Showing 1 - 10 of 68
We document that trust in public institutions and particularly trust in banks, business and government has declined …
Persistent link: https://www.econbiz.de/10010278438
In this paper we investigate the effect of local banking development on firms' innovative activities, using a rich data set on innovation for a large number of Italian firms over the 1990's. There is evidence that banking development affects the probability of process innovation, particularly...
Persistent link: https://www.econbiz.de/10010267494
We test whether financial fluctuations affect firms' decisions, through their impact on banks' cost of funding. We …-2012 sovereign debt crisis. Using newly available data linking over 3,000, mostly privately-held, non-financial firms to their bank(s …), we find that increases in Italian banks' CDS spreads and decreases in their equity valuations lead younger and smaller …
Persistent link: https://www.econbiz.de/10010328995
Do media slant news in favor of the banks they borrow from? We study how lending connections affect news coverage of … banks earnings reports and of the Eurozone sovereign debt crisis on major newspapers from several European countries. We … find that newspapers cover announcements by their lenders - relative to those of other banks - significantly more when they …
Persistent link: https://www.econbiz.de/10013351753
analyzes whether banks can support firms’ export by reducing informational asymmetries about foreign markets. We exploit a … large sample of Italian firms for which we merge custom data with information on their lender banks. We identify a shock …
Persistent link: https://www.econbiz.de/10013351997
We test whether financial fluctuations affect firms' decisions, through their impact on banks' cost of funding. We …-2012 sovereign debt crisis. Using newly available data linking over 3,000, mostly privately-held, non-financial firms to their bank(s …), we find that increases in Italian banks' CDS spreads and decreases in their equity valuations lead younger and smaller …
Persistent link: https://www.econbiz.de/10010734428
In this paper we investigate the effect of local banking development on firms’ innovative activities, using a rich data set on innovation for a large number of Italian firms over the 1990’s. There is evidence that banking development affects the probability of process innovation,...
Persistent link: https://www.econbiz.de/10005822124
We document that trust in public institutions – and particularly trust in banks, business and government – has declined …
Persistent link: https://www.econbiz.de/10008868129
In this paper, we use Data Envelopment Analysis (DEA) to estimate how well China's urban areas absorb migrant workers …
Persistent link: https://www.econbiz.de/10010282403
This study measures productivity growth using the Metafrontier Malmquist-Luenberger productivity growth index (MML index) method and decomposes the index. The results are compared with those obtained from the conventional Malmquist-Luenberger (ML) productivity growth index. MML has two...
Persistent link: https://www.econbiz.de/10010293182