This paper examines the relationship between central bank funding and credit risk-taking. Employing bank-firm-level data from German registry during 2009:Q1-2014:Q4, we find that banks borrowing rebalance their portfolios towards ex-ante riskier firms. We further establish this effect is driven by ECB’s maturity extensions risk-taking sensitivity of ECB independent idiosyncratic characteristics...

OBJECTIVE To investigate the long-term behavioral and neurophysiologic effects of combined time-locked repetitive transcranial magnetic stimulation (rTMS) and physical therapy (PT) intervention in chronic stroke patients with mild motor disabilities. METHODS Thirty patients were enrolled in a double-blind, randomized, single-center clinical trial. Patients received 10 daily sessions of 1 Hz r...

This paper provides an account of innovative research project that enabled the co-creation with justice-involved young people a transformative framework practice, termed Participatory Youth Practice (PYP). We present description our participatory processes and reflect on attempts to rebalance inherent power dynamics when working marginalised people. demonstrate how people's meaningful participa...

Abstract Did the rise of Chinese import competition in early 2000s affect banks’ credit supply policies? Using bank-firm-level data on universe Spanish corporate loans, we find that banks rebalanced their loan portfolios away from firms facing and toward profitable nonexposed sectors. Banks supplied more also to construction sector, albeit independently firms’ profitability. This was not due ex...