Results 1 to 10 of about 82,036 (45)
The Old Boys’ Club: Schmoozing and the Gender Gap
The American Economic Review, 2023 Offices are social places. Employees and managers take breaks together and talk about family and hobbies. In this study, we show that employees’ social interactions with their managers can be advantageous for their careers, and that this phenomenon ...
Zoe Cullen, Ricardo Perez-Truglia
semanticscholar +1 more source
American Economic Journal: Economic Policy, 2020 Using comprehensive data on bank lending and establishment-level outcomes from 1997–2010, this paper finds that small business lending is an unimportant determinant of small business and overall economic activity.
M. Greenstone +2 more
semanticscholar +1 more source
Systemic Risk and Stability in Financial Networks
, 2015 This paper argues that the extent of financial contagion exhibits a form of phase transition: as long as the magnitude of negative shocks affecting financial institutions are sufficiently small, a more densely connected financial network (corresponding ...
Daron Acemoglu +2 more
semanticscholar +1 more source
Banks’ Noninterest Income and Systemic Risk
The Review of Corporate Finance Studies, 2020 This paper finds noninterest income is positively correlated with the total systemic risk for U.S. banks. Decomposing total systemic risk into three components, we find that noninterest income is positively related to a bank’s tail risk, positively ...
Markus K. Brunnermeier +2 more
semanticscholar +1 more source
Discriminatory Lending: Evidence from Bankers in the Lab
Social Science Research Network, 2023 We implement a lab-in-the-field experiment with 334 Turkish loan officers to document gender discrimination in small business lending and unpack mechanisms.
M. Brock, Ralph de Haas
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Banks as Lenders of First Resort: Evidence from the COVID-19 Crisis
The Review of Corporate Finance Studies, 2020 In March 2020, banks faced the largest increase in liquidity demands ever observed. Firms drew funds on a massive scale from preexisting credit lines in anticipation of cash flow and financial disruptions stemming from the advent of the COVID-19 crisis ...
Lei Li, Philip E. Strahan, Song Zhang
semanticscholar +1 more source
Stacking up the Benefits: Lessons from India’s Digital Journey
IMF Working Papers, 2023 Foundational digital public infrastructure (DPI), consisting of unique digital identification, payments system and data exchange layer has the potential to support the transformation of the economy and support inclusive growth.
Emine Hanedar +5 more
semanticscholar +1 more source
How Do Households Respond to Job Loss? Lessons from Multiple High-Frequency Data Sets
Social Science Research Network, 2023 How much and through which channels do households self-insure against job loss? Combining data from a large bank and from government sources, we quantify a broad range of responses to job loss in a unified empirical framework.
A. Andersen +5 more
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The Nexus of Monetary Policy and Shadow Banking in China
The American Economic Review, 2018 We study how monetary policy in China influences banks’ shadow banking activities. We develop and estimate the endogenously switching monetary policy rule that is based on institutional facts and at the same time tractable in the spirit of Taylor (1993).
Kaiji Chen, Jue Ren, Tao Zha
semanticscholar +1 more source
Carbon Taxes and the Geography of Fossil Lending
Social Science Research Network, 2023 Using data on syndicated loans, we find t hat t he i ntroduction o f a c arbon t ax is associated with an increase in domestic banks’ lending to coal, oil, and gas companies in foreign countries.
L. Laeven, A. Popov
semanticscholar +1 more source