Using data from the 2013 Survey of Consumer Finances, this study evaluates the potential
effect of using financial planners on household portfolio performance, which was measured …

Findings from previous studies generally indicate that relying on advice from financial
advisors is associated with investment decisions. This study uses data from the 2013 Survey …

Using modern information economics as the conceptual framework and data from the 2013
Survey of Consumer Finances, this study adopts a decomposition technique to explore the …

This chapter discusses the regulatory challenges faced by financial institutions in emerging
countries and it presents their specific features compared to financial institutions in …

We illustrate the impact of some regulatory policies on the real outputs with some numerical
examples. Our model shows that holding 2.39% in excess of the optimal capital ratio would …

This paper provides a dynamic stochastic macro-financial model that describes the impact of
the credit market on real production risk and provides some empirical evidence of the …

This paper develops a coordinate rating for Credit Rating Agencies (CRAs) in the rating
market. We first show that there is a necessary condition for the restructured sub-portfolios to …

Recently, a macro-financial model (Ho et al., 2012, 2013; Ho and Lee, 2015a, 2015b)
suggests that financial regulations must be dynamic to ensure optimality of real sector …

Abstract only. Nowadays, individuals and households are increasingly responsible for their
own wealth accumulation and preservation while the financial market are growing with …

Bilateral over the counter derivatives were clearly in the eye of the storm during the 2008
financial crisis. In contrast, the listed derivative markets managed by central counterparties …