Samuel K. Hughes and Joseph B. NicholsAs financial intermediaries, banks have a key role in producing information and managing the risks on diverse loan portfolios. An important input into this process is ongoing collection of financial performance from borrowers.
Andrea StellaUsing data on U.S. manufacturing plants, I estimate a production function model that includes agglomeration intensity as a component of total factor productivity and allows agglomeration benefits to vary across establishments, which can lead to sorting. I find that agglomeration benefits decline with unobserved establishment-level raw productivity.
We need a new approach to research—one rooted in trust, lived experience, and the stories data often overlooks.
The Money Markets Committee is a forum for market participants and authorities to discuss the UK unsecured deposits and funding market and securities lending and repo markets.
The latest meeting of the Standards Advisory Panel (SAP)
The latest meeting of the Standards Advisory Panel (SAP)
Matthew R. Darst, Sotirios Kokas, Alexandros Kontonikas, Jose-Luis Peydro, and Alexandros P. VardoulakisWe show that the effectiveness of unconventional monetary policy is limited by how banks adjust credit supply and manage liquidity risk in response to fragile non-bank funding. For identification, we use granular U.S. administrative data on deposit accounts and loan-level commitments, matched with bank-firm supervisory balance sheets.
Gone are the days when players prioritized luck games over skill. Though online casinos have undergone significant changes with the advanced technologies and development in the last decade, one notable growth is the rise of skill-based games, where players can exhibit their strategies and skills at casino games rather than relying on mere luck. Skill-based ... Read more
In this digital era, online gambling has emerged as a very popular enterprise. Interested players can access these online gambling sites from a variety of devices. It is now easier than ever to participate in a game or two wherever you are. Online gambling can be classified as Casino games, sports betting, Poker, Lottery, and ... Read more
