CCP Estimators

 

Tutorial Slides

Tutorial Video

 

The computer programs and documentation included below have been generously provided

by the authors.

 

 

Sources:

Kang, C. A., R. Lowery and M. Wardlaw (2015): “The Costs of Closing Failed Banks: A Structural Estimation of Regulatory Incentives”, Review of Financial Studies, 28 (4), 1060-1102.; Appendix; Working Paper 2014 for Intermediate Results; Estimation Procedure  [ZIP ARCHIVE]