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Keywords: Multi-state Markov panel data model
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Journal Articles
Journal of Financial Regulation and Compliance (2020) 28 (1): 130–159.
Published: 19 September 2019
... that capital guidelines, supervisory power and supervisory structure can have significantly positive effects on the capital adequacy state. Moreover, the multi-state Markov panel data model estimation results show that the significantly positive-effect practices can change the capital state transition...
