Showing 31 - 40 of 11,477
We analyze reductions in bank credit using a natural experiment where unprecedented flooding differentially affected banks that were more exposed to flooded regions in Pakistan. Using a unique dataset that covers the universe of consumer loans in Pakistan and this exogenous shock to bank...
Persistent link: https://www.econbiz.de/10011779563
Persistent link: https://www.econbiz.de/10014545003
Persistent link: https://www.econbiz.de/10013552502
We examine the short- and long-run effects of financial liberalization on capital markets. To do so, we construct a new comprehensive chronology of financial liberalization in 28 mature and emerging market economies since 1973. We also construct an algorithm to identify booms and busts in stock...
Persistent link: https://www.econbiz.de/10005826221
The purpose of this lecture is to look beyond the complex events that characterize the global financial and economic crisis, identify the basic mechanisms, and infer the policies needed to resolve the current crisis, as well as the policies needed to reduce the probability of similar events in...
Persistent link: https://www.econbiz.de/10004999966
Post debt relief, the number of African countries considering accessing international capital markets, often to fund large infrastructure projects, is increasing. Potential risks of capital inflows are well known but the literature offers little help to estimate the cost of borrowing...
Persistent link: https://www.econbiz.de/10008560452
Persistent link: https://www.econbiz.de/10011884767
The rising demand for renewable energy solutions is forcing the established industries to expand and continue evolving. For the wind energy sector, the vast resources in deep sea locations have encouraged research towards the installation of turbines in deeper waters. One of the most promising...
Persistent link: https://www.econbiz.de/10011031351
two Brazilian State companies, BNDES and Petrobras, the two largest and most active agents of industrial policy in Brazil. …
Persistent link: https://www.econbiz.de/10011372215
Bank for Economic and Social Development (BNDES). It was observed that there is a complex relationship of institutional … complementarity involving FAT and BNDES, whose trajectory was marked by strong instability in recent years, which is a worrying … situation in terms of economic planning because FAT is one of the main generators of funding for the BNDES, which in turn is the …
Persistent link: https://www.econbiz.de/10012616425