This study examines the exposure of microfinance institutions to liquidity, interest rate and foreign exchange (FX) risk. It builds on a manually collected set of data on FX positions and the maturity structure of assets and liabilities of the largest microfinance institutions worldwide. The...

This study examines the exposure of microfinance institutions to liquidity-, interest rate and foreign exchange (FX) risk. Using manually collected data from microfinance institutions' financial reporting, I find that the microfinance sector faces minimal liquidity risk, high interest rate risk...

This study examines the exposure of microfinance institutions to liquidity, interest rate and foreign exchange (FX) risk. It builds on a manually collected set of data on the maturity structure of assets and liabilities of the 309 largest microfinance institutions (out of which 112 actually...

Purpose: SmartAirCargoTrailers improve short-distance air cargo transports within airport premises. They create real-time-transparency between the partners in the transport chain and thereby reduces waiting times while at the same time increasing equipment utilization. An autonomous truck with...

The paper investigates whether the financial crisis did affect risk perceptions, and, hence, change structural parameters. By decomposing credit spreads of US corporate bonds into the contributions by credit, equity, and liquidity risk factors as well as structural change, the relative...

Developing financial markets experience a swift increase in the availability of borrower-information from credit information sharing systems. I study whether banks can use this information to automate credit decisions. In the wake of a randomized controlled trial, a bank in Africa introduced an...

I study hold-up in bank lending and the effects of information sharing on this adverse selection problem. I derive testable hypotheses by augmenting the model in Gehrig and Stenbacka (2007). For empirical identification, I exploit the introduction of an information sharing system in an African...

Purpose: SmartAirCargoTrailers improve short-distance air cargo transports within airport premises. They create real-time-transparency between the partners in the transport chain and thereby reduces waiting times while at the same time increasing equipment utilization. An autonomous truck with...