Results 41 to 50 of about 220,317 (159)
The Economic History Review, Volume 79, Issue 1, Page 89-132, February 2026.Abstract Did democratization reduce the likelihood of politically connected bank bailouts in the past? What role did private central banks play as independent lenders of last resort? To answer these questions, this article provides new detailed archival evidence on the causes of bank failures in Spain in July 1931.
Enrique Jorge‐Sotelo
wiley +1 more source
Understanding UK Productivity Using a Macroeconomic Lens
Journal of Economic Surveys, Volume 40, Issue 1, Page 214-241, February 2026.ABSTRACT We survey UK labor productivity over the long run, comparing it with other advanced economies, and focus on the sharp slowdown since the global financial crisis. Using a growth accounting framework, we highlight the primary role of total factor productivity (TFP), while noting that the contribution of capital shallowing is influenced by ...
Jagjit S. Chadha, Issam Samiri
wiley +1 more source
Respatializing Toxic Harm: The Case Against Sacrifice Zones
Antipode, Volume 58, Issue 1, January 2026.ABSTRACT Describing heavily polluted areas as “sacrifice zones” has become commonplace in recent decades, as diverse groups resist their unwitting exposure to destructive and toxic industrial, municipal, and military activities. However, pollutants tend to seep, spill, leak, and drift from wherever they are concentrated, defying any notion of physical ...
Kimberley Anh Thomas +2 more
wiley +1 more source
Back From the Brink: State‐Guaranteed Loans and Financial Recovery
European Financial Management, Volume 32, Issue 1, Page 140-155, January 2026.ABSTRACT This paper studies the financial trajectories of large firms that accessed a €200 billion state‐backed loan programme in Italy, part of broader interventions to contain corporate distress during the COVID‐19 crisis. Using firm‐level data from 2016 to 2023, we find that supported firms were initially more leveraged, less profitable and less ...
Emanuele Bajo +2 more
wiley +1 more source
We show that U.S. banks do not engage in zombie lending to firms of deteriorating profitability, irrespective of capital levels and exposure to such firms.
Pérez, Ander +2 more
core +1 more source
Forbearance lending and soft budget constraints in a model of multiple heterogeneous bank financing [PDF]
Empirical evidence suggests that banks often engage in refinancing of intrinsically insolvent debtors instead of writing of their non-performing loans.
Schüle, Tobias
core
Zombie Firms in the Eurozone: characterization, determinants and consequences [PDF]
, 2022 According to the definition of a zombie firm, these are businesses that should shut down but don’t do so because of substandard bank lending and government aid, leading to unfavourable effects on the economy's remaining viable firms. In this manner, the
Pinheira, Luís Filipe Coimbra Calheiros
core
Firms’ climate risks and bank lending: Evidence from the COVID-19 crisis [PDF]
Climate risks influence banks' lending behavior during the COVID-19 pandemic. Our study uses Japanese data to show that banks reduced lending to high CO2 intensity firms at the start of the crisis and the following year.
Shikimi, Masayo
core +2 more sources
The "heterogeneous" effect of government grants on bank lending. [PDF]
PLoS One, 2023 Gu S, Zhang Q.
europepmc +1 more source
, 2014 Zombie banks are banks that are practically insolvent but continue to exist through hiding bad loans on their balance sheet. This can be achieved by rolling over bad loans instead of writing them off, a process known as forbearance lending, zombie ...
Willam, Daniel
core