The Experts below are selected from a list of 191991 Experts worldwide ranked by ideXlab platform
Cathryn Meegan - One of the best experts on this subject based on the ideXlab platform.
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regulatory capital planning and deferred tax assets in a post financial crisis environment
Social Science Research Network, 2020Co-Authors: Evan M Eastman, Anne Ehinger, Cathryn MeeganAbstract:Insurance regulators substantially relaxed rules on deferred tax asset (DTA) inclusion in regulatory capital calculations during and following the financial crisis. We find evidence that firms use increased discretion in regulation to increase the share of their regulatory capital relating to DTAs. As DTAs are less liquid relative to other assets, our study raises the concern that insurance firms may appear more financially stable than the reality of their underlying Economic Condition. Consistent with this concern, we find firms with relatively low levels of regulatory capital include higher levels of DTAs in their regulatory capital calculations relative to their peers, higher levels of DTAs are associated with a higher likelihood of insolvency, and ratings agencies are not incorporating DTAs into their life insurer rating criteria. Our study has important implications for regulators considering changes to capital standards for other financial institutions.
Evan M Eastman - One of the best experts on this subject based on the ideXlab platform.
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regulatory capital planning and deferred tax assets in a post financial crisis environment
Social Science Research Network, 2020Co-Authors: Evan M Eastman, Anne Ehinger, Cathryn MeeganAbstract:Insurance regulators substantially relaxed rules on deferred tax asset (DTA) inclusion in regulatory capital calculations during and following the financial crisis. We find evidence that firms use increased discretion in regulation to increase the share of their regulatory capital relating to DTAs. As DTAs are less liquid relative to other assets, our study raises the concern that insurance firms may appear more financially stable than the reality of their underlying Economic Condition. Consistent with this concern, we find firms with relatively low levels of regulatory capital include higher levels of DTAs in their regulatory capital calculations relative to their peers, higher levels of DTAs are associated with a higher likelihood of insolvency, and ratings agencies are not incorporating DTAs into their life insurer rating criteria. Our study has important implications for regulators considering changes to capital standards for other financial institutions.
Anne Ehinger - One of the best experts on this subject based on the ideXlab platform.
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regulatory capital planning and deferred tax assets in a post financial crisis environment
Social Science Research Network, 2020Co-Authors: Evan M Eastman, Anne Ehinger, Cathryn MeeganAbstract:Insurance regulators substantially relaxed rules on deferred tax asset (DTA) inclusion in regulatory capital calculations during and following the financial crisis. We find evidence that firms use increased discretion in regulation to increase the share of their regulatory capital relating to DTAs. As DTAs are less liquid relative to other assets, our study raises the concern that insurance firms may appear more financially stable than the reality of their underlying Economic Condition. Consistent with this concern, we find firms with relatively low levels of regulatory capital include higher levels of DTAs in their regulatory capital calculations relative to their peers, higher levels of DTAs are associated with a higher likelihood of insolvency, and ratings agencies are not incorporating DTAs into their life insurer rating criteria. Our study has important implications for regulators considering changes to capital standards for other financial institutions.
Naresh Kumar Nagwani - One of the best experts on this subject based on the ideXlab platform.
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a neural network autoregression model to forecast per capita disposable income
Malaysian Technical Universities Conference on Engineering and Technology 2015, 2015Co-Authors: Debasish Sena, Naresh Kumar NagwaniAbstract:Time series analysis is an important technique for future forecasting of time dependent variables. Keeping future visualization in mind, time series analysis is applicable to a wide variety of applications. In this work, neural network autoregressive (NNAR) model, a non-linear model is applied for forecasting of per capita disposable income. The average available money per person after the deduction of income taxes is called as the per capita disposable income. It is an indicator of the Economic Condition of a nation. Forecasting of per capita disposable income is essential in helping the government assessing its Economic state with respect to the economy of other developing countries of the world. Financial critical situation like inflation can also be assessed by forecasting of per capita disposable income. Future policies and plans can also be formulated by the planning commission of a country upon observations of the results obtained from this work.
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application of time series based prediction model to forecast per capita disposable income
IEEE International Advance Computing Conference, 2015Co-Authors: Debasish Sena, Naresh Kumar NagwaniAbstract:Time series analysis is one of the major prediction techniques for forecasting of time dependent variables. These days the time series analysis is applicable to a variety of applications. In this work the time series analysis technique using ARIMA model is applied on per capita disposable income for future forecasting. Per capita disposable income is the average available money per person after income taxes have been accounted for. It is an indicator of the overall state of an economy. Forecasting of per capita disposable income is necessary as it may help government assess country's Economic Condition in comparison with the economy of other countries of the world. Forecasting per capita disposable income may also help assess inflation and financial critical situation. The results obtained from this work can be used by the planning commission of a country to formulate future policies and plans.
Jacek Jankiewicz - One of the best experts on this subject based on the ideXlab platform.
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the level of wealth and the financial Condition of households in relation to the results of consumer surveys
Economics & Sociology, 2014Co-Authors: Jacek JankiewiczAbstract:It is assumed in this article that the prognostic value of qualitative indicators of consumer sentiment depends, to a large extent, on changes to consumers' wealth, which is connected with the situation in the labour market. Therefore, the main aim of the analysis is to verify the relationship of consumer survey results with the level of wealth and the financial Condition of households. It is assumed that the predictive power of individual indicators of consumer opinions regarding the development of consumption is indirect, describing, among other things, the earning activities of the respondents. The calculations, which took into account time lags, econometric causality, and the construction of models of stepwise regression, indicate that Polish respondents evaluate their wealth and the Economic Condition of the country from the perspective of the situation in the labour market.
