This paper empirically examines how sectoral comovements are correlated with trade credit usage in a multi-region setting. Extending the models in Shea (2002) and Raddatz (2010), we develop a framework that captures the impact of trade credit usage on comovement between sectors within an economy...

This paper empirically examines how sectoral comovements are correlated with trade credit usage in a multi-region setting. Extending the models in Shea (2002) and Raddatz (2010), we develop a framework that captures the impact of trade credit usage on comovement between sectors within an economy...

Risk Adjusted Return On Capital (RAROC) is a loan-pricing criterion that has become increasingly prevalent in the banking industry since the 1990s. Under RAROC, a bank sets the loan term such that a certain rate of return is achieved on the regulatory capital required by the Basel capital...

Banks worldwide are required to hold a certain amount of regulatory capital to cushion against loans' unexpected losses. Currently, there are two widely adopted approaches in calculating regulatory capital: the standardized approach (the amount of regulatory capital equals to a certain...

Abstract In attempting to address the problems about low solar light utilization and easy compounding of photo-generated electrons-hole of the commonly used single transition metal oxide photocatalysts, this paper uses MXene ( Ti 3 C 2 ) with excellent wave absorption performance as a...

The paper focuses on an innovative bank-intermediated trade finance contract, which we call dynamic trade finance (DTF, under which banks dynamically adjust loan interest rates as an order passes through different steps in the trade process). We examine the value of DTF, the impact of process...

This paper empirically examines how sectoral co-movement are correlated with trade credit usage in a multi-region setting. Extending the models in Shea (2002) and Raddatz (2010), we develop a framework that captures the impact of trade credit usage on co-movement between sectors within a country...