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We estimate the impact of the COVID-19 crisis on business failures among small and medium size enterprises (SMEs) in seventeen countries using a large representative firm-level database. We use a simple model of firm cost-minimization and measure each firm's liquidity shortfall during and after...
Persistent link: https://www.econbiz.de/10012481180
This paper examines the consequences of the 2015 reform on the London fixing in the interbank forex market, which …
Persistent link: https://www.econbiz.de/10012455354
This paper uses an original data set of more than 3000 cases from 1918 to 1926 in the Central Criminal Courts of London …
Persistent link: https://www.econbiz.de/10012456696
synchronized with the London Interbank Offered Rate (LIBOR) denominated in the US dollar and the Japanese yen. Regardless of the …
Persistent link: https://www.econbiz.de/10012461695
We find that price momentum in stocks was a pervasive phenomenon during the Victorian age (1866-1907) as well. Momentum strategy profits have little systematic risk even at business cycle frequencies; disappear periodically only to reappear later; exhibit long run reversal; and are higher...
Persistent link: https://www.econbiz.de/10012464147
This study provides new evidence on the impact of air pollution in London over the century from 1866-1965. To identify … weeks with elevated pollution levels I use new data tracking the timing of London's famous fog events, which trapped … exposure due to fog events accounted for at least one out of every 200 deaths in London during this century. I provide evidence …
Persistent link: https://www.econbiz.de/10012453227
London the new center of the advanced art world. As Hirst reaches the age of 40, this paper uses auction results to measure … American artist under 40 has achieved. Whether London can continue its success will depend in part on whether it can match New …
Persistent link: https://www.econbiz.de/10012466957
Persistent link: https://www.econbiz.de/10012324182