Zobrazeno 1 - 10
of 26
pro vyhledávání: '"Berry K. Wilson"'
Autor:
Berry K. Wilson, Bernard McSherry
Publikováno v:
Review of Financial Economics. 38:210-225
Publikováno v:
Journal of Money, Credit and Banking. 49:1273-1298
The securities settlement literature indicates that centralized settlement can reduce monitoring incentives and lead to excessive risk‐taking and inefficient risk‐sharing. This paper examines broker‐failure rates and counterparty losses surroun
Autor:
Berry K. Wilson, Anthony Saunders
Publikováno v:
SSRN Electronic Journal.
The issue of bank dividend regulation has become highly controversial as the stress induced on bank capital during the 2008 financial crisis and the covid pandemic created a demand for enhanced regulation and restrictions on bank dividend payments. T
Autor:
John Donnellan, Berry K. Wilson
Publikováno v:
Financial Markets, Institutions & Instruments. 25:49-74
The subprime crisis seriously undermined the credibility of the rating agencies and their approach to analyzing credit risk. Along with other identified problems with bond ratings, this study investigates the issue that the technology used by the rat
Publikováno v:
Journal of Brand Management. 20:488-500
The efficient markets hypothesis suggests that the stock price of a firm reflects investor perceptions of the current and future earnings potential of all of its assets, both tangible and intangible. Brand value can be viewed as an intangible firm as
Autor:
Bernard McSherry, Berry K. Wilson
Publikováno v:
SSRN Electronic Journal.
The study analyzes a unique time period of sustained deflation from 1867 to 1896, followed by sustained reflation after 1896. We use these periods to test two hypotheses concerning the impact on NYSE trading volumes and seat prices. The first is the
Autor:
Berry K. Wilson, Bruce D. McCullough
Publikováno v:
Computational Statistics & Data Analysis. 40:713-721
The problems that rendered Excel 97 unfit for use as a statistical package have not been fixed in either Excel 2000 or Excel 2002 (also called "Excel XP"). Microsoft attempted to fix errors in the standard normal random number generator and the inver
Autor:
Edward J. Kane, Berry K. Wilson
Publikováno v:
The Quarterly Review of Economics and Finance. 42:649-671
Using annual deviations between the stock market and accounting valuations of major banks, this paper constructs synthetic century-long time series for the intangible safety-net capital generated by reporting and supervisory policies in Canada and th
Autor:
Anthony Saunders, Berry K. Wilson
Publikováno v:
Journal of Financial Services Research. 19:185-195
Valuable bank charters have been hypothesized to provide bank managers self-regulatory incentives to constrain their risk taking. However, this paper presents evidence that charter value itself may derive from high-risk activities, indicating that mi
Publikováno v:
The Economic Journal. 110:292-308
The sharp 1994 Mexican peso devaluation was followed by a financial-sector crisis, forcing the Mexican government to retake control of several banks and to grant substantial assistance to many others. This paper tests several hypotheses concerning th