Results 111 to 120 of about 207,728 (264)
European Financial Management, EarlyView.ABSTRACT In the face of climate change, uncertainty is deep, systemic, and does not propagate amid an institutional vacuum, contrary to assumptions often underlying existing macroeconomic climate models. The paper presents a macroeconomic Stock‐Flow Consistent model to examine the impact of climate‐related financial pressures under fundamental ...
Riccardo D'Orsi
wiley +1 more source
Global Banks and Local Rules: The Effects of Macroprudential Policy on US Bank Branch Lending
European Financial Management, EarlyView.ABSTRACT The discretionary nature of macroprudential policy implementation may stimulate regulatory arbitrage opportunities by global banks, undermining national regulators’ efforts to fine‐tune business, credit or financial cycles within the domestic perimeter. This paper examines how local macroprudential tools affect the lending behaviour of foreign
Carmela D'Avino +3 more
wiley +1 more source
The IMF and Russia in the 1990s [PDF]
This paper explains the IMF's impact on economic policies in Russia, focusing on where the IMF made a difference. The Russian economic and political leadership essentially determined economic policies.
John Odling-Smee
core
Religiosity and Debt Maturity: International Evidence
Financial Review, EarlyView.ABSTRACT This paper examines the association between country‐level religiosity and corporate debt maturity. We develop competing predictions reflecting creditor‐ and borrower‐side channels through which religiosity may favor either shorter or longer maturity. Using 407,399 firm‐year observations from 56 countries and territories over 1996–2021, we find
Xingyu Chen +4 more
wiley +1 more source
Political Accountability During Crises: Evidence From 40 Years of Financial Policies
International Economic Review, EarlyView.ABSTRACT We show that politicians facing a binding term limit are more likely to engage in financial deliberalization than those facing reelection, but only in the wake of a financial crisis. In particular, they implement policies that tend to favor incumbent financial institutions over the general population, such as increasing barriers to entry in ...
Orkun Saka, Yuemei Ji, Clement Minaudier
wiley +1 more source
The aggregate effects of government income transfers shocks: EU evidence. [PDF]
SERIEs (Berl), 2023 Párraga Rodríguez S.
europepmc +1 more source
IMF concern for reputation and conditional lending failure: theory and empirics [PDF]
The IMF is entrusted with the twofold task of enforcing conditionality and deciding whether or not to continue financial assistance. In this paper we examine the implications on IMF lending behaviour of the existence of uncertainty about its ability to ...
Silvia Marchesi, Laura Sabani
core
International Journal of Management Reviews, EarlyView.Abstract This study explores the intersection of the informal and circular economies and its implications for business, management and organization (BMO) scholarship and practice. Informal circularity, practices of collecting, reusing, repairing, recycling and repurposing materials outside formal economic, legal and regulatory arrangements, constitutes
Tulin Dzhengiz +3 more
wiley +1 more source
The Withering Away of Collective Bargaining: Trends, Determinants and Political Challenges
Industrial Relations Journal, EarlyView.ABSTRACT Based on recent OECD data, this paper shows that bargaining coverage declined in most countries. It became more decentralised and less coordinated, which played a role in the fall in coverage. Unions, employers and governments struggle to reform bargaining systems in a way that improves employment outcomes while increasing enterprise ...
Claus Schnabel
wiley +1 more source