he COVID-19 pandemic calls for a collective response at the global and regional level. Otherwise, some nations may be … mobility of people and goods, and supporting their economy. The pandemic is therefore a test for regions. They must demonstrate …

for the U.K. Thereby, we explicitly disentangle credit supply and demand and allow the interest rate charged on loans to …

, although default does not trigger exclusion from private credit markets. These findings help shed light on joint default and …

estimation method which is based on credit valuations. The main idea is straigtforward: We use structural models to link equity … valuations to credit valuations. Based on a simple Merton model, we derive an estimator for the market Sharpe ratio. This … appr. 40%. Adjusting for taxes and other parts of the credit spread not attributable to credit risk yields an average …

adolescents to stay in school effective amidst the pandemic? Here we show that, in Brazil, nudges via text messages to high …

developing countries before the pandemic. Having said that, such nudges typically work by leading parents to show up in school to … online academic activities prior to the pandemic. Findings: Nudges decreased dropout risk by around 26% over the course of … prior to the pandemic. Framing content in terms of the upside of graduating high school led to higher impacts than framing …