Results 1 to 10 of about 74,670 (38)
Sovereign Risk and Bank Lending: Theory and Evidence from a Natural Disaster
Social Science Research Network, 2023 We quantify the sovereign-bank doom loop by using the 1999 Marmara earthquake as an exogenous shock leading to an increase in Turkey’s default risk. Our theoretical model illustrates that for banks with higher exposure to government securities, a higher ...
Vivian Z. Yue +3 more
semanticscholar +1 more source
State Ownership and Corporate Leverage Around the World
Social Science Research Network, 2022 Does state ownership hinder or help rms access credit? We use data on almost 4 million rms in 89 countries to study the relationship between state ownership and corporate leverage.
R. de Haas +2 more
semanticscholar +1 more source
Financial Globalization and Economic Growth in South Asia
South Asia Economic Journal, 2020 The article examines relationship between financial globalization and economic growth in South Asian countries namely Bhutan, Bangladesh, India, Maldives, Nepal, Pakistan and Sri Lanka. Following the framework of Bekaert et al.
N. Bhanumurthy, Lokendra Kumawat
semanticscholar +1 more source
Global Production Linkages and Stock Market Comovement
Social Science Research Network, 2022 Although real integration conceptually plays an important role for the comovement of international equity markets, documenting this link empirically has proven challenging. We construct a new dataset of theory-guided, relevant measures of bilateral trade
Raphael A. Auer +3 more
semanticscholar +1 more source
Global Political Uncertainty and Asset Prices
The Review of financial studies, 2019 We show that global political uncertainty, measured by the U.S. election cycle, on average, leads to a fall in equity returns in fifty non-U.S. countries.
Jonathan Brogaard +3 more
semanticscholar +1 more source
Private Bank Deposits and Macro/Fiscal Risk in the Euro-Area
Social Science Research Network, 2022 We use a panel of ten euro area member states to examine the link between macro/fiscal risk and private bank deposits relative to Germany. Our main findings are summarised as follows: First, the relationship between relative deposits and macro/fiscal ...
M. Arghyrou +2 more
semanticscholar +1 more source
Sovereign to Corporate Risk Spillovers
Social Science Research Network, 2016 The first Greek bailout on April 11, 2010 triggered a significant reevaluation of sovereign credit risk across Europe. We exploit this event to examine the transmission of sovereign to corporate credit risk.
Patrick Augustin +3 more
semanticscholar +1 more source
The Global Capital Flows Cycle: Structural Drivers and Transmission Channels
Social Science Research Network, 2019 In this paper, we study the effects of structural shocks that influence global risk – the main factor behind a “global capital flows cycle” – and how risk, in turn, is transmitted to capital flows.
M. Habib, F. Venditti
semanticscholar +1 more source
Firm or Bank Weakness? Access to Finance Since the European Sovereign Debt Crisis
Social Science Research Network, 2020 This paper uses a unique dataset where credit rejections experienced by euro area firms are matched with firm and bank characteristics. This allows us to study simultaneously the role that bank and firm weakness had in the credit reduction observed in ...
G. Corbisiero, Donata Faccia
semanticscholar +1 more source
Output-inflation Trade-off in the Presence of Foreign Capital: Evidence for Vietnam
, 2021 On one monthly time-series data set of Vietnam economy over 02/2008–09/2018, the Time-Varying-Coefficient VAR model records that the trade-off between inflation and output growth is mitigated by the foreign capital inflows.
L. Hung
semanticscholar +1 more source