Information sharing, liquidity and transaction costs in floor-based trading systems Thierry Foucault and Laurence Daures (formerly Lescourret)
from HEC Paris
(2001)
Keywords: market microstructure; floor-based trading systems; open outcry; information sharing; information sales
JEL-codes: D82; G10
Created/Revised: 2001-11-01
Added/Modified: 2009-07-21
Block-based floor field model for pedestrian’s walking through corner Shengnan Li, Xingang Li, Yunchao Qu and Bin Jia
in Physica A: Statistical Mechanics and its Applications
(2015)
Keywords: Floor field model; Corner; Pedestrian dynamics; Block division;
Created/Revised: 2015-01-01
Added/Modified: 2015-05-22
An extended floor field model based on regular hexagonal cells for pedestrian simulation Biao Leng, Jianyuan Wang, Wenyuan Zhao and Zhang Xiong
in Physica A: Statistical Mechanics and its Applications
(2014)
Keywords: Cellular automata; Regular hexagonal cell; Pedestrian dynamics; Floor field model; Corridor scenario;
Created/Revised: 2014-01-01
Added/Modified: 2014-03-27
Rule Study on the Risk of Floor Water Inrush Based on the Plate Model Theory Hao Liu, Xiaoquan Li, Xiaoyan Liu, Yunjie Sun, Zhiwen Yang and Yuankun Zhong
in Sustainability
(2023)
Keywords: plate model; Galerkin method; fluid-solid coupling; floor damage; numerical simulation
JEL-codes: O13; Q; Q0; Q2; Q3; Q5; Q56
Created/Revised: 2023-01-01
Added/Modified: 2023-09-20
Output Floors Adrian Pop and Diana Pop
from HAL
(2022)
Keywords: Output Floors Adrian POP University of Nantes (LEMNA),Institute of Banking & Finance,Chemin de la Censive du Tertre BP 52231,44322 Nantes Cedex 3,France Tel.: +33-2-40-14-16-54,fax: +33-2-40-14-16-50. E-mail address: adrian.pop@univ-nantes.fr (Corresponding author) Diana POP University of Angers (GRANEM) 13 Allée François Mitterrand BP 13633,49036 Angers Cedex 01,France Tel.: +33-2-41-96-21-24,fax: +33-2-41-96-21-96. E-mail address: diana.pop@univ-angers.fr 22/02/2022 Abstract: We examine various implementation issues and challenges related to the calibration of output floors in setting minimum bank capital requirements under the finalized version of the Basel III capital accord. In our view,the main raison d’être of output floors is to limit the capital savings enjoyed by large banks due to regulatory arbitrage under the internal model paradigm. We consider regulatory arbitrage through the bank’s incentive to optimize its grading system in order to lower as much as possible the capital requirement given the structure of its asset portfolio in terms of internal ratings and default probabilities. Based on a fictional portfolio of French SMEs observed over a full business cycle,we conduct a counterfactual analysis in order to compare the effect of the output floor implemented with respect to various benchmarks: a Basel I-style benchmark and two versions of the revised standardized approach. Our results show that a more risk-sensitive benchmark is likely to reduce the effect of the output floor on the “extra” RWA and,in fine,on the minimum capital requirement. Otherwise stated,the lower the gap between the internally-derived RWA,subject to regulatory capital arbitrage,and its standardized approach yardstick,the higher the probability that the output floor mechanism becomes less binding or even irrelevant. Keywords: regulatory arbitrage,risk weighted assets,output floor,solvency regulations,Basel capital accords,internal rating systems,standardized approach
Created/Revised: 2022-06-23
Added/Modified: 2022-06-14
Price floors and externality correction Rachel Griffith, Martin O'Connell and Kate Smith
from C.E.P.R. Discussion Papers
(2020)
Keywords: Externality; Corrective taxes; Alcohol; Price floors
JEL-codes: D12; D62; H21; H23
Created/Revised: 2020-11-01
Added/Modified: 2020-11-26
Price floors for emissions trading Peter Wood and Frank Jotzo
in Energy Policy
(2011)
Keywords: Price floor Hybrid emissions pricing Emissions trading
Created/Revised: 2011-01-01
Added/Modified: 2011-03-26
The value of the floor Daniel Weaver and Xing Zhou
in Review of Quantitative Finance and Accounting
(2010)
Keywords: Microstructure, Asymmetric information, Trading floor, Volatility, Transaction costs, G1, G14, G18,
Created/Revised: 2010-01-01
Added/Modified: 2011-01-01
Documents 1 to 20, page 1 of 9159.
1
2345
Number of results per page
This site is part of RePEc
and all the data displayed here is part of the RePEc data set.
Is your work missing from RePEc? Here is how to
contribute.
Questions or problems? Check the EconPapers FAQ or send mail to .