ListarUniversidad Torcuato Di Tella por tema "Banking and financial activity"

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    • How ETFs Amplify the Global Financial Cycle in Emerging Markets 

      Converse, Nathan; Levy Yeyati, Eduardo; Williams, Tomas (Universidad Torcuato Di TellaEscuela de Gobierno, 2017-12)
      Since the early 2000s exchange-traded funds (ETFs) have grown to become an important investment vehicle worldwide. In this paper, we study how their growth affects the sensitivity of international capital flows to the ...

    • Political Uncertainty and the Geographic Allocation of Credit: Evidence from Small Businesses 

      Penas, María Fabiana; Mâo-De-Ferro, Ana; Cerqueiro, Geraldo (Journal of Money, Credit and Banking (e-ISSN:1538-4616), 2024-05-23)
      We investigate how banks change the geographic distribution of their small business loan portfolio when they face political uncertainty in some of the states where they operate. Using exogenous variation in gubernatorial ...