Haku
Viitteet 1-10 / 23
Russia's 1999–2000 election cycle and the politics-banking interface
(01.11.2017)
BOFIT Discussion Papers 17/2017
BOFIT Discussion Papers 17/2017
We investigate whether lending by the dominant Russian state bank, Sberbank, contributed to Vladimir Putin’s ascent to power during the presidential elections of March 2000. Our hypothesis is that Sberbank corporate loans ...
Reserve requirements and the bank lending channel in China
(21.09.2015)
BOFIT Discussion Papers 26/2015
BOFIT Discussion Papers 26/2015
This paper examines how reserve requirements influence the transmission of monetary policy through the bank lending channel in China while also taking into account the role of bank ownership. The implementation of Chinese ...
Did foreign banks “cut and run” or stay committed to Emerging Europe during the crises?
(04.11.2015)
BOFIT Discussion Papers 31/2015
BOFIT Discussion Papers 31/2015
Our objective is to examine empirically the behavior of foreign banks regarding real loan growth during a financial crisis for a set of countries in which these banks dominate the banking sectors due primarily to having ...
Monetary policy shocks and peer-to-peer lending in China
(05.12.2019)
BOFIT Discussion Papers 23/2019
BOFIT Discussion Papers 23/2019
This paper studies monetary policy transmission in China’s peer-to-peer lending market. Using spectral measures of causality, we explore the impacts of Chinese monetary policy shocks on China’s P2P market interest rates ...
Political cycles and bank lending in Russia
(25.03.2020)
BOFIT Discussion Papers 8/2020
BOFIT Discussion Papers 8/2020
State-owned banks tend to increase lending before elections for the purpose of boosting the reelection odds of incumbent politicians. We employ monthly data on individual banks to study whether Russian banks increased their ...
The failure of Chinese peer-to-peer lending platforms : Finance and politics
(15.12.2020)
BOFIT Discussion Papers 27/2020
BOFIT Discussion Papers 27/2020
We investigate the influence of financial and political factors on peer-to-peer (P2P) platform failures in China’s online lending market. Using a competing risk model for platform survival, we show that large platforms, ...
City commercial banks and credit allocation : Firm-level evidence
(09.03.2021)
BOFIT Discussion Papers 4/2021
BOFIT Discussion Papers 4/2021
This paper investigates how government-led banking liberalization affects credit allocation by banks using as a quasi-natural experiment the establishment of city commercial banks (CCBs) in China. Based on more than three ...
Lending without creditor rights, collateral, or reputation : The “trusted assistant” loan in 19th century China
(29.08.2017)
BOFIT Discussion Papers 13/2017
BOFIT Discussion Papers 13/2017
This paper considers lending to finance projects in a setting where repayment enforcement appears impossible. The loan was illegal and thus legally unenforceable. Creditors were incapable of applying private coercion to ...
Banking globalization, local lending, and labor market effects : Micro-level evidence from Brazil
(14.06.2017)
BOFIT Discussion Papers 11/2017
BOFIT Discussion Papers 11/2017
This paper estimates the effect of a foreign funding shock to banks in Brazil after the collapse of Lehman Brothers in September 2008. Our robust results show that bank-specic shocks to Brazilian parent banks negatively ...
Banks vs. markets : Are banks more effective in facilitating sustainability?
(27.04.2022)
BOFIT Discussion Papers 5/2022
BOFIT Discussion Papers 5/2022
Is bank- versus market-based financing different in its attitudes towards Environmental, Social, and Governance (ESG) risk? Using a novel sample covering 3,783 U.S. public firms from 2007 to 2020, we study how firm-level ...