We estimate the impact of household liquidity provision on macroeconomic stabilization using the 2020 CARES Act … liquidity that aligns with existing estimates for direct fiscal transfers. The implied debt-financed fiscal multiplier effects …

portfolios of banks that performed well in the stress-testing. In general, stress-testing has resulted in more diversified bank …

inclusion (together with some control variables) on some measures of financial stability, including bank non-performing loans … and bank Z-scores. We find some evidence that an increased share of lending to small and medium-sized enterprises (SMEs …

. Asian economies are often characterized as having bank-dominated financial systems and underdeveloped capital markets, in …

case of bank default, and provides it with sufficient funds as precautionary reserves. To identify and classify healthier …

Credit creation in the housing market has been a key source of systemic financial risk, and therefore is at the center …

Germany's bank-based financial system provides a high level of financial inclusion, measured by bank outreach and use … implementing the right to a basic bank account with an overdraft facility and protection against attachment, establishing public … credit bureaus, redirecting banking regulation toward the protection of borrowers in long-term credit relationships, and …