Showing 1 - 10 of 213
Cyber-attacks on financial institutions and financial market infrastructures are becomingmore common and more sophisticated. Risk awareness has been increasing, firms activelymanage cyber risk and invest in cybersecurity, and to some extent transfer and pool theirrisks through cyber liability...
Persistent link: https://www.econbiz.de/10012948520
Financial technology (fintech) is emerging as an innovative way to achieve financial inclusion and the broader objective of inclusive growth. Thus far, fintech in the MENAP and CCA remains below potential with limited impact on financial inclusion. This paper reviews the fintech landscape in the...
Persistent link: https://www.econbiz.de/10012909418
Are assets in a landlocked country subject to sea-level rise risk? In this paper, we study the cross-border spillovers of physical climate risks through international trade and supply chain linkages. As we base our findings on historical data between 1970 and 2018, we observe that globalization...
Persistent link: https://www.econbiz.de/10013243070
Why do many households remain exposed to large exogenous sources of non-systematic income risk? We use a series of randomized field experiments in rural India to test the importance of price and non-price factors in the adoption of an innovative rainfall insurance product. Demand is...
Persistent link: https://www.econbiz.de/10013098613
The paper finds that, given New Zealand's conservative approach in implementing the Basel II framework, New Zealand banks' headline capital ratios underestimate their capital strength. A comparison with Canadian, UK and Australian banks highlights the impact of New Zealand's more conservative...
Persistent link: https://www.econbiz.de/10013085973
discuss the challenges of integrating them into the public sector. The use of fintech in public finance could bring various …
Persistent link: https://www.econbiz.de/10014254589
main predictions of the model, and find strong evidence for the working capital channel of external finance on firm …
Persistent link: https://www.econbiz.de/10012947827
(FDI) in private external financing has declined significantly over the past decade. Access to domestic finance in Armenia … FDI and examines the impediments to increasing access to domestic finance. The paper confirms empirically that governance … are reported among major challenges for increasing access to finance for firms in Armenia. This paper finds that to …
Persistent link: https://www.econbiz.de/10014258215
We evaluate and partially challenge the 'household leverage' view of the Great Recession. In the data, employment and consumption declined more in states where household debt declined more. We study a model where liquidity constraints amplify the response of consumption and employment to changes...
Persistent link: https://www.econbiz.de/10012910353
Corporate credit growth in China has been excessive in recent years. This credit boom is related to the large increase in investment after the Global Financial Crisis. Investment efficiency has fallen and the financial performance of corporates has deteriorated steadily, affecting asset quality...
Persistent link: https://www.econbiz.de/10012977762