Showing 1 - 10 of 19
This paper examines the effect of banking on economic growth in modern Russia. To overcome simultaneity and selection …, we exploit regional banking variation induced by the creation of “specialized banks” (spetsbanks) in the last years of … uncorrelated with 15 predictors of future growth, including pre-banking income, education, anti-market sentiment, institutional …
Persistent link: https://www.econbiz.de/10010545767
public financing to firms via the banking system. The effect of public incentives depends on the availability of financial …
Persistent link: https://www.econbiz.de/10009020148
We evaluate the effectiveness of a partial credit guarantee program implemented in a large Italian region using unique microdata from a broad set of firms. Our results show that the policy was effective to the extent that it resulted in an improved financial condition for the beneficiary firms....
Persistent link: https://www.econbiz.de/10011099641
finance than their male counterparts. According to statistical evidence, female firms have difficulty in accessing bank … finance: on the demand side, they apply for bank loans less frequently, as they more often anticipate a rejection; on the …
Persistent link: https://www.econbiz.de/10011100359
is greater a) in banks belonging to the major banking groups, with larger and younger boards; and b) in banks that are …
Persistent link: https://www.econbiz.de/10011100416
. This paper proposes a straightforward approach for estimating the systemic funding liquidity risk in a banking system and …
Persistent link: https://www.econbiz.de/10010552497
, thus lowering pricing effectiveness. The main finding is that larger banking groups were more affected by the sudden …
Persistent link: https://www.econbiz.de/10009193014
We investigate ownership effects on capital and adjustments speed to the target capital ratio in China from 2000 to 2012 and find that state-owned banks hold higher levels of capital than banks of other ownership types. Foreign banks are more highly capitalized than local non-state banks but...
Persistent link: https://www.econbiz.de/10010945005
means that, surprisingly, the association between stock prices and spreads of the banking sector does not seem to surge in …
Persistent link: https://www.econbiz.de/10010956052
Banks should evaluate whether a borrower is likely to default. The author applies several techniques in the extensive mathematical literature of stochastic optimal control/dynamic programming to derive an optimal debt in an environment where there are risks on both the asset and liabilities...
Persistent link: https://www.econbiz.de/10008561122