Search results for "ANKI"
showing 10 items of 816 documents
Bank-specific shocks and aggregate leverage: Empirical evidence from a panel of developed countries
2020
International audience; This paper investigates the link between shocks in the banking sector and aggregate leverage measured by the credit-to-GDP gap. Using a balanced panel of 15 countries for the period 1989–2016, we exploit the approach due to Gabaix (2011) and consider banking granular shocks as an indicator of banking distress. Using methods that account for potential endogeneity, we find that banking shocks Granger-cause aggregate leverage. In particular, banking shocks tend to increase the level of leverage and cause departures of the credit-to-GDP ratio from its long-term trend.
Interest Rate Risk in Banking: a Theoretical and Empirical Investigation through a Systemic Approach (Asset & Liability Management).
2013
The paper provides a theoretical analysis of the interest rate risk in banking through a systemic approach that is known in literature as “asset & liability management” approach. The paper provides also an empirical investigation on the exposure of banks to interest rate risk, using three different scenarios: parallel shift, slope shift, and bump shift of interest rate curves.
Oppimiskontekstin vaikutus oppijanpragmatiikkaan : astemääritteet leksikaalisina nallekarhuina
2015
Artikkelissa käsitellään oppimisympäristön vaikutusta astemääritteiden käyttöön. Astemääritteet ovat jonkin ominaisuuden asteen suurta, kohtalaista tai vähäistä määrää ilmaisevia, pragmaattista merkitystä kantavia adverbeja (esim. melko, hyvin, tosi). Oppimisympäristön vaikutusta käsitellään artikkelissa korpusten avulla. Vaikka tällä hetkellä käytössä olevat oppijansuomen aineistot eivät ole täysin vertailukelpoisia keskenään esimerkiksi tekstien tehtävänantojen suhteen, voidaan niiden avulla tehdä alustavia havaintoja oppimiskontekstin vaikutuksesta ja edelleen hypoteeseja tulevia tutkimuksia varten. Oppimiskontekstilla tarkoitetaan tässä tutkimuksessa sitä ympäristöä, jossa kieltä opitaa…
The Substitutability of Unfair Contract Terms in Credit Agreements Denominated and Indexed to Foreign Currencies
2020
This contribution deals with the problem of the capacity of the court to replace the unfair term in the loan agreements with a supplementary provision of national law. The main aim of the contribution is to confirm the thesis, that the court is not entitled to change the condition for which it states that it is unfair despite the conscious and fixed will of the consumer himself. We have used formal – dogmatic approach for this text.
A comparative statistical analysis between the italian local banks, the effects of the financial crisis on funding and credit policies
2014
This work intends to carry out a comparative statistics between Italian banks (both co-operative banks that banks) about their economic and corporate profiles in the period immediately before (2006-2007) and in the immediate aftermath (2008- 2011) to the international financial crisis. In this way, we will try to investigate whether the global economic shock caused any differences between these banks in their funding policies, credit policies.
Technological Districts and the Financing of Innovation: Opportunities and Challenges for Local Banks
2016
The paper deals with the role that local banks (especially credit cooperative banks) might play in financially supporting the development of technological districts and innovative firms. After introducing the concept and features of technological districts, it focuses on the relations between districts and local banks and between the adoption of innovation and local banking. The central part is an econometric exercise aimed at measuring the weight of high value financial services over the income of a sample of Italian credit cooperative banks. Taking into account the cultural, managerial and organizational requirements of local banks, the work provides insights into how this category of ban…
Banks’ unfairness and the vulnerability of low-income unbanked consumers
2018
This paper’s objective was to explore low-income unbanked consumers’ perceptions of bank fairness and the way these perceptions were linked to consumer experiences of vulnerability. Qualitative data were used to analyse low-income consumers’ perceptions about banks’ services and communications. The study finds that although consumers’ financial inclusion is partially hindered by their personal circumstances, the perceived unfair treatment by banks has an even more negative impact on their financial inclusion. Low-income unbanked individuals report banks avoiding them, discriminating against them and impeding their financial inclusion. Banks’ perceived unfairness towards low-income consumers…
Lucrezio e Carlo Magno. A proposito dell’epistola di Dungal sulle eclissi (MGH Epistolae IV Karolini aevi II, pp. 570-578)
2021
It is generally assumed that Lucretius’ De Rerum Natura disappeared with the end of antiquity and did not reappear until Poggio Bracciolini’s rediscovery (1417). Yet, the oldest and most valuable manuscripts of DRN were copied in the Carolingian age and reflect a high degree of attention to Lucretius’ text and its content. In the present paper, I argue that by studying more carefully the origin and diffusion of Lucretian manuscripts in Carolingian Europe, it is possible to detect an almost unrecognized connection between textual tradition, grammatical erudition, and literary imitatio. In the first section, I offer an overview of the reception of DRN in such representative ninth-century writ…
Le scelte strategiche e operative delle banche locali nelle regioni dei distretti tecnologici italiani
2011
Con questo lavoro si intende verificare se si sono manifestati dei cambiamenti associati alla crisi finanziaria globale nelle scelte operative, strategiche e attinenti la natura dell’offerta della particolare categoria di intermediario finanziario rappresentata dalle banche locali. Si cercherà di verificare se quest’ultima tipologia di intermediario, sfruttando i propri punti di forza connessi alla vocazione territoriale delle scelte strategiche incentrate sulla filosofia del relationship lending che pone come valore di riferimento il cliente e di conseguenza alla disponibilità di un portafoglio informativo sulle esigenze del cliente molto più ampio sia stata grado di offrire alla clientela…
A simple model of income, aggregate demand and the process of credit creation by private banks
2013
This paper presents a small macroeconomic model describing the main mechanisms of the process of creation by the private banking system. The model is composed of a core unit-where the dynamics of income, credit and aggregate demand are determined-and a set of sectoral accounts that ensure its stock-flow consistency. In order to grasp the role of credit and banks on the functioning of the economic system we make an explicit distinction between planned and realized variables, thanks to which, while maintaining the ex-post accounting consistency, we are able to introduce an ex-ante wedge between current aggregate income and planned expenditure. Private banks are the only economic agents capabl…