해외동향 | Financial Development Beyond the Formal Financial Market | 한국금융연구원

[LHKOREA]

2018-10-02 일자 [제 18-71 호]

Financial Development Beyond the Formal Financial Market
Bank of Canada (2018-10-02)

This paper studies the effects of financial development, taking into account both formal and informal financing. Using cross-country firm-level data, we document that informal financing is utilized more by rich countries ..  more

The Inverted-U Relationship Between Credit Access and Productivity Growth
CEPR (2018-10-02)

In this paper we identify two counteracting effects of credit access on productivity growth: on the one hand, better access to credit makes it easier for entrepreneurs to innovate; on the other hand, better credit access ..  more

Cross-border Banking and the Circumvention of Macroprudential and Capital Control Measures
IMF (2018-10-02)

We analyze the joint impact of macroprudential and capital control measures on cross-border banking flows, while controlling for multidimensional aspects in lender-and-borrower-relationships (e.g., distance, cultural pro ..  more

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Can Amazon Take Customer Loyalty to the Bank?	Bain & Company
Slow Slide? Europe's Largest Banks Face Eroding Financial Positions	Bain & Company
Financial Development Beyond the Formal Financial Market	Bank of Canada
Monetary Policy Uncertainty: A Tale of Two Tails	Bank of Canada
Should Bank Capital Regulation Be Risk Sensitive?	Bank of Canada
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The "privatization" of municipal debt	Brookings
The geography of prosperity	Brookings
Overcoming the Original Sin: gains from local currency external debt	Central Bank of Brazil
Unemployment Insurance, Strategic Unemployment and Firm-Worker Collusion	Central Bank of Brazil
Digital Finance and Data Security	CFI
Regulator 4.0	Deloitte
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Price Pressure and Price Discovery in the Term Structure of Interest Rates	FRB
The Differential Impact of Bank Size on Systemic Risk	FRB
The Long and Short of It: Do Public and Private Firms Invest Differently?	FRB
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Relative Pricing and Risk Premia in Equity Volatility Markets	FRB of New York
Efficiency in Sequential Labor and Goods Markets	FRB of San Francisco
Imperfect Information Transmission from Banks to Investors: Macroeconomic Implications	FRB of St. Louis
Insurance and Inequality with Persistent Private Information	FRB of St. Louis
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The Minimum Wage, EITC, and Criminal Recidivism	NBER
The Neo-Fisher Effect: Econometric Evidence from Empirical and Optimizing Models	NBER
Turnover Liquidity and the Transmission of Monetary Policy	NBER
Why Does Credit Growth Crowd Out Real Economic Growth?	NBER
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Excess liquidity and bank lending risks in the euro area	Bruegel
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Inequality as experienced difference: A reformulation of the Gini coefficient	CEPR
Life below zero: Bank lending under negative policy rates	CEPR
Optimal Need-Based Financial Aid	CEPR
Risk-Adjusted Capital Allocation and Misallocation	CEPR
Robots, Trade, and Luddism: A Sufficient Statistic Approach to Optimal Technology Regulation	CEPR
Stock Price Rewards to Climate Saints and Sinners: Evidence from the Trump Election	CEPR
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The Inverted-U Relationship Between Credit Access and Productivity Growth	CEPR
Europe's Payments Revolution	CEPS
Tools to boost investment in low-carbon technologies	CEPS
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Equilibrium asset pricing in directed networks	Deutsche Bundesbank
Large mixed-frequency VARs with a parsimonious time-varying parameter structure	Deutsche Bundesbank
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Reconstructing and stress testing credit networks	ESRB
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China's Capacity Reduction Reform and Its Impact on Producer Prices	IMF
China's Local Government Bond Market	IMF
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Cross-border Banking and the Circumvention of Macroprudential and Capital Control Measures	IMF
Financial Inclusion Under the Microscope	IMF
House Price Synchronization and Financial Openness: A Dynamic Factor Model Approach	IMF
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Technology and the Future of Work	IMF
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What Do Monetary Contractions Do? Evidence From An Algorithmic Identification Procedure	IMF
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Effective Carbon Rates 2018	OECD
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Job Creation and Local Economic Development 2018	OECD
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Patterns of firm level productivity in Ireland	OECD
Trade and Development Report 2018	UNCTAD
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Bank Runs and Moral Hazard : A Review of Deposit Insurance	World Bank
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Does Premature Deindustrialization Matter ? The Role of Manufacturing versus Services in Development	World Bank
Methodology for a World Bank Human Capital Index	World Bank
More Than Schooling : Understanding Gender Differences in the Labor Market When Measures of Skill Are Available	World Bank
The Effect of Increasing Human Capital Investment on Economic Growth and Poverty : A Simulation Exercise	World Bank
Toward a New Social Contract : Taking on Distributional Tensions in Europe and Central Asia	World Bank
What a Waste 2.0 : A Global Snapshot of Solid Waste Management to 2050	World Bank

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Rising oil prices catch emerging economies at a vulnerable moment	economist
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US stocks extend record run after strong inflows	ft
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Flattening Yield Curve Raises Caution Flag on Economy	wsj
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Crypto Meets Wall Street as Bitcoin Mining Giant Bitmain Files for IPO	wsj
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Fed Chairman Addresses Concerns About Flattening Yield Curve	wsj
In a Strong Economy the Fed Doesnt Want to Hold Your Hand	wsj
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WTO Cuts Trade Growth Forecast	wsj