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ORGANIZATIONAL AND SECTORAL CHANGES IN TRANSITION BANKING: ESTONIAN EXPERIENCE
banking internationalization banking sector development electronic banking
2011/9/24
Our study examines organizational and sectoral developments in the Estonian banking sector. It can be concluded that despite the unstable economic and legal environment during the transition period, b...
Transition Probability Matrix Methodology for Incremental Risk Charge
constructing transition TPMs the available historical data the merger of one-year Basel PD deriving a monthly
2011/3/23
As part of Basel II's incremental risk charge (IRC) methodology, this paper summarizes our extensive investigations of constructing transition probability matrices (TPMs) for unsecuritized credit prod...
Productive Employment Generation in a Transition Economy: A Nigerian Perspective
price exchange rate monetary policy instruments money supply and monetary management
2011/6/1
The main objective of this paper is to provoke some thoughts on the foreign exchange market and monetary management in Nigeria.
Dynamic Estimation of Credit Rating Transition Probabilities
Credit Rating Transition Probabilities
2010/11/3
We present a continuous-time maximum likelihood estimation methodology for credit rating
transition probabilities, taking into account the presence of censored data. We perform
rolling estimates of ...
UNDERSTANDING THE TRANSACTION COSTS OF TRANSITION: IT’S THE CULTURE, STUPID
TRANSACTION COSTS TRANSITION CULTURE STUPID
2014/6/25
In the early 1990s, Central and Eastern Europecountires (C&EE) began transition into free-market, private-property economies. Thirteen years later, the Index of Economic Freedom published annually by ...