메뉴 건너뛰기




Volumn 181, Issue 3, 2007, Pages 1554-1573

Rough Sets and the role of the monetary policy in financial stability (macroeconomic problem) and the prediction of insolvency in insurance sector (microeconomic problem)

Author keywords

Central bank independence; Financial stability; Insolvency; Insurance companies; Rough Sets

Indexed keywords

COST ACCOUNTING; INSURANCE; MATHEMATICAL MODELS; OPTIMIZATION; PUBLIC POLICY; STATISTICAL METHODS;

EID: 33947704790     PISSN: 03772217     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.ejor.2006.01.045     Document Type: Article
Times cited : (51)

References (64)
  • 4
    • 33947683473 scopus 로고    scopus 로고
    • Berg, A., Borensztein, E., Mauro, P., 2002. An Evaluation of Monetary Regime Options for Latin America. IMF WP, p. 211.
  • 5
    • 0012638682 scopus 로고
    • Financial crises, banking crises, stock market crashes, and the money supply: Some international evidence, 1980-1933
    • Capie F., and Wood G. (Eds), St. Martin's, New York
    • Bordo M. Financial crises, banking crises, stock market crashes, and the money supply: Some international evidence, 1980-1933. In: Capie F., and Wood G. (Eds). Financial Crises and the World Banking System (1986), St. Martin's, New York
    • (1986) Financial Crises and the World Banking System
    • Bordo, M.1
  • 6
    • 33947699020 scopus 로고    scopus 로고
    • Borio, C., Lowe, P., 2002. Asset Prices, Financial and Monetary Stability: Exploring the Nexus, BIS Working Papers, p. 114.
  • 7
    • 33947673067 scopus 로고    scopus 로고
    • Caprio, G., Klingebiel, D., 1997. Bank Insolvencies: Cross-Country Experience, Policy Research Working Paper. The World Bank, Washington, DC, p. 1620.
  • 8
    • 33947708022 scopus 로고    scopus 로고
    • Caprio, G., Klingebiel, D., 2003. Episodes of Systemic and Borderline Financial Crises, Dataset mimeo, The World Bank.
  • 9
    • 33947694485 scopus 로고    scopus 로고
    • Carare, A., Stone, M., 2003. Inflation Targeting Regimes. IMF WP, p. 9.
  • 10
    • 0000769846 scopus 로고
    • Measuring the independence of central banks and its effect on policy outcomes
    • Cukierman A., Webb S.B., and Neyapti B. Measuring the independence of central banks and its effect on policy outcomes. The World Bank Economic Review 6 (1992) 353-398
    • (1992) The World Bank Economic Review , vol.6 , pp. 353-398
    • Cukierman, A.1    Webb, S.B.2    Neyapti, B.3
  • 11
    • 0036203421 scopus 로고    scopus 로고
    • Central bank reform, liberalization and inflation in transition economies - An international perspective
    • Cukierman A., Miller G.P., and Neyapti B. Central bank reform, liberalization and inflation in transition economies - An international perspective. Journal of Monetary Economics 49 (2002) 237-264
    • (2002) Journal of Monetary Economics , vol.49 , pp. 237-264
    • Cukierman, A.1    Miller, G.P.2    Neyapti, B.3
  • 12
    • 33947667606 scopus 로고    scopus 로고
    • Demirgüç-Kant, A., Detragiache, E., 1997. The Determinants of Banking Crisis: Evidence from Developing and Developed Countries. IMF WP, p. 106 (September).
  • 13
    • 33947674913 scopus 로고    scopus 로고
    • Demirgüç-Kant, A., Detragiache, E., 1998. Financial Liberalization and Financial Fragility. IMF WP, p. 83 (March).
  • 14
    • 33947623302 scopus 로고    scopus 로고
    • Demirgüç-Kant, A., Detragiache, E., 2000. Does Deposit Insurance Increase Banking System Stability? IMF WP, p. 3 (January).
  • 16
    • 33947670608 scopus 로고    scopus 로고
    • Domaç, I., Martínez Peria, M.S., 2000. Banking Crises and Exchange Rate Regimes: Is there a Link? The World Bank WP, p. 2489.
