scholarly journals Early NPL Warning for SME Credit Risk: An Experimental Study

Author(s):  
Sacide Kalayci ◽  
Secil Arslan
2018 ◽  
Vol 65 (4) ◽  
pp. 441-458 ◽  
Author(s):  
Dmitry Burakov

In this article, we set ourselves a task to test institutional memory hypothesis as a core of endogenous credit cycles. According to this hypothesis, risks taken by creditors depend largely on availability heuristic and experience of loan officers. To assess validity of this hypothesis we construct and estimate a simple VAR model. The data for this model is acquired from results of an experimental study (lasted for 70 rounds), the purpose of which is to identify behavioral patterns of participants while meeting demand for credit, specifics of subjectively weighted assessment of credit risk, based on shock approach. The results of the study allow confirming institutional memory hypothesis. After initial shock of bad debts, number of periods to recover willingness to accept risk has increased by 39%, which supports the hypothesis of availability heuristic?s influence. However, with improvement of loan portfolio?s quality, willingness to take risk is restoring. In addition, we managed to confirm existence of risk?s underestimation and overestimation periods in an experimental manner.


Author(s):  
Norio Baba ◽  
Norihiko Ichise ◽  
Syunya Watanabe

The tilted beam illumination method is used to improve the resolution comparing with the axial illumination mode. Using this advantage, a restoration method of several tilted beam images covering the full azimuthal range was proposed by Saxton, and experimentally examined. To make this technique more reliable it seems that some practical problems still remain. In this report the restoration was attempted and the problems were considered. In our study, four problems were pointed out for the experiment of the restoration. (1) Accurate beam tilt adjustment to fit the incident beam to the coma-free axis for the symmetrical beam tilting over the full azimuthal range. (2) Accurate measurements of the optical parameters which are necessary to design the restoration filter. Even if the spherical aberration coefficient Cs is known with accuracy and the axial astigmatism is sufficiently compensated, at least the defocus value must be measured. (3) Accurate alignment of the tilt-azimuth series images.


1962 ◽  
Vol 5 (4) ◽  
pp. 387-394 ◽  
Author(s):  
Bruce Quarrington ◽  
Jerome Conway ◽  
Nathan Siegel
Keyword(s):  

1974 ◽  
Vol 126 (2) ◽  
pp. 243-248
Author(s):  
A WAKABAYASHI ◽  
T KUBO ◽  
K CHARNEY ◽  
Y NAKAMURA ◽  
J CONNOLLY

1963 ◽  
Vol 45 (3) ◽  
pp. 374-383 ◽  
Author(s):  
Donald C. McIlrath ◽  
George A. Hallenbeck ◽  
Hubert A. Allen ◽  
Charles V. Mann ◽  
Edward J. Baldes ◽  
...  
Keyword(s):  

1958 ◽  
Vol 34 (1) ◽  
pp. 11-20 ◽  
Author(s):  
Henry D. Janowitz ◽  
Vernon A. Weinstein ◽  
Rhoda G. Shaer ◽  
James F. Cereghini ◽  
Franklin Hollander

Sign in / Sign up

Export Citation Format

Share Document