We examine the impact of financial development on the composition of household portfolios in Spain, the U.K. and the U.S., three countries whose financial systems underwent profound changes over the past two decades and for which relevant data exist for sufficiently long time periods. We find a...

We model the expected support of banks with credit ratings from Moody's and Fitch, taking explicitly into account the capacity and willingness of governments to provide support in case of need, as well as their concerns about moral hazard (i.e., that the expected support may induce banks to...

The study analyzes the responses of 411 AACSB member schools with respect to their offerings in international business. The findings of this study are that international business material is often incorporated into functional courses, and that among AACSB schools the accredited ones are not...