Search results for "Finanz"
showing 10 items of 462 documents
Risk committee complexity and liquidity risk in the European banking industry
2021
Abstract The present study aims to investigate how bank governance characteristics are related to liquidity risk by analysing board composition, gender, and the risk committee. A dynamic panel data model is employed on a sample of European banks during the period after the financial crisis (from 2011 to 2017). Furthermore, we collect information about the profiles of the directors on the boards of banks, thereby creating five categories of risk committee members. To address the endogeneity issue, a generalised method of moments two-step estimator is implemented. The findings highlight that the fundamental role of the risk committee adequately shields banks against general liquidity risks. M…
L’accertamento nella disciplina dell’imposta sul valore aggiunto
1986
L'INDAGINE ATTIENE ALL'ESERCIZIO DEI POTERI ISTRUTTORI DELL'AMMINISTRAZIONE FINANZIARIA NELL'ACCERTAMENTO DELL'IMPOSTA SUL VALORE AGGIUNTO, ATTRAVERSO LA DISAMINA DELLA DISCIPLINA E DEI LIMITI IMPOSTI DAL DIRITTO POSITIVO
L'emergenza sismica a Palermo. Finanziamenti e interventi in centro storico
2012
Il contributo affronta il tema della riqualificazione della città storica a Palermo. Grazie ai finanziamenti pubblici concessi ai privati a seguito dell'emergenza sismica del 2002 furono avviati una serie di importanti restauri nel mandamento Tribunali Castellammare.
A parallel simulated annealing approach to the K shortest loopless paths problem
1997
The k shortest loopless paths problem is a significant combinatorial problem which arises in many contexts. When the size of the networks is very large the exact algorithms fail to find the best solution in a reasonable time. The aim of this paper is to suggest parallel efficient algorithms to obtain a good approximation of the solution to the k shortest loopless paths problem between two arbitrary nodes, when the network size is large. The heuristic used is known in literature as Simulated Annealing. Preliminary tests have been conducted for evaluating the validity of the proposed algorithms. The quality of the obtained results represents a significant base for further experimentations.
The combined distribution/assignment problem in transportation network planning: a parallel approach on hypercube architecture
1995
The joint distribution/assignment problem plays a central role in urban transport network planning. In this problem, according to the mathematical model proposed by S. P. Evans, the trips are iteratively calculated and assigned to the network in such a way that the resulting traffic flows pattern satisfies the selfish equilibrium condition. Unfortunately the number of variables and constraints increase hardly with the greatness of the networks causing long computational time for the equilibrium solution. In this paper an nCUBE 2 parallel computing architecture is employed to solve the combined problem and to asses the potential of MIMD machines to handle large scale transportation network p…
Patterns of poverty among elderly Americans: a Latent Class Markov Model
2017
ABSTRACTThis article studies poverty persistence and the role of social security programmes on poverty among elderly in the US. We use a Latent Markov model to disentangle unobserved heterogeneity and state dependence. Because of its dynamic nature, unobserved heterogeneity is modelled to vary over time. This allows to capture different latent states of poverty that change over time. Result indicates the existence of three unobserved types evolving over time according to their propensity to be poor. Moreover, a strong persistence in poverty especially for women, individuals living alone and ethnic minorities is found. Finally, the estimates indicate that giving social assistance tends to re…
Endeudamiento municipal en la región de Lleida a finales del siglo XVII
2018
Este articulo quiere analizar la evolución del endeudamiento de los municipios de la región económica de Lleida a finales del siglo XVII para poner de relieve no solo el enorme peso que este tuvo sobre los municipios catalanes de los siglos modernos, sino también el efecto que causó la expansión económica de los años previos a la guerra de Sucesión sobre esta deuda. Durante los años estudiados hemos podido observar una mejora evidente sobre el nivel de endeudamiento comunal, pero también la persistencia de problemas crónicos en las finanzas municipales. In this paper is analyzed the municipal debt evolution of the Lleida region during the late seventeenth century. It highlights the importan…
Asset Return Dynamics under Alternative Learning Schemes
2009
In this paper we design an artificial financial market where endogenous volatility is created assigning to the agents diverse prior beliefs about the joint distribution of returns, and, over time, making agents rationally update their beliefs using common public information. We analyze the asset price dynamics generated under two learning environments: one where agents assume that the joint distribution of returns is IID, and another where agents believe in the existence of regimes in the joint distribution of asset returns. We show that the regime switching learning structure can generate all the most common stylized facts of financial markets: fat tails and long-range dependence in volati…
"I RIFLESSI STRATEGICI ORGANIZZATIVI E CONTABILI DEI PRINCIPI CONTABILI INTERNAZIONALI NELLE IMPRESE BANCARIE"
2008
Questo lavoro fornisce una prima ricognizione degli effetti che l’adozione dei principi contabili internazionali da parte delle imprese bancarie ha comportato, da un punto di vista sia strettamente contabile sia organizzativo. In particolare, sono stati oggetto di analisi i principi che disciplinano il trattamento contabile e la disclosure delle voci di bilancio di natura finanziaria, e quindi i principi IAS 32, IAS 39 e IFRS 7. Nella prima parte del lavoro sono state esposte le principali novità introdotte da questi principi, dando particolare rilievo al criterio del fair value ed al diverso trattamento previsto per gli strumenti derivati rispetto alla precedente prassi contabile. Nella se…
La regulación del coeficiente de recursos propios en las Cajas de Ahorros españolas ¿Convergencia o efectividad?
2000
Victor.E.Barrios@uv.es En las dos últimas décadas se ha producido un intenso proceso de capitalización de las cajas de ahorros españolas que ha coincidido, desde 1985, con un endurecimiento de la legislación bancaria de control de recursos propios. En este marco de referencia cabe preguntarse si esta regulación indujo a estas entidades a incrementar sus cocientes de capital, hasta el punto de que éstos alcanzasen niveles superiores a los que habrían mantenido en caso de no haber existido la misma. Con ese objetivo, en este trabajo se analiza la efectividad de la regulación de capital proponiendo, para ello, diversos métodos empíricos basados en el estudio del proceso de convergencia de los …