Yusuf Soner Baskaya, Julian di Giovanni, Sebnem Kalemli-Özcan, and Mehmet Fatih Ulu argue that, during periods of high global risk appetite, capital inflows fuel a credit expansion in emerging markets by reducing the costs of borrowing.
Hugo Rodríguez shows how narrow banking could be implemented without affecting intermediation by depository institutions.
Benito Arruñada and Marco Casari use an experimental framework to explore how institutions that allocate enforcement rights affect credit transactions.
Pau Milán uses data from community networks in the Bolivian Amazon to analyze a model of informal insurance.
Özlem Akin, Nicholas S. Coleman, Christian Fons-Rosen and José-Luis Peydró use insider trading data to determine whether political connections led to private information flows from regulators to bankers before bank-specific TARP bailout decisions were made public.
Ayelet Gneezy, Uri Gneezy, Joan Llull, and Pedro Rey-Biel conduct a field experiment on customer expectations and “pay-what-you-want” pricing.