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