Are countries with unregulated capital flows more vulnerable to currency crises? Efforts to answer this question … properly must control for "self selection" bias since countries with liberalized capital accounts may also have more sound … sample selection bias, countries with liberalized capital accounts experience a lower likelihood of currency crises. That is …

Since bank credit lines are a major source of corporate funding and liquidity, we examine the determinants of credit … line usage with a database of Spanish corporate credit lines. A line's default status is the primary factor driving its … monitoring in firms' usage decisions. Credit line usage is found to be inversely related to macroeconomic conditions. Overall …

Managing the credit risk inherent to a corporate credit line is similar to that of a term loan, but with one key … default (LGD). However, since a credit line allows the borrowers to draw down the committed funds according to their own needs … corporate lending within Spain over the last 20 years, provides the most comprehensive overview of corporate credit line use and …

. Unlike the literature on global banking that studies a global bank’s foreign operations from a home country perspective, our …

-- was to maintain credit extension by the troubled Japanese financial sector. We conduct an event study concerning the … anticipated impact of quantitative easing on the Japanese banking sector by examining the impact of the introduction and expansion …

We assess the market microstructure properties of U.S. banking firms' equity, to determine whether they exhibit more or …

-Moore framework in which the removal of certain assets from the banking system can reduce their value. Changes in the relative …