This paper investigates which factors drive the prepayment of Peer-to-Peer (P2P) lending based on the data collected from Prosper.com. By using the lending data of 50,109 loans between July 2009 and August 2013, we find that higher interest rate and loan amount indicate lower probability that...

This article empirically analyzes the competitive landscape within the clearing and settlement industry. Using panel data for forty-six clearing and settlement institutions from twenty-three countries, we confirm that competition between clearing and settlement institutions is limited. We show...

Using a worldwide bank sample from 2000 to 2010, this article analyzes the determinants of bank lending behavior during the global financial crisis highlighting the role of bank capital. It reveals that the high quality of the bank funding strategy (tier 1 bank capital and retail deposits) and...

This article empirically investigates the influence of bank regulation and supervision on the competitive landscape within banking systems. Using the information on 23 emerging economies from 1996 to 2016, we confirm banking system with lower activity restrictions and (foreign) bank entry...

This study tests the impact of banking sector reform and competition on bank stability based on the unbalanced data from 14 transition countries during the period from 1998 to 2016. The initial results not only highlight the positive relationship between the market power and bank fragility, but...

This study finds a negative association between firm-level political risk (PRISK) and firm-level patents and citations in general. The PRISK extracted from different sectors also shows similar effects. This impact is more pronounced when a firm belongs to economically uncertain states,...

This article empirically analyzes the competitive landscape within the clearing and settlement industry. Using the panel data of 46 clearing and settlement institutions from 23 countries we confirm that competition between clearing and settlement institutions is limited. We show that competition...

Introduction -- Quality of Bank Capital, Competition, and Risk-Taking: Some International Evidence -- Banking Sector Reform, Competition, and Bank Stability: An Empirical Analysis of Transition Countries -- The Impact of Bank Regulation and Supervision on Competition: Evidence from Emerging...

This article confirms the existence of substantial economies of scale in trading and post-trading financial market infrastructures (FMI), using the panel data of thirty stock exchanges, twenty-nine clearing houses, and twenty-three central securities depositories from thirty-six countries. We...

Based on the daily data of 45 listed financial institutions from 2015 to 2022 in Chinese financial market, we construct higher-order temporal causal networks via the variable-lag Granger-causality test and higher-order temporal network model, and rank the systemic important financial...