The other (commercial) real estate boom and bust: the effects of risk premia and regulatory capital arbitrage

JV Duca, DC Ling - Journal of Banking & Finance, 2020 - Elsevier
In the 2000 s, US commercial real estate (CRE) prices experienced a boom and bust as
dramatic as the more widely analyzed swings in house prices and contributed significantly to …

The impact of city commercial banks' expansion on China's regional energy efficiency

Z Pu, M Yang - Economic Analysis and Policy, 2022 - Elsevier
This paper investigates whether city commercial banks' expansion can boost energy
efficiency to achieve regional carbon-neutral in China spanning the period from 2003 to …

Monetary policy, bank competition and regional credit cycles: Evidence from a quasi-natural experiment

N Segev, M Schaffer - Journal of corporate finance, 2020 - Elsevier
This paper examines how competition in the banking sector affects the transmission of
monetary policy and the variation of credit expansion across regions in the United States …

Bank branching deregulation and the credit risk of the regional banking sector: Evidence from city commercial banks in China

C Wang, Y Dong, R Ge - Emerging markets review, 2023 - Elsevier
From 2006 to 2011, with the change in regulatory policies, most regions of China relaxed
restrictions on the intercity branching of city commercial banks, which led to a significant …

Local government debt and corporate tax avoidance: Evidence from China

Z Shen, R Zhang, P Li - International Review of Economics & Finance, 2024 - Elsevier
Leveraging a large sample of publicly listed companies in China from 2010 to 2021, this
study investigates the impact of local government debt on corporate tax strategies. We …

[HTML][HTML] Disagreement-induced CEO turnover

S Huang, J Maharjan, AV Thakor - Journal of Financial Intermediation, 2020 - Elsevier
We propose and test a new explanation for forced CEO turnover, and examine its
implications for the impact of firm performance on CEO turnover. Investors may disagree with …

[PDF][PDF] More Credit, Fewer Babies? Bank Credit Expansion, House Price, and Fertility

X Yang - Unpublished Manuscript, 2023 - xiyangecon.github.io
More Credit, Fewer Babies? Bank Credit Expansion, House Price, and Fertility Page 1
Introduction Background Data Empirical Method/Results Mechanisms Conclusion More Credit …

More Credit, More Babies? Bank Credit Expansion, House Prices, and Fertility

X Yang - Bank Credit Expansion, House Prices, and Fertility …, 2023 - papers.ssrn.com
More Credit, More Babies? Bank Credit Expansion, House Prices, and Fertility by Xi Yang ::
SSRN Skip to main content PDF icon Download This Paper Open PDF in Browser Add Paper …

Competition and agency problems within banks: Evidence from insider lending

M Girotti, F Salvadè - Management Science, 2022 - pubsonline.informs.org
This paper studies whether greater competition can mitigate agency problems within banks.
We measure the intensity of the agency conflict within a bank by the volume of loans that the …

Credit supply shocks and household leverage: Evidence from the US banking deregulation

S Brown, D Gray, A Montagnoli - Journal of Financial Stability, 2019 - Elsevier
We use a quasi-natural experimental framework provided by the staggered removals of
interstate banking restrictions to identify the effect of a credit supply shock on household …