Banking system reform, earnings quality and credit allocation
نویسندگان
چکیده
منابع مشابه
Money, credit and banking
In monetary models in which agents are subject to trading shocks there is typically an ex-post inefficiency in that some agents are holding idle balances while others are cash constrained. This inefficiency creates a role for financial intermediaries, such as banks, who accept nominal deposits and make nominal loans. We show that in general financial intermediation improves the allocation and t...
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Using the industrial economics approach to the microeconomics of banking we analyze a large bank under credit risk. Our aim is to study how a risky loan portfolio affects optimal bank behavior in the loan and deposit markets, when credit derivatives to hedge credit risk are available. We examine hedging without and with basis risk. In the absence of basis risk the usual separation result is con...
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Learning systems which engage in sequential activity face the problem of properly allocating credit to steps or actions which make possible later steps that result in environmental payoff. In the classifier systems studied by Holland and others, credit is allocated by means of a "bucketbrigade" algorithm through which, over time, environmental payoff in effect Bows back to classifiers which tak...
متن کاملSelf-Employment in Household Enterprises and Access to Credit: Gender Differences during India’s Rural Banking Reform
This study uses use four cross sections of household survey data collected by India’s National Sample Survey Organization between 1983 and 2000 to examine the role of credit in encouraging small-scale entrepreneurship among men and women in rural labor households. Results from two-stage probit least squares estimations indicate that land ownership, a key means of providing collateral, serves on...
متن کاملBanking Reform in India∗
Measured by share of deposits, 83 percent of the banking business in India is in the hands of state or nationalized banks, which are banks that are owned by the government, in some, increasingly less clear-cut way. Moreover, even the non-nationalized banks are subject to extensive regulations on who they can lend to, in addition to the more standard prudential regulations. Government control ov...
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ژورنال
عنوان ژورنال: China Journal of Accounting Research
سال: 2012
ISSN: 1755-3091
DOI: 10.1016/j.cjar.2012.08.001