Narrow search
Showing 1 - 10 of 619
Cover Image
Cross-subsidization of Bad Credit in a Lending Crisis
Artavanis, Nikolaos; Lee, Brian Jonghwan; Panageas, Stauros - National Bureau of Economic Research - 2022
We study the corporate-loan pricing decisions of a major Greek bank during the Greek financial crisis. A unique aspect … of our dataset is that we observe both the interest rate and the "breakeven rate" of each loan, as computed by the bank …
Persistent link: https://www.econbiz.de/10013172149
Cover Image
Short-Term Loans and Long-Term Relationships : Relationship Lending in Early America
Bodenhorn, Howard - 2001
Recent banking theory holds that durable firm-bank relationships are valuable to both parties. Using contract …-specific loan records of a nineteenth-century U.S. bank, this paper shows that firms that form extended relationships with banks … receive three principal benefits. First, firms with extended relationships face lower credit costs. As the bank …
Persistent link: https://www.econbiz.de/10012470076
Cover Image
Trade policy issues and empirical analysis : [papers from a conference held by the National Bureau of Economic Research in Cambridge, Mass., Feb. 13 - 14, 1987]
Baldwin, Robert E. (ed.) - 1988 - 1. [print.]
Persistent link: https://www.econbiz.de/10013480866
Cover Image
Banks as Lenders of First Resort : Evidence from the COVID-19 Crisis
Li, Lei - 2020
-shock bank capital, explain why banks were able to accommodate these liquidity demands …
Persistent link: https://www.econbiz.de/10012481838
Cover Image
Do Credit Market Shocks affect the Real Economy? Quasi-Experimental Evidence from the Great Recession and ‘Normal’ Economic Times
Greenstone, Michael - 2014
. We predict county lending shocks using variation in pre-crisis bank market shares and estimated bank supply …
Persistent link: https://www.econbiz.de/10012457962
Cover Image
Toward an Understanding of the Economics of Apologies : Evidence from a Large-Scale Natural Field Experiment
Halperin, Basil - 2019
We use a theory of apologies to design a nationwide field experiment involving 1.5 million Uber ridesharing consumers who experienced late rides. Several insights emerge from our field experiment. First, apologies are not a panacea: the efficacy of an apology and whether it may backfire depend...
Persistent link: https://www.econbiz.de/10012479628
Cover Image
Generative AI at Work
Brynjolfsson, Erik; Li, Danielle; Raymond, Lindsey R. - National Bureau of Economic Research - 2023
We study the staggered introduction of a generative AI-based conversational assistant using data from 5,179 customer support agents. Access to the tool increases productivity, as measured by issues resolved per hour, by 14 percent on average, with the greatest impact on novice and low-skilled...
Persistent link: https://www.econbiz.de/10014250178
Cover Image
Platform as a Rule Maker : Evidence from Airbnb's Cancellation Policies
Jia, Jian; Jin, Ginger Zhe; Wagman, Liad - National Bureau of Economic Research - 2021
Digital platforms are not only match-making intermediaries but also establish internal rules that govern all users in their ecosystems. To better understand the governing role of platforms, we study two Airbnb pro-guest rules that pertain to guest and host cancellations, using data on Airbnb and...
Persistent link: https://www.econbiz.de/10012585362
Cover Image
Understanding Bank Runs : The Importance of Depositor-Bank Relationships and Networks
Iyer, Rajkamal - 2008
We use a unique, new, database to examine micro depositor level data for a bank that faced a run. We use minute … of bank-depositor relationships in influencing depositor propensity to run. We employ methods from the epidemiology … underlying factors. We find that deposit insurance is only partially effective in preventing bank runs. Further, our results …
Persistent link: https://www.econbiz.de/10012464366