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Does transparency of central banks communication affect credit market? Empirical evidence for advanced and emerging markets

North American Journal of Economics and Finance, 2020
This study examines the effect of the transparency of central banks communication on credit market. In particular, this study investigates how central banks’ effort to provide more detailed information about their objectives regarding the price stability
Bruno Pires Tiberto, Claudio de Moraes
exaly   +2 more sources

Effects of the Adoption of IFRS on the Credit Market: Evidence from Brazil

The International Journal of Accounting, 2018
Based on a sample of approximately 6500 credit ratings and 137,000 loan contracts, this paper analyzes the effects of mandatory IFRS adoption on the Brazilian credit market. We find that the IFRS adoption effects were limited to firms displaying improved
Giorgio Gotti, Gerlando A S F de Lima
exaly   +2 more sources

Signaling in Credit Markets [PDF]

open access: possibleThe Quarterly Journal of Economics, 1988
We show that, under a variety of alternative assumptions about the private information of loan applicants, a competitive market for loans is characterized by screening. Banks separate out loan risks by offering higher loans at higher interest rates.
Milde, Hellmuth, Riley, John
openaire   +2 more sources

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