The transition to a low‐carbon economy will entail a large‐scale structural change. Some
industries will have to expand their relative economic weight, while other industries …

The purpose of this paper is to develop an insight and review the effect of FinTech
development against the broader environment in financial technology. We further aim to …

This paper examines the impact of financial sector policy announcements on bank stocks
around the world during the onset of the COVID-19 crisis. Overall, we find that liquidity …

We evaluate the connection between corporate characteristics and the reaction of stock
returns to COVID-19 cases using data on more than 6,700 firms across 61 economies. The …

American markets, once a model for the world, are giving up on competition. Thomas
Philippon blames the unchecked efforts of corporate lobbyists. Instead of earning profits by …

We review the literature on the empirical characteristics of the global financial cycle and
associated stylized facts on international capital flows, asset prices, risk aversion, and …

This paper updates and expands the database on systemic banking crises presented in
Laeven and Valencia (IMF Econ Rev 61 (2): 225–270, 2013a). The database draws on 151 …

This paper updates the database on systemic banking crises presented in Laeven and
Valencia (2008, 2013). Drawing on 151 systemic banking crises episodes around the globe …

Abstract The coronavirus (COVID-19) pandemic halted economic activity worldwide, hurting
firms and pushing many of them toward bankruptcy. This paper discusses four central issues …

Populism at the country level is at an all-time high, with more than 25 percent of nations
currently governed by populists. How do economies perform under populist leaders? We …