Results 41 to 46 of about 82,071 (46)

Long-term Investors, Demand Shifts, and Yields

Social Science Research Network
I exploit a Dutch reform in the regulatory discount curve that makes the liabilities of pension funds and insurance companies (P&Is) more sensitive to changes in 20-year interest rates but less so to longer maturity rates.
Kristy A.E. Jansen
semanticscholar   +1 more source

Concentration and Geographic Proximity in Antitrust Policy: Evidence from Bank Mergers

Social Science Research Network
Antitrust often uses the Herfindahl-Hirschman Index (HHI) for merger screening and review. We argue that HHI-based antitrust policy using predefined markets in the banking industry misses anticompetitive effects that are predicted by the proximity of ...
David Benson, S. Blattner, Serafin Grundl, You Suk Kim, Ken Onishi   +4 more
semanticscholar   +1 more source

Did the Paycheck Protection Program Help Small Businesses? Evidence from Commercial Mortgage-Backed Securities

American Economic Journal: Economic Policy
In this study, we examine the broader economic effects of the US federal government’s Paycheck Protection Program by focusing on the performance of securitized commercial mortgages.
Sumit Agarwal, Brent W. Ambrose, L. Lopez, Xue Xiao   +3 more
semanticscholar   +1 more source

A Crisis of Banks as Liquidity Providers: A Crisis of Banks as Liquidity Providers

, 2015
V. Acharya, Nada Mora
semanticscholar   +1 more source

Running for the Exit? International Bank Lending During a Financial Crisis

, 2011
R. D. Haas
semanticscholar   +1 more source

Competition and Credit Ratings After the Fall

Management Sciences, 2018
Sean Flynn, Andra Ghent
semanticscholar   +1 more source