Abstract In this paper we analyze market segmentation by firm size in the commercial real estate transaction process. Using novel micro-level data, look at probability distribution of investors acquiring a specific bundle characteristics, distinguishing between based on their portfolio. We find evidence investor size: institutional segment across property characteristics The that large (small) ...

This report discusses key issues around the mobilization of private capital for development. Investment requirements are huge, especially infrastructure, climate and other SDG-related investments. External finance developing countries stagnated in years before pandemic, followed by a major setback 2020/2021. The focus is particular on institutional investors, whose exposure to less-developed st...

Institutional investors, primarily pension funds, drive global financial markets. The result is investors vulnerable to the risks companies face in global consumer and capital markets. Though some market risks are inevitable, others, such as reputation risk, can be mitigated through increased corporate social and environmental standards and the increased transparency that such higher standards ...

A strong dollar has been associated with lower lending to emerging markets and tighter global financial conditions. This paper documents similar patterns for credit in the U.S. economy: when broad index appreciates by 1 percent, banks’ corporate loan originations fall 4.5 banks tightening standards safer borrowers. negative correlation, which we term channel, is at least part driven institution...

We examine the bidding behavior of institutional investors in initial public offering (IPO) auctions using a hand-collected dataset limit bids. find that majority our sample are “occasional bidders,” who rarely get share allocation. “Regular bidders” minority but account for bulk demand. They bid conservatively, and only few them can be classified as “well-informed place more aggressive bids ho...