I construct a novel dataset to measure the geographic complexity of cross-border African banks and relate it to their default and earnings risk. The results suggest that a higher degree of geographic complexity decreases risk. Further results show that the negative relationship between...

In this paper, we address a long-standing policy question of whether higher levels of regulatory capital, ex-ante, makes banks risk-resilient in times of severe economic downturns. Using the Covid-19 crisis as an exogenous shock to the banking system in a difference-in-difference setting, the...

I construct a novel dataset to measure the geographic complexity of parent-only African banks and relate it to their default and earnings risk. For the average African bank, the empirical results show that a higher degree of geographic complexity is associated with a decrease in risk. This...

Given the adverse effects of air pollution on human health, a lot of studies have empirically investigated the causal effect of air pollution on health. However, no study has considered how fine particulate matter interacts with GDP per capita to affect cancer mortality. This study therefore...