We use an exogenous fiscal shock to identify the transmission of government risk to bank
lending due to banks holding government bonds. We illustrate with a theoretical model that …

We uncover that the Community Reinvestment Act (CRA), a major policy aimed to reduce
geographic inequality in credit access, can widen disparities across regions, despite …

Using loan-level administrative data and a regulatory shock that induced some banks to
redirect lending from non-financial firms to Non-Bank Financial Institutions (NBFIs), we find …

We empirically examine the impact of the Community Reinvestment Act (CRA) on banks'
branching and lending decisions as the banking sector undergoes a structural …

This dissertation consists of three chapters focusing on the effect of an unexpected climate
shock on liquidity and systemic risk in the Indian Economy. The causal effects are identified …

We use an exogenous fiscal shock to identify the transmission of government risk to bank
lending due to banks holding government bonds. We illustrate with a theoretical model that …

This paper examines the effects of macroprudential policy on international mergers and
acquisitions (M&As). It develops a model of bank and non-bank market for cross-border …

The objective of this paper is to examine the role of the financial market in the relationship
between banking regulation and liquidity risk. The study focuses on WAEMU countries …

The optimal level of banks' capital requirements has been a key research topic since at least
the introduction of the Basel rules in the late 1980s. In this paper, we review the literature …

The banking sector holds a pivotal position in the development of economies, primarily due
to its critical role in resource allocation through the process of bank intermediation. In this …