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Discussion paper

DP17507 Asset Overhang and Technological Change

  • Hans Degryse
  • Tarik Roukny
  • Joris Tielens

27 Jul 2022
  • Financial intermediation
  • Technological change
  • Innovation
  • Diffusion
  • Credit rationing
  • Climate change
  • Financial Economics
  • G21
  • G32
  • Q54
  • Q55
Discussion paper

DP17491 Refinancing Cross-Subsidies in the Mortgage Market

  • Alessandro Gavazza
  • Lu Liu
  • Jagdish Tripathy

22 Jul 2022
  • Financial Markets
  • Mortgages
  • Refinancing
  • Cross-subsidies
  • Wealth inequality
  • Household inaction
  • Household finance
  • Inertia
  • Financial Economics
  • Industrial Organization
  • G21
  • G50
  • N20
  • R21
  • R31
  • L51
  • D63
Discussion paper

DP17430 Green versus sustainable loans: The impact on firms' ESG performance

  • Özlem Dursun-de Neef
  • Steven Ongena
  • Gergana Tsonkova

3 Jul 2022
  • Green loans
  • Sustainability linked loans
  • Environmental
  • Social
  • And governance (esg) performance
  • Sustainable finance
  • Financial Economics
  • G21
  • G32
  • M14
Discussion paper

DP17426 The End of Market Discipline? Investor Expectations of Implicit Government Guarantees

  • Viral Acharya
  • Deniz Anginer
  • A. Joseph Warburton

3 Jul 2022
  • Financial Markets
  • Too big to fail
  • Dodd-frank
  • Bailout
  • Implicit guarantee
  • Moral hazard
  • Financial Economics
  • G21
  • G24
  • G28
Discussion paper

DP17032 Exorbitant Privilege? Quantitative Easing and the Bond Market Subsidy of Prospective Fallen Angels

  • Viral Acharya
  • Ryan Banerjee
  • Matteo Crosignani
  • Tim Eisert
  • Renée Spigt

20 Jun 2022
  • Capital misallocation
  • Corporate bond market
  • Investment-grade bonds
  • Bbb rating
  • Large-scale asset purchases (lsap)
  • Credit ratings inflation
  • Financial Economics
  • E31
  • E44
  • G21
Discussion paper

DP17394 Preferred Habitat and Monetary Policy Through the Looking-Glass

  • Martin Ellison
  • Giacomo Carboni

18 Jun 2022
  • General equilibrium
  • Interest rates
  • Preferred habitat
  • Term structure
  • Monetary Economics and Fluctuations
  • E43
  • E44
  • E52
  • G21
  • G22
Discussion paper

DP16533 Political Ideology and International Capital Allocation

  • Elisabeth Kempf
  • Margarita Tsoutsoura
  • Larissa Schäfer
  • Mancy Luo

17 Jun 2022
  • Elections
  • Capital flows
  • Syndicated loans
  • Mutual funds
  • Polarization
  • Ideology
  • Financial Economics
  • G21
  • G23
  • G41
Discussion paper

DP15900 “Long GFC”? The Global Financial Crisis, Health Care, and COVID-19 Deaths

  • Antonio Moreno Ibáñez
  • Steven Ongena
  • Alexia Ventula Veghazy
  • Alexander F. Wagner

15 Jun 2022
  • Global financial crisis
  • Covid-19
  • Local sovereign debt
  • Death ratio
  • Curative beds
  • Financial Economics
  • I10
  • G21
  • H1
Discussion paper

DP17355 Securitization, Covered Bonds and the Risk Taking Behavior of European Banks

  • laura bottazzi
  • Ahmed Arif
  • Sergio Pastorello

4 Jun 2022
  • Securitization
  • Credit risk
  • Covered bonds
  • European banks
  • Risk retention
  • Propensity score methods
  • Financial Economics
  • G01
  • G21
  • G23
Discussion paper

DP17335 Does IT help? Information Technology in Banking and Entrepreneurship

  • Toni Ahnert
  • Sebastian Doerr
  • Nicola Pierri
  • Yannick Timmer

29 May 2022
  • Technology in banking
  • entrepreneurship
  • Information technology
  • Collateral
  • Screening
  • Financial Economics
  • D82
  • G21
  • L26
Discussion paper

DP17313 The digital economy, privacy, and CBDC

  • Toni Ahnert
  • Peter Hoffmann
  • Cyril Monnet

17 May 2022
  • Financial intermediation
  • Digital platforms
  • Privacy
  • Payments
  • Central bank digital currency
  • Financial Economics
  • D82
  • E42
  • E58
  • G21
Discussion paper

DP17275 Access to Capital Markets and the Geography of Productivity of Leaders and Laggards

  • Giorgio Barba Navaretti
  • Anna Rosso

4 May 2022
  • Productivity
  • Bank deregulation
  • Regional development
  • Capital markets
  • Financial Economics
  • International Trade and Regional Economics
  • R1
  • O4
  • G21
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