Ajai K. Singh

Learn More
The views expressed are those of the authors and do not necessarily reflect the views of the Bank of Finland and Federal Reserve Board. China for helpful suggestions. Tables showing some additional robustness checks are available upon request from the authors. Abstract China is reforming its banking system, partially privatizing and permitting minority(More)
Working papers of the Federal Reserve Bank of Cleveland are preliminary materials circulated to stimulate discussion and critical comment on research in progress. They may not have been subject to the formal editorial review accorded offi cial Federal Reserve Bank of Cleveland publications. The views stated herein are those of the authors and are not(More)
This paper studies the interconnectedness of banks in the syndicated loan market as a major source of systemic risk. We develop a set of novel measures to describe the "distance" (similarity) between two banks'syndicated loan portfolios and …nd that such distance explains how banks are interconnected in this market. As lead arrangers choose to work with(More)
OBJECTIVE To study the prevalence of psychiatric co-morbidity in patients of chronic daily headache (CDH) and compare the efficacy of treatment between various type of headache associated with psychiatric co-morbidity. MATERIALS AND METHODS Prospective case control cohort study, 92 consecutive patients of CDH meeting eligibility criteria. The diagnosis of(More)
The authors use stock return data to investigate the effects of the First Executive (FE) failure on other life insurance firms. In contrast to previous studies, they explicitly test for the separate effects of individual (retail) and institutional customer responses. The announcement of an accounting charge for junk-bond losses by First Executive(More)