Results 11 to 20 of about 75,127 (42)
American Economic Journal: Applied Economics, 2019 Despite evidence from multiple randomized evaluations of microcredit, questions about external validity have impeded consensus on the results. I jointly estimate the average effect and the heterogeneity in effects across seven studies using Bayesian ...
Rachael Meager
semanticscholar +1 more source
Climate Change-Related Regulatory Risks and Bank Lending
Social Science Research NetworkJEL G21, Q51, Q58 We analyze the effect of climate change - related regulatory risks on banks ’ credit allocation. Our evidence suggests that effects crucially depend firms ’ exposure to regulatory risks as well as on the existing regulatory environment ...
I. Mueller, Eleonora Sfrappini
semanticscholar +1 more source
The Optimal Quantity of CBDC in a Bank-Based Economy
Social Science Research NetworkWe show that the estimated effect of digital euro news on bank stock valuations and lending depends on the bank’s deposit reliance and the central bank digital currency (CBDC) design features.
Lorenzo Burlon +3 more
semanticscholar +1 more source
The Old Boys' Club: Schmoozing and the Gender Gap
Social Science Research Network, 2019 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
Gender diversity in bank boardrooms and green lending: Evidence from euro area credit register data
Social Science Research NetworkWe investigate whether female representation on bank boards influences lending to polluting firms. Using confidential credit register data matched with firm-level greenhouse gas emissions, we isolate credit supply effects.
A. Reghezza +3 more
semanticscholar +1 more source
Asymmetric Information and Imperfect Competition in Lending Markets
The American Economic Review, 2017 We study the effects of asymmetric information and imperfect competition in the market for small business lines of credit. We estimate a structural model of credit demand, loan use, pricing, and firm default using matched firm-bank data from Italy.
Gregory S. Crawford +2 more
semanticscholar +1 more source
Non-Performing Loans: What Matters in Addition to the Economic Cycle?
Social Science Research Network, 2013 Using a novel panel data set we study the macroeconomic determinants of nonperforming loans (NPLs) across 75 countries during the past decade. According to our dynamic panel estimates, the following variables are found to significantly affect NPL ratios:
Roland Beck, P. Jakubik, Anamaria Piloiu
semanticscholar +1 more source
The Invisible Hand of the Government: 'Moral Suasion' During the European Sovereign Debt Crisis
American Economic Journal: Macroeconomics, 2016 Using proprietary data on banks’ monthly securities holdings, we show that during the European sovereign debt crisis, domestic banks in fiscally stressed countries were considerably more likely than foreign banks to increase their holdings of domestic ...
S. Ongena, A. Popov, Neeltje van Horen
semanticscholar +1 more source
Some Borrowers Are More Equal than Others: Bank Funding Shocks and Credit Reallocation
Review of Finance, 2018 This paper provides evidence on the strategic lending decisions made by banks facing a negative funding shock. Using bank-firm level credit data, we show that banks reallocate credit within their loan portfolio in at least three different ways.
Olivier De Jonghe +4 more
semanticscholar +1 more source
The Dollar, Bank Leverage and the Deviation from Covered Interest Parity
American Economic Review: Insights, 2016 We document a triangular relationship in that a stronger dollar goes hand in hand with larger deviations from covered interest parity (CIP) and contractions of cross-border bank lending in dollars.
Stefan Avdjiev +3 more
semanticscholar +1 more source