Access and Risk: Friends or Foes? Lessons from Chile

Access and Risk: Friends or Foes? Lessons from Chile

This paper documents the link between risk, stability, and access to credit markets in an emerging economy. It presents annual credit loss distributions of Chilean banks for the period 1999-2005, providing the first empirical evidence of the cyclical pattern of expected losses and unexpected losses...

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Bibliographic Details
Main Authors: Adasme, Osvaldo, Majnoni, Giovanni, Uribe, Myriam
Format: Policy Research Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2012
Subjects:
ADVERSE SELECTION
APPLICATIONS
ASSET PRICING
BALANCE OF PAYMENTS
BANK CAPITAL
BANK LENDING
BANK LOANS
BANK SOLVENCY
BANK SUPERVISION
BANKING REGULATION
BANKING SYSTEM
BANKING SYSTEMS
BANKS
BENCHMARK
CAPITAL REGULATION
CAPITAL REQUIREMENT
CAPITAL REQUIREMENTS
CENTRAL BANK
COMMERCIAL BANKS
COMMERCIAL LOANS
COMMODITY PRICES
CREDIT MARKETS
CREDIT RISK
CURRENT PRICES
DEBT
ECONOMIC GROWTH
EMERGING MARKETS
EXTERNALITIES
FINANCIAL INSTITUTIONS
FINANCIAL INTERMEDIATION
FINANCIAL POLICIES
FINANCIAL REPORTING
FINANCIAL SERVICES
FIXED ASSETS
FORECASTS
FUTURE RESEARCH
GDP
HOUSING
INCOME
INCOME DISTRIBUTION
INCOME GROUPS
INCOME LEVELS
INTEREST RATE
INTEREST RATES
LABOR COSTS
LATIN AMERICAN
LOAN CLASSIFICATION
LOAN LOSS PROVISIONS
MACROECONOMIC CONDITIONS
MORAL HAZARD
NONPERFORMING LOANS
PER CAPITA INCOME
PORTFOLIO
PORTFOLIOS
POSITIVE EXTERNALITIES
PRICING MODELS
PROFITABILITY
REAL INTEREST RATE
RELATIONSHIP LENDING
RESERVE REQUIREMENTS
RESERVES
RISK ASSESSMENT
RISK EXPOSURE
RISK EXPOSURES
RISK FACTORS
RISK MANAGEMENT
RISK MANAGERS
RISK MEASUREMENT
ROE
SOLVENCY REQUIREMENTS
STATEMENT
SUSTAINABILITY
TIER 1 CAPITAL
TRADE BALANCE
TROUGH
UNEMPLOYMENT
UNEMPLOYMENT RATE
Online Access:http://documents.worldbank.org/curated/en/2006/09/7036358/access-risk-friends-or-foes-lessons-chile
http://hdl.handle.net/10986/9298

Internet

http://documents.worldbank.org/curated/en/2006/09/7036358/access-risk-friends-or-foes-lessons-chile
http://hdl.handle.net/10986/9298

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