Results 241 to 250 of about 158,140 (348)
Abstract We evaluate whether deposit insurance (DI) promotes liquidity by influencing depositor behavior. We use the postal savings (PS) system and state‐adopted DI schemes during the 1920s to examine the effect of bank suspensions on PS deposit growth in pairs of border cities (DI versus non‐DI).
Lee K. Davison, Carlos D. Ramirez
wiley +1 more source
The mechanism of mammalian peroxidase destruction of invasive microbes. [PDF]
Puf R, Smith ML, Laaksonen A.
europepmc +1 more source
Banking with Inside Money: An Efficiency Analysis
Abstract We show that banks do not decentralize the first best in a nominal Diamond–Dybvig economy with inside money. Furthermore, state‐contingent deposit contracts do not expand the consumption possibility set to include the first best either. Central banks can improve welfare but only for savers and only with unconventional monetary policy. Finally,
DAVID RIVERO +1 more
wiley +1 more source
What Are Asset Price Bubbles? A Survey on Definitions of Financial Bubbles
ABSTRACT Financial bubbles and crashes have repeatedly caused economic turmoil notably but not just during the 2008 financial crisis. However, both in the popular press as well as scientific publications, the meaning of bubble is sometimes unspecified.
Michael Heinrich Baumann +1 more
wiley +1 more source
Monetary policy, debt maturity structure and corporate investment efficiency: Evidence from China. [PDF]
Zheng L, Liu G, Liang Z, Liu C.
europepmc +1 more source
Size, Returns, and Value: Do Private Equity Firms Allocate Capital According to Manager Skill?
ABSTRACT Using a novel data set linking private equity (PE) deals to individual managers, we document evidence of manager skill in terms of generating net present value (NPV), a performance measure that captures both scale and returns. PE firms have strong economic incentives to raise larger funds and execute larger deals.
REINER BRAUN +3 more
wiley +1 more source
Overconfidence and insider trading with correlated signals. [PDF]
Daher W, Damrah S.
europepmc +1 more source

