline between producer and consumer prices in Ghana: A Policy Issue
by Johnson Worlanyo Ahiadorme  and  Linda Akoto
Abstract
As prices have grown at their fastest pace in recent times, inflation has become a key concern for the macro-policy environment. In many jurisdictions, consumer prices have typically formed the basis for price stability policies. Notwithstanding, producer prices remain an important channel and must be closely watched. We utilise data on Ghana and investigate the causal links be [...] Read more

Journal Article
Gross Domestic Products (GDP) is not a Proper Indicator of Measurement and Economic Power Comparison for Emerging Economies: A Judgement from International Distributions of Net Factor Income from Abroad
by Dong Qiu  and  Yafei Wang
Abstract
Global distributions of net factor income from abroad (NFI) during 1990-2019 have witnessed that (1) the United States is the top one country accounting for 40% of surpluses of the global total, while a surge in China’s deficit with its GDP increase; (2) GDP growth in emerging economies has a price scissors with NFI deficits; (3) asymmetric NFI has covered up the severity [...] Read more