Results 1 to 10 of about 72,611 (40)
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
THE LONG-RUN IMPACT OF E-PAYMENT ON FINANCIAL INCLUSION IN NIGERIA
International Journal of Management & Entrepreneurship Research, 2023 The link between e-payment system and financial inclusion (FI) is the fundamental interest of this paper. Series from the economy of Nigeria were adopted in testing the long-run equations of e-payment and FI.
Bernhard O. ISHIORO, Ph.D
semanticscholar +1 more source
Systemic Risk and Stability in Financial Networks
, 2013 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
Digital financing for SMEs' recovery in the post-COVID era: A bibliometric review
Frontiers in Sustainable Cities, 2022 The restrictions that have been implemented due to the COVID-19 pandemic have highlighted the growing importance of digital financing. While traditional banking services have been limited by social distancing, reduced work hours, and lockdowns, digital ...
Alfonso Pellegrino, M. Abé
semanticscholar +1 more source
What Do 25 Million Records of Small Businesses Say about the Effects of the PPP?
Federal Reserve Bank of Boston Research Department Working Papers, 2022 We utilize Dun & Bradstreet data on firms’ financial condition to examine the allocation of Paycheck Protection Program (PPP) loans and their impact. Three main findings emerge.
Gustavo Joaquim, J. C. Wang
semanticscholar +1 more source
Savings, Efficiency and the Nature of Bank Runs
Social Science Research Network, 2022 Does the level of deposits matter for bank fragility and efficiency? In a banking model with endogenous bank runs and a consumption-saving decision, we show that the level of deposits has opposite effects on bank fragility depending on the nature of bank
Agnese Leonello +3 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
Are Fund Managers Rewarded for Taking Cyclical Risks?
Social Science Research NetworkThe investment fund sector has expanded dramatically since the crisis of 2008-2009. As the sector grows, so do the implications of its risk-taking for the wider financial system and real economy.
E. Ryan
semanticscholar +1 more source
The End of Bank Secrecy? An Evaluation of the G20 Tax Haven Crackdown †
, 2014 During the financial crisis, G20 countries compelled tax havens to sign bilateral treaties providing for exchange of bank information. Policymakers have celebrated this global initiative as the end of bank secrecy.
Niels Johannesen, G. Zucman
semanticscholar +1 more source