A household panel data set is used to investigate the effects of economic growth on firewood collection in Nepal … education, non-farm business assets and road connectivity with reduced collections. Nepal households collected 25% less firewood …

Using census data from Nepal we examine how the partial derivatives of predicted household welfare vary with parental …

Financial crises are associated with reduced volumes and extreme levels of rates for term inter-bank transactions, such … leveraged banks’ precautionary demand for liquidity. When adverse asset shocks materialize, a bank’s ability to roll over debt … is impaired because of agency problems associated with high leverage. In turn, a bank’s propensity to hoard liquidity is …

channel, we perform an empirical analysis of Russian bank liquidity in 1994 on the basis of bank data. The paper concludes …

Exploiting the Japanese banking crisis as a laboratory, we provide firm-level evidence on the real effects of bank … investors have similar effects. Moreover, bank mergers engineered to enhance bank stability appear to hurt the borrowers of the …

Central bank policy suffers from time-inconsistency when facing a banking crisis: A bailout is optimal ex post but ex … reputation for the central bank are high, monitoring effort by the banker is important in improving returns, and when the cost of …