Matching Items (3)
Description
This paper explores the universe of non-performing loans and tries to examine the effects that a sharp increase in NPLs would cause. The first part of the paper explores some of the most shared definitions of NPL as well as the accounting treatment under IFRS (International Financial Reporting Standards). In the second part of the paper, literature regarding determinants of NPLs is summarized and categorized into three broad categories: macroeconomic determinants, institutional variables, and bank-specific variables. Eventually, in the last part of the paper, a fictional bank is built and tested against a two and three standard deviation NPL events. The worst loss occurring in the simulated events eroded 26% of the capital (2.55% of the assets) forcing the fictional bank to recapitalize and experience expensive recovery processes.
ContributorsFranceschi, Stefano (Author) / Simonson, Mark (Thesis director) / Budolfson, Arthur (Committee member) / Economics Program in CLAS (Contributor) / Department of Finance (Contributor) / School of Mathematical and Statistical Sciences (Contributor) / Barrett, The Honors College (Contributor)
Created2018-12
Description
This dissertation examines automobile title lending practices to interrogate debt as an embodied experience. Alternative financial services such as title lending provide a way to link socio-economic inequality to instruments of financial debt. The predominant research on inequality focuses on wage, income, and asset wealth; rarely is a direct connection made between socio-economic inequality and the object of debt. My interest lies beyond aggregate amounts of debt to also consider the ways in which different bodies have access to different forms of debt. This project examines how particular subprime instruments work to reinforce structural inequalities associated with race, class, and gender and how specific populations are increasingly coming to rely on debt to subsist. Using in-depth interviews, geospatial mapping, and descriptive statistical analysis I show the importance of recognizing debt not only as a conditional object but also as a lived condition of being. I conclude with discussions on dispossession and financial precarity to consider how the normative discourse of debt needs to change.
ContributorsSugata, Michihiro (Author) / Quan, H.L.T. (Thesis advisor) / Talebi, Shahla (Committee member) / Catlaw, Thomas (Committee member) / Arizona State University (Publisher)
Created2016
Description
Created predictive models using R to determine significant variables that help determine whether someone will default on their loans using a data set of almost 900,000 loan applicants.
ContributorsMazza, Rachel Marie (Author) / Schneider, Laurence (Thesis director) / Sha, Xiqing (Committee member) / School of Accountancy (Contributor) / Department of Information Systems (Contributor) / Barrett, The Honors College (Contributor)
Created2021-05