教師資料查詢 | 類別: 期刊論文 | 教師: 林志娟 LIN JYH-JIUAN (瀏覽個人網頁)

標題:Modeling Bank Interest Margin and Loan Quality under the Troubled Asset Relief Program: An Option-Pricing Approach
學年99
學期1
出版(發表)日期2010/11/01
作品名稱Modeling Bank Interest Margin and Loan Quality under the Troubled Asset Relief Program: An Option-Pricing Approach
作品名稱(其他語言)
著者Lin, Jyh-horng; Lin Jyh-jiuan; Huang Pai-chou
單位淡江大學國際企業學系; 淡江大學統計學系
出版者Zographou: World Scientific and Engineering Academy and Society (W S E A S)
著錄名稱、卷期、頁數WSEAS Transactions on Circuits and Systems 9(11), pp.689-699
摘要The troubled assets on U.S. banks books could grow to as much as $5 trillion, one Goldman Sachs analyst estimates [10]. Will setting up the Troubled Asset Relief Program (TARP) be good move for bank loan quality? The answer is yes. In an option-pricing model where the bank book value of loans is above its market price, an increase in loan amount sold, exactly what the TARP is meant to target, increases the bank interest margin. The gap where carrying value is above market price is shrinking by decreasing the risky loans held by the bank and thus the bank loan portfolio quality is improved.
關鍵字Troubled Asset Relief Program; Bank Interest Margin; Loan Quality
語言英文
ISSN1109-2734;2224-266X
期刊性質國外
收錄於EI
產學合作
通訊作者Lin Jyh-jiuan
審稿制度
國別希臘
公開徵稿
出版型式紙本;電子版
相關連結
Google+ 推薦功能,讓全世界都能看到您的推薦!