Results 91 to 100 of about 12,649 (205)

Preventing financial ruin: How the West India trade fostered creativity in crisis lending by the Bank of England

open access: yesThe Economic History Review, Volume 79, Issue 1, Page 57-88, February 2026.
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

Goodbye connections, hello Bagehot: democratization, lender of last resort independence and bank failures in Spain in 1931

open access: yesThe Economic History Review, Volume 79, Issue 1, Page 89-132, February 2026.
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

Understanding UK Productivity Using a Macroeconomic Lens

open access: yesJournal of Economic Surveys, Volume 40, Issue 1, Page 214-241, February 2026.
ABSTRACT We survey UK labor productivity over the long run, comparing it with other advanced economies, and focus on the sharp slowdown since the global financial crisis. Using a growth accounting framework, we highlight the primary role of total factor productivity (TFP), while noting that the contribution of capital shallowing is influenced by ...
Jagjit S. Chadha, Issam Samiri
wiley   +1 more source

Skyfall: A Survival Analysis of the IMF Executive Board Members

open access: yesKyklos, Volume 79, Issue 1, Page 232-250, February 2026.
ABSTRACT In the absence of a retirement age constraint at the IMF, this study explores the tenure persistence within the Board of Directors of the International Monetary Fund (IMF) from 2009 to 2021, through a survival analysis. The findings highlight that extrinsic factors, namely sovereign crises, banking crises, the ratio of debt‐to‐GDP, and ...
Elie Israël   +3 more
wiley   +1 more source

Endogeneity Corrections in Binary Outcome Models With Nonlinear Transformations: Identification and Inference

open access: yesOxford Bulletin of Economics and Statistics, Volume 88, Issue 1, Page 45-56, February 2026.
ABSTRACT For binary outcome models, an endogeneity correction based on nonlinear rank‐based transformations is proposed. Identification without external instruments is achieved under one of two assumptions: Either the endogenous regressor is a nonlinear function of one component of the error term, conditional on the exogenous regressors, or the ...
Alexander Mayer, Dominik Wied
wiley   +1 more source

Climate‐Related Disclosure in European Banking: Stakeholder Capitalism Between Sustainability and Financial Imperatives

open access: yesBusiness Strategy and the Environment, Volume 35, Issue 1, Page 36-56, January 2026.
ABSTRACT This study examines how the largest European banks are integrating climate change considerations into their nonfinancial disclosures, focusing on the interplay between sustainability strategies and stakeholder‐oriented practices. The sample includes the 30 top‐ranking European banks by total assets and is subject to CSRD reporting obligations.
Valerio Brescia   +3 more
wiley   +1 more source

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