The leverage game.

Fil: Aparicio, Diego H.. Universidad de San Andrés. Departamento de Economía; Argentina.

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Autor principal: Aparicio, Diego H.
Otros Autores: Fraiman, Daniel
Formato: Tesis Tesis de grado updatedVersion
Lenguaje:Inglés
Publicado: Universidad de San Andrés. Departamento de Economía 3/13
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Acceso en línea:http://hdl.handle.net/10908/774
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spelling I37-R143-10908-7742025-01-29T16:34:41Z The leverage game. Aparicio, Diego H. Fraiman, Daniel Banks and banking -- Accounting -- Mathematical models. LinkFinancial statements -- Mathematical models. Bancos -- Contabilidad -- Modelos matemáticos. Estados financieros -- Modelos matemáticos. Fil: Aparicio, Diego H.. Universidad de San Andrés. Departamento de Economía; Argentina. This study uses individual bank’s balance sheet data from Argentina, Brazil, Mexico, South Africa, and Taiwan, to obtain cross-correlations over the time-series leverage ratio. A correlation-based filtering procedure is then implemented to obtain leveragebased networks. Results conclude that topological properties from graph theory describe a surprising similar pattern inside the network between countries. These leverage networks are complex and are characterized by heavy-tailed vertex degree distribution, which reveals the emergence of hubs and suggests the potential scale-free nature of the system. Finally, surrogated Monte Carlo simulations confirm that the complex networks, obtained through the filtering procedure, cannot be explained by chance alone. 3/13/2013 14:26Z 3/13/2013 14:26Z 2011 Tesis info:eu-repo/semantics/bachelorThesis info:ar-repo/semantics/tesis de grado info:eu-repo/semantics/updatedVersion Aparicio, D. H. (2011). The leverage game.. [Tesis de grado, Universidad de San Andrés. Departamento de Economía]. Repositorio Digital San Andrés. http://hdl.handle.net/10908/774 T.L. Eco. 503 http://hdl.handle.net/10908/774 eng info:eu-repo/semantics/openAccess https://creativecommons.org/licenses/by-nc-nd/4.0/ application/pdf application/pdf Universidad de San Andrés. Departamento de Economía
institution Universidad de San Andrés
institution_str I-37
repository_str R-143
collection Repositorio Digital - Universidad de San Andrés (UdeSa)
language Inglés
topic Banks and banking -- Accounting -- Mathematical models.
LinkFinancial statements -- Mathematical models.
Bancos -- Contabilidad -- Modelos matemáticos.
Estados financieros -- Modelos matemáticos.
spellingShingle Banks and banking -- Accounting -- Mathematical models.
LinkFinancial statements -- Mathematical models.
Bancos -- Contabilidad -- Modelos matemáticos.
Estados financieros -- Modelos matemáticos.
Aparicio, Diego H.
The leverage game.
topic_facet Banks and banking -- Accounting -- Mathematical models.
LinkFinancial statements -- Mathematical models.
Bancos -- Contabilidad -- Modelos matemáticos.
Estados financieros -- Modelos matemáticos.
description Fil: Aparicio, Diego H.. Universidad de San Andrés. Departamento de Economía; Argentina.
author2 Fraiman, Daniel
author_facet Fraiman, Daniel
Aparicio, Diego H.
format Tesis
Tesis de grado
Tesis de grado
updatedVersion
author Aparicio, Diego H.
author_sort Aparicio, Diego H.
title The leverage game.
title_short The leverage game.
title_full The leverage game.
title_fullStr The leverage game.
title_full_unstemmed The leverage game.
title_sort leverage game.
publisher Universidad de San Andrés. Departamento de Economía
publishDate 3/13
url http://hdl.handle.net/10908/774
work_keys_str_mv AT apariciodiegoh theleveragegame
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