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This paper provides a theory model of trade finance to explain the "great trade collapse." The...

The volume of credit extended by a bank can be an informative signal of its abilities in loan...

This paper builds on recent research by Fender and Mitchell (2009) who show that if financial...

This paper discusses key findings of the Financial System Stability Assessment on the Basel Core...

Credit rating agencies face a difficult trade-off between delivering both accurate and stable...

Trade finance has long been an important component of international financial flows. Firms in...