Collateral Values
Title | Collateral Values PDF eBook |
Author | Todd R. Lookingbill |
Publisher | Springer |
Pages | 274 |
Release | 2019-07-30 |
Genre | Science |
ISBN | 3030189910 |
This book explores the unanticipated benefits that may arise after wars and conflicts, showing how the preservation of battlefields and the establishment of borderlands can create natural capital in the former landscapes of war. The editors call this Collateral Value, in contrast to the collateral damage that war inflicts upon infrastructure, natural capital, and human capital. The book includes case studies recounting successes and failures, opportunities and risks, and ambitious proposals. The book is organized in two sections. The first visits U.S., English, and French battlefield sites dating from medieval England to World War I. The second explores borderlands located on several continents, established to end or prevent conflict. Both of these can create value beyond their original purpose, by preserving natural areas and restoring biodiversity. Among the topics covered are: · Registering English Battlefields · Old forts and new amenities in the Southern Plains of the U.S. · Verdun, France, and the conservation of WWI cultural and natural heritage · Conservation lessons learned in the Cordillera del Condor Corridor of the Andes mountains · Korea’s DMZ and its nature preserve · Wakhan National Park, a mountainous buffer area between Afghanistan and Pakistan The book examines state-of-the-art applications of landscape ecology, including methods for change detection, connectivity analysis, and the quantification of ecosystem services. Also included is a chapter on a creative proposal for “Guantánamo 2.0,” which would transform the Gitmo detention facility into a peace park and ecological research center. A concluding chapter appraises the past, present, and future of Collateral Values. Collateral Values: The Natural Capital Created by Landscapes of War benefits a broad audience of advanced undergraduate and graduate students, researchers, and practicing professionals.
Asymmetric Information About Collateral Values
Title | Asymmetric Information About Collateral Values PDF eBook |
Author | Johannes Stroebel |
Publisher | |
Pages | 64 |
Release | 2014 |
Genre | |
ISBN |
I empirically analyze credit market outcomes when competing lenders are differentially informed about the expected return from making a loan. I study the residential mortgage market where property developers often cooperate with vertically integrated mortgage lenders to offer financing to buyers of new homes. I show that these integrated lenders have superior information about the construction quality of individual homes and exploit this information to lend against higher-quality collateral, decreasing foreclosures by up to 40%. To compensate for this adverse selection on collateral values, non-integrated lenders charge higher interest rates when competing against a better-informed integrated lender.
Collateral in Loan Classification and Provisioning
Title | Collateral in Loan Classification and Provisioning PDF eBook |
Author | Inwon Song |
Publisher | International Monetary Fund |
Pages | 30 |
Release | 2002-07 |
Genre | Business & Economics |
ISBN |
Adequate loan classification practices are an essential part of a sound and effective credit risk-management process in a bank. Failure to identify deterioration in credit quality in a timely manner can aggravate and prolong the problem. Two key issues arise with regard to the use of collateral in the context of loan classification and provisioning. In particular, the questions arise whether collateral should be taken into account in classifying a collateralized loan, and whether it should be considered in calculating provisions. This paper surveys country practices in the role of collateral in loan classification and provisioning, and suggests good practices on these issues.
Collateral Frameworks
Title | Collateral Frameworks PDF eBook |
Author | Kjell G. Nyborg |
Publisher | Cambridge University Press |
Pages | 345 |
Release | 2017 |
Genre | Business & Economics |
ISBN | 1107155843 |
The first book-length study of the importance of collateral frameworks in monetary policy, focusing on the Eurozone and euro crisis.
Trade Credit and Bank Credit
Title | Trade Credit and Bank Credit PDF eBook |
Author | Inessa Love |
Publisher | World Bank Publications |
Pages | 34 |
Release | 2005 |
Genre | Bank loans |
ISBN |
"The authors study the effect of financial crises on trade credit in a sample of 890 firms in six emerging economies. They find that although provision of trade credit increases right after the crisis, it consequently collapses in the following months and years. The authors observe that firms with weaker financial position (for example, high pre-crisis level of short-term debt and low cash stocks and cash flows) are more likely to reduce trade credit provided to their customers. This suggests that the decline in aggregate credit provision is driven by the reduction in the supply of trade credit, which follows the bank credit crunch. The results are consistent with the "redistribution view" of trade credit provision, in which bank credit is redistributed by way of trade credit by the firms with stronger financial position to the firms with weaker financial stand "--World Bank web site.
International Convergence of Capital Measurement and Capital Standards
Title | International Convergence of Capital Measurement and Capital Standards PDF eBook |
Author | |
Publisher | Lulu.com |
Pages | 294 |
Release | 2004 |
Genre | Bank capital |
ISBN | 9291316695 |
Collateral Damage
Title | Collateral Damage PDF eBook |
Author | Zygmunt Bauman |
Publisher | Polity |
Pages | 188 |
Release | 2011-06-13 |
Genre | Social Science |
ISBN | 0745652948 |
Zygmunt Bauman is one of the most original and influential social thinkers of our time. This new book focuses on social inequality.