Oxford Index Browse

You are looking at 1-3 of 3 items for:

Banking x Microeconomics x Financial Markets x clear all

Information, the Cost of Credit, and Operational Efficiency: An Empirical Study of Microfinance

Mark J. Garmaise and Gabriel Natividad.

in The Review of Financial Studies

June 2010; p ublished online April 2010 .

Journal Article. Subjects: Banking; Investment Banking; International Financial Markets; Economic Development; Information, Knowledge, and Uncertainy. 13354 words.

We provide direct evidence on the impact of asymmetric information on both financing and operating activities through a study of credit evaluations of microfinance institutions (MFIs). We...

Interbank Market Freezes and Creditor Runs

Xuewen Liu.

in The Review of Financial Studies

July 2016; p ublished online March 2016 .

Journal Article. Subjects: Economics; Banking; Information, Knowledge, and Uncertainy; Financial Markets. 22670 words.

We model the interplay between trade in the interbank market and creditor runs on financial institutions. We show that the feedback between them can amplify a small shock into “interbank...

Market-Based Corrective Actions

Philip Bond, Itay Goldstein and Edward Simpson Prescott.

in The Review of Financial Studies

February 2010; p ublished online September 2009 .

Journal Article. Subjects: Financial Markets; Information, Knowledge, and Uncertainy; Economics; Banking; Financial Regulation; Mergers and Acquisitions. 23492 words.

Many economic agents take corrective actions based on information inferred from market prices of firms’ securities. Examples include directors and activists intervening in the management of...