Report NEP-FDG-2025-08-11

This is the archive for NEP-FDG, a report on new working papers in the area of Financial Development and Growth. Georg Man issued this report. It is usually issued weekly.

Subscribe to this report: email, RSS, or Mastodon, or Bluesky.

Other reports in NEP-FDG

The following items were announced in this report:

• Payne Hennigan, 2025. "Conglomerates, Liquidity Shocks, and Innovation-Led Growth," Papers 2505.13993, arXiv.org.
• Joris Tielens, 2025. "Financial Shocks, Productivity, and Prices," Working Paper Research 479, National Bank of Belgium.
• Xing Guo & Pablo Ottonello & Thomas Winberry & Toni Whited, 2025. "Firm Heterogeneity and Adverse Selection in External Finance: Micro Evidence and Macro Implications," NBER Working Papers 34019, National Bureau of Economic Research, Inc.
• John B. Donaldson & Hyung Seok E. Kim & Rajnish Mehra, 2025. "Wealth Inequality, Labor Market Arrangements and the Secular Decline in the Real Interest Rate," NBER Working Papers 34016, National Bureau of Economic Research, Inc.
• Julio Villavicencio Vásquez, 2025. "How to develop the capital market?: make countries fitness," Documentos de Trabajo / Working Papers 2025-542, Departamento de Economía - Pontificia Universidad Católica del Perú.
• Judith Arnal, 2025. "El espejismo de Finance Europe: por qué etiquetar el ahorro no resuelve los desequilibrios estructurales europeos," Fedea Economy Notes 2025-26, FEDEA.
• Böninghausen, Benjamin & Evrard, Johanne & Gati, Zakaria & Gori, Sofia & Lambert, Claudia & Legran, Daniel & Schuster, Wagner Eduardo & van Overbeek, Fons, 2025. "Should we mind the gap? An assessment of the benefits of equity markets and policy implications for Europe’s capital markets union," Occasional Paper Series 373, European Central Bank.
• Karan, Mehmet Baha & Westerman, Wim, 2024. "A narration of banks, economic freedom and liberal democracy," Research Report 2024012-EEF, University of Groningen, FEB Research Institute (FEBRI).
• Césaire Meh & Kevin Moran, 2025. "Shadow Banking and Regulation: A Quantitative Assessment," CIRANO Working Papers 2025s-22, CIRANO.
• Heng-fu Zou, 2025. "Institution-Based Asset Pricing: A Generalization of Consumption- and Production-Based Models," CEMA Working Papers 765, China Economics and Management Academy, Central University of Finance and Economics.
• Heng-fu Zou, 2025. "Institutional Volatility and the Equity Premium Puzzle: A Dynamic Asset Pricing Framework for OECD Economies," CEMA Working Papers 775, China Economics and Management Academy, Central University of Finance and Economics.
• Kitamura, Kazuhito, 2025. "Modern Economy and Reconsideration of the Equilibrium Assumption : Is it possible to reconstruct "effective" economics?," MPRA Paper 125537, University Library of Munich, Germany.
• Efraim Benmelech & Nitish Kumar & Raghuram Rajan, 2025. "Debt and Assets," NBER Working Papers 34008, National Bureau of Economic Research, Inc.
• Bezemer, Dirk & Stumphius, Chris, 2024. "Green Bonds," Research Report 2024004-GEM, University of Groningen, FEB Research Institute (FEBRI).
• Delis, Manthos & Iosifidi, Maria, 2025. "Green Lending," MPRA Paper 125118, University Library of Munich, Germany.
• van der Kwaak, Christiaan, 2024. "Bank Risk Taking and Central Bank Lending in Financial Crises," Research Report 2024014-EEF, University of Groningen, FEB Research Institute (FEBRI).
• van der Kwaak, Christiaan, 2024. "Bank Risk Taking & Quantitative Easing," Research Report 2024013-EEF, University of Groningen, FEB Research Institute (FEBRI).
• Salvatore Federico & Andrea Modena & Luca Regis, 2025. "Coordinating Bank Dividend and Capital Regulation," Carlo Alberto Notebooks 746 JEL Classification: C, Collegio Carlo Alberto.
• Ozili, Peterson K, 2025. "Reflecting on the recent banking crisis, what are the new financial stability determinants?," MPRA Paper 125565, University Library of Munich, Germany.
• Ioana Moldovan & Shu-Chun S. Yang & Luis-Felipe Zanna, 2025. "Ramsey-Optimal Fiscal Spending and Reserve Accumulation Policies under Volatile Aid," IMF Working Papers 2025/154, International Monetary Fund.
• Hermes, Niels & Hudon, Marek & Moahid, Masaood, 2024. "The Microfinance Regulation Maze: A Systematic Literature Review," Research Report 2024010-EEF, University of Groningen, FEB Research Institute (FEBRI).
• Tian, Xin, 2024. "The Effect of the Global Financial Cycle on National Financial Cycles," Research Report 2024007-GEM, University of Groningen, FEB Research Institute (FEBRI).
• Dieter Vanwalleghem & Carmela D’avino, 2025. "Functional distance and US global banks’ foreign branch lending," Post-Print hal-05147313, HAL.
• Torben Klarl & Alexander S. Kritikos & Knarik Poghosyan, 2025. "Complementary Funding: How Location Links Crowdfunding and Venture Capital," Discussion Papers of DIW Berlin 2134, DIW Berlin, German Institute for Economic Research.
• Volha Audzei & Jan Bruha & Ivan Sutoris, 2025. "Does Firms' Financing in Foreign Currency Matter for Monetary Policy?," Working Papers 2025/10, Czech National Bank, Research and Statistics Department.
• Elfsbacka-Schmöller, Michaela & Goldfayn-Frank, Olga & Schmidt, Tobias, 2025. "Beyond the short run: monetary policy and innovation investment," Working Paper Series 3080, European Central Bank.
• Athanasopoulos, Angelos & Fraccaroli, Nicolo & Kern, Andreas & Romelli, Davide, 2025. "Central Bank Independence and Sovereign Borrowing," Policy Research Working Paper Series 11179, The World Bank.
• Bartels, Bernhard & Eichengreen, Barry & Schumacher, Julian & Weder di Mauro, Beatrice, 2025. "Central bank independence and risk-taking at the zero lower bound," Working Paper Series 3079, European Central Bank.
• Bindseil, Ulrich & Mäkeler, Hendrik & Pihl, Christopher, 2025. "Central bank liquidity transformation and collateral frameworks: Lessons from 1682," IBF Paper Series 04-25, IBF – Institut für Bank- und Finanzgeschichte / Institute for Banking and Financial History, Frankfurt am Main.
• Boris Hofmann & Xiaorui Tang & Feng Zhu, 2025. "Central bank and media sentiment on central bank digital currency: an international perspective," BIS Working Papers 1279, Bank for International Settlements.
• Aslanidis, Nektarios & Bariviera, Aurelio & Kapetanios, George & Sarafidis, Vasilis, 2025. "Heterogeneous Exposures to Systematic and Idiosyncratic Risk across Crypto Assets: A Divide-and-Conquer Approach," MPRA Paper 125124, University Library of Munich, Germany.