The global financial crisis which erupted in the United States instantaneously swept across Europe. Like the United States, the European Monetary Union (EMU) was ripe for a crash. It had its own real estate bubble, specifically in Ireland and Spain, indulged in excessive deficit spending,...

This paper investigates the impact of capital flows on bank risk-taking behavior. It undertakes two levels of empirical estimations, namely (i) single-country industry-level; and (ii) multi-country industry-level estimations, covering emerging market economies. The results suggest that capital...

Given the considerable increase in entrepreneurship scholarship in the form of journal outlets, article publications, and university positions, it is important to identify the authors leading the charge to push the academic field forward. In this article, we provide an in-depth impact analysis...

The central bank is one of the main pillars of a country's government and one of the institutions most required to respond to crisis situations in the economy. In this respect, the National Bank of Romania, as the monetary authority of the Romanian state, is constantly subject to such pressure....