Browsing HKS Faculty Scholarship by Keyword "Banking"
Now showing items 1-10 of 10
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Bank Credit And Business Networks
(John F. Kennedy School of Government, Harvard University, 2011)We construct the topology of business networks across the population of firms in an emerging economy, Pakistan, and estimate the value that membership in large yet diffuse networks brings in terms of access to bank credit ... -
Causes of the Financial Crisis: Many Responsible Parties
(John F. Kennedy School of Government, Harvard University., 2010)This analysis argues that blame for the financial crisis falls specifically and heavily on a broad range of the private players and public regulators in our financial sector. Wall Street and the government joined hands in ... -
Financial Mergers and Their Consequences
(John F. Kennedy School of Government, Harvard University, 2012)This paper, written for a Columbia Law School - American Bar Association conference, analyzes the massive merger wave that has led to substantially increased concentration of banking activity in the United States. One ... -
The Forward Market in Emerging Currencies: Less Biased than in Major Currencies
(John F. Kennedy School of Government, Harvard University, 2009)Many studies have replicated the finding that the forward rate is a biased predictor of the future change in the spot exchange rate. Usually the forward discount actually points in the wrong direction. But, at least until ... -
If The Banks Are Doing So Well, Why Can’t I Get A Loan? Regulatory Constraints to Financial Inclusion in Indonesia
(Wiley-Blackwell, 2011)Indonesia’s financial sector has two paradoxes: 1) Indonesia has been a global leader in microfinance for the past 25 years, but access to microfinance services is declining; and 2) Indonesia’s commercial banks are liquid, ... -
Monetary Policy in Emerging Markets: A Survey
(John F. Kennedy School of Government, Harvard University, 2011)The characteristics that distinguish most developing countries, compared to large industrialized countries, include: greater exposure to supply shocks in general and trade volatility in particular, procyclicality of both ... -
On Global Currencies
(John F. Kennedy School of Government, Harvard University, 2009)I approach the state of global currency issues by identifying eight concepts that I see as having recently “peaked” and eight more that I see as currently rising in relevance. Those that I see as having already seen their ... -
A Perplexed Economist Confronts 'Too Big to Fail'
(John F. Kennedy School of Government, Harvard University, 2010)This paper, written for a conference at the Fordham University Law School, examines various facets of the “too big to fail” debate. It notes that in the current context, “too big to fail” may imply systemic risks from large ... -
The Regulation of Consumer Financial Products: An Introductory Essay with Four Case Studies
(John F. Kennedy School of Government, Harvard University, 2010)The recent financial crisis has led many to question how well businesses deliver consumer financial services and how well regulatory institutions address problems in consumer financial markets. In response, the Obama ... -
Screening in New Credit Markets: Can Individual Lenders Infer Borrower Creditworthiness in Peer-to-Peer Lending?
(John F. Kennedy School of Government, Harvard University, 2009)The current banking crisis highlights the challenges faced in the traditional lending model, particularly in terms of screening smaller borrowers. The recent growth in online peer-to-peer lending marketplaces offers ...