Browsing International Finance by Subject "G28"
Now showing items 1-2 of 2
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Price of regulations: Regulatory costs and the cross-section of stock returns
(Oxford University Press, 2024-01)Regulations introduce significant fixed costs and add to operating leverage. Fixed regulatory costs that contribute to operating leverage should generate a risk premium. To explore whether such a premium exists, we introduce ... -
The real estate and credit bubble: evidence from Spain
(Springer Science+Business Media, 2014-08)We analyze the determinants of real estate and credit bubbles using a unique borrower-lender matched dataset on mortgage loans in Spain. The dataset contain real estate credit and price conditions (loan principal and spread, ...
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