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Enterprise Innovation, Government Subsidies, and Bank Loans: an Empirical Analysis from the Science and Technology Innovation Board of China
This research explored the relationship between the innovation of high-tech enterprises and bank loans and the role of government subsidies between...
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Impact of Nonresident Bank Loans on Economic Activity
This study investigates the role of nonresident bank loans in economic activity. Analyses are conducted with GMM dynamic panel data techniques. The...
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Financial maintenance covenants in bank loans
We develop a model of financial maintenance covenants under moral hazard, adverse selection, and informative signals of varying quality. We explain...
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The Role of Bank Loans to Agriculture Entities in Kosovo
This paper explores the role of bank loans in supporting the agricultural entities in Kosovo. Agriculture is a significant sector of the economy in...
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Determinants of Non-performing Loans: A Panel Data Approach
This paper considers a panel of 80 countries across all continents, over the period 1999–2019, and uses panel generalized method of moments system...
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Are the loans of state-owned banks politically motivated?
This paper investigates the relationship between annual disbursements of Brazil’s largest development bank, BNDES, and mayors political affiliation....
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Green loans and the transformation of heavy polluters: evidence from China
China has historically imposed its green loan policy since 2012. We examine the impact of green loan policy on the transformation of heavy polluters...
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Does climate policy uncertainty matter for bank value?
We examine whether and how climate policy uncertainty (CPU) affects bank value. Based on a sample of Chinese listed banks, we find that CPU is...
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Bank market power and firm finance: evidence from bank and loan-level data
We investigate the impact of bank market power on the interest rates charged for loans to nonfinancial firms within the context of a develo**...
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Does country risk impact the banking sectors’ non-performing loans? Evidence from BRICS emerging economies
This study aims to fill the gap in the literature by specifically investigating the impact of country risk on the credit risk of the banking sectors...
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Bank risk and stockholding (1910−1934)
The massive rise in US stockholding during the early twentieth century resulted in the deepening of securities markets, the spread of investment...
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Did the BOJ’s negative interest rate policy increase bank lending?
This study investigates the effects of the negative interest rate policy in Japan on bank lending using regression discontinuity design. On January...
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Should I Stay or Should I go Now? The Effect of Bank Mergers on Bank–Firm Relationships in Japan
This study investigates the effects of bank mergers on bank–firm relationships. Bank merger announcements are shown to increase the probability of...
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Investment externalities, bank liquidity creation, and bank failures
Recent evidence suggests that banks are interconnected through investment externalities among their borrowers. We study how such investment...
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The impact of the Bank of Japan’s exchange traded fund and corporate bond purchases on firms’ capital structure
This study examines how the Bank of Japan’s (BOJ’s) exchange-traded fund (ETF) and corporate bond (CB) purchases affect the capital structure of...
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Central bank digital currency, loan supply, and bank failure risk: a microeconomic approach
Central bank digital currencies (CBDCs), which are legal tenders in digital form, are expected to reduce currency issuance and circulation costs and...
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Planes, Loans and Bank Robbery
This chapter covers the methods of fund acquisition that emerged in France after D-Day.
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Typical States and Their Risks for Mortgage Loans
In this study, we construct a compartmental model that tracks the different states and their respective hazards for typical mortgage loans. We...
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A theory of National Development Bank: long-term investment and the agency problem
This paper applies the contract theory to study the role of National Development Bank (NDB) in financing infrastructure investment. We first show...
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Bank competition and liquidity hoarding
This paper explores the in-depth effect of bank competition on liquidity hoarding by using a comprehensive strategy for empirical measurement. More...