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Does bank instability push borrowers to use crowdfunding as a source of external finance? We identify stressed banks and link them to a unique, manually constructed sample of 157 new ventures seeking equity crowdfunding. The sample comprises projects from all German equity crowdfunding platforms...
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common thread runs through all these crises: the interaction of a weak, undisciplined, or corruptible banking sector, and … crony finance was dubbed gaucho banking' more than one hundred years ago. What happens when such a rotten structure …
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This study investigates if the Troubled Asset Relief Program (TARP) distorted price competition in U.S. banking …
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