Results 31 to 40 of about 22,219 (138)
FinTech Lending and Cashless Payments
The Journal of Finance, EarlyView.ABSTRACT Borrowers' use of cashless payments improves their access to capital from FinTech lenders and predicts a lower probability of default. These relationships are stronger for cashless technologies providing more precise information, and for outflows. Cashless payment usage complements other signals of borrower quality.
PULAK GHOSH, BORIS VALLEE, YAO ZENG
wiley +1 more source
Mathematical Finance, EarlyView.ABSTRACT We introduce a dynamic and stochastic interbank model with an endogenous notion of distress contagion, arising from rational worries about future defaults and ensuing losses. This entails a mark‐to‐market valuation adjustment for interbank claims, leading to a forward‐backward approach to the equilibrium dynamics whereby future default ...
Zachary Feinstein, Andreas Søjmark
wiley +1 more source
The Dollar's Double Life: Not All Dollar Appreciations Are Born Equal for the Cross‐Currency Basis
Journal of Futures Markets, Volume 46, Issue 4, Page 754-772, April 2026.ABSTRACT This paper revisits the relationship between the US dollar and cross‐currency basis (XCB) swap spreads. We show that the strength and direction of this relationship depend on the prevailing regime of the broad dollar. The evidence suggests that the well‐documented “dollar appreciates, basis widens” result holds primarily when the dollar is in ...
Daniel Felix Ahelegbey +2 more
wiley +1 more source
Exploring an uncharted market: Evidence on the unsecured Swiss franc money market [PDF]
To date, various central banks have lacked detailed statistical evidence on developments in the unsecured interbank money market. Furfine (1999) introduced the idea of calculating unsecured overnight interbank lending by using data of a RTGS system ...
Basil Guggenheim +2 more
core
Beyond the Power Law: Uncovering Stylized Facts in Interbank Networks
, 2015 We use daily data on bilateral interbank exposures and monthly bank balance sheets to study network characteristics of the Russian interbank market over Aug 1998 - Oct 2004.
Alexei Karas +41 more
core +1 more source
A Literature Review of Securities Holdings Statistics Research and A Practitioner's Guide
Journal of Economic Surveys, Volume 40, Issue 2, Page 632-658, April 2026.ABSTRACT Granular holdings data containing security‐by‐security portfolio investments features prominently in economics and finance research. One novel source is the granular Securities Holdings Statistics (SHS), managed by the European Central Bank. SHS covers different euro area investors with over 2 billion observations, representing +50 trillion ...
Martijn Boermans
wiley +1 more source
Information theoretic description of the e-Mid interbank market: implications for systemic risk [PDF]
, 2012 We present an empirical analysis of the European electronic interbank market of overnight lending (e-MID) during the years 1999–2009. The main goal of the paper is to explain the observed changes of the cross-sectional dispersion of lending/borrowing ...
Hatzopoulos, V., Iori, G.
core
Effects of Fiscal Policy Uncertainty and Asymmetric Spillovers: Evidence From Korea
Pacific Economic Review, Volume 31, Issue 1, Page 3-23, February 2026.ABSTRACT Uncertainty surrounding tax, expenditure and debt policy exerts an impact on the real economy. Motivated by this, our study investigates the effects of fiscal policy uncertainty (FPU) on macroeconomic and fiscal aggregates in Korea. Using a recently developed Korea FPU index, we show that while shocks to FPU lead to an increase in government ...
Dooyeon Cho, Yeonjin Song
wiley +1 more source
The Interbank Money Market Past and Future Trends [PDF]
This paper analyses the development of the three segments of the interbank money markets in Hungary and the euro area: unsecured lending/deposit transactions, sale and repurchase agreements (repos) and FX swaps. Reviewing the experiences of some eurozone
Csaba Balogh, Péter Gábriel
core
The 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