To study the impact of macroprudential policy on credit supply cycles and real effects, we
analyze dynamic provisioning. Introduced in Spain in 2000, revised four times, and tested in …

This paper examines the relationship between financial regulation and financial inclusion in
Kenya. Employing Probit regression on cross-sectional household level survey data and …

Credit rating assessment is a complicated process in which many parameters describing a
company are taken into consideration and a grade is assigned, which represents the …

This paper uses a panel data‐fixed effect approach and data collected from Chinese public
manufacturing firms between 1999 and 2011 to investigate the impacts of business life cycle …

Credit risk measurement remains a critical field of top priority in banking finance, directly
implicated in the recent global financial crisis. This paper examines the dynamic linkages …

Accounting standards require from financial institutions to consider and forecast multiple
macroeconomic scenarios when calculating loan loss provisions. Loan loss provisions …

In this paper we propose a straightforward, flexible and intuitive computational framework for
the multi-period probability of default estimation incorporating macroeconomic forecasts …

The last financial crisis of 2008 stimulated the development of new Regulatory Criteria
(commonly known as Basel III) that pushed the banking activity to become more prudential …

Abstract In 2014 the International Accounting Standards Board (IASB) promulgated the
current International Financial Reporting Standards 9–Financial Instruments (IFRS9) that …

This paper provides practical recommendations for the validation of the backtesting process
under the targeted review of internal models (TRIM). It advises on the introductory steps for …