Results 171 to 180 of about 658,415 (404)
Risk aversion and debt maturity structure [PDF]
We study the relationship of risk aversion and debt maturity structure. In a model in which adverse selection in financial markets creates a role for the use of short-term debt, we allow the possibility of borrowers being risk-averse.
Blanca Cecilia García Medina+1 more
core
What drives sovereign debt maturity in European countries? [PDF]
[EN] The aim of this paper is to study the determinants of sovereign debt maturity for 23 European countries during the period between 1995 and 2013. For this purpose, we use quantile regressions with robust standard errors clustered by countries to ...
González Fernández, Marcos+1 more
core +1 more source
Bank Lending and Policy Interactions—A Comprehensive Assessment for the G20 Countries
ABSTRACT This study examines the joint impact from supervisory requirements, monetary policies and rescue packages on the supply of bank loans. Evidence is obtained from conceptual considerations and the empirical investigation of G20 banks over the period 1995–2021.
Dieter Gramlich, Meilan Yan, Dalu Zhang
wiley +1 more source
Character education and the instability of virtue
Abstract Character education in schools in England is flourishing. I give many examples of the enthusiasm for it as well as drawing attention to the UK government's new ambivalence towards it. Character education seems largely impervious to the many criticisms to which it has been subjected.
Richard Smith
wiley +1 more source
Defaultable bond liquidity spread estimation: an option-based approach [PDF]
This paper extends an option-theoretic approach to estimate liquidity spreads for corporate bonds. Inspired by Longstaff's equity market framework and subsequent work by Koziol and Sauerbier on risk-free zero-coupon bonds, the model views liquidity as a look-back option. The model accounts for the interplay of risk-free rate volatility and credit risk.
arxiv
Political Environment, Banking Liquidity, and Banking Crises: A Mediation Analysis From Panel Data
ABSTRACT The objective of this paper is twofold. (i) First, we examine whether the political environment affect bank liquidity. (ii) Then, we investigate whether the political environment's impact on banking crises is mediated through bank liquidity.
Joseph Attila
wiley +1 more source
On the Relevance of Ownership Structure in Determining the Maturity of Debt [PDF]
Maria‐Teresa Marchica
openalex +1 more source
Debt Management Policy, Interest Rates, and Economic Activity [PDF]
The maturity structure of the U.S. government's outstanding debt has undergone large changes over time, at least in part because of shifts in the Treasury's debt management policy.
Benjamin M. Friedman
core
Is Fintech Good for Bank Performance? The Case of Mobile Money in the East African Community
ABSTRACT Mobile money, a technology‐driven innovation in financial services, has profoundly penetrated the financial landscape in Sub‐Saharan Africa, including banks. Yet, besides anecdotal evidence, little is known about whether mobile money adoption enhances or worsens bank performance.
Serge Stéphane Ky+2 more
wiley +1 more source
ABSTRACT How did Haiti, where peanuts were once a staple crop often grown, traded, processed and shared by women, reach its contemporary food crisis, when some mothers must feed their children a diet of donated peanut‐based nutritional supplements to keep them alive?
Laura Dudley Jenkins
wiley +1 more source