to analyze eleven sanctions episodes between 2002 and 2015, we find that banks located in Germany reduce their positions … adjust its positions after the imposition of sanctions. For affiliated banks located in countries with low financial …

to analyze eleven sanctions episodes between 2002 and 2015, we find that banks located in Germany reduce their positions … adjust its positions after the imposition of sanctions. For affiliated banks located in countries with low financial …

. In this paper, we use account-level data from LendingClub and Y-14M data reported by U.S. banks with assets over $50 …€™s consumer lending activities have penetrated areas that may be underserved by traditional banks, such as in highly concentrated …

to analyze eleven sanctions episodes between 2002 and 2015, we find that banks located in Germany reduce their positions … adjust its positions after the imposition of sanctions. For affiliated banks located in countries with low financial …

Key parameters for the modeling of public finances are tax revenue elasticities with respect to tax bases. Yet the … existing studies estimating these elasticities for emerging countries disregard the effects of tax reforms on tax revenue … reforms and estimate both short- and long-run tax revenue elasticities. Our results suggest that the long-run elasticities are …

Technology and digitalization are transforming economic activity, but tax policies are lagging behind. The development … effects of taxation will become more severe and that tax bases will erode. As factors of production are becoming more fluid … and mobile, multinational corporations have been able to shift their profits to low-tax jurisdictions, so called base …

the experience of 34 OECD countries over 1980-2014 to assess the effects of changes in the tax structure on the long … while keeping government size constant typically lift long-term output per capita when they involve cuts in the labour tax …-income effects of revenue-neutral reductions in labour tax wedges are broadly in line with intuition: the relative position of those …

This article analyzes the impact of credit risk transfer on banks' screening incentives on the primary loan market …. While credit derivatives allow banks to transfer risk to investors, they negatively a ffect the incentive to screen due to … the asymmetry of information between banks and investors. I show that screening incentives can be reestablished with …

portfolio granted by banks, decreased by 26.1% for an average MFI for the period 2011-2018. …

banks, cooperative banks and savings banks from 2005 through 2013, in order to investigate whether smaller banks such as … cooperative banks or savings banks tended to be more robust to the financial crisis. We find that the volume of lending (loan loss … increase in loss avoidance behavior specifically for cooperative banks. Cooperative banks are also the group of banks that …