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The Internationalization of China's Equity Markets

Author/Editor: Juan J Cortina, Maria Soledad Martinez Peria, Sergio L Schmukler, Jasmine Xiao.

Release Date:February, 2023

China's equity markets internationalization process started in the early 2000s but accelerated after 2012, when Chinese firms' shares listed in Shanghai and Shenzhen gradually became available to more...



Price: $20.00
The Anatomy of Banks' IT Investments: Drivers and Implications

Author/Editor: Kosha Modi, Nicola Pierri, Yannick Timmer, Maria Soledad Martinez Peria.

Release Date:December, 2022

This paper relies on administrative data to study determinants and implications of US banks' Information Technology (IT) investments, which have increased six-fold over two decades. Large and small more...



Price: $20.00
When They Go Low, We Go High? Measuring Bank Market Power in a Low-for-Long Environment

Author/Editor: Deniz O Igan, Maria Soledad Martinez Peria, Nicola Pierri, Andrea F Presbitero.

Release Date:May, 2021

We examine trends in bank competition since the early 2000s. The Lerner index—arguably the most commonly used measure—shows evidence of a marked increase in market power in advanced economies, more...



Price: $18.00
Understanding the Use of Long-term Finance in Developing Economies

Author/Editor: Maria Soledad Martinez Peria, Sergio L Schmukler.

Release Date:April, 2017

This short paper reviews recent literature on the use of long-term finance in developing economies (relative to advanced ones) to identify where long-term financing occurs, and what role different more...



Price: $18.00
Bank Ownership : Trends and Implications

Author/Editor: Robert Cull, Maria Soledad Martinez Peria, Jeanne Verrier.

Release Date:March, 2017

This paper presents recent trends in bank ownership across countries and summarizes the evidence regarding the implications of bank ownership structure for bank performance and competition, financial more...



Price: $18.00
Foreign Bank Subsidiaries' Default Risk during the Global Crisis : What Factors Help Insulate Affiliates from their Parents?

Author/Editor: Deniz Anginer, Eugenio M Cerutti, Maria Soledad Martinez Peria.

Release Date:June, 2016

This paper examines the association between the default risk of foreign bank subsidiaries in developing countries and their parents during the global financial crisis, with the purpose of determining more...



Price: $18.00