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This paper analyzes the importance of information technology (IT) in banking for entrepreneurship. To guide our … entrepreneurship by making it easier for startups to borrow against collateral. We provide empirical evidence that job creation by … lending channel for IT banks, entrepreneurship increases more in IT-exposed counties when house prices rise. In line with the …
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Lockdowns imposed around the world to contain the spread of the COVID-19 pandemic are having a differential impact on …
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The paper surveys the characteristics of explicit systems of deposit insurance in 68 countries. It compares these actual practices with a set of best practices that has been adopted by IMF staff for their advice to member countries. These best practices seek to establish a system of deposit...
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We investigate the issue of model uncertainty in cross-country growth regressions using Bayesian model averaging (BMA). We find that the posterior probability is distributed among many models, suggesting the superiority of BMA over any single model. Out-of-sample predictive results support that...
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