Language:
English
繁體中文
Help
圖資館首頁
Login
Back
Switch To:
Labeled
|
MARC Mode
|
ISBD
Essays on Commercial Banking: Surviv...
~
Almanidis, Pavlos.
Essays on Commercial Banking: Survival, Performance, and Heterogeneous Technologies.
Record Type:
Electronic resources : Monograph/item
Title/Author:
Essays on Commercial Banking: Survival, Performance, and Heterogeneous Technologies.
Author:
Almanidis, Pavlos.
Description:
211 p.
Notes:
Source: Dissertation Abstracts International, Volume: 72-11, Section: A, page: .
Notes:
Adviser: Robin C. Sickles.
Contained By:
Dissertation Abstracts International72-11A.
Subject:
Economics, General.
Online resource:
http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=3464222
ISBN:
9781124804064
Essays on Commercial Banking: Survival, Performance, and Heterogeneous Technologies.
Almanidis, Pavlos.
Essays on Commercial Banking: Survival, Performance, and Heterogeneous Technologies.
- 211 p.
Source: Dissertation Abstracts International, Volume: 72-11, Section: A, page: .
Thesis (Ph.D.)--Rice University, 2011.
In the first chapter, we focus on explaining the U.S. commercial banking failures during the recent financial crisis. We employ the semi-parametric mixture hazard model (MHM) with both continuous and discrete time specifications to first, distinguish between troubled and healthy banks and second, to estimate the probability and the timing of their failure. We combine the MHM with the stochastic frontier model (SFM) to explore the role of managerial inefficiency on a bank's longer term viability. We find that the discrete-time MHM which takes the managerial inefficiencies into account fits well and dominates other competing specifications by accurately predicting the timing of failures both in and out of the sample.
ISBN: 9781124804064Subjects--Topical Terms:
212429
Economics, General.
Essays on Commercial Banking: Survival, Performance, and Heterogeneous Technologies.
LDR
:03312nmm 2200325 4500
001
309775
005
20111105132514.5
008
111212s2011 ||||||||||||||||| ||eng d
020
$a
9781124804064
035
$a
(UMI)AAI3464222
035
$a
AAI3464222
040
$a
UMI
$c
UMI
100
1
$a
Almanidis, Pavlos.
$3
531150
245
1 0
$a
Essays on Commercial Banking: Survival, Performance, and Heterogeneous Technologies.
300
$a
211 p.
500
$a
Source: Dissertation Abstracts International, Volume: 72-11, Section: A, page: .
500
$a
Adviser: Robin C. Sickles.
502
$a
Thesis (Ph.D.)--Rice University, 2011.
520
$a
In the first chapter, we focus on explaining the U.S. commercial banking failures during the recent financial crisis. We employ the semi-parametric mixture hazard model (MHM) with both continuous and discrete time specifications to first, distinguish between troubled and healthy banks and second, to estimate the probability and the timing of their failure. We combine the MHM with the stochastic frontier model (SFM) to explore the role of managerial inefficiency on a bank's longer term viability. We find that the discrete-time MHM which takes the managerial inefficiencies into account fits well and dominates other competing specifications by accurately predicting the timing of failures both in and out of the sample.
520
$a
The second chapter explores a new class of flexible cross-sectional parametric SFMs that impose an unobservable bound on the inefficiency term. We consider doubly truncated normal, truncated half-normal, and truncated exponential distributions to model the inefficiencies. We extend the models to the panel data setting and specify a time-varying inefficiency bound. We apply these models to analyze the performance of the U.S. commercial banking industry during 1984-2009.
520
$a
In the third chapter, we address the issue of the "wrong" skewness of the least squares residuals that often arises in applied studies using the traditional SFM. Findings of "wrong" skewness imply that the SFM is misspecified and all firms are fully efficient. Based on doubly truncated normal distribution that displays both positive and negative skewness, we prove that "wrong" skewness does not necessarily imply that the SFM model is misspecified.
520
$a
The fourth chapter investigates the existence of heterogeneous technologies in the U.S. commercial banking industry through the threshold effects estimation techniques, modified to allow for tune-varying effects. We employ the total assets as a threshold variable and determine seven distinct technology-groups.
520
$a
In the fifth chapter, we describe the commercial banking data that are extracted from the quarterly Consolidated Reports of Condition and Income (Call Reports). We detail the construction of the key variables used in this thesis, which mainly contain output quantities, input quantities and prices, bank-specific structural and geographical characteristics, as well as a number of measures of risk.
590
$a
School code: 0187.
650
4
$a
Economics, General.
$3
212429
650
4
$a
Business Administration, Banking.
$3
212413
690
$a
0501
690
$a
0770
710
2
$a
Rice University.
$3
212417
773
0
$t
Dissertation Abstracts International
$g
72-11A.
790
1 0
$a
Sickles, Robin C.,
$e
advisor
790
$a
0187
791
$a
Ph.D.
792
$a
2011
856
4 0
$u
http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=3464222
based on 0 review(s)
ALL
電子館藏
Items
1 records • Pages 1 •
1
Inventory Number
Location Name
Item Class
Material type
Call number
Usage Class
Loan Status
No. of reservations
Opac note
Attachments
000000060187
電子館藏
1圖書
學位論文
TH 2011
一般使用(Normal)
On shelf
0
1 records • Pages 1 •
1
Multimedia
Multimedia file
http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=3464222
Reviews
Add a review
and share your thoughts with other readers
Export
pickup library
Processing
...
Change password
Login