growth, the Second Industrial Revolution (1870-1914) in France. In this period, technology became skill-intensive, leading to …

in France over the period from January 2015 to July 2016. Using firm-level data at monthly frequency, we document an … immediate and lasting decline in cross-border trade after a mass terrorist attack. According to our estimates, France’s trade in … particularly strong effects for partner countries with low border barriers to France, for firms with less frequent trade activities …

This study is an empirical investigation of theoretical predictions concerning the impact of bank competition on bank … banking increases, the loan-to-asset ratio will rise (under reasonable assumptions), but the probability of bank failure can … either increase or decrease. However, the probability of bank failure will fall if and only if borrowers' response to take on …

-based measures of systemic bank shocks (SBS). These measures differ from "banking crisis" (BC) indicators employed in many empirical … studies, which are constructed using primarily information on government actions undertaken in response to bank distress … that BC indicators actually measure lagged policy responses to systemic bank shocks. We then re-examine the impact of …

Limited liability and asymmetric information between an investment bank and its lenders provide an incentive for a bank …

granular effects: if markets are very concentrated in terms of the size distribution of banks, idiosyncratic shocks at the bank … of itself, and it may also influence concentration in banking and thus the impact of bank-specific shocks for the … micro-macro panel dataset. Our research has three main findings: First, bank-level shocks significantly impact on GDP …

profit shifting channels different from those of other firms. We propose a novel and bank-specific method of profit shifting … bank, we show that a one percentage point lower corporate tax rate increases banks'fixed-income trading assets by 4.0% and …

capital standards, and cost of bank equity determine credit reallocation, sectoral expansion and trade patterns. …