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finance premium, while a BGG model generates too low volatility. The full model also matches the procyclicality of bank …
Persistent link: https://www.econbiz.de/10010238505
bank-level can impact aggregate volatility. We find weak evidence for a link between granular banking sector volatility and …
Persistent link: https://www.econbiz.de/10010471853
This paper uses matched bank-firm-level data and the 2014 depreciation of the euro to show that exchange rate … depreciations lead to increased bank loan supply of large banks with significant net foreign asset exposure. This increase in …
Persistent link: https://www.econbiz.de/10012792736
policymakers’ efforts to strengthen bank capitalization. …
Persistent link: https://www.econbiz.de/10010128764
In this paper, we examine the influence of information rigidities concerning the net worth of banks on the real economy over time. In a first part, we show empirically that expectations about the net earnings of banks (as growth of net worth) are truly biased, particularly during the financial...
Persistent link: https://www.econbiz.de/10011543367
We discuss political economy mechanisms which can explain the resource curse, in which an increase in the size of resource rents causes a decrease in the economy's total value added. We identify a number of channels through which resource rents will alter the incentives of a political leader....
Persistent link: https://www.econbiz.de/10003867963
Persistent link: https://www.econbiz.de/10003990936
tradition and institutional ideas on the provision of public goods - on attitudes toward central government. We explore whether … government positively. Moreover, we explore whether adherence to collectivist norms of economic and political organization leads … to a positive evaluation of central government. Surveys were conducted in Russia and Israel as these countries provide a …
Persistent link: https://www.econbiz.de/10009783974
Persistent link: https://www.econbiz.de/10012605820
Persistent link: https://www.econbiz.de/10014468948