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experiment to examine the effect of government guarantees on bank risk taking, using a large data set of matched bank …/borrower information. The results suggest that banks whose government guarantee was removed reduced credit risk by cutting off the riskiest … adjusted their liabilities away from risk-sensitive debt instruments after the removal of the guarantee, while we do not …
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The paper shows that mispriced deposit insurance and capital regulation were of second order importance in determining the capital structure of large U.S. and European banks during 1991 to 2004. Instead, standard cross-sectional determinants of non-financial firms’ leverage carry over to...
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cooperation with Colombia over the period 2002-2011. It also aims at identifying key lessons in order to improve the current and …
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agricultural activities, certainly at the level of individual land managers and farm estates, at significant risk. The European …
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This study compiles and summarizes the existing knowledge about observed and projected impacts of climate change on forests in Europe and reviews options for forests and forestry to adapt to climate change. It has been commissioned by the Directorate General for Agriculture and Rural Development...
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The FAO report "Livestock long shadow: environmental issues and options" (2006) claims that livestock production is a major contributor to the world's environmental problems, contributing about 18% to global anthropogenic greenhouse gas (GHG) emissions, although highly variable across the world....
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