extensions by introducing new bank and country-level variables. We find robust evidence that investment in government securities … and market openness positively affect bank intermediation costs while the trilemma index negatively affects them. During … the world financial crisis, bank intermediation costs increased. Moreover, we observe that cost inefficiency, credit risk …

preferences on lending bases when extending credit to corporations in EMEs: foreign lenders exhibit a much higher reluctance to … lend against hard assets as collateral. On the basis of differentiated lending technologies, we show that the rise of …

costs of moving to higher capital ratios may lead banks to raise their lending rates and reduce lending. This note explores … the near-term implications of Basel III capital regulations on bank flows to emerging markets, based on an analysis of the …

This paper uses a series of experiments with commercial bank loan officers to test the effect of performance incentives … on risk-assessment and lending decisions. The paper first shows that, while high-powered incentives lead to greater … screening effort and more profitable lending, their power is muted by both deferred compensation and the limited liability …