Your email was sent successfully. Check your inbox.

An error occurred while sending the email. Please try again.

Proceed reservation?

Export
Filter
  • Demirguc-Kunt, Asli  (2)
  • Sadka, Joyce  (2)
  • Washington, D.C : The World Bank  (4)
  • Cham : Springer International Publishing AG
  • Bankruptcy and Resolution of Financial Distress  (4)
  • 1
    Online Resource
    Online Resource
    Banking Research in the Time of COVID-19 (2021)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource (84 pages)
    Parallel Title: Erscheint auch als Print Version: Berger, Allen N Banking Research in the Time of COVID-19
    Keywords: Bailouts ; Banking Sector ; Bankruptcy and Resolution of Financial Distress ; Business Cycles and Stabilization Policies ; Capital Markets and Capital Flows ; Coronavirus ; COVID-19 ; Disease Control and Prevention ; Finance and Financial Sector Development ; Financial Crises ; Financial Regulation and Supervision ; Global Financial Crisis ; Health, Nutrition and Population ; Macroeconomics and Economic Growth ; Tarp
    Abstract: Despite the devastating worldwide human and economic tolls of the COVID-19 crisis, it has created some positive economic and financial surprises and opportunities for research. This paper highlights two such favorable surprises -the shortest U.S. recession on record and the avoidance of any banking crisis-and a number of research opportunities. The paper ties the "economic surprise" of the short recession to the speed and size of U.S. stimulus programs during COVID-19-faster and larger than for the Global Financial Crisis (GFC). It connects the "financial surprise" of the resilient banking sector to prudential policies put in place during and after the GFC that fortified U.S. banks prior to COVID-19. These twin "surprises" are also mutually reinforcing-if either the economy or banking system had failed, so would the other. The paper also reviews extant COVID-19 banking research and suggests paths for future research. It recommends that particular attention be paid to research outside of the U.S.-where fewer favorable "surprises" may be present-as the best way to advance knowledge in this area
    DOI: 10.1596/1813-9450-9782
    URL: Deutschlandweit zugänglich
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
    Online Resource
    MPI Ethno. Forsch.
  • 2
    Online Resource
    Online Resource
    Enforceability of Labor Law : Evidence From A Labor Court In Mexico (2008)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (1 online resource (36 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Kaplan, David S Enforceability of Labor Law
    Keywords: Adjudication ; Assets ; Bankruptcy and Resolution of Financial Distress ; Confidence ; Corruption ; Finance and Financial Sector Development ; Information Security and Privacy ; Judicial process ; Judicial system ; Law and Development ; Lawyer ; Lawyers ; Legal Products ; Legal framework ; Microfinance ; Public Sector Corruption and Anticorruption Measures ; Trial ; Adjudication ; Assets ; Bankruptcy and Resolution of Financial Distress ; Confidence ; Corruption ; Finance and Financial Sector Development ; Information Security and Privacy ; Judicial process ; Judicial system ; Law and Development ; Lawyer ; Lawyers ; Legal Products ; Legal framework ; Microfinance ; Public Sector Corruption and Anticorruption Measures ; Trial ; Adjudication ; Assets ; Bankruptcy and Resolution of Financial Distress ; Confidence ; Corruption ; Finance and Financial Sector Development ; Information Security and Privacy ; Judicial process ; Judicial system ; Law and Development ; Lawyer ; Lawyers ; Legal Products ; Legal framework ; Microfinance ; Public Sector Corruption and Anticorruption Measures ; Trial
    Abstract: The authors analyze lawsuits involving publicly-appointed lawyers in a labor court in Mexico to study how a rigid law is enforced. They show that, even after a judge has awarded something to a worker alleging unjust dismissal, the award goes uncollected 56 percent of the time. Workers who are dismissed after working more than seven years, however, do not leave these awards uncollected because their legally-mandated severance payments are larger. A simple theoretical model is used to generate predictions on how lawsuit outcomes should depend on the information available to the worker and on the worker's cost of collecting an award after trial, both of which are determined in part by the worker's lawyer. Differences in outcomes across lawyers are consistent with the hypothesis that firms take advantage both of workers who are poorly informed and of workers who find it more costly to collect an award after winning at trial
    URL: Volltext  (Deutschlandweit zugänglich)
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
    Online Resource
    MPI Ethno. Forsch.
  • 3
    Online Resource
    Online Resource
    Formal Versus Informal Finance : Evidence From China (2008)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (1 online resource (77 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Ayyagari, Meghana Formal Versus Informal Finance
