 | Shock Absorbers or Transmitters? The Role of Foreign Banks during COVID-19 Author/Editor: Weijia Yao, Anamika Sen, Juan Yepez. Release Date:September, 2022 This paper studies whether bank ownership influenced lending behavior during the COVID-19 shock. It finds that, similar to previous episodes of financial distress, foreign banks appear to have played more...
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 | Policy Options for Supporting and Restructuring Firms Hit by the COVID-19 Crisis Author/Editor: Juliana Dutra Araujo, José Garrido, Emanuel Kopp, Richard Varghese, Weijia Yao. Release Date:February, 2022 This paper presents principles that could guide the design of more targeted policy support and facilitate the restructuring of firms adversely impacted by the COVID-19 pandemic. To this end, the more...
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 | Handle with Care: Regulatory Easing in Times of COVID-19 Author/Editor: Fabian Valencia, Richard Varghese, Weijia Yao, Juan Yepez. Release Date:February, 2021 The policy response to the COVID-19 shock included regulatory easing across many jurisdictions to facilitate the flow of credit to the economy and mitigate a further ampli-fication of the shock more...
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 | The Real Effects of Mobile Money: Evidence from a Large-Scale Fintech Expansion Author/Editor: Manasa Patnam, Weijia Yao. Release Date:July, 2020 Mobile money services have rapidly expanded across emerging and developing economies and enabled new ways through which households and firms can conduct payments, save and send remittances. We more...
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