  • 17
    • 33947614311 scopus 로고    scopus 로고
    • Eichengreen, B., 1997. Exchange Rate Stability and Financial Stability. University of California, Berkeley WP, pp. C97-092 (June).
  • 18
    • 33947614858 scopus 로고    scopus 로고
    • Eichengreen, B., 2000. When to Dollar Ice. Unpublished. University of California, Berkeley (January).
  • 19
    • 33947616937 scopus 로고    scopus 로고
    • Eichengreen, B., Rose, A., 1998. Staying Afloat When the Wind Shifts: External Factors and Emerging-market Banking Crisis. NBER WP, p. 6370 (January).
  • 20
    • 33947682397 scopus 로고    scopus 로고
    • Eichengreen, B., Arteta, C., 2000. Banking crisis in emerging markets: Presumptions and evidence. Center for International and Development Economics Research, University of California, Berkeley.
  • 21
    • 33947625249 scopus 로고    scopus 로고
    • Fisher, I., 1933. The Debt-Deflation Theory of Great Depressions, Econometrica.
  • 23
    • 33947672045 scopus 로고    scopus 로고
    • Frydl, E., 1999. The length and cost of banking crisis. IMF WP, p. 30 (March).
  • 24
    • 33947687341 scopus 로고    scopus 로고
    • García-Herrero, A., 1997. Monetary Impact of a Banking Crisis and the Conduct of Monetary Policy. IMF WP, p. 124.
  • 25
    • 33947699535 scopus 로고    scopus 로고
    • García-Herrero, A., del Rio, P., 2003. Financial Stability and the Design of Monetary Policy. Documento de trabajo Banco de España, p. 15.
  • 26
    • 33947657135 scopus 로고    scopus 로고
    • Glick, R., Hutchinson, M., 1999. Banking and Currency Crisis: How Common are Twins? Unpublished. Federal Reserve Bank of San Fracisco and UC Santa Cruz (September).
  • 27
    • 33947656057 scopus 로고    scopus 로고
    • González-Hermosillo, B., 1996. Banking Sector Fragility and Systemic Sources of Fragility. IMF WP, p. 12.
  • 28
    • 34447138870 scopus 로고    scopus 로고
    • Gorton, G., 1998. Banking Panics and Business Cycles. Oxford Economic Papers, vol. 40. pp. 751-781.
  • 29
    • 33947616395 scopus 로고    scopus 로고
    • Gourinchas, P., Valdes, R., Landerretsche, O., 1999. Lending Booms: Some Stylized Facts. Unpublished. Princeton University and Central Bak of Chile (August).
  • 30
    • 0002861745 scopus 로고    scopus 로고
    • A new rough set approach to evaluation of bankruptcy risk
    • Zopounidis C. (Ed), Kluwer Academic Publishers, Dordrecht
    • Greco S., Matarazzo B., and Slowinski R. A new rough set approach to evaluation of bankruptcy risk. In: Zopounidis C. (Ed). New Operational Tools in the Management of Financial Risks (1998), Kluwer Academic Publishers, Dordrecht 121-136
    • (1998) New Operational Tools in the Management of Financial Risks , pp. 121-136
    • Greco, S.1    Matarazzo, B.2    Slowinski, R.3
  • 32
    • 33947629875 scopus 로고    scopus 로고
    • Currency crises, banking crises and twin crises: A comprehensive review of the literature, mimeo
    • Gupta P. Currency crises, banking crises and twin crises: A comprehensive review of the literature, mimeo. International Monetary Fund (1996)
    • (1996) International Monetary Fund
    • Gupta, P.1
  • 33
    • 33947627794 scopus 로고    scopus 로고
    • Hardy, D., Pazarbasioglu, C., 1998. Leading Indicators of Banking Crisis: Was Asia different? IMF WP, p. 91 (June).
  • 34
    • 33947688850 scopus 로고    scopus 로고
    • Houben, A., Kakes, J., Schinasi, G., 2004. Toward a Framework for Safeguarding Financial Stability. IMF WP, p. 101.
  • 35
    • 33947646029 scopus 로고    scopus 로고
