We conjecture that marketplace lending provokes an increase in the quantity of entrepreneurship, particularly in more regionally disadvantaged areas, albeit at lower average quality. Using a fuzzy regression discontinuity design that exploits exogenous variation in borrowers’ access to...

Research Summary: When evaluating Internet-based loan project of small and medium size firms (SME), lenders can rely on easy-to-understand risk ratings or more sophisticated financial information. We investigate lenders decisions and its effect on loan funding success on the marketplace lending...

Peer-to-business lending refers to online platforms facilitating loans from individuals to small and medium-sized enterprises (SMEs). We conjecture that easy-to-understand risk ratings conveyed by the platform play a pronounced role in influencing the borrowing success of SMEs and that more...

Governments, regulatory authorities and corporate governance bodies around the world have recently stressed the importance of practices and standards that help move forward toward sustainable economic models. This noticeable trend, nurtured in the aftermath of the numerous accounting frauds and...

The Research Handbook of Investing in the Triple Bottom Line deals with the growing trends in sustainable finance and investing where social, environmental and financial measures are employed to evaluate the behavior of economic actors and institutions. Composed of 20 topical and high-quality...

Households' and firms' subjective inflation expectations play a central role in macroeconomic and intertemporal microeconomic models. We discuss how subjective inflation expectations are measured, the patterns they display, their determinants, and how they shape households' and firms' economic...