What does excess bank liquidity say about the loan market in Less Developed Countries?

The effect of wage growth caused by stock market liquidity on income inequality and poverty in developed and developed countries

One of the significant incentives of the investors to enter the capital market is to earn profits and finally increase wealth. However, one of the most important concerns of the investors while investing in the stock market is the liquidity of the stocks. Thus, the high liquidity of the stock market reduces the risk of non-liquidity of the stock, as well as reduces the cost of capital accumulat...

What Does the Cochrane Collabroation Say About…

What does your selfie say about you?

Selfies refer to self-portraits taken by oneself using a digital camera or a smartphone. They become increasingly popular in social media. However, little is known about how selfies reflect their owners’ personality traits and how people judge others’ personality from selfies. In this study, we examined the association between selfies and personality by measuring participants’ Big Five personal...

Market concentration and commercial bank loan portfolios

This paper estimates the relationship between banking market concentration and high-risk portfolio strategies at commercial banks. I use the unprecedented changes in the degree of competition in local banking markets that occurred after 1980 to estimate the impact of market competition on the risk profile of commercial bank lending. I find evidence that increasing concentration has been associa...

The Coolness Effect: What does your face say about you?

The human face seems to be giving off integral cues for conscious and unconscious first judgments. Just from looking at a snap shot of a face, raters can accurately predict someone’s intelligence and extraversion. Upon further investigating subjective traits perceived from the hu...