Showing 1 - 10 of 538
Using comprehensive loan-level data in China, we investigate how the deregulation on bank entry barriers alters local …
Persistent link: https://www.econbiz.de/10014256421
In this paper, we investigate a neglected aspect of financial systems of many countries around the world: government ownership of banks. We assemble data which establish four findings. First, government ownership of banks is large and pervasive around the world. Second, such ownership is...
Persistent link: https://www.econbiz.de/10012788106
We study the consequences of month-end lending incentives for Chinese bank managers. Using data from two banks, one …
Persistent link: https://www.econbiz.de/10012911690
This paper evaluates the macroeconomic and distributional effects of government bailout guarantees for Government Sponsored Enterprises (such as Fannie Mae and Freddy Mac) in the mortgage market. In order to do so we construct a model with heterogeneous, infinitely lived households and...
Persistent link: https://www.econbiz.de/10013037535
Credit scoring was introduced in India in 2007. We study the pace of its adoption by new private banks (NPBs) and state … banks suggests that neither bank size nor government ownership fully explains adoption patterns. Organizational culture …
Persistent link: https://www.econbiz.de/10012889500
pre-crisis data, in order to study the impact of government guarantees on bank performance during a crisis. Using bank … private sector bank branches in districts with greater exposure to state-owned banks experienced deposit withdrawals and … shortening of deposit maturity. In contrast, nearby vulnerable state-owned bank branches grew their deposit base and increased …
Persistent link: https://www.econbiz.de/10013403886
We describe the pension plan features of the states and the largest cities and counties in the U.S. Unlike in the private sector, defined benefit (DB) pensions are still the norm in the public sector. However, a few jurisdictions have shifted towards defined contribution (DC) plans as their...
Persistent link: https://www.econbiz.de/10013130979
This paper studies dynamic labor demand by private and public manufacturing plants in China. It contributes along two dimensions. First, it uncovers the objectives of public enterprises and compares them to private enterprises. Second, it estimates adjustment costs of these plants and thus their...
Persistent link: https://www.econbiz.de/10013136558
China's high corporate savings rate is commonly claimed to be a key driver for the country's large current account surplus. The mainstream explanation for high corporate savings is a combination of windfall profits in state-owned firms, especially in resource sectors, and mis-governance of...
Persistent link: https://www.econbiz.de/10013137314
We measure the impact of municipal policies requiring governments to construct green buildings on private-sector adoption of the U.S. Green Building Council's Leadership in Energy and Environmental Design (LEED) standard. Using matching methods, panel data, and instrumental variables, we find...
Persistent link: https://www.econbiz.de/10013065448