“...In this paper, we examine the effect of implicit seller reserves on the estimation of value-at-risk based on historical asset sales data. We direct our...”

“...The aim of this paper is to examine the role of gold in the global financial system. We test the hypothesis that gold represents a safe haven against stocks of...”

“...The paper examines the extent of the current global crisis and the contagion effects it induces by conducting an empirical investigation of the extreme...”

“...China is reforming its banking system, partially privatizing and taking on minority foreign ownership of three of its dominant “Big Four” state-owned banks...”

“...This paper examines herding behavior in global markets. By applying daily data for 18 countries from May 25, 1988, through April 24, 2009, we find evidence of...”

“...We use a sample of large international commercial banks to test hypotheses on the dual role of boards of directors. We use a suitable econometric model (two...”

“...We analyze the importance of firm-specific and country-specific factors in the leverage choice of firms from 42 countries around the world. Our analysis yields...”

“...We investigate whether loan growth affects the riskiness of individual banks in 16 major countries. Using Bankscope data from more than 16,000 individual banks...”

“...We propose a more complete conceptual framework for analysis of SME credit availability issues. In this framework, lending technologies are the key conduit...”

“...This paper investigates whether an investor is made better off by including commodities in a portfolio that consists of traditional asset classes. First, we...”