Microcomputer management of the Bank of New England

Empirically, bank equity value is decreasing in the interest rate. Yet (i) many banks do not hedge interest rate risk, and (ii) more than 50% of hedging banks use derivatives to increase exposure. I model a bank’s capital structure and show that these ...

In this article, we will discuss whether lines of credit can be a supplement to cash as a source of liquidity for firms to make a choice. When firms want to raise funds from market, a credit line or cash will be both agreeable choice, if the world is ...

This paper uses Chinese A-share listed companies from 2011 to 2018 as a research sample to explore the relationship between big data tax collection and corporate bank credit financing. The research results of this paper show that big data tax collection ...