Results 101 to 110 of about 143,061 (349)
The economic effect of discrimination: Evidence from the restaurant sector
Contemporary Economic Policy, Volume 43, Issue 2, Page 226-259, April 2025.Abstract Discrimination often leads to economic consequences for affected groups. This study examines the economic impact of consumer discrimination on Chinese restaurants in the U.S. during the COVID‐19 pandemic's onset. Using cell phone data and revenue records, it identifies a significant −10% relative decline in visits to Chinese restaurants by ...
Guanting Yi
wiley +1 more source
Recent Private Capital Inflows to Developing Countries: Is the Debt Crisis History? [PDF]
This empirical study finds that while debt reduction and policy reforms in debtor countries have been important determinants of renewed access to international capital markets, changes in international interest rates have been the dominant factor.
Eduardo Fernandez-Arias +2 more
core
The Economic History Review, EarlyView.Abstract This paper contributes to the understanding of the complex relationship between British economic performance during the Napoleonic wars and the ‘West Indies’, as the Caribbean slave colonies were called. Not only did profits from slave‐based commerce provide financing for the growth of the financial sector, as has been claimed, but the risk of
Carolyn Sissoko, Mina Ishizu
wiley +1 more source
Bank Provisioning and Microcredit [PDF]
In this paper we develop a banking model to study the traditional credit and the microcredit markets. We suppose a monopolistic traditional bank that specializes in screening potential debtors based in their risk profile and a microcredit bank that focus
Dairo Estrada, Santiago Caicedo
core
Does strengthening Collective Action Clauses (CACs) help? [PDF]
, 2010 Does improving creditor coordination by strengthening CACs lead to efficiency gains in the functioning of sovereign bond markets? We address this question in a model featuring both debtor moral hazard and creditor coordination under incomplete ...
Ghosal, Sayantan +1 more
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The Economic History Review, EarlyView.Abstract This article examines the relationship between national politics, sovereign default, credit rationing, and their effects on fiscal revenues and exports in nineteenth‐century Colombia. Using quantitative and qualitative analysis, it challenges existing narratives on Colombia's lack of sustained nineteenth‐century export‐led development, showing
Andrew Primmer
wiley +1 more source
This paper presents a principal-agent model of IMF conditional lending, in the aftermath of a "capital-account" liquidity crisis. We show that traditional ex-post conditonality can be effective in safeguarding the Fund's resources, allowing for the ...
Giulio Federico
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The Economic History Review, EarlyView.Abstract Did democratization reduce the likelihood of politically connected bank bailouts in the past? What role did private central banks play as independent lenders of last resort? To answer these questions, this article provides new detailed archival evidence on the causes of bank failures in Spain in July 1931.
Enrique Jorge‐Sotelo
wiley +1 more source
Ineffectiveness of the Payment of Debt under the Polish Law [PDF]
Societas et Iurisprudentia, 2019 The aim of the presented study is to answer the following question: whether – according to the Polish law which is not lex concursus in the case – the payment of debt if other required legal conditions are fulfilled may be ineffective?
Rafał Adamus
doaj
Political Risk and Sovereign Debt Contracts [PDF]
, 2011 Default on sovereign debt is a form of political risk. Issuers and creditors have responded to this risk both by strengthening the terms in sovereign debt contracts that enable creditors to enforce their debts judicially and by creating terms that ...
Choi, Stephen J. +2 more
core +3 more sources