The world economy has experienced four global recessions over the past seven decades: in
1975, 1982, 1991, and 2009. During each of these episodes, annual real per capita global …

This article investigates the impact of corporate governance on bank efficiency across a
sample of 139 commercial banks from 17 countries of Central and Eastern Europe during …

This paper investigates how the withdrawal of banks from their cross-border business
impacted the borrowing costs of European firms since the crisis. We combine aggregate …

This paper focuses on the impact of financial fragmentation on small and medium
enterprises'(SMEs) access to finance. We combine country-level data on financial …

We investigate to what extent corporate governance and risk management mitigate the
involvement of banks in credit boom and bust cycles. We study a unique, hand‐collected …

We use bank-level data on 16 CESEE economies over 2005-2014 to assess the role of
foreign banks in the region's credit dynamics. We confirm that macroeconomic fundamentals …

Closer integration between Central and Eastern Europe (CEE) and the EU has opened up
channels facilitating the propagation of economic shocks from the core to the eastern …

Based on bank-level data from 29 Sub-Saharan African countries between 2005 and 2019,
we apply panel fixed effects (FE) and two-step system GMM estimators to investigate …

This paper investigates the impact of board diversity on the performance and riskiness of
banks across Central and Eastern European (CEE) countries. We emphasize identifying …

This paper checks how international spillovers of shocks and policies are modified when
banks are foreign owned. To this end we build a two-country macroeconomic model with …