CfP Deadline Date: July 15, 2020 Conference Event: December 14-16, 2020 Event Location: Paris, France Keynote speaker(s): Lemma W. Senbet (Smith School of the University of Maryland & Director of the Center for Financial Policy) Mariassunta Giannetti (Stockholm School of Economics) Geert Bekaert (Professor of Business, Columbia Business School) Organizer(s): IPAG Business School This two[…]
CfP Deadline Date: August 24, 2020 (Full Papers Regular Session) September 10, 2020 (Extended Abstract COVID-19) Conference Event: October 9-10, 2020 Event Location: Virtual Conference Keynote speaker(s): Edward Altman (NYU Stern School of Business) Linda Allen (City University of New York) Menachem Brenner (NYU Stern School of Business) Edith Hotchkiss (Boston College) Giorgio Baldassarri (S&P Global Market[…]
Author(s): Felipe Saffie, Liliana Varela, and Kei-Mu Yi Date: June 2020 Abstract: We empirically and theoretically study the effects of capital flows on resource allocation within sectors and cross-sectors. Novel data on service firms – in addition to manufacturing firms – allows us to assess two channels of resource reallocation. Capital inflows lower the relative[…]
Author(s): Ralf Meisenzahl, Friederike Niepmann, and Tim Schmidt-Eisenlohr Date: June 2020 Abstract: We show that U.S. dollar movements affect syndicated loan terms for U.S. borrowers, even for those without trade exposure. We identify the effect of dollar movements using spread and loan amount adjustments during the syndication process. Using this high-frequency, within loan variation, we[…]
A BIS report prepared by a Working Group chaired by Sally Davies (Board of Governors of the Federal Reserve System) and Christopher Kent (Reserve Bank of Australia) […] This report presents the Group’s findings. The growing share of the US dollar in international borrowing has been accompanied by major changes in the structure of the[…]