    Keywords: Access to Finance ; Alternative Financing ; Banking System ; Bankruptcy and Resolution of Financial Distress ; Banks and Banking Reform ; Corruption ; Debt Markets ; Finance and Financial Sector Development ; Financial Development ; Financial System ; Financial Systems ; Formal Bank ; Formal Financial Institutions ; Informal Finance ; International Bank ; Access to Finance ; Alternative Financing ; Banking System ; Bankruptcy and Resolution of Financial Distress ; Banks and Banking Reform ; Corruption ; Debt Markets ; Finance and Financial Sector Development ; Financial Development ; Financial System ; Financial Systems ; Formal Bank ; Formal Financial Institutions ; Informal Finance ; International Bank ; Access to Finance ; Alternative Financing ; Banking System ; Bankruptcy and Resolution of Financial Distress ; Banks and Banking Reform ; Corruption ; Debt Markets ; Finance and Financial Sector Development ; Financial Development ; Financial System ; Financial Systems ; Formal Bank ; Formal Financial Institutions ; Informal Finance ; International Bank
    Abstract: China is often mentioned as a counterexample to the findings in the finance and growth literature since, despite the weaknesses in its banking system, it is one of the fastest growing economies in the world. The fast growth of Chinese private sector firms is taken as evidence that it is alternative financing and governance mechanisms that support China's growth. This paper takes a closer look at firm financing patterns and growth using a database of 2,400 Chinese firms. The authors find that a relatively small percentage of firms in the sample utilize formal bank finance with a much greater reliance on informal sources. However, the results suggest that despite its weaknesses, financing from the formal financial system is associated with faster firm growth, whereas fund raising from alternative channels is not. Using a selection model, the authors find no evidence that these results arise because of the selection of firms that have access to the formal financial system. Although firms report bank corruption, there is no evidence that it significantly affects the allocation of credit or the performance of firms that receive the credit. The findings suggest that the role of reputation and relationship based financing and governance mechanisms in financing the fastest growing firms in China is likely to be overestimated
    URL: Volltext  (Deutschlandweit zugänglich)
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
    Online Resource
    MPI Ethno. Forsch.
  • 4
    Online Resource
    Online Resource
    Litigation And Settlement : New Evidence From Labor Courts In Mexico (2007)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (1 online resource (40 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Kaplan, David S Litigation And Settlement
    Keywords: Arbitration ; Bankruptcy and Resolution of Financial Distress ; Claim ; Finance and Financial Sector Development ; Information Security and Privacy ; Judgments ; Labor Courts ; Labor Markets ; Law Enforcement Systems ; Law and Development ; Legal Environment ; Multiple Claimants ; Private Law ; Private Parties ; Public Disclosure ; Settlement ; Settlements ; Social Protections and Labor ; Arbitration ; Bankruptcy and Resolution of Financial Distress ; Claim ; Finance and Financial Sector Development ; Information Security and Privacy ; Judgments ; Labor Courts ; Labor Markets ; Law Enforcement Systems ; Law and Development ; Legal Environment ; Multiple Claimants ; Private Law ; Private Parties ; Public Disclosure ; Settlement ; Settlements ; Social Protections and Labor ; Arbitration ; Bankruptcy and Resolution of Financial Distress ; Claim ; Finance and Financial Sector Development ; Information Security and Privacy ; Judgments ; Labor Courts ; Labor Markets ; Law Enforcement Systems ; Law and Development ; Legal Environment ; Multiple Claimants ; Private Law ; Private Parties ; Public Disclosure ; Settlement ; Settlements ; Social Protections and Labor
    Abstract: Using a newly assembled data set on procedures filed in Mexican labor tribunals, the authors of this paper study the determinants of final awards to workers. On average, workers recover less than 30 percent of their claim. The strongest result is that workers receive higher percentages of their claims in settlements than in trial judgments. It is also found that cases with multiple claimants against a single firm are less likely to be settled, which partially explains why workers involved in these procedures receive lower percentages of their claims. Finally, the authors find evidence that a worker who exaggerates his or her claim is less likely to settle
    URL: Volltext  (Deutschlandweit zugänglich)
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
    Online Resource
    MPI Ethno. Forsch.
Close ⊗
This website uses cookies and the analysis tool Matomo. More information can be found here...