Zobrazeno 1 - 10
of 61
pro vyhledávání: '"Claudio Raddatz"'
Publikováno v:
Journal of Financial Intermediation. 51:100980
We explore empirically how the time-varying allocation of credit across firms with heterogeneous credit quality matters for financial stability outcomes. Using firm-level data for 55 countries over 1991-2016, we show that the riskiness of credit allo
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::76c350d1a74f243188f7f20c4f7a4cae
https://doi.org/10.1016/j.jfi.2022.100980
https://doi.org/10.1016/j.jfi.2022.100980
The Good, the Bad, and the not-so Ugly of Credit Booms: Capital Allocation and Financial Constraints
Publikováno v:
SSRN Electronic Journal.
We provide international empirical evidence that periods of rapid expansion in credit — credit booms — lead to a tradeoff between a relaxation of financial constraints and a worsening of capital allocation. This tradeoff is stronger across small,
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::aecfddc1602a7e38d61fcad0e94da448
https://doi.org/10.2139/ssrn.3868620
https://doi.org/10.2139/ssrn.3868620
Autor:
Claudio Raddatz
Publikováno v:
SSRN Electronic Journal.
Authorized participants’ (APs) arbitrage in primary markets for ETF shares plays a key role in limiting dislocation in ETF prices. This paper builds a novel dataset of detailed US bond ETF-AP relationships and shows that high AP leverage played a s
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::bc703c755c349d54b7f6caed445c84ac
https://doi.org/10.2139/ssrn.3868529
https://doi.org/10.2139/ssrn.3868529
Publikováno v:
IMF Working Papers. 20
Leading up to the global financial crisis, US dollar activity by global banks headquartered outside the United States played a crucial role in transmitting shocks originating in funding markets. Although post-crisis regulation has improved banking sy
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::ae5aea14afca46596c23f3d0047c0c79
https://doi.org/10.5089/9781513549149.001
https://doi.org/10.5089/9781513549149.001
Publikováno v:
International Asset Allocations and Capital Flows: The Benchmark Effect
This paper studies channels through which well-known benchmark indexes impact asset allocations and capital flows across countries. The study uses unique monthly micro-level data of benchmark compositions and mutual fund investments during 1996-2012.
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::deb0dddb2f0931a0ffd356b7dabf02a7
https://doi.org/10.1016/j.jinteco.2017.06.007
https://doi.org/10.1016/j.jinteco.2017.06.007
Publikováno v:
Comparative Advantage, International Trade, and Fertility
This paper analyzes theoretically and empirically the impact of comparative advantage in international trade on fertility. It builds a model in which industries differ in the extent to which they use female relative to male labor and countries are ch
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::689e074ce214154533a23cd07d6b0d44
https://doi.org/10.1016/j.jdeveco.2015.10.006
https://doi.org/10.1016/j.jdeveco.2015.10.006
Autor:
Claudio Raddatz, Matías Braun
Publikováno v:
Financial Management. 45:769-802
This article provides evidence on the relation among financial constraints, competition, and the cyclicality of markups. Based on a long series of industry data from a large number of countries, we find that markups increase in conjunction with the b
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::e432bc8c6c63e45855a4266635932aee
https://doi.org/10.1111/fima.12121
https://doi.org/10.1111/fima.12121
Publikováno v:
Advances in the Practice of Public Investment Management ISBN: 9783319902449
We analyze how the use of well-known benchmark indexes affects both international portfolios and the investment of mutual funds across countries. Extending the analysis in Raddatz et al. (Journal of International Economics 413–430, 2017), we illust
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::1db075112e0cff82060f429d9943a00b
https://doi.org/10.1007/978-3-319-90245-6_12
https://doi.org/10.1007/978-3-319-90245-6_12
Publikováno v:
The World Bank Economic Review. 29:479-522
Developing countries are trying to develop long-term financial markets and institutional investors are expected to play a key role. This paper uses unique evidence on the universe of institutional investors from the leading case of Chile to study to
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::c81e1a7c04eae9b1eb713b3b907c5cf5
https://doi.org/10.1093/wber/lhv002
https://doi.org/10.1093/wber/lhv002