Journal of Financial Economic Policy: Volume 13 Issue 2

Alternative frameworks for measuring credit gaps and setting countercyclical capital buffers

Nicolas Reigl, Lenno Uusküla

This paper aims to complement to standard Basel countercyclical capital buffer framework by suggesting additional measures for credit gaps that can be used to measure the…

Financial inclusion and business cycles

Peterson K. Ozili

This study aims to investigate the relationship between financial inclusion and the business cycle.

The estimation of leverage coefficients in corporate finance research: a review of the literature

Michael T. Dugan

The purpose of this paper is to provide a literature review of elasticity-based techniques for the estimation of the degree of operating leverage (DOL) and the degree of financial…

Institutional ownership of dual-class companies

Jonathan J. Burson, Marlin R.H. Jensen

This study aims to examine institutional ownership of companies that go public with dual-class share structures.

Factors influencing the borrower loan size in microfinance group lending: a survey from Indian microfinance institutions

Sunil Sangwan, Narayan Chandra Nayak

The purpose of this paper is to analyze the impact of the cost of microfinance intermediation on borrowers’ loan size. The identified transaction cost and credit risk factors tell…

Expansionary monetary policy and corporate investment in an emerging market

Quoc Trung Tran

The purpose of this paper is to investigate the effect of monetary loosening on corporate investment in an emerging market.

Bank mergers: the cyclical behaviour of regulation, risk and returns

Mohamad Hassan, Evangelos Giouvris

The purpose of this paper is to examine the effects of bank mergers on systemic and systematic risks on the relative merits of product and market diversification strategies. It…