0000000000594548
AUTHOR
Ilja Arefjevs
Basel III: Countercyclical Capital Buffer Proposal-the Case of Baltics
Abstract The objective of countercyclical capital buffer is to encourage banks to build up buffers in good times that can be drawn down in bad times. The aim of the report is to assess such decisions by banks derived from two approaches. The approaches are the aggregate credit-to-GDP ratio as well as credit growth. The approaches are implemented for Estonia, Latvia and Lithuania for the time period 2000–2012. The report compares two approaches and analyses their relevance to the Baltic states by testing the correlation between a growth in studied variables and a growth of corresponding gaps. Methods used in the empirical part of the report are econometric analysis as well as economic analys…
PRIVATE FINANCING ALTERNATIVES FOR INFRASTRUCTURE OF STATE OWNED ENTERPRISES
The aim of the article is to examine infrastructure classification and assess private financing alternativesfor major groups of physical infrastructure under ownership of state owned enterprises in Latvia.Tasks of the research include examining types infrastructure with a focus on physical infrastructure,explaining importance of physical infrastructure to economy of a country and society, studying physicalinfrastructure financing challenges and problems, conducting a research on a state owned enterprisesin Latvia, which own physical infrastructure, conducting expert interviews to reveal key challenges ofprivate financing alternatives for funding of infrastructure of state owned enterprises …
Analysis of the Aggregate Financial Behaviour of Customers Using the Transtheoretical Model of Change
Abstract The authors addressed the problem of aggregate financial behaviour of customers by using the transtheoretical model of change. Aggregate financial behaviour of customers was studied by analyzing payment cards, private pension savings and mortgage loans. The transheoretical model of change was chosen as a theoretical framework for the analysis. Conclusions are based on results of regression analysis of empirical evidence of customers’ financial behaviour relation to the given products during the time period 2001-2013 in Latvia and further logical inferences by authors, which are consistent with the chosen theoretical framework of the transtheoretical model of change