When the Covid-19 crisis struck, banks using internal-rating based (IRB) models quickly recognized the increase in risk and reduced lending more than banks using a standardized approach. This effect is not driven by borrowers’ quality or by banks in countries with credit booms before the...

The outbreak of COVID-19 generated an unprecedented shock in the short-term rental market. Here we use data from Airbnb to examine whether gender influences en- trepreneurs’ reactions to this large economic shock. Our identification strategy relies on the price adjustments operated by...

Environmental, Social, and Governance (ESG) ratings feature statistical and economic problems undermining their reliability as valid proxies for corporates’ social performance. To overcome this ratings providers specific bias, we focus on global sample of ESG-oriented Exchange Traded Funds...