1.

Record Nr.

UNINA9910960076903321

Autore

Maechler Andrea

Titolo

The Real Effects of Financial Sector Risk / / Andrea Maechler, Alexander Tieman

Pubbl/distr/stampa

Washington, D.C. : , : International Monetary Fund, , 2009

ISBN

9786612844065

9781462370900

146237090X

9781282844063

1282844067

9781452777306

1452777306

9781451873450

145187345X

Edizione

[1st ed.]

Descrizione fisica

1 online resource (49 p.)

Collana

IMF Working Papers

Altri autori (Persone)

TiemanAlexander

Disciplina

658.15

658.155

Soggetti

Financial risk

Economic development

Bank credit

Banking

Banks and Banking

Banks and banking

Banks

Credit

Depository Institutions

Finance

Finance: General

Financial Institutions and Services: General

Financial risk management

Financial sector risk

Financial sector

Financial services industry

General Financial Markets: Government Policy and Regulation

Industries: Financial Services

Micro Finance Institutions

Monetary economics

Monetary Policy, Central Banking, and the Supply of Money and Credit:



General

Money and Monetary Policy

Mortgages

Switzerland

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references.

Nota di contenuto

Cover Page; Title Page; Copyright Page; Contents; I. Introduction; II. Data; 1. Average Distance-to-Default in the Sample; 2. Average One-Year Expected Default Frequency; 1. The Distance-to-Default Measure; 3. Real Private Sector Credit Growth; III. Methodology; IV. Regresion Results and Discussion; 1. Macroeconomic Regressions-Distance-to-Default Indicators and Implied Effect on Credit Growth for Major European Banks; 2. Bank-Specific Regressions-Distance-to-Default Indicators and Implied Effect on Credit Growth for Major European Banks; V. Conclusion and Policy Implications

I. Data and Tables1. Data Summary; 2. Vector Error Correction Model Regression Results; 3. Macroeconomic Panel Regression Results for Private Sector Credit Using EDF1; 4. Macroeconomic Panel Regression Results for Private Sector Credit Using EDF5; 5. Macroeconomic Panel Regression Results for Private Sector Credit Using DD; 6. Macroeconomic Panel Regression Results for Private Sector Credit Using System DD; 7. Macroeconomic Panel Regression Results for Private Sector Credit Using DD Index; 8. Macroeconomic Panel Regression Results for Private Sector Credit Using Average Weighted DD

9. Macroeconomic Panel Regression Results for Private Sector Credit Using Average Weighted EDF110. Macroeconomic Panel Regression Results for Private Sector Credit Using Average Weighted EDF5; 11. Macroeconomic Panel Regression Results for GDP Using DD; 12. Bank-Specific Panel Regression Results Using EDF1; 13. Bank-Specific Panel Regression Results Using EDF5; 14. Bank-Specific Panel Regression Using DD; 15. Bank Specific Panel Regression Results Using EDF1 and Competition Controls; 16. Bank-Specific Panel Regression Results Using EDF5 and Competition Controls

17. Bank-Specific Panel Regression Results Using DD and Competition Controls18. Bank-Specific Panel Regression Results for GDP Using DD; References; Footnotes

Sommario/riassunto

This paper estimates the magnitude of key effects on the real economy from financial sector stress. We focus on the short-run feedback effect from market-based indicators of financial sector risk to the real economy through the credit channel, and estimate this effect on an economy-wide (macro) level, as well as on the level of individual large banks. Both estimates yield significant feedback effects of substantial magnitude. The estimates are consistent with other work in this area. Our results suggest that prudential supervision could be enhanced by taking into account the feedback effects of financial instability in the real economy. We also propose a way to integrate feedback effects into stress tests in order to improve realism and accuracy or macroeconomic stress scenarios, as well as a metric to interpret stress testing results.



2.

Record Nr.

UNINA9910953255203321

Autore

Lord Robert G (Robert George), <1946->

Titolo

Leadership processes and follower self-identity / / Robert G. Lord, Douglas J. Brown

Pubbl/distr/stampa

Mahwah, N.J., : Lawrence Erlbaum, 2004

ISBN

1-282-32225-7

9786612322259

1-4106-0886-7

Edizione

[1st ed.]

Descrizione fisica

1 online resource (263 p.)

Collana

LEA's organization and management series

Altri autori (Persone)

BrownDouglas J

Disciplina

158/.4

Soggetti

Leadership - Psychological aspects

Self-perception

Identity (Psychology)

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references (p. 218-236) and index.

Nota di contenuto

Book Cover; Title; Copyright; Contents; Series Foreword; Preface; Acknowledgments; Chapter 1 Common Sense, Science, and Leadership; Chapter 2 The Working Self-Concept and Behavior; Chapter 3 Level and Self-Concept; Chapter 4 Temporary and Enduring Effects of Leaders; Chapter 5 Generating a Mental Representation of a Leader's Behavior: Linking Perception to WSC Activation; Chapter 6 Leadership and Emotions; Chapter 7 Leadership and Organizational Justice; Chapter 8 The Value Added by a Second-Order, Subordinate-Focused Approach to Understanding Leadership Processes; References; Author Index

Subject Index

Sommario/riassunto

Presenting a follower-centered perspective on leadership, this book focuses on followers as the direct determinant of leadership effects because it is generally through follower reactions and behaviors that leadership attempts succeed or fail. Therefore, leadership theory needs to be articulated with a theory of how followers create meaning from leadership acts and how this meaning helps followers self-regulate in specific contexts. In this book, an attempt is made to develop such a theory, maintaining that the central construct in this process is the self-identity of followers. In developing