We review the recent literature on the financing of innovation, inclusive of large companies
and new start-ups. This research strand has been very active over the past five years …

We provide a framework to interpret the recent literature on financial development and
inequality. In many developing countries, access to funding and financial services by firms …

Exploiting confidential data from the euro area, we show that sound banks pass negative
rates on to their corporate depositors and that pass-through is not impaired when policy …

This study attempts to provide some understanding about SMEs' access to finance within
theWest African sub-region with particular interest in establishing whether there are …

Using plant-level data from France, we document a potential cost of political connections for
firms that is not offset by other benefits. Politically connected CEOs alter corporate …

Do political connections buffer firms from or bind firms to the government? To examine this
theoretical puzzle, we distinguish two types of managerial political connections, ascribed …

This chapter discusses how applied researchers in corporate finance can address
endogeneity concerns. We begin by reviewing the sources of endogeneity—omitted …

I examine the link between political uncertainty and firm investment using US gubernatorial
elections as a source of plausibly exogenous variation in uncertainty. Investment declines …

We present evidence that banking development plays a key role in technological progress.
We focus on manufacturing firms' innovative performance, measured by patent-based …

This paper documents large cross-country variation in the relationship between bank
competition and bank stability and explores market, regulatory and institutional features that …