Showing 1 - 10 of 56
allocation in emerging markets. We investigate the impact of the mode of foreign entry (greenfield or takeover) on banks …
Persistent link: https://www.econbiz.de/10011091073
We propose a new method for measuring the quality of banks credit portfolios. This method makes use of information …
Persistent link: https://www.econbiz.de/10011091849
This paper proposes a conceptual framework to investigate the effects of central bank independence, of the degree of centralization of wage bargaining and of the interaction between those institutional variables, on real wages, unemployment and inflation, in a framework in which unions are...
Persistent link: https://www.econbiz.de/10011090389
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In this paper, we employ a registry of legal insider trading for Dutch listed firms to investigate the information content of trades by corporate insiders. Using a standard event-study methodology, we examine short-term stock price behavior around trades. We find that purchases are followed by...
Persistent link: https://www.econbiz.de/10011090406
in competition will have a larger impact on banks’ fragility in countries with stricter activity restrictions, lower …
Persistent link: https://www.econbiz.de/10011090475
This paper gauges the effect of financial deepening and bank outreach on informality using micro data from the Indian manufacturing sector and exploiting cross-industry variation in the need for external finance. We distinguish between two channels through which access to finance can reduce...
Persistent link: https://www.econbiz.de/10011090487
Persistent link: https://www.econbiz.de/10011090501
-tailing in host-country markets. We analyze lending by 136 banks to 8,253 firms in 1,513 different localities across 13 countries … rates by banks in host-country markets, but that the resulting loans are mostly to small, unaudited, nonexporting, and … innovative firms. The results are stronger when banks are less efficiently supervised at home, and they are observed …
Persistent link: https://www.econbiz.de/10011090625