Showing 1 - 10 of 125
In this paper we investigate the effect of local banking development on firms' innovative activities, using a rich data set on innovation for a large number of Italian firms over the 1990's. There is evidence that banking development affects the probability of process innovation, particularly...
Persistent link: https://www.econbiz.de/10010267494
We document that trust in public institutions and particularly trust in banks, business and government has declined …
Persistent link: https://www.econbiz.de/10010278438
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/10010328995
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/10013351753
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/10013351997
In this paper we investigate the effect of local banking development on firms’ innovative activities, using a rich data set on innovation for a large number of Italian firms over the 1990’s. There is evidence that banking development affects the probability of process innovation,...
Persistent link: https://www.econbiz.de/10005822124
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/10010734428
We document that trust in public institutions – and particularly trust in banks, business and government – has declined …
Persistent link: https://www.econbiz.de/10008868129
examines the effect of credit, insurance, and poverty (defined as more than just low income). It also explains bonded child …
Persistent link: https://www.econbiz.de/10010261870
and car insurance using data from the UK. The main empirical results are: ? higher labor income risk induces a higher … demand for car insurance. ? the effects of increases in labor income risk after 1979 seem to be more than offset by a more …
Persistent link: https://www.econbiz.de/10010262448