Discussion Papers In Economics And Business
· 0 citations
· 1 references
Similar papers
Open access
Aug 2026
Macroeconomic Shocks, Credit-Risk Persistence, and the Limits of Nonlinear Transmission in Emerging Europe
This paper examines how economic downturns and currency movements affect the quality of bank loans in Central, Eastern, and Southeastern Europe, using annual data for 14 national banking systems over 2008–2023. We estimate a bias-corrected dynamic fixed-effects model, verify inference with Driscoll–Kraay, cluster-robus...
Ivana Miklošević, Andreja Todorović, Andrija Popović
· Journal of Risk and Financia... · 0 citations
Open access
Aug 2026
The Impact of Monetary Policy Shocks on Stock Price Crash Risk
This study examines the impact of monetary policy shocks (MPS) on future stock price crash risk (SPCR), using a sample of US firms from 1995 to 2019. We find that expansionary MPS significantly reduce the likelihood of SPCR, while contractionary MPS show no statistically significant effect on SPCR. These results rema...
Shun-Shun Xu, Haifeng Guo, Yeqin Zeng
· International Journal of Fin... · 0 citations
Open access
Aug 2026
Analyzing GDP and stock market dynamics
This paper aims to examine whether the forces linking financial markets to real economic activity operate differently across business cycle phases, using quarterly US data from 1990 to 2024, spanning four recession episodes. Specifically, the author asks whether the mechanism that normally keeps equity markets anch...
Naowar Mohiuddin
· Studies in Economics and Fin... · 0 citations
2026
Trade Policy Shocks and the Indian Equity Market: An Empirical Analysis of U.S. Tariff Changes and Sectoral Stock Returns
This study aims to understand how major US tariff-policy announcements have influenced the prices of Indian equities. The study further explores conditional volatility and financial transmission channels from January 2018 to June 2026. This study employs a combined event-study framework. Generalized Autoregressive Cond...
Avinash Holihosur, Melita Simoes, Laxman R. Yaligar et al.
· International Journal of Lat... · 0 citations
Open access
Aug 2026
Cash conversion cycles and financial flexibility under economic shocks: evidence from emerging markets
This study examines whether the cash conversion cycle (CCC) supports financial flexibility or instead increases firm vulnerability under economic policy uncertainty (EPU), and tests whether the COVID-19 pandemic altered this relationship for firms with different pre-existing working-capital structures. The study uses a...
M. Gnanendra, Guruprasad Desai, M. N. Nikhil et al.
· SN Business & Economics · 0 citations
Open access
Aug 2026
Monetary Policy Tightening, and Banking Concentration: Structural Evidence from an Emerging Economy
This paper analyses the short-run dynamic relationship between monetary policy and banking market structure in Colombia during a period of post-pandemic inflation and aggressive policy tightening. Using monthly credit portfolio data for 2017–2024, we compute several concentration indicators (the Herfindahl–Hirschman In...
Yoly Tatiana Polania Cerinza, Osval Armando Ibáñez-Díaz, H. Guerrero-Sierra et al.
· Journal of Risk and Financia... · 0 citations