For the case of Switzerland, this paper endeavours to uncover in how far officially backed guarantees on trade finance achieve their stipulated goal of promoting exports.The results of gravity equations suggest that the Swiss Export Risk Insurance scheme increases exports in the manufacturing...

For the case of Switzerland, this paper endeavours to uncover in how far officially backed guarantees on trade finance achieve their stipulated goal of promoting exports. The results of gravity equations suggest that the Swiss Export Risk Insurance scheme increases exports in the manufacturing...

This paper endeavours to explain the vast differences in the size of capital markets across countries, by drawing together theories emphasising cultural values, dysfunctional institutions, or impediments to trade as obstacles to financial development. To account for endogeneity, instrumental...

Using count data on the number of bank failures in US states during the 1960 to 2006 period, this paper endeavors to establish how far sources of economic risk (recessions, high interest rates, inflation) or differences in solvency and branching regulation can explain some of the fragility in...