Showing 1 - 10 of 1,353
Cross-border bank lending is a growing source of external finance in developing countries and could play a key role for infrastructure financing. This paper looks at the role of multilateral development banks (MDBs) on the terms of syndicated loan deals, focusing on loan pricing. The results...
Persistent link: https://www.econbiz.de/10011978454
Persistent link: https://www.econbiz.de/10009424875
The global financial crisis affected microfinance institutions (MFIs) as lending growth was constrained by scarcer …
Persistent link: https://www.econbiz.de/10014398523
The past two decades have seen a rapid increase in interest in financial inclusion, both from policymakers and researchers. This paper surveys the main findings from the literature, documenting the trends over time and gaps that have arisen across regions, income levels, and gender, among...
Persistent link: https://www.econbiz.de/10012300650
Gender gaps in womens' economic opportunities-labor market and entrepreneurship-have remained high in India. Lack of … higher female entrepreneurship and employment, which boosts India's output by 1.6 percent. However, regulations and gender … constraints on formal sector employment could boost India's output by 6.8 percent …
Persistent link: https://www.econbiz.de/10011932241
Rather than taking on more risk, US insurers hit hard by the crisis pulled back from risk taking, relative to insurers not hit as hard by the crisis. Capital requirements alone do not explain this risk reduction: insurers hit hard reduced risk within assets with identical regulatory treatment....
Persistent link: https://www.econbiz.de/10011705355
This paper assesses whether corporate liquidity needs in the G7 economies were met during the containment phase of the COVID-19 pandemic (February-June 2020) using various approaches to identify credit supply shocks. The pandemic crisis adversely affected nonfinancial corporate sector cash...
Persistent link: https://www.econbiz.de/10012518978
One of the most puzzling facts in the wake of the Global Financial Crisis (GFC) is that output across advanced and emerging economies recovered at a much slower rate than anticipated by most forecasting agencies. This paper delves into the mechanics behind the observed slow recovery and the...
Persistent link: https://www.econbiz.de/10012610732
This paper studies the dynamics of external accounts during 278 economic recession events in the past 60 years and sheds light on key factors that shape these patterns. Economic recessions trigger highly-persistent increases in the current account, driven by an initial, sharp decline in...
Persistent link: https://www.econbiz.de/10012605536
In the last decade, over half of the EU countries in the euro area or with currencies pegged to the euro were hit by large risk premium shocks. Previous papers have focused on the impact of these shocks on demand. This paper, by contrast, focuses on the impact on supply. We show that risk...
Persistent link: https://www.econbiz.de/10012009587