Showing 1 - 10 of 164
financing, especially long-term lending. -- small and medium enterprises, bank finance, financial constraints, banking market …
Persistent link: https://www.econbiz.de/10003850504
respondent has a formal funeral cover increases with income and banking status. However, it is lower for individuals receiving …
Persistent link: https://www.econbiz.de/10003983213
-financial firms. This study tests whether a productivity pecking order also determines international banking activities. Using a novel … factors matter for international banking. Fourth, gravity-type variables have an important impact on international banking …
Persistent link: https://www.econbiz.de/10003923511
Banking across borders has risen substantially over the past two decades. Yet there is significant heterogeneity in the … variation from an international trade theory perspective. In the model, banking across borders arises from differences in factor … endowments and differences in banking sector efficiencies between countries. The paper shows how these differences determine …
Persistent link: https://www.econbiz.de/10009707604
The number of firm bankruptcies is surprisingly low in economies with poor institutions. We study a model of bank-firm relationship and show that the banks̕ decision to liquidate bad firms has two opposing effects. First, the bank receives a payoff if a firm is liquidated. Second, it loses the...
Persistent link: https://www.econbiz.de/10002524103
When firms borrow in foreign currency but collect revenues in local currency, exchange rate changes can affect their ability to repay their debt. Using loan-level data from U.S. banks' regulatory filings, this paper studies the effect of exchange rate changes on firms’ loan payments. A 10...
Persistent link: https://www.econbiz.de/10011741340
We study the importance of information technology (IT) in banking for entrepreneurship. Guided by a parsimonious model …
Persistent link: https://www.econbiz.de/10015048384
Persistent link: https://www.econbiz.de/10003635261
This article reviews recent theoretical contributions on digital piracy. It starts by elaborating on the reasons for intellectual property protection, by reporting a few facts about copyright protection, and by examining reasons to become a digital pirate. Next, it provides an exploration of the...
Persistent link: https://www.econbiz.de/10008698398
We study charitable giving within social groups. Exploiting a unique dataset, we establish three key relationships between social group size and fundraising outcomes: (i) a positive relationship between group size and the total number of donations; (ii) a negative relationship between group size...
Persistent link: https://www.econbiz.de/10010375278