The growing carbon crisis threatens sustainable development. This paper verifies that the
rise of green finance contributes to overcoming this challenge. The benchmark results show …

We study the impact of higher capital requirements on banks' balance sheets and their
transmission to the real economy. The 2011 EBA capital exercise is an almost ideal quasi …

Digital technologies have played a significant role in the defense against the COVID-19
pandemic. This development raises the question of whether digital technologies have …

Unlike traditional financial crises, COVID-19 is a global public health crisis with a significant
negative impact on the global economy. Meanwhile, the stock market has been hit hard, and …

We exploit variation in the congestion of civil courts across Brazilian municipalities, together
with a bankruptcy reform increasing secured creditors' protection, to estimate the effect of …

Water resource management, as a foundation for supporting sustainable urban
development, has garnered increasing attention from scholars. Developing effective water …

We demonstrate the central importance of creditors' ability to use movable assets as
collateral (as distinct from immovable real estate) when borrowing from banks. Using a …

Climate change is causing increasing uncertainty for countries' economic growth and carbon
emission control has become a global consensus. The People's Bank of China introduced a …

This paper investigates the effect of access to finance on job growth in over 780,000 firms
across twenty-two developing countries. Using the introduction of credit bureaus as an …

This paper investigates how environmental regulation affects corporate hiring decisions.
Using the enactment of China's New Environmental Protection Law in 2015 as an …