Upon assuming control of Baoshang Bank, Chinese bank regulators announced that they would eschew bailing out large creditors of this city-level distressed bank in full. This paper investigates the consequences of this unexpected deviation from the long-standing full bailout policy. Employing a...

SIPP is a nationally representative longitudinal survey that provides comprehensive information on the dynamics of income, employment, household composition, and government program participation. It offers a rich variety of information, allowing for examinations of: - Adult and child...

We examine the effect of regional favoritism on firms’ access to credit. Using firm-level data on a large sample of 29,000 firms covering 48 countries, we investigate the hypothesis that access to credit of firms is higher in the birth regions of national political leaders. We find evidence...

We evaluate the impact of loan-to-value restrictions on household financial vulnerability. Using Norwegian tax data, we first document a beneficial leverage effect, in which households respond to the regulation by reducing house purchase probabilities, debt and interest expenses. Second, we...

This paper studies how banks compete amid digital disruption and the resulting distributional effect across consumers. Digital disruption increases the geographic coverage of banking services, bringing new entrants to local markets. However, as digital customers shift from branches to digital...

We welcome empirical contributions on the general topics as well as on the focus topic from various disciplines, particularly from Economics, Social Sciences, and Educational Sciences. The Covid-19 pandemic has changed higher education in numerous ways. Not only do faculties face new challenges,...

We are seeking the best current papers on education, broadly understood including work on pupils, teachers, schools, and universities. The conference will have a limited set of full participants, who can actively engage with the speakers. We will allow an unlimited number of researchers to...

IZA would like to encourage new research work in the important area of climate change. Global warming is increasing the frequency of extreme climatic conditions across the world. Despite efforts to mitigate the extent of climate change, exposure to extreme events such as heatwaves, floods, and...

The ageing population and increases in longevity have drawn attention to the management of longevity risk in pension funds, life insurers and health insurers. Governments face the challenge of financing an ageing population with longer life spans and providing an environment conducive to private...