Viele Länder stehen dem Problem des zunehmenden Protektionismus gegenüber. Durch die Ernennung des neuen US-Präsidenten Donald Trump hat diese Entwicklung ein neues Level erreicht. Die Vereinigten Staaten von Amerika sind aktuell der weltgrößte Binnenmarkt. Die US-Bürger erzielen eines der...

We show that banks "extended-and-pretended" their impaired CRE mortgages in the post-pandemic period to avoid writing off their capital, leading to credit misallocation and a buildup of financial fragility. We detect this behavior using loan-level supervisory data on maturity extensions, bank...

Getting the picture -- The main bang -- Pushing back -- Wheels up -- Confliction -- Course correction -- Flight ceiling -- Turbulence -- Down the tubes -- Pilot error -- Dead reckoning -- Trading paint -- Aluminum rain -- Debris field -- Black box

This study aims to empirically investigate the short- and long-term effects of climate policy uncertainty on economic growth in the U.S. for the years 1990-2020. In the study, total workforce, foreign direct investments, and financial development variables were also selected as control...