Evidence on the effects of negative interest rates on bank lending is inconclusive so far. By applying a difference …-in-difference estimation using granular loan level data with a large coverage from Austria, I show, contrary to some previous findings, that … clients with higher probabilities of default, confirming the previous found increased risk-taking behavior in negative …

for macroeconomic outcomes? Using an affine term structure model, we shed new light on these questions. Estimation is … subject to restrictions addressing an estimation bias in expected interest rates obtained by previous studies. Highfrequency …

The Security and Exchange Commission (SEC) has considered climate change as a risk issue since 2010. Several emission … financial performances, especially of listed companies. There are two ways these companies can disclose their transition risk … exposure and are not alternatives. One is the explicit declaration of exposure to transition risk in the legally binding …