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Finance in the Middle Ages and the Scholastic tradition -- Credit and faith in medieval Iberia : the road not taken … -- Early European finance 1050-1650 -- Transcending feudal finance in Western Europe -- Mercantile credit and the Atlantic … -- Problematizing modern consumer credit -- An anthropology of the 2008 Credit Crisis -- Conclusion: hidden interests and the …
Persistent link: https://www.econbiz.de/10011745618
This paper presents a general equilibrium model with endogenous collateral constraints to study the relationship between financial development and business cycle fluctuations in a cross-section of economies with different sizes of their financial sector. The financial sector can amplify or...
Persistent link: https://www.econbiz.de/10009692604
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This paper studies episodes in which aggregate bank credit contracts alongside expanding economic activity-credit …--on average, they occur every five years. By comparison, banking crises take place every eight years on average. Credit reversals …
Persistent link: https://www.econbiz.de/10012604801
How does news about future economic fundamentals affect within-country and cross-country credit allocation? How … between 2000-2010, including the changes in the sectoral allocation of bank credit and movements in cross-country borrowing …
Persistent link: https://www.econbiz.de/10012793564
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We classify a large sample of banks according to the geographic diversification of their international syndicated loan portfolio. Our results show that diversified banks maintain higher loan supply during banking crises in borrower countries. The positive loan supply effects lead to higher...
Persistent link: https://www.econbiz.de/10011857209
We classify a large sample of banks according to the geographic diversification of their international syndicated loan portfolio. Our results show that diversified banks maintain higher loan supply during banking crises in borrower countries. The positive loan supply effects lead to higher...
Persistent link: https://www.econbiz.de/10011993704