). We use detailed individual-level survey data, combined with key country-level indicators of bank competition and … financial soundness, to study the effect on the adoption of several financial products (bank accounts, credit and debit cards …, and bank loans). We find that more competition tends to increase the probability of access to these financial products. On …

How can governments reduce the prevalence of cross-border tax fraud? This paper argues that the use of digital … technologies offers an opportunity to reduce fraud and increase government revenue. Using data on intra-EU and world trade … transactions, we present evidence that (i) cross-border trade tax fraud is non-trivial and prevalent in many countries; (ii) such …

Like any tax, the VAT is vulnerable to evasion and fraud. But its credit and refund mechanism does offer unique …

This paper analyzes the evolution of bank funding structures in the run up to the global financial crisis and studies … the implications for financial stability, exploiting a bank-level dataset that covers about 11,000 banks in the U.S. and …-crisis period were more likely to fail afterward. The likelihood of bank failure also increases with bank risk-taking. In the cross …