Arbeitspapier

Benford's law and Chinese banks' non-performing loans

Benford's law states that the leading significant digits in real-world data sets, provided the data span several orders of magnitude, are not normally uniformly distributed. Deviations from this law may indicate human intervention, even fraud. The data on Chinese banks' non-performing loans has sometimes deviated from Benford's law. Up to 2012, the frequency of ones as leading significant digits was lower than predicted by Benford's law. Surprisingly, the number of ones well exceeded the expected level for large and government-owned banks during 2015–2018.

ISBN
978-952-323-308-9
Language
Englisch

Bibliographic citation
Series: BOFIT Discussion Papers ; No. 25/2019

Classification
Wirtschaft
Specific Distributions; Specific Statistics
Banks; Depository Institutions; Micro Finance Institutions; Mortgages

Event
Geistige Schöpfung
(who)
Kauko, Karlo
Event
Veröffentlichung
(who)
Bank of Finland, Institute for Economies in Transition (BOFIT)
(where)
Helsinki
(when)
2019

Handle
Last update
10.03.2025, 11:44 AM CET

Data provider

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ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.

Object type

  • Arbeitspapier

Associated

  • Kauko, Karlo
  • Bank of Finland, Institute for Economies in Transition (BOFIT)

Time of origin

  • 2019

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