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Browsing Departament d'Economia i Empresa by Subject "ECL"

Browsing Departament d'Economia i Empresa by Subject "ECL"

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  • Morais, Bernardo; Ormazabal, Gaizka; Peydró, José-Luis; Roa, Mónica; Sarmiento, Miguel (2020-08)
    We show corporate-level real, financial, and (bank) risk-taking effects associated with calculating loan provisions based on expected—rather than incurred—credit losses. For identification, we exploit unique features of a ...

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