Advanced Search
MyIDEAS: Login

Basel 2 and the Meritocracy of the Credit: Considerations of Industrial Politics with Respect to the Optimization of the Fiscal Yield

Contents:

Author Info

  • Oricchio Gianluca
Registered author(s):

    Abstract

    The implementation of Basel 2 banking regulation has fuelled the applied research regarding internal rating models. The effectiveness and accuracy of credit risk modelling has improved in the last years. In the paper we propose to use these models in order to estimate the corporate survival probability and we demonstrate the better is the rating, the higher is the tax benefit for the italian Government. We finally suggest to pursue incentive schemes of Industrial Politics based upon the maximisation of the corporate survival probability.

    Download Info

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
    File URL: http://www.rivisteweb.it/download/article/10.2382/24832
    Download Restriction: no

    File URL: http://www.rivisteweb.it/doi/10.2382/24832
    Download Restriction: no

    Bibliographic Info

    Article provided by Società editrice il Mulino in its journal Economia dei Servizi.

    Volume (Year): (2007)
    Issue (Month): 3 ()
    Pages: 471-482

    as in new window
    Handle: RePEc:mul:j1t56u:doi:10.2382/24832:y:2007:i:3:p:471-482

    Contact details of provider:

    Related research

    Keywords: banking regulation; internal rating models; incentive schemes of industrial politics;

    References

    No references listed on IDEAS
    You can help add them by filling out this form.

    Citations

    Lists

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    Statistics

    Access and download statistics

    Corrections

    When requesting a correction, please mention this item's handle: RePEc:mul:j1t56u:doi:10.2382/24832:y:2007:i:3:p:471-482. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ().

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.