Buscar
Mostrando ítems 1-10 de 2147
Sex and credit: Do gender interactions matter for credit market outcomes?
(Elsevier B.V., 2018)
This paper studies the effects of gender interactions on the supply of and demand for credit using data from a large Albanian lender. We document that first-time borrowers assigned to officers of the opposite sex are less ...
The effect of information sharing between lenders on access to credit, cost of credit, and loan performance - evidence from a credit registry introduction
(Elsevier Science Bv, 2012-11)
Using a rich dataset from a commercial bank in Albania, we utilize the introduction of a public credit registry by the Albanian central bank in January 2008 as a natural experiment to analyze the effect of information ...
Interest rates and informational issues in the credit market: experimental evidence from Brazil
(Pergamon-Elsevier Science Ltd, 2014-07)
This paper utilizes Brazilian data to investigate interest-rate sensitivity and informational issues associated with the credit demand of the middle-income class in a large emerging economy. This study's data were collected ...
Solving the mean–variance customer portfolio in Markov chains using iterated quadratic/Lagrange programming: A credit-card customer limits approach
(ELSEVIER, 2015-03-09)
In this paper we present a new mean–variance customer portfolio optimization algorithm for a class of ergodic finite controllable Markov chains. In order to have a realistic result we propose an iterated two-step method ...
A credit risk model for consumer loan portfolios
(2007)
We propose a credit risk model for consumer loan portfolios in Brazil. Consumer profiles and the risk classification of credit operations are used to segment the portfolios. Credit loss distributions for each segment are ...
Credit granting to small firms: a Brazilian case
(Elsevier Science Inc, 2011-03)
Transaction costs limit the supply of credit to small and medium-sized firms (SMEs). From a sample of 65,535 SME credit proposals submitted to a large Brazilian bank between January 2004 and September 2006, this research ...
Reading the fine print: information disclosure in the Brazilian credit card market
(INFORMS Inst.for Operations Res.and the Management Sciences, 2016)
Consumer credit regulations usually require that lenders disclose interest rates. However, in the absence of specific prominence requirements, lenders can conceal the interest rate in the fine print while still complying ...
Pricing and modeling credit derivatives
(Sociedade Brasileira de Econometria, 2007-05-01)
The market involving credit derivatives has become increasingly popular and extremely liquid in the most recent years. The pricing of such instruments offers a myriad of new challenges to the research community as the ...
Information in CDS spreads
(Elsevier Science Bv, 2017-02)
We investigate how public and private information affects corporate CDS spreads prior to rating announcements. First, CDS spreads of firms with high news intensity change significantly earlier and more strongly prior to ...