Results 231 to 240 of about 79,637 (281)

ESG, Bank Debt and Firm Value: A Signaling Perspective

open access: yesJournal of International Financial Management &Accounting, EarlyView.
ABSTRACT This paper delves into the influence of bank debt in shaping the relationship between environmental, social, and governance (ESG) performance and a firm's value. As a result of the superior informational and monitoring functions of bank borrowers in their lending relationships, we argue that a firm's degree of bank debt might signal the ...
Gabriel De la Fuente, Pilar Velasco
wiley   +1 more source

Impact of Uncertainty Shocks on Income and Wealth Inequality

open access: yesJournal of Money, Credit and Banking, EarlyView.
Abstract We analyze the distributional consequences of uncertainty shocks in the U.S. economy. While their impact on income inequality appears marginal when measured by a single statistic, there are important variations: inequality between the rich and middle‐income groups decreases, while inequality between the middle and poor‐income groups increases ...
SANGYUP CHOI, JEEYEON PHI
wiley   +1 more source

Financial Fragility and the Fiscal Multiplier

open access: yesJournal of Money, Credit and Banking, EarlyView.
Abstract We show that undercapitalized banks with large holdings of government bonds subject to sovereign default risk lead to a new crowding‐out channel: deficit‐financed fiscal stimuli lead to higher bond yields, triggering capital losses for the banks. Banks then cut back loans, which reduces fiscal multipliers.
CHRISTIAAN VAN DER KWAAK   +1 more
wiley   +1 more source

Financial Time Series Uncertainty: A Review of Probabilistic AI Applications

open access: yesJournal of Economic Surveys, EarlyView.
ABSTRACT Probabilistic machine learning models offer a distinct advantage over traditional deterministic approaches by quantifying both epistemic uncertainty (stemming from limited data or model knowledge) and aleatoric uncertainty (due to inherent randomness in the data), along with full distributional forecasts.
Sivert Eggen   +4 more
wiley   +1 more source

Empirical Literature on Fiscal Multipliers: A Bibliometric Approach, 2002–2023

open access: yesJournal of Economic Surveys, EarlyView.
ABSTRACT This paper reviews the empirical literature on fiscal multipliers through a bibliometric approach, analyzing 337 journal articles published between 2002 and 2023. The articles are categorized based on empirical methodologies, fiscal shock identification strategies, geographic focus, exchange rate arrangements, and macro‐financial regime ...
Margarida Correia Varela   +1 more
wiley   +1 more source

Home - About - Disclaimer - Privacy