Showing 1 - 10 of 67
We test whether financial fluctuations affect firms' decisions, through their impact on banks' cost of funding. We …-2012 sovereign debt crisis. Using newly available data linking over 3,000, mostly privately-held, non-financial firms to their bank(s …), we find that increases in Italian banks' CDS spreads and decreases in their equity valuations lead younger and smaller …
Persistent link: https://www.econbiz.de/10010229932
Do media slant news in favor of the banks they borrow from? We study how lending connections affect news coverage of … banks earnings reports and of the Eurozone sovereign debt crisis on major newspapers from several European countries. We … find that newspapers cover announcements by their lenders - relative to those of other banks - significantly more when they …
Persistent link: https://www.econbiz.de/10013173241
analyzes whether banks can support firms' export by reducing informational asymmetries about foreign markets. We exploit a … large sample of Italian firms for which we merge custom data with information on their lender banks. We identify a shock …
Persistent link: https://www.econbiz.de/10013332105
This chapter analyzes the effect of intangible investment on firm efficiency with an emphasis on its software component … technical efficiency in the software intensive manufacturing firms in Turkey for the period 2003-2007. Firms are classified … differentials in their firm efficiency. The results show that the effect of software investment on firm efficiency is larger in high …
Persistent link: https://www.econbiz.de/10011309152
on the use of routine tasks by middle-educated workers, this study focuses on a measure of complex software that is … instrumental variables estimates show that in the medium run, firms' adoption of complex software affects firms' employment … decisions and the skill content of occupations. The adoption of complex software reallocates employment from skilled workers to …
Persistent link: https://www.econbiz.de/10011732039
A substantial amount of money is spent on technology by schools, families and policymakers with the hope of improving educational outcomes. This chapter explores the theoretical and empirical literature on the impacts of technology on educational outcomes. The literature focuses on two primary...
Persistent link: https://www.econbiz.de/10011348286
-experimental design, in Bangladesh and Pakistan. Three borrower groups are compared: Current borrowers; Pipeline borrowers and Non …. For Pakistan, there is no evidence that micro-credit effects employment. However, for Bangladesh, there is robust evidence …
Persistent link: https://www.econbiz.de/10011502591
villages in Bangladesh. We find perceived institutional trust to be positively correlated with stated inter-personal trust. At …
Persistent link: https://www.econbiz.de/10011528173
well-being of the very poor women in Bangladesh. Programme impact is assessed on a wide range of monetary and nonmonetary …
Persistent link: https://www.econbiz.de/10011452674
Using a choice experiment among 2,000 workers in Bangladesh, we to elicit willingness to pay (WTP) for specific job …
Persistent link: https://www.econbiz.de/10011977559