The high social costs of financial crises imply that economists, policymakers, businesses,
and households have a tremendous incentive to understand, and try to prevent them. And …

This paper studies whether there is a connection between finance and growth at the firm
level. It employs a new dataset of 150,165 equity and bond issuances around the world …

This paper investigates the impact of stock market liberalization on entrepreneurship using
non-financial firm-level data from 2007 to 2022. The results show that increased stock …

Utilizing an international setting consisting of 21,039 observations from 43 countries during
the years from 2010 to 2019, spanning the period between the global financial and health …

The difference between corporate bond yields at issuance and in secondary markets, the
“issuance premium”, spikes in bad times, increasing firms' costs of capital. Leveraging new …

Purpose Using data on 739 banks from 22 countries with a dual banking system from 2012
to 2019, this paper aims to examine whether capital inflows affect banks' profitability in …

The goal of this paper is to assess the influence of specific macro and market features on the
Greek economic crisis and to predict the future output of the Greek economy. Time series …

We study the effects of sovereign debt inflows on domestic firms. To do so, we exploit
episodes of large sovereign debt inflows, which follow the announcements of the inclusion …

The high social costs of financial crises imply that economists, policymakers, businesses,
and households have a tremendous incentive to understand, and try to prevent them. And …

The study investigates the role of market-based finance and public financial support in
aiding scaling up by European SMEs. First, we analyse the impact of public loan guarantee …