information sharing among banks is only a recent phenomenon. Employing the fixed-effects framework and dynamic panel methods to … address endogeneity due to the non-exogenous nature of banks' choice to participate in information sharing, we find no credit …

banks using a non-parametric Monte Carlo re-sampling method following Carey [1998]. Our results are based on a panel data … set containing both loan and internal rating data from the banks complete business loan portfolios over the period 1997 … businesses in the sample is rated by both banks, we can generate loss distributions for SME, retail and corporate credit …

We estimate the cost of capital for the banking industry and find that while the cost of capital soared for banks in … the financial crisis, after the passage of the Dodd-Frank Act, the value-weighted cost of capital for banks fell … differentially more than did the cost of capital for nonbanks. The very largest banks drive the decline in expected returns. Over a …

mortgage tax from being levied on borrowers to being levied on banks; (ii) some areas, for historical reasons, were exempt from … smaller number of lending relationships, not working for the lender, or facing less banks in their zip-code, thereby …-full tax pass-through, the tax shift increases banks' risk-taking. More affected banks reduce costly mortgage insurance in case …

sources of efficiency and productivity of the foreign and domestic banks operating in the Malaysian banking sector. The … attributed to technological progress. The empirical findings suggest that both the domestic and foreign banks have exhibited …

The real estate prices in urban China have been soaring sharply since the commercialization reform of the housing … system, newly built houses dominate market across the vast territories of China, and this study of China will further the … fluctuations, the local government’s land revenue, the bank credit provided to the real estate industry, the demand in the local …

We analyze and compare the patterns of economic growth and development in China, Korea, and Japan in the post … offer potentially valuable lessons for China. China is following a structural change that Korea and Japan underwent decades … for China and Korea than for Japan. Our hypothesis tests show that the estimated Cobb-Douglas production functions display …

particularly worrisome, suggesting that the previous IV results are robust. In particular, using China Household Income Project …