    • Issing, O., 2003. Monetary and financial stability: Is there a trade-off? Conference on Monetary Stability, Financial Stability and the Business Cycle, March 28-29, 2003. Bank for International Settlements, Basle.
  • 36
    • 0039624712 scopus 로고    scopus 로고
    • The twin crises: The causes of banking and balance-of-payments problems
    • Kaminsky G., and Reinhart C. The twin crises: The causes of banking and balance-of-payments problems. American Economic Review 89 3 (1999) 473-500
    • (1999) American Economic Review , vol.89 , Issue.3 , pp. 473-500
    • Kaminsky, G.1    Reinhart, C.2
  • 37
    • 33947633132 scopus 로고    scopus 로고
    • Kuttner, K.N., Posen, A.S., 2001. Beyond Bipolar: A Three-dimensional Assessment of Monetary Frameworks. Oesterreichische Nationalbank, WP, p. 52.
  • 38
    • 0038765948 scopus 로고
    • Prediction of failure of a newly founded firm
    • Laitinen E.K. Prediction of failure of a newly founded firm. Journal of Business Venturing July (1992) 323-340
    • (1992) Journal of Business Venturing , Issue.July , pp. 323-340
    • Laitinen, E.K.1
  • 39
    • 0003459851 scopus 로고    scopus 로고
    • Lindgreen C.J., García G., and Saal M.I. (Eds), International Monetary Fund
    • In: Lindgreen C.J., García G., and Saal M.I. (Eds). Bank Soundness and Macroeconomic Policy (1996), International Monetary Fund
    • (1996) Bank Soundness and Macroeconomic Policy
  • 40
    • 33947673584 scopus 로고    scopus 로고
    • López, D., Moreno, J., Rodríguez, P., 1994. Modelos de Previsión del fracaso empresarial: aplicación a entidades de seguros. Revista española de Seguros 54 (abril-junio), pp. 71-110.
  • 41
    • 33947616936 scopus 로고    scopus 로고
    • Mahadeva, L., Sterne, G. (Eds.), 2000. Monetary Policy Frameworks in a Global Context. Routledge.
  • 42
    • 33947669531 scopus 로고    scopus 로고
    • Martín, M.L., Leguey, S., Sánchez, J.M., 1999. Solvencia y estabilidad financiera en la empresa de seguros: Metodología y evaluación empírica mediante análisis multivariante. Cuadernos de la Fundación Mapfre Estudios, p. 49.
  • 43
    • 33947644989 scopus 로고    scopus 로고
    • Martinez-Peria, S., 2000. Banking crisis and exchange rate regimes, is there a link? Policy Research, WP, p. 2489 (November).
  • 45
    • 33947673583 scopus 로고    scopus 로고
    • Mckee, T.E., Lensberg, T., 1999. Using a genetic algorithm to obtain a causally ordered model from a rough sets derived bankruptcy prediction model. Paper presented at The International Symposium on Audit Research, The University of Southern California.
  • 46
    • 33947652862 scopus 로고    scopus 로고
    • Mendis, C., 1998. External Shocks and Banking Crisis in Small Open Economies: Does the Exchange Rate Regime Matter? Unpublished. Center for the Study of African Economies, Oxford (October).
  • 47
    • 33947655024 scopus 로고    scopus 로고
    • Mishkin, F.S., 1996. Understanding Financial Crises: A Developing Country's Perspective. Nber. WP 5600, National Bureau of Economic Research, Cambridge, MA.
  • 48
    • 33947666791 scopus 로고    scopus 로고
    • Mora, A., 1994. Los modelos de predicción del fracaso empresarial: una aplicación empírica del logia. Revista Española de Financiación y Contabilidad 78 (enero-marzo), pp. 203-233.
  • 50
    • 33947633655 scopus 로고    scopus 로고
    • Padoa-Schioppa, T., 2002. Central banks and financial stability: Exploring a land in between. Paper Presented at the Second ECB Central Banking Conference, The Transformation of the European Financial System, Frankfurt am Main, October.
  • 52
    • 33947645525 scopus 로고    scopus 로고
