1 Usage of Pre-Made Text-Modules and Peer-Groups for Mitigating Information Asymmetry in Social Lending: Evidence on Funding Success from German Platform Smava Arne Frerichs, Department of Application Systems and E-Business, Georg-August-Universität Gött ingen, Gött ingen, Germany Christian Michaelis, Department of Business Education and Human Resource Development, Georg-August-Universität Gött...

This paper argues that the IMF financial and good technical assistance to Russia in the 1990s has been less than generous. Not only the size of the assistance might have not been adequate but also the timing and actual disbursements of these funds were in sharp discord with pledges. More importantly, the IMF made a number of serious policy mistakes in both design and the implementation of the r...

This paper studies the impact of bank mergers on firm-bank lending relationships using information from individual loan contracts in Belgium. We analyse the effects of bank mergers on the probability of borrowers maintaining their lending relationships and on their ability to continue tapping bank credit. The Belgian financial environment reflects a number of interesting features: high banking ...

a r t i c l e i n f o Paying particular attention to the degree of banking market concentration in developing countries, this paper examines the effect of credit information sharing on bank lending. Using bank-level data from African countries over the period 2004 to 2009 and a dynamic two-step system generalised method of moments (GMM) estimation , it is found that credit information sharing i...

The Basel Committee for Banking Supervision recently drew a great deal of attention when they published their proposal for a New Basel Capital Accord (2001). Among the critisism, praise, and numerous responses it generated, one aspect was given very little attention: the credit cycle. Traditionally, credit had been granted at the same or very similar conditions to all the credit applicants who ...