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Why Have Negative Nominal Interest Rates Had Such a Small Effect on Bank Performance? Cross Country Evidence

Lopez, Jose A. - 2018

We examine the effect of negative nominal interest rates on bank profitability and behavior using a cross-country panel of over 5,100 banks in 27 countries. Our data set includes annual observations for Japanese and European banks between 2010 and 2016, which covers all advanced economies that...

Persistent link: https://www.econbiz.de/10012480657

Macroeconomic Consequences of Tariffs

Furceri, Davide - 2018

We study the macroeconomic consequences of tariffs. We estimate impulse response functions from local projections using a panel of annual data that spans 151 countries over 1963-2014. We find that tariff increases lead, in the medium term, to economically and statistically significant declines...

Persistent link: https://www.econbiz.de/10012481049

Does Government Intervention Affect Banking Globalization?

Kleymenova, Anya - 2016

Using data from British and American banks, we provide empirical evidence that government intervention affects banking globalization along three dimensions: depth, breadth and persistence. We examine depth by studying whether a bank's preference for domestic, as opposed to external, lending...

Persistent link: https://www.econbiz.de/10012456692

The Effects of Paid Family Leave in California on Labor Market Outcomes

Baum, Charles L. - 2013

California's first in the nation government-mandated paid family leave program (CA-PFL) on mothers' and fathers' use of leave … during the period surrounding child birth, and on the timing of mothers' return to work, the probability of eventually … for mothers nine to twelve months after birth, possibly because they increase job continuity among those with relatively …

Persistent link: https://www.econbiz.de/10012458922

The Impact of Paid Family Leave on Employers : Evidence from New York

Bartel, Ann; Rossin-Slater, Maya; Ruhm, Christopher J.; … - National Bureau of Economic Research - 2021

We designed and fielded a survey of New York and Pennsylvania firms to study the impacts of New York's 2018 Paid Family Leave policy on employer outcomes. We match each NY firm to a comparable PA firm and use difference-in-difference models to analyze within-match-pair changes in outcomes. We...

Persistent link: https://www.econbiz.de/10012510550