    • Pill, H., Pradhan, M., 1995. Financial Indicators and Financial Change in Africa and Asia. IMF WP, p. 23.
  • 53
    • 84957618344 scopus 로고    scopus 로고
    • Rough set based data exploration using ROSE system
    • Foundations of Intelligent Systems. Ras Z.W., and Skowron A. (Eds), Springer-Verlag, Berlin
    • Predki B., and Wilk S. Rough set based data exploration using ROSE system. In: Ras Z.W., and Skowron A. (Eds). Foundations of Intelligent Systems. Lecture Notes in Artificial Intelligence vol. 1609 (1999), Springer-Verlag, Berlin 172-180
    • (1999) Lecture Notes in Artificial Intelligence , vol.1609 , pp. 172-180
    • Predki, B.1    Wilk, S.2
  • 54
    • 84947758926 scopus 로고    scopus 로고
    • ROSE-software implementation of the Rough Set Theory
    • Rough Sets and Current Trends in Computing. Polkowski L., and Skowron A. (Eds), Springer-Verlag, Berlin
    • Predki B., Slowinski R., Stefanowski J., Susmaga R., and Wilk S. ROSE-software implementation of the Rough Set Theory. In: Polkowski L., and Skowron A. (Eds). Rough Sets and Current Trends in Computing. Lecture Notes in Artificial Intelligence vol. 1424 (1998), Springer-Verlag, Berlin 605-608
    • (1998) Lecture Notes in Artificial Intelligence , vol.1424 , pp. 605-608
    • Predki, B.1    Slowinski, R.2    Stefanowski, J.3    Susmaga, R.4    Wilk, S.5
  • 55
    • 33947709041 scopus 로고    scopus 로고
    • Reinhart, C.M., Rogoff, K.S., 2002. The Modern History of Exchange Rate Arrangements: A reinterpretation, NBER WP 8963, National Bureau of Economic Research, Cambridge.
  • 56
    • 33947635756 scopus 로고    scopus 로고
    • Rossi, M., 1999. Financial Fragility and Economic Performance in Developing Countries: Do Capital Controls, Prudential Regulation and Supervision Matter? IMF WP, p. 66 (May).
  • 57
    • 33947704853 scopus 로고    scopus 로고
    • Sanchis, A., Gil, J.A., Heras, A., 2003. El análisis discriminante en la previsión de la insolvencia en las empresas de seguros no vida, Revista Española de Financiación y Contabilidad vol'XXXII, pp. 116, 183-233.
  • 58
    • 33947636259 scopus 로고    scopus 로고
    • Schinasi, G.J., 2003. Responsibility of Central Banks for Stability in Financial Markets. IMF WP, p. 121.
  • 59
    • 0003244892 scopus 로고
    • Systemic risk and the macroeconomy
    • Banking Financial Markets and Systemic Risk. Kaufman G. (Ed), JAI Press Inc., Hampton
    • Schwart Z.A. Systemic risk and the macroeconomy. In: Kaufman G. (Ed). Banking Financial Markets and Systemic Risk. Research in Financial Services, Private and Public Policy vol. 7 (1995), JAI Press Inc., Hampton
    • (1995) Research in Financial Services, Private and Public Policy , vol.7
    • Schwart, Z.A.1
  • 60
    • 17644423877 scopus 로고
    • Rough set learning of preferential attitude in multicriteria decision making
    • Methodologies for Intelligent Systems. Komorowski J., and Ras Z.W. (Eds), Springer-Verlag, Berlin
    • Slowinski R. Rough set learning of preferential attitude in multicriteria decision making. In: Komorowski J., and Ras Z.W. (Eds). Methodologies for Intelligent Systems. Lecture Notes in Artificial Intelligence vol. 689 (1983), Springer-Verlag, Berlin 642-651
    • (1983) Lecture Notes in Artificial Intelligence , vol.689 , pp. 642-651
    • Slowinski, R.1
  • 63
    • 0023504061 scopus 로고
    • Financial crises and balance of payments crises
    • Velasco A. Financial crises and balance of payments crises. Journal of Development Economics 27 (1987) 263-283
    • (1987) Journal of Development Economics , vol.27 , pp. 263-283
    • Velasco, A.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.